Sao Tome and Principe: Institutional Capacity Building Project

Development Objective

To contribute to improved capacity of public institutions to: i) supervise the banking system; ii) promote access to finance; iii) manage public finances; and, iv) produce national statistics.

Key Details

Project Details

Project ID
P162129
Status
Active
Team Leader
Delfim Mampassi Mawete , Belisario Carvalheda Dos Santos, Mohamed Boly
Borrower 2
Republic of Sao Tome and Principe

Country
Sao Tome and Principe
Disclosure Date
May 24, 2017
Approval Date
(as of board presentation)
May 18, 2018
Effective Date
August 28, 2018

Total Project Cost 1
US$ 12.00 million
Implementing Agency
Central Bank,National Statistics Agency,Ministry of Justice,Ministry of Planning and Finance
Region
Eastern and Southern Africa
Fiscal Year 3
2018

Commitment Amount
US$ 12.00 million
Environmental Category
C
Environmental and Social Risk
Not Applicable
Closing Date
June 30, 2025

Consultant Services required
Yes
Last Stage Reached
BANK APPROVED
Last Update Date
April 29, 2024

Associated Projects
P174153

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Finance

FY17 - Financial Infrastructure and Access23%
- FY17 - Credit Infrastructure23%
- FY17 - Financial inclusion23%
FY17 - Financial Stability23%
- FY17 - Financial Sector oversight and policy/banking regulation & restructuring23%

FY17 - Public Sector Management

FY17 - Data Development and Capacity Building25%
- FY17 - Data production, accessibility and use25%
FY17 - Public Administration21%
- FY17 - State-owned Enterprise Reform and Privatization21%
FY17 - Public Finance Management36%
- FY17 - Debt Management18%
- FY17 - Domestic Revenue Administration23%
- FY17 - Public Expenditure Management21%

FY17 - Urban and Rural Development

FY17 - Rural Development17%
- FY17 - Land Administration and Management17%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Grant	12.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	12.00
IBRD + IDA Commitment	12.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	12.00

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

No data available.

Detailed Financial Activity as of March 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Jul 8, 2024	IDA-D8180	Loan Disb	11,449.38
Nov 14, 2023	IDA-D8180	Loan Disb	1,105,161.10
Jan 17, 2023	IDA-D8180	Loan Disb	403,851.72
Jan 23, 2023	IDA-D8180	Loan Disb	-403,625.06
Mar 16, 2023	IDA-D8180	Loan Disb	403,851.75
Mar 9, 2023	IDA-D8180	Loan Disb	91,043.78
Jan 10, 2023	IDA-D8180	Loan Disb	165,110.58
Apr 11, 2022	IDA-D8180	Loan Disb	179,820.88
Jul 22, 2022	IDA-D8180	Loan Disb	167,626.83
Oct 7, 2021	IDA-D8180	Loan Disb	1,000,000.00
Sep 8, 2020	IDA-D3080	Loan Disb	-484,678.72
Nov 12, 2020	IDA-D3080	Loan Disb	484,712.20
Sep 7, 2023	IDA-D3080	Loan Disb	210,000.00
Jun 30, 2023	IDA-D3080	Loan Disb	210,000.00
Mar 22, 2024	IDA-D8180	Loan Disb	450,000.00
Jun 5, 2024	IDA-D8180	Loan Disb	449,761.40
May 18, 2018	IDA-D3080	Loan Commitment	12,000,000.00
May 28, 2021	IDA-D8180	Loan Commitment	7,000,000.00
Oct 9, 2018	IDA-D3080	Loan Disb	800,000.00
Oct 14, 2020	IDA-D3080	Loan Disb	104,086.45
Aug 28, 2020	IDA-D3080	Loan Disb	484,712.22
Sep 1, 2020	IDA-D3080	Loan Disb	264,995.20
Dec 12, 2019	IDA-D3080	Loan Disb	495,977.10
Aug 26, 2019	IDA-D3080	Loan Disb	272,102.12
Oct 1, 2019	IDA-D3080	Loan Disb	137,837.11
Jun 26, 2019	IDA-D3080	Loan Disb	284,175.00
Jun 12, 2019	IDA-D3080	Loan Disb	552,721.40
Mar 22, 2019	IDA-D3080	Loan Disb	494,834.38
Oct 12, 2018	IDA-D3080	Loan Disb	289,500.00
Aug 28, 2018	IDA-D3080	Loan Disb	379,046.97
Jan 4, 2019	IDA-D3080	Loan Disb	356,609.38
Jul 6, 2023	IDA-D3080	Loan Disb	-209,769.97
Aug 3, 2023	IDA-D3080	Loan Disb	95,318.67
Apr 26, 2023	IDA-D3080	Loan Disb	92,440.49
Dec 7, 2022	IDA-D3080	Loan Disb	250,186.50
Dec 22, 2022	IDA-D3080	Loan Disb	300,000.00
Dec 16, 2022	IDA-D3080	Loan Disb	62,039.45
Sep 20, 2022	IDA-D3080	Loan Disb	226,710.94
Dec 10, 2021	IDA-D3080	Loan Disb	236,284.25
Jun 24, 2022	IDA-D3080	Loan Disb	110,239.79
Aug 16, 2021	IDA-D3080	Loan Disb	562,628.20
Aug 23, 2021	IDA-D3080	Loan Disb	-562,393.80
Sep 7, 2021	IDA-D3080	Loan Disb	562,628.20
Jul 21, 2021	IDA-D3080	Loan Disb	-562,393.60
Jul 16, 2021	IDA-D3080	Loan Disb	562,628.20
Jun 1, 2021	IDA-D3080	Loan Disb	562,628.20
Jun 8, 2021	IDA-D3080	Loan Disb	-562,390.75
Jul 17, 2024	IDA-D3080	Loan Disb	47,474.04
Jul 31, 2024	IDA-D3080	Loan Disb	239,095.02
Mar 22, 2024	IDA-D3080	Loan Disb	350,000.00
May 22, 2024	IDA-D3080	Loan Disb	557,888.40
Nov 29, 2023	IDA-D3080	Loan Disb	-499,673.12
Dec 13, 2023	IDA-D3080	Loan Disb	500,000.00
Nov 16, 2023	IDA-D3080	Loan Disb	500,000.00
Oct 30, 2023	IDA-D3080	Loan Disb	-499,775.03
Oct 10, 2023	IDA-D3080	Loan Disb	500,000.00
Jun 26, 2023	IDA-D3080	Loan Disb	390,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Procurement	Moderately Satisfactory	2024-11-20
Project Management	Moderately Satisfactory	2024-11-20
Progress towards achievement of PDO	Satisfactory	2024-11-20
Overall Implementation Progress (IP)	Moderately Satisfactory	2024-11-20
Financial Management	Moderately Satisfactory	2024-11-20
Monitoring and Evaluation	Moderately Satisfactory	2024-11-20

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Value Added Tax revenues as percentage of GDP Value 0.00 2.10 1.00
Date June 1, 2018 March 31, 2023 December 31, 2024
Comment
Population coverage of the Credit Registry Value 11.90 12.60 25.00
Date June 1, 2018 March 31, 2023 June 30, 2025
Comment

Improved Capacity of the National Statisitcs Institute to produce national statistics as measured by the Overall Statistical Capacity Score (SCI)	Value	63.30	65.60	68.00
	Date	June 1, 2018	December 31, 2023	December 31, 2024
	Comment

Improved capacity of BCSTP to promote financial stability as measured by the percentage of banks that corrected provisioning and capital shortfalls identified by AQR	Value	0.00	100.00	80.00
	Date	June 1, 2018	December 31, 2023	December 31, 2024
	Comment

of which women Value 7.20 4.10 13.00
Date June 1, 2018 June 30, 2023
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Real estate and vehicle registries in the new Information System "Sistema Integrado de Registo de Propriedade - SIRP"	Value	0.00	105535.00	133151.00
	Date	January 1, 2018	March 15, 2024	December 31, 2024
	Comment

Difference between projected and actual public revenues collected Value 20.00 8.60 10.00
Date June 1, 2018 December 31, 2023 December 31, 2024
Comment
Time required for BCSTP to validate banking prudential information for risk-based supervision (from end of quarter) Value 50.00 40.00 35.00
Date June 1, 2018 September 30, 2023 December 31, 2024
Comment
Difference between projected and actual public expenditures Value 20.00 8.70 10.00
Date June 1, 2018 December 31, 2023 December 31, 2024
Comment
Secured Transactions Law and Regulation(s) enacted Value 0.00 1.00 2.00
Date November 30, 2020 December 31, 2023 December 31, 2024
Comment
Real Estate Registries Value 0.00 60608.00 113000.00
Date January 1, 2018 September 30, 2023 December 31, 2024
Comment
Tax Revenue Contributors Registered Value 0.00 1350.00 3000.00
Date June 1, 2018 October 27, 2023 December 31, 2024
Comment
Key BCSTP processes automated Value 0.00 0.00 100.00
Date November 30, 2020 December 31, 2023 June 30, 2025
Comment
Of which are women registered (Percentage) Value 0.00 22.00 35.00
Date January 1, 2018 September 30, 2023 December 31, 2024
Comment
Public procurement practitioners trained in the new framework Value 0.00 45.00 40.00
Date January 1, 2018 September 30, 2023 December 31, 2024
Comment
Vehicle Registries Value 0.00 17090.00 20151.00
Date January 1, 2018 September 30, 2023 December 31, 2024
Comment
Number of new household surveys/census micro-datasets available Value 0.00 3.00 3.00
Date January 1, 2018 December 31, 2023 December 31, 2024
Comment
of which women Value 0.00 0.00 25.00
Date January 1, 2018 June 30, 2023
Comment
Number of participants in short term statistics/demography training for whom scholarships may be awarded Value 0.00 78.00 25.00
Date January 1, 2018 December 31, 2023 December 31, 2024
Comment
Publication of annual SOE Monitoring Report Value 0.00 0.00 1.00
Date January 1, 2018 September 30, 2022 June 30, 2025
Comment
SOEs audited anually by independent institution and reports published Value 0.00 4.00 4.00
Date January 1, 2018 October 31, 2022 December 31, 2024
Comment
of which women participants Value 0.00 0.00 5.00
Date January 1, 2018 June 30, 2023
Comment
Number of certified accountants and auditors trained on new standards Value 0.00 0.00 100.00
Date January 1, 2018 December 31, 2023 December 31, 2024
Comment
For whom a scholarship is awarded Value 0.00 10.00 5.00
Date January 1, 2018 December 31, 2023 December 31, 2024
Comment
For whom a scholarship is awarded (women) Value 0.00 6.00 2.00
Date January 1, 2018 December 31, 2023 December 31, 2024
Comment

Percentage of inquiries addressed in 15 working days from the public feedback mechanism established at the Ministry of Justice for the new property registry system	Value	0.00	73.00	60.00
	Date	January 1, 2021	October 31, 2022	December 31, 2024
	Comment

Population coverage of the Credit Registry	Value	11.90	12.60	25.00
	Date	June 1, 2018	March 31, 2023	June 30, 2025
	Comment

of which women	Value	7.20	4.10	13.00
	Date	June 1, 2018		June 30, 2023
	Comment

Difference between projected and actual public revenues collected	Value	20.00	8.60	10.00
	Date	June 1, 2018	December 31, 2023	December 31, 2024
	Comment

Time required for BCSTP to validate banking prudential information for risk-based supervision (from end of quarter)	Value	50.00	40.00	35.00
	Date	June 1, 2018	September 30, 2023	December 31, 2024
	Comment

Real Estate Registries	Value	0.00	60608.00	113000.00
	Date	January 1, 2018	September 30, 2023	December 31, 2024
	Comment

Tax Revenue Contributors Registered	Value	0.00	1350.00	3000.00
	Date	June 1, 2018	October 27, 2023	December 31, 2024
	Comment

Key BCSTP processes automated	Value	0.00	0.00	100.00
	Date	November 30, 2020	December 31, 2023	June 30, 2025
	Comment

Vehicle Registries	Value	0.00	17090.00	20151.00
	Date	January 1, 2018	September 30, 2023	December 31, 2024
	Comment

of which women participants	Value	0.00	0.00	5.00
	Date	January 1, 2018		June 30, 2023
	Comment

For whom a scholarship is awarded	Value	0.00	10.00	5.00
	Date	January 1, 2018	December 31, 2023	December 31, 2024
	Comment

Sao Tome and Principe: Institutional Capacity Building Project

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

Detailed Financial Activity as of March 31, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INTERMEDIATE RESULTS INDICATORS