1.2 billion young people will reach working age over the next decade

Second Competitiveness and Fiscal Management Programmatic DPF

Abstract*

This program document presents a proposed programmatic Development Policy Financing (DPF) operation to support the Government of Jamaica’s (GOJ’s) policies aimed at (i) improving investment climate and competitiveness and (ii) sustaining fiscal consolidation and enhancing public financial management. This program ahs two pillars: 1) The first pillar of the proposed operation supports policy reforms that are central to the government’s growth agenda... Show More

Development Objective

Project Development Objective (Note: will be disclosed in the MOS) The operation supports policies aimed at (i) improving investment climate and competitiveness and (ii) sustaining fiscal consolidation and enhancing public financial management Board Schedule Comments The operation was submitted to the Board for February 28 approval with a PBG as the financing instrument (as P158637). On February 27 the government asked to change the instrument to a DPL. the program objectives, policy matrix, and results remain the same. The team expects to hold a new ROC in early April, once the government has provided information on IBRD pricing and amortization choices.

Key Details

Project Details

Project ID
P163586
Status
Closed
Team Leader
Philip M. Schuler
Borrower 2
N/A

Country
Jamaica
Disclosure Date
June 8, 2017
Approval Date
(as of board presentation)
June 8, 2017
Effective Date
June 30, 2017

Total Project Cost 1
US$ 70.00 million
Implementing Agency
Ministry of Finance and Public Service
Region
Latin America and Caribbean
Fiscal Year 3
2017

Commitment Amount
US$ 70.00 million
Environmental Category
N/A
Environmental and Social Risk
Not Applicable
Closing Date
June 30, 2018

Last Stage Reached
Bank Approved
Parent Projects
P151448
Last Update Date
August 16, 2023

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 - Economic Policy

FY17 - Fiscal Policy25%
- FY17 - Fiscal sustainability25%
FY17 - Trade25%
- FY17 - Trade Facilitation25%

FY17 - Environment and Natural Resource Management

FY17 - Climate change19%
- FY17 - Adaptation3%
- FY17 - Mitigation16%
FY17 - Energy13%
- FY17 - Energy Efficiency13%
- FY17 - Energy Policies & Reform13%

FY17 - Private Sector Development

FY17 - Enterprise Development13%
- FY17 - Global value chains13%
FY17 - Public Private Partnerships13%

FY17 - Public Sector Management

FY17 - Public Administration25%
- FY17 - Administrative and Civil Service Reform13%
- FY17 - Public Assets and Investment Management13%
FY17 - Public Finance Management13%
- FY17 - Debt Management13%

FY17 - Urban and Rural Development

FY17 - Disaster Risk Management13%
- FY17 - Disaster Risk Reduction13%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	70.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	70.00
IDA Commitment	N/A
IBRD + IDA Commitment	70.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	70.00

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

No data available.

Detailed Financial Activity as of October 31, 2025

No data available.

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 08-19-2019
Outcomes	Moderately Satisfactory
Risk to Development Outcome	High
Bank Performance	Substantial
Borrower Performance	Substantial
Government Performance	Substantial
Implementing Agency	Substantial

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 06-24-2020	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Satisfactory	N/a
Risk To Development Outcome	High	N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance	Satisfactory	N/a
Government Performance	Satisfactory	N/a
Implementing Agency	Not Rated	N/a
Icr Quality	Substantial	N/a
M&e Quality	Substantial	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

100 percent usage of AMANDA system in Local Planning Authorities Value 4.00 14.00 14.00
Date March 31, 2014 October 1, 2015 March 31, 2017
Comment
Improvement in the Logistics Performance Indicator - Customs Aspect Value 2.88 2.88 3.00
Date March 31, 2014 October 1, 2015 March 31, 2017
Comment
PEFA indicator P1-12 dimension iv, measuring linkages between investment budget and forward expenditure estimate Value C C B or better
Date October 1, 2015 March 31, 2017
Comment
Reduction in the percent of electricity generation using petroleum Value 94.00 94.00 75.00
Date March 31, 2014 October 1, 2015 March 31, 2017
Comment
Reduction in the public debt to GDP ratio Value 141.60 135.60 125.00
Date March 31, 2014 March 31, 2015 March 31, 2017
Comment
Share of employee contribution to public sector pension as a percent of annual public sector pension payments Value 1.80 1.80 16.20
Date March 31, 2014 October 1, 2015 March 31, 2017
Comment
Value of virements on compensation and capital expenditures Value 1.9 Billion Jamaican Dollars zero zero
Date March 31, 2014 October 1, 2015 March 31, 2017
Comment

100 percent usage of AMANDA system in Local Planning Authorities	Value	4.00	14.00	14.00
	Date	March 31, 2014	October 1, 2015	March 31, 2017
	Comment

Improvement in the Logistics Performance Indicator - Customs Aspect	Value	2.88	2.88	3.00
	Date	March 31, 2014	October 1, 2015	March 31, 2017
	Comment

PEFA indicator P1-12 dimension iv, measuring linkages between investment budget and forward expenditure estimate	Value	C	C	B or better
	Date		October 1, 2015	March 31, 2017
	Comment

Reduction in the percent of electricity generation using petroleum	Value	94.00	94.00	75.00
	Date	March 31, 2014	October 1, 2015	March 31, 2017
	Comment

Reduction in the public debt to GDP ratio	Value	141.60	135.60	125.00
	Date	March 31, 2014	March 31, 2015	March 31, 2017
	Comment

Share of employee contribution to public sector pension as a percent of annual public sector pension payments	Value	1.80	1.80	16.20
	Date	March 31, 2014	October 1, 2015	March 31, 2017
	Comment

Value of virements on compensation and capital expenditures	Value	1.9 Billion Jamaican Dollars	zero	zero
	Date	March 31, 2014	October 1, 2015	March 31, 2017
	Comment

Second Competitiveness and Fiscal Management Programmatic DPF

Abstract*

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 October 31, 2025

Detailed Financial Activity as of October 31, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INTERMEDIATE RESULTS INDICATORS