Guinea First Fiscal Management, Competitiveness, and Energy Reform DPF

Abstract*

The developmeny objectives and pillars of Power Distribution Development Program for Results Project for Guinea are: (i) strengthening fiscal management; (ii) enhancing the institutional and regulatory framework to promote competitiveness; and (iii) improving the financial performance of the energy sector. The operation is the first in a programmatic series of two single-tranche development policy financing (DPFs) designed to support the implementation... Show More

Development Objective

The Program Development Objectives and pillars of the DPF series are: (i) strengthening fiscal management; (ii) enhancing the institutional and regulatory framework to promote competitiveness; and (iii) improving the financial performance of the energy sector.

Key Details

Project Details

Project ID
P166322
Status
Closed
Team Leader
Susana Sanchez , Boulel Toure, Yussuf Uwamahoro
Borrower 2
Ministry of Economy and Finance

Country
Guinea
Disclosure Date
March 22, 2019
Approval Date
(as of board presentation)
November 26, 2019
Effective Date
December 11, 2019

Total Project Cost 1
US$ 40.00 million
Implementing Agency
Ministere de l'Economie et des Finances
Region
Western and Central Africa
Fiscal Year 3
2020

Commitment Amount
US$ 90.00 million
Environmental Category
N/A
Environmental and Social Risk
Not Applicable
Closing Date
December 31, 2020

Last Stage Reached
BANK APPROVED
Last Update Date
March 6, 2024

Associated Projects
P172407

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 - Trade10%
- FY17 - Trade Facilitation10%

FY17 - Environment and Natural Resource Management

FY17 - Climate change20%
- FY17 - Adaptation10%
- FY17 - Mitigation10%
FY17 - Energy30%
- FY17 - Energy Policies & Reform30%

FY17 - Finance

FY17 - Finance for Development10%
- FY17 - Agriculture Finance10%

FY17 - Public Sector Management

FY17 - Public Administration10%
- FY17 - State-owned Enterprise Reform and Privatization10%
FY17 - Public Finance Management20%
- FY17 - Debt Management10%
- FY17 - Domestic Revenue Administration10%
FY17 - Rule of Law10%
- FY17 - Judicial and other Dispute Resolution Mechanisms10%

FY17 - Urban and Rural Development

FY17 - Urban Development10%
- FY17 - Public Transport10%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	90.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	90.00
IBRD + IDA Commitment	90.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	40.00

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

No data available.

Detailed Financial Activity as of July 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
May 27, 2020	IDA-65070	Int Charges	286,129.62
Nov 15, 2023	IDA-65070	Int Charges	133,193.27
Nov 15, 2022	IDA-65070	Int Charges	12,036.62
Nov 15, 2022	IDA-65070	Int Charges	12,036.62
Nov 15, 2022	IDA-65070	Int Charges	196,746.38
Nov 15, 2022	IDA-65070	Int Charges	196,746.38
Nov 15, 2022	IDA-65070	Int Charges	112,192.82
Nov 15, 2022	IDA-65070	Int Charges	112,192.82
Nov 15, 2021	IDA-65070	Int Charges	214,184.66
Nov 15, 2021	IDA-65070	Int Charges	214,184.66
Nov 15, 2021	IDA-65070	Int Charges	134,062.38
Nov 15, 2021	IDA-65070	Int Charges	134,062.38
Nov 15, 2021	IDA-65070	Int Charges	2,479.35
Nov 15, 2021	IDA-65070	Int Charges	2,479.35
May 15, 2022	IDA-65070	Int Charges	197,536.38
May 15, 2022	IDA-65070	Int Charges	197,536.38
May 15, 2022	IDA-65070	Int Charges	5,259.74
May 15, 2022	IDA-65070	Int Charges	5,259.74
May 15, 2022	IDA-65070	Int Charges	127,068.49
May 15, 2022	IDA-65070	Int Charges	127,068.49
May 15, 2021	IDA-65070	Int Charges	354,078.80
May 15, 2021	IDA-65070	Int Charges	354,078.80
Nov 15, 2020	IDA-65070	Int Charges	2,342.25
Nov 15, 2020	IDA-65070	Int Charges	2,342.25
Nov 15, 2020	IDA-65070	Int Charges	348,807.40
Nov 15, 2020	IDA-65070	Int Charges	348,807.40
May 15, 2021	IDA-65070	Int Charges	798.71
May 15, 2021	IDA-65070	Int Charges	798.71
Dec 13, 2019	IDA-65070	Loan Disb	91,488,352.00
May 24, 2024	IDA-65070	Int Charges	328,027.88
May 24, 2024	IDA-65070	Int Charges	328,027.88
May 24, 2024	IDA-65070	Int Charges	1,903.98
May 24, 2024	IDA-65070	Int Charges	1,903.98
Nov 26, 2019	IDA-65070	Loan Commitment	90,000,000.00
Nov 15, 2023	IDA-65070	Int Charges	28,044.26
Nov 15, 2023	IDA-65070	Int Charges	28,044.26
May 15, 2023	IDA-65070	Int Charges	5,325.49
May 15, 2023	IDA-65070	Int Charges	5,325.49
May 15, 2023	IDA-65070	Int Charges	329,935.80
May 15, 2023	IDA-65070	Int Charges	329,935.80
May 15, 2023	IDA-65070	Int Charges	0.62
May 15, 2023	IDA-65070	Int Charges	0.62
Nov 15, 2023	IDA-65070	Int Charges	165,623.19
Nov 15, 2023	IDA-65070	Int Charges	165,623.19
Nov 15, 2023	IDA-65070	Int Charges	2,841.11
Nov 15, 2023	IDA-65070	Int Charges	2,841.11
Nov 15, 2023	IDA-65070	Int Charges	133,193.27
May 27, 2020	IDA-65070	Int Charges	286,129.62

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Progress towards achievement of PDO	Moderately Satisfactory	2020-12-23
Monitoring and Evaluation	Moderately Satisfactory	2020-12-23
Program Management	Moderately Satisfactory	2020-12-23
Overall Implementation Progress (IP)	Moderately Satisfactory	2020-12-23

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 12-22-2022
Outcomes	Moderately Unsatisfactory
Risk to Development Outcome
Bank Performance	Moderately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 07-10-2023	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Unsatisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance		N/a
Government Performance		N/a
Implementing Agency		N/a
Icr Quality	High	N/a
M&e Quality		N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Percentage of active SOEs with published financial information available on internet Value 0.00 0.00 100.00
Date December 31, 2018 December 31, 2021 December 31, 2021
Comment

Number of smallholders (less than 5 hectares) receiving agricultural input subsidies through the e-voucher system	Value	2900.00	15675.00	20000.00
	Date	December 31, 2018	December 31, 2021	December 31, 2021
	Comment

Integrated Management System to support the board of directors and management Value No Yes Yes
Date December 31, 2018 March 31, 2022 December 31, 2021
Comment
Excise tax revenue collected (% of GDP) Value 0.09 0.13 0.34
Date December 31, 2018 December 31, 2021 December 31, 2021
Comment
Roads maintained per year (km) Value 313.00 257.00 450.00
Date December 31, 2018 December 31, 2021 December 31, 2021
Comment
Electricity subsidies per kWh invoiced in the year (USD/kWh) Value 0.12 0.09 0.17
Date December 31, 2018 December 31, 2021 December 31, 2021
Comment

Annual report to the Parliament detailing (i) progress towards MTDS targets and (ii) consistency of the debt operations with ABP (annual borrowing plan) and purposes of borrowing	Value	No	Yes	Yes
	Date	December 31, 2018	December 31, 2021	December 31, 2021
	Comment

Time to settle commercial dispute (days) Value 311.00 98.30 180.00
Date December 31, 2018 June 30, 2021 December 31, 2021
Comment
Public Sector Collection Rates for Electricity (%) Value 53.00 46.00 90.00
Date December 31, 2018 December 31, 2021 December 31, 2021
Comment
Time to import – documentary compliance (hours) Value 156.00 26.00 90.00
Date December 31, 2018 December 31, 2021 December 31, 2021
Comment
Time to deal with construction permits (days) Value 40.00 7.00 12.00
Date December 31, 2018 May 31, 2022 December 31, 2021
Comment
Average rate of closed settlements (yearly) Value 64.00 89.00 0.00
Date
Comment

Percentage of active SOEs with published financial information available on internet	Value	0.00	0.00	100.00
	Date	December 31, 2018	December 31, 2021	December 31, 2021
	Comment

Excise tax revenue collected (% of GDP)	Value	0.09	0.13	0.34
	Date	December 31, 2018	December 31, 2021	December 31, 2021
	Comment

Roads maintained per year (km)	Value	313.00	257.00	450.00
	Date	December 31, 2018	December 31, 2021	December 31, 2021
	Comment

Electricity subsidies per kWh invoiced in the year (USD/kWh)	Value	0.12	0.09	0.17
	Date	December 31, 2018	December 31, 2021	December 31, 2021
	Comment

Time to settle commercial dispute (days)	Value	311.00	98.30	180.00
	Date	December 31, 2018	June 30, 2021	December 31, 2021
	Comment

Public Sector Collection Rates for Electricity (%)	Value	53.00	46.00	90.00
	Date	December 31, 2018	December 31, 2021	December 31, 2021
	Comment

Time to import – documentary compliance (hours)	Value	156.00	26.00	90.00
	Date	December 31, 2018	December 31, 2021	December 31, 2021
	Comment

Average rate of closed settlements (yearly)	Value	64.00	89.00	0.00
	Date
	Comment