| Financier | Commitments |
|---|---|
| IDA Grant | 35.00 |
GAMBIA FISCAL MANAGEMENT DEVELOPMENT PROJECT
Abstract*
The proposed operation is a five-year grant seeks to improve Government effectiveness in fiscal management for better service delivery. This will be achieved by: (a) enhancing GRA’s compliance management, revenue risk analysis, and enforcement capacity, for broadening the tax base and improving voluntary compliance; (b) introducing electronic Government procurement (e-GP) and leveraging on technology to promote transparency and public accountability... Show More
Development Objective
To improve fiscal management systems as well as oversight capacity for specified public resources
Key Details
Project Details
P166695
Closed
Michael Jelenic , Munkyung Park
THE GAMBIA
December 26, 2018
(as of board presentation)
June 4, 2020
July 28, 2020
US$ 35.00 million
Ministry of Finance and Economic Affairs
2020
US$ 35.00 million
N/A
Moderate
June 30, 2024
No
BANK APPROVED
May 2, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 35.00 |
| IBRD + IDA Commitment | 35.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 35.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Feb 3, 2023 | IDA-D6190 | Loan Disb | 635,979.30 |
| Jan 11, 2024 | IDA-D6190 | Loan Disb | 240,061.45 |
| Dec 13, 2023 | IDA-D6190 | Loan Disb | 277,814.72 |
| Nov 10, 2023 | IDA-D6190 | Loan Disb | 408,940.00 |
| May 19, 2023 | IDA-D6190 | Loan Disb | 410,005.38 |
| May 31, 2023 | IDA-D6190 | Loan Cancel | 13,445,256.00 |
| Aug 22, 2023 | IDA-D6190 | Loan Disb | 137,300.40 |
| Oct 11, 2023 | IDA-D6190 | Loan Disb | 283,263.94 |
| Jul 26, 2023 | IDA-D6190 | Loan Disb | 238,423.02 |
| Jun 21, 2021 | IDA-D6190 | Loan Disb | 427,464.47 |
| Sep 11, 2023 | IDA-D6190 | Loan Disb | 500,000.00 |
| Sep 11, 2023 | IDA-D6190 | Loan Disb | 386,363.94 |
| Jun 9, 2023 | IDA-D6190 | Loan Disb | 427,829.22 |
| Jun 4, 2020 | IDA-D6190 | Loan Commitment | 35,000,000.00 |
| Jun 11, 2024 | IDA-D6190 | Loan Disb | 964,397.40 |
| Apr 17, 2024 | IDA-D6190 | Loan Cancel | 2,027,969.20 |
| Apr 10, 2024 | IDA-D6190 | Loan Disb | 145,365.34 |
| Jul 15, 2024 | IDA-D6190 | Loan Disb | 1,271,835.50 |
| Mar 29, 2024 | IDA-D6190 | Loan Disb | 236,762.05 |
| Oct 19, 2022 | IDA-D6190 | Loan Disb | 349,676.53 |
| Aug 14, 2020 | IDA-D6190 | Loan Disb | 1,500,000.00 |
| Jul 1, 2024 | IDA-D6190 | Loan Disb | 500,000.00 |
| Nov 6, 2023 | IDA-D6190 | Loan Disb | 4,000,000.00 |
| Nov 6, 2020 | IDA-D6190 | Loan Disb | 1,657,496.50 |
| Jun 21, 2022 | IDA-D6190 | Loan Disb | 332,290.20 |
| Jul 1, 2022 | IDA-D6190 | Loan Disb | 250,000.00 |
| May 16, 2022 | IDA-D6190 | Loan Disb | 1,639,873.10 |
| May 23, 2024 | IDA-D6190 | Loan Disb | 407,054.12 |
| Sep 2, 2022 | IDA-D6190 | Loan Disb | 776,078.60 |
| Feb 15, 2023 | IDA-D6190 | Loan Disb | 223,919.77 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Procurement | Satisfactory | 2024-06-27 |
| Financial Management | Satisfactory | 2024-06-27 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2024-06-27 |
| Monitoring and Evaluation | Satisfactory | 2024-06-27 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2024-06-27 |
| Project Management | Moderately Satisfactory | 2024-06-27 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Percentage of on-time tax filing rates Value 0.00 0.00 0.00 Date December 31, 2022 April 1, 2024 June 30, 2024 Comment Performance audit reports of SOE prepared by the National Audit Office and discussed with the Public Enterprises Committee of the National Assembly and published on the website of the MoFEA Value 1.00 3.00 5.00 Date December 31, 2022 April 1, 2024 June 30, 2024 Comment CIT and PIT taxes by large taxpayers Value 89.00 85.30 0.00 Date Comment Percentage of government procurement tenders by value that are single sourced Value 27.00 6.98 22.00 Date December 31, 2022 April 1, 2024 June 30, 2024 Comment VAT by all VAT registrants Value 28.00 48.80 0.00 Date Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Tax Directorate established and tax expenditure policy developed by the Ministry of Finance and Economic Affairs. Value No Yes Yes Date December 31, 2022 April 1, 2024 June 30, 2024 Comment Comprehensive SOE Bill including adequate institutional framework Value Current legal and institutional framework is chara SOE Act Adopted by the National Assembly SOE Act adopted by the National Assembly Date July 31, 2019 October 9, 2023 June 30, 2024 Comment Number of GRA staff trained on Tax Compliance, Risk Management, and Project Management for effective implementation and oversight projects Value 0.00 72.00 58.00 Date December 31, 2022 April 1, 2024 June 30, 2024 Comment Performance contracts signed with the main corporatized State-Owned Enterprises Value 0.00 8.00 2.00 Date July 31, 2019 April 1, 2024 June 30, 2024 Comment Dissemination of e-GP readiness assessment report to public and private stakeholders Value No Yes Yes Date December 31, 2022 April 1, 2024 June 30, 2024 Comment Aggregate annual SOEs report prepared and published by the Directorate of State-Owned Enterprises (MOFEA) on a timely basis Value None Yes Yes Date December 31, 2022 April 1, 2024 June 30, 2024 Comment Certified procurement professionals in the procuring organizations Value 0.00 80.00 50.00 Date December 31, 2022 April 1, 2024 June 30, 2024 Comment Establishment of a centralized and independent regulatory agency (SOE Commission), approved by law to monitor financial and operational performance of the SOEs in its portfolio Value No Yes Yes Date December 31, 2022 April 1, 2024 June 30, 2024 Comment Internal Audit charter and audit manual for SOEs developed and approved by Management Value 0.00 10.00 8.00 Date December 31, 2022 April 1, 2024 June 30, 2024 Comment Certified women procurement professionals in the procuring organizations Value 0.00 46.00 0.00 Date Comment