| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 304.00 |
| Borrowing Agency | 250.00 |
Punjab Resource Improvement and Digital Effectiveness
Abstract*
The objective of the Punjab Resource Improvement and Digital Effectiveness Program for Pakistan is to increase own source revenue, and improve reliability of resource allocation and access to digital services for people and firms in the province of Punjab. The project supports the Public Financial Management Reforms Strategy and public finance management and governance pillars (pillars D and E) of RISE Punjab, which are the subsets of Punjab Growth... Show More
Development Objective
To increase own source revenue, and improve reliability of resource allocation and access to digital services for people and firms in the province of Punjab.
Key Details
Project Details
P171417
Active
Akmal Minallah , Derek Chen, Irum Touqeer
Islamic Republic of Pakistan
February 26, 2020
(as of board presentation)
October 22, 2020
December 17, 2020
US$ 554.00 million
Finance Department, Government of Punjab
2021
US$ 304.00 million
N/A
Low
August 25, 2025
TBD
BANK APPROVED
April 2, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 304.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 304.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 554.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Apr 15, 2022 | IBRD-91700 | Int Charges | 330,553.34 |
| Apr 15, 2022 | IBRD-91700 | Int Charges | 203,718.58 |
| Jun 15, 2023 | IBRD-91700 | Loan Disb | 30,000,000.00 |
| Oct 22, 2020 | IBRD-91700 | Loan Commitment | 304,000,000.00 |
| Jun 21, 2023 | IBRD-91700 | Loan Disb | 15,000,000.00 |
| Dec 23, 2021 | IBRD-91700 | Loan Disb | 10,000,000.00 |
| Aug 30, 2022 | IBRD-91700 | Loan Disb | 10,000,000.00 |
| Mar 2, 2022 | IBRD-91700 | Loan Disb | 681,686.00 |
| Feb 23, 2022 | IBRD-91700 | Loan Disb | 566,653.00 |
| Jul 28, 2022 | IBRD-91700 | Loan Disb | 1,207,828.00 |
| Jul 28, 2022 | IBRD-91700 | Loan Disb | 2,300,000.00 |
| Jun 27, 2022 | IBRD-91700 | Loan Disb | 10,000,000.00 |
| Jun 21, 2022 | IBRD-91700 | Loan Disb | 12,500,000.00 |
| Jun 9, 2023 | IBRD-91700 | Loan Disb | 5,000,000.00 |
| Jun 9, 2023 | IBRD-91700 | Loan Disb | 5,000,000.00 |
| Jun 20, 2023 | IBRD-91700 | Loan Disb | 2,500,000.00 |
| Jul 31, 2023 | IBRD-91700 | Loan Disb | 850,000.00 |
| Jul 28, 2023 | IBRD-91700 | Loan Disb | 371,982.00 |
| Apr 15, 2023 | IBRD-91700 | Int Charges | 139,342.98 |
| Apr 15, 2023 | IBRD-91700 | Int Charges | 219,103.12 |
| Apr 15, 2023 | IBRD-91700 | Int Charges | 3,184,080.20 |
| Apr 15, 2023 | IBRD-91700 | Int Charges | 3,150.68 |
| Feb 27, 2023 | IBRD-91700 | Loan Disb | 20,000,000.00 |
| Apr 15, 2024 | IBRD-91700 | Int Charges | 67,052.75 |
| Apr 15, 2024 | IBRD-91700 | Int Charges | 114,644.97 |
| Apr 15, 2024 | IBRD-91700 | Int Charges | 7,227,966.50 |
| Jun 14, 2024 | IBRD-91700 | Loan Disb | 179,597.00 |
| Oct 17, 2023 | IBRD-91700 | Int Charges | 1,472,623.20 |
| Oct 20, 2023 | IBRD-91700 | Int Charges | 208,185.05 |
| Oct 20, 2023 | IBRD-91700 | Int Charges | 147,113.40 |
| Oct 20, 2023 | IBRD-91700 | Int Charges | 4,397,967.00 |
| Oct 15, 2023 | IBRD-91700 | Int Charges | 6,438.37 |
| Nov 29, 2023 | IBRD-91700 | Loan Disb | 7,500,000.00 |
| Jun 20, 2024 | IBRD-91700 | Loan Disb | 86,657.00 |
| Jun 12, 2024 | IBRD-91700 | Loan Disb | 19,000,000.00 |
| Jun 20, 2024 | IBRD-91700 | Loan Disb | 6,000,000.00 |
| Apr 1, 2022 | IBRD-91700 | Loan Disb | 20,000,000.00 |
| Oct 15, 2021 | IBRD-91700 | Int Charges | 342,485.78 |
| Oct 15, 2021 | IBRD-91700 | Int Charges | 179,817.83 |
| Oct 15, 2021 | IBRD-91700 | Int Charges | 11,712.34 |
| Oct 15, 2021 | IBRD-91700 | Int Charges | 42,912.66 |
| Apr 15, 2021 | IBRD-91700 | Int Charges | 112,906.85 |
| Apr 15, 2021 | IBRD-91700 | Int Charges | 2,889.06 |
| Dec 17, 2020 | IBRD-91700 | Loan Disb | 760,000.00 |
| Dec 17, 2020 | IBRD-91700 | Fee Charges | 760,000.00 |
| Feb 17, 2021 | IBRD-91700 | Loan Disb | 30,000,000.00 |
| Oct 15, 2022 | IBRD-91700 | Int Charges | 7,939.77 |
| Oct 15, 2022 | IBRD-91700 | Int Charges | 280,803.80 |
| Oct 15, 2022 | IBRD-91700 | Int Charges | 1,180,729.00 |
| Nov 14, 2022 | IBRD-91700 | Loan Disb | 30,000,000.00 |
| Oct 15, 2022 | IBRD-91700 | Int Charges | 2,321.18 |
Ratings
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Variance between original budget and actual expenditure composition Value Average of three years variance is 18%. (2015-18). The average variance of the previous three years Average of three years variance (FY22 – FY24) is < Date June 30, 2020 February 29, 2024 July 15, 2025 Comment Value of own-source tax revenue Value PKRs 191 billion (FY20, RE) PKRs 215 billion (July 23 - Feb 24) Own-source tax collection of Rs.300 billion. Date June 30, 2020 June 30, 2023 June 30, 2025 Comment Citizens accessing government services through digital platforms, of which 20% are female Value 500,000, of which 9% female 6.240,895 of which 19.65% are female 1,800,000, of which 20% female Date June 30, 2020 February 29, 2024 June 30, 2025 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Moderate and reduce the annual pension cost of GoPb Value In FY19 (30th June), Punjab civil service pension One parametric reform implemented At least six (cumulative) key parameters implement Date June 30, 2020 February 29, 2024 June 30, 2025 Comment Operational budget expenditure processed through e-procurement Value e-procurement system does not exist. Role out to five entities started Five procuring agencies processes cumulative 30% o Date June 30, 2020 February 29, 2024 June 30, 2025 Comment Increase in number of registered services sales taxpayers Value 82285.00 128464.00 145000.00 Date June 30, 2020 February 29, 2024 June 30, 2025 Comment Enhance transparency of commodity debt stock by detailed reporting and gradual reduction in flow of commodity debt by GoPb Value In FY20 (30th June), no policy guidelines on contr PKRs 395 billion of Commodity Debt retired Semi-annual publication of (a) commodity debt stoc Date June 30, 2020 February 29, 2024 June 30, 2025 Comment Additional services provided to citizens and firms online, through a single identity platform Value 10 services are provided to citizens online 20 services are provided to citizens online 50 Services provided to citizens and firms online Date June 30, 2020 February 29, 2024 June 30, 2025 Comment Increase in registered taxpayers who filed STS returns in previous year Value 23947.00 53500.00 77500.00 Date June 30, 2020 February 29, 2024 July 31, 2025 Comment Districts achieving minimum standards for Disaster Risk Reduction Value GoPb does not have Disaster Risk Financing Strateg Disaster Risk Financing Strategy is not notified 70% Date June 30, 2020 February 29, 2024 June 30, 2025 Comment Citizen satisfaction with online services Value 50.00 50.00 75.00 Date June 30, 2020 February 29, 2024 June 30, 2025 Comment Database integration in tax administration Value No linkages among Punjab tax authorities’ database Finance Department confirmed readiness of BoR and Punjab tax authorities have access to shared data Date May 29, 2020 February 29, 2024 July 31, 2025 Comment Strengthened cash management function of Government of Punjab Value GoPb does not have cash management policy. Cash Management Policy and accounting framework ar Cash forecasting reports published on quarterly ba Date June 30, 2020 February 29, 2024 June 30, 2025 Comment Number of Punjab Urban Local Areas reporting on revenues and expenditure position Value 16.00 220.00 169.00 Date June 30, 2020 February 29, 2024 June 30, 2025 Comment Key business processes for tax administration simplified and automated Value Selected BPs automated in few tax authorities (e-p Plan for BPR and feedback system for tax administr BP's of taxpayer registration, payment, arrears mo Date June 30, 2020 February 29, 2024 July 31, 2025 Comment Enhanced capacity for revenue generation from real estate Value Substantial difference between official and market Review of legal framework and procedures for valua Complete properties’ market valuation studies for Date June 30, 2020 February 29, 2024 June 30, 2025 Comment