1. What We Do

Strengthening Fiscal Stability and Financial Integrity

Abstract*

The development objectives of the Strengthening Fiscal Stability and Financial Integrity Development Policy Financing for West Bank and Gaza are: (i) strengthen commitment control in line ministries and improve overall public procurement practice, (ii) improve sector governance in water and health service provision, and (iii) strengthen the stability and integrity of the financial sector. The development policy grant (DPG) builds upon and complements...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The Development Objectives of the proposed operation are: (i) strengthen commitment control in line ministries and improve overall public procurement practice, (ii) improve sector governance in water and health service provision, and (iii) strengthen the stability and integrity of the financial sector.

Key Details

Project Details

  • P171819

  • Closed

  • Nour Nasser Eddin

  • Palestine Liberation Organization (for benefit of the Palestinian Authority)

  • West Bank and Gaza

  • October 16, 2019

  • (as of board presentation)

    May 8, 2020

  • May 13, 2020

  • US$ 38.33 million

  • N/A

  • August 16, 2023

  • October 31, 2021

  • BANK APPROVED

  • Notes

Sectors

Created with Highstock 5.0.14FY17 - Central Government(Central Agencies)FY17 - Central Government (Central Agencies)

Themes

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Special Financing 30.00
Trust Funds 8.33

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment N/A
IBRD + IDA Commitment N/A
Lending Instrument
Grant Amount 38.33
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Overall Implementation Progress (IP) Moderately Satisfactory 2021-03-17
Program Management Satisfactory 2021-03-17
Progress towards achievement of PDO Moderately Satisfactory 2021-03-17
Monitoring and Evaluation Satisfactory 2021-03-17

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-08-2022
OutcomesModerately Satisfactory
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceNot RatedN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Share of expenditures processed under the new commitment control system.Value0.0071.0070.00
    DateDecember 31, 2018December 31, 2021December 31, 2020
    Comment
  • Certified local medical residencies are established by the Palestine Medical Council in the fields identified by the observatory ofhuman resources as critical gaps including oncology, hematology, patValue0.0019.004.00
    DateDecember 31, 2018December 31, 2021December 31, 2020
    Comment
  • PMA conducting on-site inspections of banks’ AML/CFT internal controls, that systematically incorporate an AML/CFT risk-based approachValuePMA AML/CFT supervision manual does not systematicPMA conducted inspections of 100 percent of banks PMA conducted on-site inspections of 50 percent of
    DateDecember 31, 2018December 31, 2021December 31, 2020
    Comment
  • Share of public entities at the central level that publish their procurement plans, procurement opportunities and contract award notices on the single portal procurement website.Value0.00100.0050.00
    DateDecember 31, 2018December 31, 2021December 31, 2020
    Comment
  • Publication of a performance report for water service providers.ValuePerformance report for 2018 published in 2019 covePerformance report for 2019 published in 2020 covePerformance report for 2019 published in 2020 cove
    DateDecember 31, 2018December 31, 2021December 31, 2020
    Comment
  • Increased minimum capital adequacy requirement for each bank, including capital conservation buffer (on a solo and consolidated levels).ValueMinimum capital adequacy requirement for each bankThe PMA has raised the minimum capital adequacy reEach bank complies with minimum capital adequacy r
    DateDecember 31, 2018December 31, 2021December 31, 2020
    Comment
  • Average collection rate amongst consumers served by the 15 service providers that have signed MoUs with the PWA to install prepaid meters.Value52.0083.0085.00
    DateDecember 31, 2018December 31, 2021December 31, 2020
    Comment
  • Islamic financial instruments reviewed and amended by regulator actions based on CSSA decisions.ValueNo regulations issued based on decisions by the CS2 circulars to amend financial instruments publishAt least two financial instruments amended through
    DateDecember 31, 2018December 31, 2021December 31, 2020
    Comment
  • Share of entities at the local level that publish their procurement plans, procurement opportunities and contract award notices on the single portal procurement website.Value0.0049.0030.00
    DateDecember 31, 2018December 31, 2021December 31, 2020
    Comment
  • Share of public entities at the central level of government using the Standard Bidding Documents in their procurementValue0.0025.0050.00
    DateDecember 31, 2018December 31, 2021December 31, 2020
    Comment
  • Share of public entities at the local level of government using the Standard Bidding Documents in their procurementValue0.0011.0030.00
    DateDecember 31, 2018December 31, 2021December 31, 2020
    Comment
  • Annual number of female owned businesses participating in public bidsValue3.0018.006.00
    DateDecember 31, 2018December 31, 2021December 31, 2020
    Comment