Restructuring Status: Archived Restructuring Type: Level two Last modified on date : 11/10/2011 1. Basic Information Project ID & Name P084967: PH Mindanao Rural Dev. Project - Phase 2 Country Philippines Task Team Leader Felizardo Jr K. Virtucio Sector Manager/Director Mark C. Woodward Country Director Chiyo Kanda Original Board Approval Date 03/22/2007 Original Closing Date: 12/31/2012 Current Closing Date 12/31/2012 Proposed Closing Date [if applicable] EA Category B-Partial Assessment Revised EA Category B-Partial Assessment-Partial Assessment EA Completion Date 08/02/2004 Revised EA Completion Date 2. Revised Financing Plan (US$m) Source Original Revised BORR 39.90 39.90 IBRD 83.75 83.75 Total 123.65 123.65 3. Borrower Organization Department Location Government of the Philippines Philippines 4. Implementing Agency Organization Department Location Department of Agriculture - Philippines MRPD2 PSO ii 5. Disbursement Estimates (US$m) Actual amount disbursed as of 11/15/2011 19.88 Fiscal Year Annual Cumulative 2011 21.05 40.93 Total 40.93 6. Policy Exceptions and Safeguard Policies Does the restructured project require any exceptions to Bank policies? N Does the restructured projects trigger any new safeguard policies? If yes, please select N from the checklist below and update ISDS accordingly before submitting the package. 7a. Project Development Objectives/Outcomes Original/Current Project Development Objectives/Outcomes MRDP 2 aims to (i) improve livelihood opportunities of targeted communities and (ii) institutionalize a decentralized system for agriculture and fisheries service delivery that promotes participation, transparency and accountability. 7b. Revised Project Development Objectives/Outcomes [if applicable] iii