91271 ARTF Administrator’s Report on Financial Status as of January 19, 2009 (end of Jadi – 10th month of SY1387) 1. Donor contributions for SY1387 Total donor pledges for SY1387 amount to US$689 million, of which US$349 million (51%) were without preference and US$340 million (49%) were with preferences. Table 1 reflects, as of January 19, 2009, the paid-in donor contributions (amounting to US$572 million – 83% of the total pledges). Table 1: ARTF Contributions for SY1387, as of January 19, 2009 (in US$ million) Total of which % of % of Main Contributions/ without total paid-in total Donors Pledges Preference Pledges paid-in United Kingdom 162.786 105.192 24% 156.942 27% United States 161.000 57.000 23% 159.500 28% Germany 73.818 34.861 11% 47.444 8% Netherlands 39.463 39.463 6% 39.463 7% Italy 34.073 19.283 5% 34.073 6% Spain 32.968 16.484 5% 0.000 - Norway 31.470 22.311 5% 31.470 6% Australia 31.439 4.764 5% 31.439 5% Canada 31.383 6.662 5% 22.068 4% EC/EU 27.627 0.000 4% 0.000 - Denmark 20.837 14.436 3% 17.067 3% Sweden 19.906 13.111 3% 18.354 3% Others 21.912 15.636 3% 13.992 2% Total 688.679 349.202 100% 571.811 100% 2. Projected Consolidated ARTF Sources and Uses of Funds for SY1387 Table 2 presents sources and uses of funds for SY1387 on a consolidated basis. The sources of funds are net donor contributions (contributions less IDA fees plus investment income) plus the cash balance carried over. Uses of funds comprise: (a) disbursements to the recurrent budget, set at US$316 million for SY1387; (b) disbursements under the ARTF investment financing, estimated at US$300 million for the year; and (c) fees for the Monitoring Agent of about US$4.06 million 1 . 1 Fees for 1387 include the balance of current contract $3.26 million which expired on September 30, 2008 plus the 10% advance on the new two year contract estimated at $8 million ($3.26+$.80=$4.06). 1 Financials as of January 19, 2009 As of January 19, 2009 the cash balance of ARTF stood at US$538.2 million comprising: (a) a US$5.2 million cash balance in the Recurrent Cost Trust Fund (excluding the US$50 million in the Designated Account); (b) combined undisbursed balance of the ARTF active investment portfolio of US$216 million; and (c) US$6.8 million reserved for the Monitoring Agent, leaving an unallocated cash balance of US$260 million. Table 2: ARTF Consolidated Sources and Uses of Funds (US$ million, January 19, 2009) Table 2 - ARTF Consolidated Sources & Uses of Funds US$ Mil. Report Date : January 19, 2009 SY 1381 SY 1382 SY 1383 SY 1384 SY 1385 SY 1386 SY 1387 SY 1387 Total Total Total Total Total Total Total Total , Actual Actual Actual Actual Actual Actual Actual Forecast ² 3 SOURCES OF FUNDS (A+B) A. Net Donors Contributions (A1-A2) 184.240 284.382 378.774 404.094 459.996 654.246 578.293 703.679 A.1. Donors Contributions 184.768 286.461 380.368 404.050 453.921 634.803 571.811 688.679 A.2. IDA fees minus Investment Income 0.527 2.079 1.594 -0.044 -6.076 -19.443 -6.482 -15.000 B. Cash Carried-Overr (=D previous year) 119.524 155.966 238.070 302.789 293.893 426.679 426.679 USES OF FUNDS (C+D) C. Disbursements (C1+C2+C3+C4) ¹ 64.717 247.940 296.670 339.375 468.892 521.461 466.744 620.060 C.1 Recurrent window - Disbursed by DAB 59.212 214.144 235.155 253.248 300.213 290.550 272.249 316.000 Wages 40.953 145.769 179.321 174.213 216.199 203.000 241.791 O&M 13.655 51.164 55.277 79.035 84.015 87.549 30.458 Other 4.604 17.210 0.557 0.000 0.000 0.000 0.000 C.2. Investment window 0.000 15.589 58.873 83.969 166.145 226.113 192.103 300.000 C.3. Pass-through to LOTFA (UNDP Police) 4.836 16.800 0.000 0.000 0.000 0.000 0.000 0.000 C.4. Fees to monitoring agent 0.668 1.407 2.641 2.158 2.534 4.798 2.392 4.060 D. Cash Balance (end-of-period) (A+B-C=D1+D2) 119.524 155.966 238.070 302.789 293.893 426.679 538.228 510.298 D.1. Committed Cash Balance: 97.120 109.913 161.684 280.849 228.244 306.926 278.320 444.737 to recurrent window special account 51.500 50.603 50.000 50.000 50.000 50.000 50.000 50.000 to recurrent window Trust Fund 44.288 26.042 49.489 76.242 75.029 70.479 5.230 70.000 undisbursed investment window balanc 0.000 32.566 61.822 151.753 95.895 180.424 216.320 322.774 to Monitoring Agent 1.332 0.702 0.372 2.854 7.321 6.023 6.769 1.963 D.2. Unallocated Cash Balance 22.404 46.053 76.386 21.940 65.649 119.753 259.908 65.561 (1) Advance disbursements reported following standard World Bank practice. (2) Assumes all pledges collected, and estimates of future allocations and disbursements are met. (3) SY1387 forecasted balance (previous balance + new commitments - disbursements) is based on projected contributions, commitments and disbursements. (4) Unallocated cash balance refers to funds in the ARTF parent account that the MC has not formally committed. During the Solar Year they will be committed in line with priorities for ARTF funds as set out in the Afghan National development budget. Table 2 makes tentative projections for SY1387. These will be adjusted as the year proceeds. Key assumptions include the total donor contributions for the year of US$688.7 million, total disbursements of US$620.1 million leaving a closing balance of US$66 million. 2 3. Recurrent Cost Financing requirements In SY1387, a total cash amount of US$276 million will be assigned to the Government (via the Recurrent Cost Trust Fund account) to finance the recurrent cost. Given the opening cash carried forward from SY1386 to SY1387 was US$ 70 million, the amount of cash to be transferred totals US$ 276 million whereas cash disbursements during SY1387 are projected to be US$ 276 million. At the December 17 ARTF Donor Meeting an ‘in-principle’ agreement was made with regards the use of ARTF resources to finance the shortfall in the SY1387 operating budget caused by the implementation of a salary increase for teachers. The Management Committee has agreed (MC meeting January 21, 2009) an exceptional additional allocation of US 40 million. The Recurrent Cost Window ceiling for SY1387 is therefore raised from US$ 276 million to US$ 316 million – as noted in Table 3 below. Quarterly transfers of US$ 69 million each are projected, the exact timing of which may be at the beginning of the quarter or mid-quarter, depending on a timing which best suits the Government. Making transfers in line with the transfer schedule will also ensure that at the end of the Solar Year the Recurrent Cost Trust Fund account balance will be equal to the agreed buffer of US$70 million. The estimate of funding allocations to the recurrent cost financing for a specific quarter is determined by comparing the balance of the Recurrent Cost financing trust fund 2 to the estimated disbursement requirement for the quarter in question, plus a reserve equal to the next quarter disbursement requirements. For SY1387, the forecast for the full year appears below. The quarter by quarter transfer depends on the planned pattern of presentation of expenses, which the Government will determine. Table 3: Recurrent Cost Financing Requirement for SY1387 (in US$ million) SY1386 SY1387 SY1387 SY1387 SY1387 SY1387 March 22, 2007 Mar 20, 2008 – Jun 21, 2008 – Sep 22, 2008 – Dec 21, 2008 – Mar 21, 2008 – – Mar 19, 2008 Jun 20, 2008 Sep 21, 2008 Dec 20, 2008 Mar 20, 2009 Mar 20, 2009 Opening Balance 75* 70 70 16 25 70* Disbursements (291)** - 123 60 133 (316) Transfers 286 - 69 69 178~ 316 Closing Balance 70* 70 16 25 70 70* *These balances do not include Special Account (working capital) balance of US$50 million. **Includes disbursement of US$ 14.55 million made for SY1385 expenses. Carry forward of reimbursement of prior budget year’s eligible expenses has not occurred in SY1386 and will not occur in future years because allocation should be exhausted by the end of the Solar Year. ~US$178 million includes US$138 million to be allocated for the third and the fourth quarter of SY1387, as well as the US$40 million exceptional allocation agreed by the MC on January 21, 2009. 2 This excludes an advance of US$50 million for working capital which must be maintained at all time. 3 Table 4 - SY1387 Investment Plan by ANDS Sector January 19, 2009 SY 1387 ANDS Pillars and ARTF Investment Window Projects Undisbursed ARTF New MC Balance Budgeted Projected Project balance Allocations (1) available for Disbursements (2) End balance as of SY1386 (a) SY1387 (b) SY1387 (a+b) SY1387 (c) SY1387 (a+b-c) I. SECURITY ARTF DOES NOT FINANCE ANY PROJECT UNDER PILLAR I II. GOVERNANCE, RULE OF LAW & HUMAN RIGHTS 0.000 27.750 27.750 15.000 12.750 Justice TF092160 - Justice Sector Reform Project 0.000 27.750 27.750 15.000 12.750 III. ECONOMIC AND SOCIAL DEVELOPMENT 179.424 420.100 599.524 390.480 209.044 Private sector development TF052452 - Microfinance for Poverty Reduction 0.559 64.000 64.559 50.000 14.559 TF000001 - Private Sector Development 0.000 3.000 3.000 3.000 Energy TF091120 - Kabul-Aybak/Mazar-e-Sharif Power Project 57.000 0.000 57.000 26.000 31.000 TF054718 - Rehabilitation of Naghlu Hydropower Plant 19.768 0.000 19.768 19.768 TF052541 - Kabul Power Supply 0.595 0.000 0.595 0.595 TF000002 - Power Substation and Distribution Project 0.000 50.000 50.000 15.000 35.000 Water And Irrigation TF000005 - Water Resources Development Technical Assistance 0.000 5.500 5.500 0.080 5.420 Project Agriculture and Rural Development TF090205 - National Solidarity Program 35.175 178.000 213.175 178.000 35.175 TF050973 - National Emergency Employment Program 0.881 25.000 25.881 25.900 -0.019 TF091885 - Horticulture and Livestock Program 0.000 20.000 20.000 20.000 TF055447 - Rural Water Supply and Sanitation 3.777 5.000 8.777 3.900 4.877 TF000003 - Afghanistan Rural Enterprise Development Program 0.000 0.000 0.000 19.800 -19.800 Transport TF000003 - Kabul Urban Roads Improvement Project 0.000 18.000 18.000 18.000 Urban development TF054729 - Urban Water Supply and Sanitation 22.390 0.000 22.390 21.800 0.590 TF092073 - Kabul Urban Reconstruction Program 0.000 5.600 5.600 1.000 4.600 Education TF054730 - Education - EQUIP 24.998 27.000 51.998 40.000 11.998 TF092544 - Strengthening Higher Education Program 0.000 10.000 10.000 9.000 1.000 TF000004 - Skills Development Project 0.000 9.000 9.000 9.000 Capacity development TF090077 - Management Capacity Program 10.000 0.000 10.000 10.000 TF053940 - Civil Service Capacity Building 1.395 0.000 1.395 1.395 TF050970 - Technical Assistance Feasibility Studies 2.886 0.000 2.886 2.886 Total 179.424 447.850 627.274 405.480 221.794 1) SY1387 estimated allocations are on a commitment basis. This column needs to be agreed with the government and the Management Committee. 2) SY1387 Budget figures are taken from the approved budget. These figures are on a cash disbursement basis and will be updated with roll-over from previous years. 3) Projects in italics are proposed. 4) Allocations for Skills Development Project, Power Substation and Distribution Project, Kabul Urban Roads Improvement project, National Solidarity Program and Water Resources Development TA Project were already approved by the MC. However, since audit report for ARTF projects are not yet received by the Bank, these projects were pending for the Bank's waiver to sign legal agreements. Since the waiver was approved in December these will be signed shortly. 5) For Water Resources Development TA Project, budget allotment requested at MYR 1387 was $80,000. To be confirmed. 4 Table 5 - Actual and Expected Donor Contributions Paid-In, Committed, Pledged (US$ Million) 19-Jan-2009 SY 1387 SY 1381 SY 1381- SY 1381- SY 1381- SY 1381- SY 1381 SY 1382 SY 1383 SY 1384 SY 1385 SY 1386 SY 1387 87 87 87 87 % of % of Donor Total Total Total Total Total Total Total Signed Un-signed Total % of Total Total Total Total Paid-in Paid-in Paid-in Paid-in Paid-in Paid-in Paid-in Pledges Pledges SY 1387 SY 1387 Total Paid-in Paid-in Australia 0.000 2.635 6.268 7.654 5.836 2.089 31.439 0.000 0.000 31.439 4.6% 55.921 1.8% 55.921 1.9% Bahrain 0.000 0.504 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.0% 0.504 0.0% 0.504 0.0% Belgium 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 2.637 2.637 0.4% 2.637 0.1% 0.000 0.0% Canada 11.998 50.093 5.491 72.343 58.863 213.461 22.068 0.000 9.315 31.383 4.6% 443.631 14.6% 434.317 14.9% Denmark 5.000 5.000 3.163 3.916 4.343 8.426 17.067 3.769 0.000 20.837 3.0% 50.685 1.7% 46.916 1.6% EC/EU 15.871 52.720 47.595 58.771 52.720 73.615 0.000 11.552 16.075 27.627 4.0% 328.919 10.8% 301.292 10.3% Finland 2.792 2.451 5.946 0.000 2.418 5.404 7.915 0.000 0.000 7.915 1.1% 26.926 0.9% 26.926 0.9% France 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 5.275 5.275 0.8% 5.275 0.2% 0.000 0.0% Germany 10.068 11.443 15.941 1.230 20.474 55.992 47.444 0.000 26.374 73.818 10.7% 188.966 6.2% 162.592 5.6% India 0.200 0.200 0.000 0.400 0.200 0.200 0.193 0.007 0.000 0.200 0.0% 1.400 0.0% 1.393 0.0% Iran, Islamic Repu 0.000 0.989 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.0% 0.989 0.0% 0.989 0.0% Ireland 1.000 1.699 1.814 0.612 1.276 1.458 1.576 0.000 0.000 1.576 0.2% 9.434 0.3% 9.434 0.3% Italy 17.000 0.000 6.539 0.000 9.223 8.804 34.073 0.000 0.000 34.073 4.9% 75.638 2.5% 75.638 2.6% Japan 5.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.0% 5.000 0.2% 5.000 0.2% Korea, Republic o 2.000 2.000 2.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.0% 6.000 0.2% 6.000 0.2% Kuwait 5.000 5.000 5.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.0% 15.000 0.5% 15.000 0.5% Luxembourg 1.000 0.000 0.000 0.605 1.563 1.070 1.138 0.000 0.000 1.138 0.2% 5.377 0.2% 5.377 0.2% Netherlands 33.667 41.151 46.415 29.664 50.805 39.765 39.463 0.000 0.000 39.463 5.7% 280.930 9.3% 280.930 9.6% New Zealand 0.000 0.000 0.000 0.000 0.628 0.000 0.000 0.000 0.000 0.000 0.0% 0.628 0.0% 0.628 0.0% Norway 6.818 29.630 9.913 22.544 23.215 30.980 31.470 0.000 0.000 31.470 4.6% 154.571 5.1% 154.571 5.3% Poland 0.000 0.000 0.000 0.000 0.290 0.270 1.171 0.000 0.000 1.171 0.2% 1.730 0.1% 1.730 0.1% Portugal 0.000 0.457 0.725 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.0% 1.182 0.0% 1.182 0.0% Russian Federatio 0.000 0.000 0.000 0.000 0.000 0.000 2.000 0.000 0.000 2.000 0.3% 2.000 0.1% 2.000 0.1% Saudi Arabia 10.000 5.000 5.000 0.000 5.000 0.000 0.000 0.000 0.000 0.000 0.0% 25.000 0.8% 25.000 0.9% Spain 0.000 0.000 0.000 0.000 0.000 22.038 0.000 0.000 32.968 32.968 4.8% 55.006 1.8% 22.038 0.8% Sweden 3.103 5.982 25.905 12.839 14.680 20.178 18.354 1.553 0.000 19.906 2.9% 102.593 3.4% 101.040 3.5% Switzerland 0.673 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.0% 0.673 0.0% 0.673 0.0% Turkey 0.500 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.0% 0.500 0.0% 0.500 0.0% UNDP 0.000 2.411 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.0% 2.411 0.1% 2.411 0.1% United Kingdom 15.079 47.096 103.062 131.473 128.487 151.052 156.942 -1.432 7.276 162.786 23.6% 739.034 24.4% 733.190 25.1% United States 38.000 20.000 89.591 62.000 73.900 0.000 159.500 0.000 1.500 161.000 23.4% 444.491 14.7% 442.991 15.2% TOTAL 184.768 286.461 380.368 404.050 453.921 634.803 571.811 15.449 101.419 688.679 100.0% 3033.050 100.0% 2916.181 100.0% 5 Table 6 - Expressed Donor Preferences By Projects Paid-In, Committed, Pledged January 19, 2009 SY 1381 (US$ Million) SY 1382 SY 1383 SY 1384 SY 1385 SY 1386 SY 1387 Total SY 1381-87 Donor Curr Program Paid-in Paid-in Paid-in Paid-in Paid-in Pledged Paid-in Total Expressed Of which US$ US$ US$ US$ US$ Own Curr. US$ Est. Own Curr. US$ SY 1387 Preference Paid-in Norway NOK Civil Service Capacity Building 0.000 2.918 3.102 0.000 0.000 0.000 0.000 0.000 0.000 0.000 6.020 6.020 United States USD Civil Service Capacity Building 0.000 4.300 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 4.300 4.300 Total Civil Service Capacity Building 0.000 7.218 3.102 0.000 0.000 0.000 0.000 0.000 10.320 10.320 Australia AUD Education - EQUIP 0.000 0.000 0.000 0.000 0.000 0.000 0.000 8.000 7.622 7.622 7.622 7.622 Canada CAD Education - EQUIP 0.000 0.000 0.000 0.000 29.797 11.500 9.315 0.000 0.000 9.315 39.112 29.797 Germany EUR Education - EQUIP 0.000 0.000 0.000 0.000 0.000 0.000 0.000 10.000 15.716 15.716 15.716 15.716 Netherlands USD Education - EQUIP 0.000 0.000 0.000 0.000 4.000 0.000 0.000 0.000 0.000 0.000 4.000 4.000 Norway NOK Education - EQUIP 0.000 4.607 0.000 0.000 5.130 0.000 0.000 0.000 0.000 0.000 9.738 9.738 Spain EUR Education - EQUIP 0.000 0.000 0.000 0.000 0.000 2.500 3.297 0.000 0.000 3.297 3.297 0.000 United States USD Education - EQUIP 0.000 0.000 0.000 0.000 0.000 0.000 0.000 12.000 12.000 12.000 12.000 12.000 Total Education - EQUIP 0.000 4.607 0.000 0.000 38.928 12.612 35.338 47.949 91.484 78.873 Sweden SEK Emergency Transport Rehabilitation Project 0.000 0.000 0.000 0.000 0.767 8.000 0.955 0.000 0.000 0.955 1.722 0.767 Total Emergency Transport Rehabilitation Project 0.000 0.000 0.000 0.000 0.767 0.955 0.000 0.955 1.722 0.767 Canada CAD Horticulture and Livestock Program 0.000 0.000 0.000 0.000 3.531 0.000 0.000 0.000 0.000 0.000 3.531 3.531 United Kingdom GBP Horticulture and Livestock Program 0.000 0.000 0.000 0.000 1.977 3.000 4.383 0.000 0.000 4.383 6.360 1.977 Total Horticulture and Livestock Program 0.000 0.000 0.000 0.000 5.508 4.383 0.000 4.383 9.891 5.508 EC/EU EUR Justice Sector Reform Project 0.000 0.000 0.000 0.000 0.000 10.000 13.187 0.000 0.000 13.187 13.187 0.000 Italy EUR Justice Sector Reform Project 0.000 0.000 0.000 0.000 0.000 0.000 0.000 10.000 14.790 14.790 14.790 14.790 Norway NOK Justice Sector Reform Project 0.000 0.000 0.000 0.000 0.000 0.000 0.000 15.000 2.098 2.098 2.098 2.098 United Kingdom GBP Justice Sector Reform Project 0.000 0.000 0.000 0.000 0.000 0.000 0.000 2.500 4.904 4.904 4.904 4.904 United States USD Justice Sector Reform Project 0.000 0.000 0.000 0.000 0.000 1.500 1.500 0.000 0.000 1.500 1.500 0.000 Total Justice Sector Reform Project 0.000 0.000 0.000 0.000 0.000 14.687 21.792 36.479 36.479 21.792 United Kingdom GBP Management Capacity Program 0.000 0.000 0.000 0.000 0.000 1.000 1.461 3.000 5.949 7.410 7.410 5.949 United States USD Management Capacity Program 0.000 0.000 0.000 0.000 0.000 0.000 0.000 1.000 1.000 1.000 1.000 1.000 Total Management Capacity Program 0.000 0.000 0.000 0.000 0.000 1.461 6.949 8.410 8.410 6.949 Australia AUD Microfinance for Poverty Reduction 0.000 0.000 0.000 0.778 1.045 0.000 0.000 5.000 4.764 4.764 6.586 6.586 Canada CAD Microfinance for Poverty Reduction 4.708 5.491 12.847 24.165 38.832 0.000 0.000 6.500 5.413 5.413 91.455 91.455 Denmark DKK Microfinance for Poverty Reduction 0.000 0.000 1.625 2.110 1.465 0.000 0.000 30.000 6.400 6.400 11.601 11.601 Finland EUR Microfinance for Poverty Reduction 0.000 0.000 0.000 0.000 1.367 0.000 0.000 1.400 2.216 2.216 3.583 3.583 Netherlands USD Microfinance for Poverty Reduction 0.000 0.000 0.000 0.000 2.500 0.000 0.000 0.000 0.000 0.000 2.500 2.500 Sweden SEK Microfinance for Poverty Reduction 0.000 2.220 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 2.220 2.220 United Kingdom GBP Microfinance for Poverty Reduction 0.000 3.782 14.542 9.312 9.846 0.000 0.000 14.980 27.452 27.452 64.935 64.935 United States USD Microfinance for Poverty Reduction 0.000 5.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 5.000 5.000 Total Microfinance for Poverty Reduction 4.708 16.493 29.015 36.365 55.055 0.000 46.245 46.245 187.881 187.881 Australia AUD National Emergency Employment Program 0.000 0.000 0.000 0.778 0.000 0.000 0.000 5.000 4.764 4.764 5.542 5.542 Canada CAD National Emergency Employment Program 0.000 0.000 0.000 1.277 3.363 0.000 0.000 0.000 0.000 0.000 4.640 4.640 EC/EU EUR National Emergency Employment Program 0.000 0.000 0.000 0.000 0.000 10.950 14.440 0.000 0.000 14.440 14.440 0.000 Spain EUR National Emergency Employment Program 0.000 0.000 0.000 0.000 0.000 5.000 6.594 0.000 0.000 6.594 6.594 0.000 United Kingdom GBP National Emergency Employment Program 0.000 0.000 18.238 13.909 0.000 0.000 0.000 0.000 0.000 0.000 32.147 32.147 United States USD National Emergency Employment Program 0.000 0.000 2.000 0.000 0.000 0.000 0.000 21.100 21.100 21.100 23.100 23.100 Total National Emergency Employment Program 0.000 0.000 20.238 15.964 3.363 21.033 25.864 46.897 86.462 65.429 Australia AUD National Solidarity Program 0.000 0.000 0.000 0.778 0.000 0.000 0.000 10.000 9.527 9.527 10.305 10.305 Belgium EUR National Solidarity Program 0.000 0.000 0.000 0.000 0.000 1.000 1.319 0.000 0.000 1.319 1.319 0.000 Canada CAD National Solidarity Program 10.985 0.000 14.339 17.830 77.238 0.000 0.000 12.000 9.993 9.993 130.385 130.385 Denmark DKK National Solidarity Program 0.000 0.000 0.000 0.000 3.663 0.000 0.000 0.000 0.000 0.000 3.663 3.663 EC/EU EUR National Solidarity Program 0.000 9.694 21.568 13.180 22.076 0.000 0.000 0.000 0.000 0.000 66.518 66.518 Finland EUR National Solidarity Program 0.000 0.000 0.000 0.000 1.367 0.000 0.000 1.100 1.741 1.741 3.108 3.108 Germany EUR National Solidarity Program 0.000 6.131 0.000 0.000 22.397 8.000 10.550 8.000 12.691 23.241 51.769 41.219 Norway NOK National Solidarity Program 0.000 0.000 3.102 9.018 10.728 0.000 0.000 30.000 4.263 4.263 27.111 27.111 Spain EUR National Solidarity Program 0.000 0.000 0.000 0.000 0.000 5.000 6.594 0.000 0.000 6.594 6.594 0.000 Sweden SEK National Solidarity Program 0.000 0.000 0.000 3.670 5.236 0.000 0.000 35.000 5.840 5.840 14.746 14.746 United Kingdom GBP National Solidarity Program 5.723 0.000 16.394 9.312 30.252 0.000 0.000 0.000 0.000 0.000 61.681 61.681 United Kingdom USD National Solidarity Program 0.000 0.000 0.000 0.000 0.000 0.000 0.000 13.445 13.445 13.445 13.445 13.445 United States USD National Solidarity Program 0.000 10.000 0.000 25.000 0.000 0.000 0.000 65.000 65.000 65.000 100.000 100.000 Total National Solidarity Program 16.707 25.825 55.403 78.789 172.957 18.462 122.500 140.962 490.643 472.182 Germany EUR Private Sector Development 0.000 0.000 0.000 3.199 0.000 0.000 0.000 0.000 0.000 0.000 3.199 3.199 Total Private Sector Development 0.000 0.000 0.000 3.199 0.000 0.000 0.000 0.000 3.199 3.199 Germany EUR Public Admin Reform 0.000 0.000 0.000 3.199 0.000 0.000 0.000 0.000 0.000 0.000 3.199 3.199 Total Public Admin Reform 0.000 0.000 0.000 3.199 0.000 0.000 0.000 0.000 3.199 3.199 Norway NOK Rural Water Supply and Sanitation 0.000 0.921 2.326 0.000 0.000 0.000 0.000 0.000 0.000 0.000 3.248 3.248 United States USD Rural Water Supply and Sanitation 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.400 0.400 0.400 0.400 0.400 Total Rural Water Supply and Sanitation 0.000 0.921 2.326 0.000 0.000 0.000 0.400 0.400 3.648 3.648 Norway NOK Skills Development Programme (NIMA) 0.000 0.000 0.000 0.000 0.000 0.000 0.000 20.000 2.797 2.797 2.797 2.797 United States USD Skills Development Programme (NIMA) 0.000 0.000 0.000 0.000 0.000 0.000 0.000 3.000 3.000 3.000 3.000 3.000 Total Skills Development Programme (NIMA) 0.000 0.000 0.000 0.000 0.000 0.000 5.797 5.797 5.797 5.797 Russian FederatioUSD Strengthening Higher Education Project 0.000 0.000 0.000 0.000 0.000 0.000 0.000 1.000 1.000 1.000 1.000 1.000 Total Strengthening Higher Education Project 0.000 0.000 0.000 0.000 0.000 0.000 1.000 1.000 1.000 1.000 United States USD Technical Assistance Feasibility Studies 0.000 1.500 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 1.500 1.500 Total Technical Assistance Feasibility Studies 0.000 1.500 0.000 0.000 0.000 0.000 0.000 0.000 1.500 1.500 Grand Total 21.415 56.565 110.084 137.516 276.577 73.593 265.884 339.477 941.634 868.041 6 Table 7 - ARTF Commitments & Disbursements As of: January 19, 2009 SY1381-87 (US$ million). Comm Disbursed Comm Disbursed Comm Disbursed Comm Disbursed Commited Disbursed Comm Disbursed Comm Disbursed SY1381-87 19-Jan-09 Last Month SY1381 SY1381 SY1382 SY1382 SY1383 SY1383 SY1384 SY1384 SY1385 SY1385 SY1386 SY1386 YTD YTD Total Total Disbursed Available Disb. Year End Year End Year End Year End Year End Year End Year End Year End Year End Year End Year End Year End SY1387 SY1387 Commited Disbursed Rate (a) (b) (c) (c) (d) (e) (f) (g) (h) (g) - (h) (h) / (g) TF050577 - Recurrent & Capital Costs Component Wages 40.953 145.769 179.321 174.213 216.199 203.000 241.791 1201.247 78.340 - O&M 13.655 51.164 55.277 79.035 84.015 87.549 30.458 401.153 10.958 - Debt Service, IMF 0.767 0.000 0.000 0.000 0.000 0.000 0.000 0.767 0.000 - Debt Service, IDA 2.770 3.870 0.000 0.000 0.000 0.000 0.000 6.640 0.000 - Debt Service, ADB 0.000 0.557 0.000 0.000 0.000 0.000 0.000 0.557 0.000 - Bulk Contracts 1.067 12.782 0.557 0.000 0.000 0.000 0.000 14.405 0.000 - Disbursements(A) 59.212 214.144 235.155 253.248 300.213 290.550 272.249 1624.770 89.297 Special Account(Opening) Balance (B) 0.000 51.500 50.603 50.000 50.000 50.000 50.000 50.000 Net Disbursements(Incl. Advances & Adjustments) (C) 155.000 110.712 195.000 213.246 258.000 234.553 280.000 253.248 299.000 300.213 286.000 290.550 207.000 272.249 1680.000 1674.770 89.297 5.230 100% Updated Special Account Balance * 51.500 50.603 50.000 50.000 50.000 50.000 50.000 50.000 TF050578 - Monitoring Agent [2] 2.000 0.668 0.777 1.407 2.311 2.641 4.640 2.158 7.001 2.534 3.500 4.798 3.139 2.392 20.229 16.598 0.000 3.631 82% Closed Investment Projects [3] TF050855 - UNDP Police Pr. 1 & 2 4.836 4.836 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 4.836 4.836 0.000 0.000 100% TF052081 - Microfinance for Poverty Reduction 0.000 0.000 1.000 0.358 0.000 0.335 0.000 0.306 0.000 0.000 0.000 0.000 0.000 0.000 1.000 1.000 0.000 0.000 100% TF052366 - UNDP Police 3 0.000 0.000 16.800 16.800 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 16.800 16.800 0.000 0.000 100% TF052475 - Telecom & Microwave Link 0.000 0.000 3.000 0.150 3.130 1.029 0.000 3.069 0.000 1.522 -0.119 0.241 0.000 0.000 6.011 6.011 0.000 0.000 100% TF052482 - Kabul Roads and Drainage System 0.000 0.000 3.000 0.000 0.000 2.910 0.000 0.000 -0.172 -0.113 -0.031 0.000 0.000 0.000 2.797 2.797 0.000 0.000 100% TF052735 - Strengthening Financial Capacity of the Government 0.000 0.000 5.100 2.046 0.000 0.255 0.000 1.380 -1.041 0.378 0.000 0.000 0.000 0.000 4.059 4.059 0.000 0.000 100% TF053939 - National Solidarity Program 0.000 0.000 0.000 0.000 27.000 26.618 71.900 47.582 58.500 82.038 12.292 12.454 0.000 0.000 169.692 168.692 0.000 1.000 99% Subtotal Closed Investment Projects [3] 4.836 4.836 28.900 19.354 30.130 31.147 71.900 52.337 57.287 83.825 12.142 12.695 0.000 0.000 205.195 204.195 0.000 1.000 100% Current Investment Projects [4] TF050970 - Technical Assistance Feasibility Studies 0.000 0.000 8.000 2.523 6.000 3.881 4.500 2.905 0.000 3.281 0.000 3.024 0.000 1.166 18.500 16.780 0.000 1.720 91% TF050973 - National Emergency Employment Program 0.000 0.000 16.620 8.310 0.000 8.310 20.200 0.000 16.000 20.200 0.000 15.119 0.000 0.881 52.820 52.820 0.000 0.000 100% TF052452 - Microfinance for Poverty Reduction 0.000 0.000 4.000 2.202 12.000 12.635 38.300 21.207 32.000 48.477 33.000 34.219 64.000 15.037 183.300 133.778 0.000 49.522 73% TF052541 - Kabul Power Supply 0.000 0.000 7.435 0.000 0.000 2.901 0.000 1.508 0.000 1.402 0.000 1.029 0.000 0.000 7.435 6.840 0.000 0.595 92% TF053940 - Civil Service Capacity Building 0.000 0.000 0.000 0.000 0.000 0.000 8.000 2.384 5.000 4.243 0.000 4.979 0.000 1.081 13.000 12.686 0.000 0.314 98% TF054718 - Rehabilitation of Naghlu Hydropower Plant 0.000 0.000 0.000 0.000 20.000 0.000 0.000 0.000 0.000 0.160 0.000 0.071 0.000 6.051 20.000 6.283 2.368 13.717 31% TF054729 - Urban Water Supply and Sanitation 0.000 0.000 0.000 0.000 20.000 0.000 21.000 3.628 0.000 3.475 0.000 11.506 0.000 2.498 41.000 21.108 0.744 19.892 51% TF054730 - Education - EQUIP 0.000 0.000 0.000 0.000 0.000 0.000 5.000 0.000 0.000 0.490 27.000 6.512 12.000 21.882 44.000 28.885 0.773 15.115 66% TF055447 - Rural Water Supply and Sanitation 0.000 0.000 0.000 0.000 0.000 0.000 5.000 0.000 0.000 0.590 0.000 0.633 2.650 1.344 7.650 2.568 0.178 5.082 34% TF090077 - Management Capacity Program 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 10.000 0.000 0.000 0.400 10.000 0.400 0.000 9.600 4% TF090205 - National Solidarity Program 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 171.500 136.325 100.000 124.928 271.500 261.253 15.937 10.247 96% TF091120 - Kabul-Aybak/Mazar-e-Sharif Power Project 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 57.000 0.000 0.000 14.269 57.000 14.269 2.656 42.731 25% TF091885 - Horticulture and Livestock Program 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 11.000 1.566 11.000 1.566 0.000 9.434 14% TF092073 - Kabul Urban Reconstruction Project 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 5.600 0.000 5.600 0.000 0.000 5.600 0% TF092160 - Justice Sector Reform Project 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 27.750 0.400 27.750 0.400 0.000 27.350 1% TF092544 - Strengthening Higher Education Project 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 5.000 1.000 5.000 1.000 0.000 4.000 20% Subtotal Current Investment Projects [4] 0.000 0.000 36.055 13.035 58.000 27.727 102.000 31.632 53.000 82.320 298.500 213.418 228.000 192.503 775.555 560.635 22.654 214.920 72% TOTAL COMMIT & DISB. [1+2+3+4] 161.836 116.217 260.732 247.042 348.441 296.067 458.540 339.375 416.288 468.892 600.142 521.461 438.139 467.144 2680.979 2456.198 111.952 224.781 92% Note: * Includes US $50 million Special Account advance plus adjustment for any timing difference. 7 Table 8 – ARTF Preference Tracker for SY1387 As of January 19, 2009 (US$ Million) GOVERNANCE, ECONOMIC AND SOCIAL DEVELOPMENT RULE OF LAW & HUMAN RIGHTS Justice Private Sector Energy Agriculture and rural Transport Urban Education Development development Development $200 $180 $160 $140 Funding gap $120 Pledged preferences $100 $80 $60 $40 $20 $0 JP D ce n SP P LP SS d s IP EP P N PS tio N RA H RP U SD an ta N W oa KU SH f in s R EQ ro b rR ic Su l U M r bu we Ka Po 8