91363 ARTF Administrator’s Report on Financial Status As of March 20, 2011 (end of Hamal-12th month of SY1389) 1. Donor contributions for SY1389 Total donor contributions for SY1389 amounted to US$610 million, of which US$400 million (66%) were without preference and US$210 million (34%) were with preferences. Table 1 reflects total donor pledges including those paid-in amounts for SY1389: unpaid pledges will continue to be paid in SY1390. Table 1: ARTF Contributions for SY1389, as of March 20, 2011 (in US$ million) Total of which % of % of Main Contributions/ without total paid-in total Donors Pledges Preference Pledges paid-in United States 590.00 360.00 55% 265.00 43% United Kingdom 120.40 96.68 11% 23.72 4% Germany 64.52 20.21 6% 64.52 11% Canada 45.48 4.97 4% 38.35 6% Norway 38.19 38.19 4% 47.80 8% Australia 28.49 11.76 3% 28.49 5% Netherlands 32.66 32.66 3% 32.66 5% Sweden 32.64 21.98 3% 32.64 5% Spain 27.59 19.74 3% 27.59 5% EC/EU 25.56 0.00 2% 25.52 4% Japan 20.00 10.00 2% 0.00 - Finland 17.70 4.42 2% 7.82 1% Others 21.97 14.96 2% 16.32 3% Total 1065.20 635.56 100% 610.44 100% 2. Consolidated ARTF Sources and Uses of Funds for SY1389 Table 2 presents sources and uses of funds for SY1389 on a consolidated basis as of March 20, 2011. The sources of funds are net donor contributions, investment income less administration fees and the cash balance carried forward from SY1388. At the end of SY1389, the committed cash balance stood at US$503.31 million comprising: (a) US$24.57 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$425.13 million; and (c) US$3.61 million reserved for the Monitoring Agent, leaving a net unallocated cash balance of US$225.24 million. 1 Table 2: ARTF Consolidated Sources and Uses of Funds (US$ million, March 20, 2011) SY 1381 SY 1382 SY 1383 SY 1384 SY 1385 SY 1386 SY 1387 SY 1388 SY 1389 Total Total Total Total Total Total Total Total Total Actual Actual Actual Actual Actual Actual Actual Actual Actual SOURCES OF FUNDS (A+B) A. Net Donors Contributions (A1-A2+A3) 184.24 284.38 378.77 404.09 460.00 654.25 632.69 653.92 608.69 A.1. Donors Contributions 184.77 286.46 380.37 404.05 453.92 634.80 626.82 657.29 610.44 A.2. IDA fees minus Investment Income 0.53 2.08 1.59 -0.04 -6.08 -19.44 -5.88 3.37 2.04 A.3. Refund of Ineligible Expenditure 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.29 B. Cash Carried-Over (=D previous year) 0.00 119.52 155.97 238.07 302.79 293.89 426.68 495.34 679.28 USES OF FUNDS (C+D) C. Disbursements (C1+C2+C3+C4) ¹ 64.72 247.94 296.67 339.37 468.89 521.46 564.03 469.98 559.42 C.1 Recurrent window - Disbursed by DAB 59.21 214.14 235.16 253.25 300.21 290.55 310.06 221.42 336.68 Wages 40.95 145.77 179.32 174.21 216.20 203.00 276.74 148.31 281.90 O&M 13.65 51.16 55.28 79.04 84.01 87.55 33.32 73.11 54.78 Other 4.60 17.21 0.56 0.00 0.00 0.00 0.00 0.00 0.00 C.2. Investment window 0.00 15.59 58.87 83.97 166.14 226.11 251.13 246.17 219.42 C.3. Pass-through to LOTFA (UNDP Police) 4.84 16.80 0.00 0.00 0.00 0.00 0.00 0.00 0.00 C.4. Fees to monitoring agent 0.67 1.41 2.64 2.16 2.53 4.80 2.84 2.39 3.32 D. Cash Balance (end-of-period) (A+B-C=D1+D2) 119.52 155.97 238.07 302.79 293.89 426.68 495.34 679.28 728.55 D.1. Committed Cash Balance: 97.12 109.91 161.68 279.85 227.24 305.93 385.03 427.54 503.31 to recurrent window special account 51.50 50.60 50.00 50.00 50.00 50.00 50.00 50.00 50.00 to recurrent window Trust Fund 44.29 26.04 49.49 76.24 75.03 70.48 76.42 145.00 24.57 undisbursed investment window balance 32.57 61.82 150.75 94.90 179.42 252.29 225.61 425.13 to Monitoring Agent 1.33 0.70 0.37 2.85 7.32 6.02 6.32 6.93 3.61 D.2. Unallocated Cash Balance 22.40 46.05 76.39 22.94 66.65 120.75 110.31 251.74 225.24 A.2. Refund of MISFA ineligible expenditure received after project closure. Hence refund booked directly to the Parent TF account and shown separetly this report. Otherwise refund will be adjsuted directly in the project available balance and overall effect will be reflected in Unallocated cash balance. D.2. 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. 3. Recurrent Cost Financing requirements For SY1389 a ceiling of US$288.80 million was set by the Management Committee, in accordance with the framework for the Recurrent Cost Window established by the ARTF Incentive Program. The ceiling is made up of US$225 million in base recurrent cost, plus US$63.8 million in incentive funds. The total actual allocation made by ARTF for SY1389 was US$216.25. The fourth transfer from parent account to the Recurrent window is outstanding. As of March 20, 2011, the recurrent cost window made a disbursement of US$336.68 (this include SY1388 expenditure of US$ 68.96) and leaving a balance of US$24.57 in the Recurrent Cost child Trust fund. Table 3: Recurrent Cost Financing Requirement for SY1389 (in US$ million) SY1387 SY1388 SY1389 (Mar 21, 2010-March 20,2011) March 21, 2008-Mar 20, 2009 March 21, 2009-Mar 20, 2010 Q1 Q2 Q3 Q4 Consolidated Opening Balance 70.00 76.00 145.00 76.04 0.00 72.50 145.00 Disbursements (310.00) (221.00) (68.96) (147.29) 0.00 (120.43) (336.68) Transfers (Total Commitment) 316.00 290.00 0.00 71.25 72.50 72.50 216.25 Closing Balance 76.00 145.00 76.04 0.00 72.50 24.57 24.57 1. Opening balance do not include Recurrent cost special account balance of US$50 million. 2. Total funding for SY1389 (transfer) is US$288.8 million which includes US$63.80 million for meeting the ARTF Incentive Program. 3. Disbursements - Actual disbursements made during SY1389. 4. Allocation/commitments - Actual Allocations approved by MC. 2 Table 4 - ARTF Financing Strategy Inputs (US$m) SY 1389 SY 1390 SY 1391 Notes & Results Indicators Donor Estimates for ARTF Contributions 1,000 1,000 600 Rounded estimates of donor funds available RC Window (including Incentive Program) (285) (270) (245) Improved effectiveness of public sector governance, monitored in the Performance Assessment Framework. Linked to the ARTF Incentive Program. Investment window envelope 715 730 355 Summary: Sector Investments 1389 1390 1391 Sector Objectives Agriculture 62 9% 45 6% 40 6% Increases in agricultural productivity Rural Development 320 48% 355 50% 330 50% Inclusive local governance & access to social & productive infrastructure Infrastructure 135 20% 165 23% 170 26% Increased access to electricity & irrigated land. To be developed. Human Development 110 16% 100 14% 84 13% Increased access to quality basic, higher & tertiary education; continued improvements in health care outcome indicators Public Sector Capacity & Governance 40 6% 50 7% 30 5% Expanding PFM systems to provincial level; increased capacity in the justice sector; increased managerial capacity of line ministries Total 667 100% 715 100% 654 100% Project Level Breakdowns by Sector Sector 1: Agriculture 1389 1390 1391 Agriculture Program Targets Horticulture & Livestock Program 15 0 0 Increased productivity of farmers in 11 focus districts. Agricultural Inputs Supply Project 15 15 0 Under preparation. On-farm Water Management 12 0 0 Under preparation. Irrigation (EIRP Scale Up) 20 30 40 Hectares of irrigated Land & agricultural yield Sector 2: Rural Development 1389 1390 1391 Rural Development Program Targets National Solidarity Program 250 250 200 Inclusive local governance - roll-out of CDCs across the country & introduction of NSP III. Rural Access Roads (NERAP) 50 90 110 Kms of rehabilitated roads & % of connected villages in Afghanistan Rural Electrification 0 5 10 Financing rural access to rural and other areas not likely to get main grid based access (current access very low around 10%) Microfinance (& SME Financing) 20 10 10 Sustainability of MFIs and increased access to financial services across the country. Sector 3: Infrastructure 1389 1390 1391 Infrastructure Program Targets Power Supply Project (NEPS) 25 25 30 Supporting restoration of damaged infrastructure for power supply along NEPS (ongoing) & increasing urban access to electricity (to be prepared). New irrigation project (TBD) 60 70 70 Under preparation. New infrastructure projects (TBD) 50 ` 70 70 Under preparation. Sector 4: Human Development 1389 1390 1391 Human Development Program Targets Basic education (EQUIP) 60 50 40 Communities access school grants and schools receive quality grants; teachers trained; 3,000 female teacher preparation scholarships. Higher education (SHEP/NHES) 10 10 10 Restoring basic operational performance in various faculties in the following universities: Kandahar, Nagahar, Heart and Balkh. Skills/vocational education (NIMA) 10 10 4 Construction of NIMA campus, training of trainers for NIMA and DMTVET staff, Curriculum Development Basic package of healthcare (BPHS) 30 30 30 Reduction in under 5 mortality and maternal mortality. Sector 5: Public Sector Capacity/Governance 1389 1390 1391 Public Sector Capacity & Governance Program Targets Management Capacity Program 10 10 10 Government ministries access managerial capacity to lead ministry programs & reforms. Justice sector 10 10 10 Strengthened central justice system & increased access to justice for Afghans. Public finance management 20 30 10 Continued improvements in public finance management, including roll-out of AFMIS to provincial level. Un-allocated cash at end of year 48 15 (299) 3 Table 5 - Actual and Expected Donor Contributions Paid-In, Committed, Pledged (US$ Million) March 20, 2011 SY 1381- SY 1381- SY 1381- SY 1381 SY 1382 SY 1383 SY 1384 SY 1385 SY 1386 SY 1387 SY 1388 SY 1389 SY 1381-89 89 89 89 Donor Total Total Total Total Total Total Total Total Total Signed Un-signed Total % of Total Total % of Total Total % of Total Paid-in Paid-in Paid-in Paid-in Paid-in Paid-in Paid-in Paid-in Paid-in Pledges Pledges SY 1389 SY 1389 Paid-in Paid-in Australia 0.00 2.63 6.27 7.65 5.84 2.09 31.44 14.99 28.49 0.00 0.00 28.49 2.7% 99.40 2.1% 99.40 2.3% Bahrain 0.00 0.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0% 0.50 0.0% 0.50 0.0% Belgium 0.00 0.00 0.00 0.00 0.00 0.00 2.61 2.72 0.00 2.82 0.00 2.82 0.3% 8.14 0.2% 5.32 0.1% Brazil 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.20 0.00 0.00 0.00 0.00 0.0% 0.20 0.0% 0.20 0.0% Canada 12.00 50.09 5.49 72.34 58.86 213.46 22.07 34.22 38.35 7.12 0.00 45.48 4.3% 527.20 11.2% 506.90 12.0% Denmark 5.00 5.00 3.16 3.92 4.34 8.43 20.86 10.25 2.03 0.00 0.00 2.03 0.2% 62.99 1.3% 62.99 1.5% EC/EU 15.87 52.72 47.60 58.77 52.72 73.62 11.31 14.19 25.52 0.04 0.00 25.56 2.4% 352.36 7.5% 352.32 8.3% Finland 2.79 2.45 5.95 0.00 2.42 5.40 7.91 8.86 7.82 9.88 0.00 17.70 1.7% 53.49 1.1% 43.61 1.0% France 0.00 0.00 0.00 0.00 0.00 0.00 5.13 5.72 5.56 0.00 0.00 5.56 0.5% 16.41 0.3% 16.41 0.4% Germany 10.07 11.44 15.94 1.23 20.47 55.99 74.00 50.85 64.52 0.00 0.00 64.52 6.1% 304.52 6.5% 304.52 7.2% India 0.20 0.20 0.00 0.40 0.20 0.20 0.19 0.20 0.20 0.01 0.00 0.21 0.0% 1.80 0.0% 1.79 0.0% Iran, Islamic Repub 0.00 0.99 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0% 0.99 0.0% 0.99 0.0% Ireland 1.00 1.70 1.81 0.61 1.28 1.46 1.58 2.78 2.54 0.00 0.00 2.54 0.2% 14.75 0.3% 14.75 0.3% Italy 17.00 0.00 6.54 0.00 9.22 8.80 34.07 4.10 3.89 2.82 0.00 6.72 0.6% 86.45 1.8% 83.63 2.0% Japan 5.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 20.00 0.00 20.00 1.9% 25.00 0.5% 5.00 0.1% Korea, Republic of 2.00 2.00 2.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0% 6.00 0.1% 6.00 0.1% Kuwait 5.00 5.00 5.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0% 15.00 0.3% 15.00 0.4% Luxembourg 1.00 0.00 0.00 0.61 1.56 1.07 1.14 1.14 1.11 0.00 0.00 1.11 0.1% 7.62 0.2% 7.62 0.2% Netherlands 33.67 41.15 46.41 29.66 50.81 39.76 39.46 41.90 32.66 0.00 0.00 32.66 3.1% 355.48 7.5% 355.48 8.4% New Zealand 0.00 0.00 0.00 0.00 0.63 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0% 0.63 0.0% 0.63 0.0% Norway 6.82 29.63 9.91 22.54 23.22 30.98 31.47 38.36 47.80 -9.61 0.00 38.19 3.6% 231.12 4.9% 240.74 5.7% Poland 0.00 0.00 0.00 0.00 0.29 0.27 1.17 1.20 1.00 0.00 0.00 1.00 0.1% 3.93 0.1% 3.93 0.1% Portugal 0.00 0.46 0.73 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0% 1.18 0.0% 1.18 0.0% Russian Federation 0.00 0.00 0.00 0.00 0.00 0.00 2.00 2.00 0.00 0.00 0.00 0.00 0.0% 4.00 0.1% 4.00 0.1% Saudi Arabia 10.00 5.00 5.00 0.00 5.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0% 25.00 0.5% 25.00 0.6% Spain 0.00 0.00 0.00 0.00 0.00 22.04 0.00 35.22 27.59 0.00 0.00 27.59 2.6% 84.85 1.8% 84.85 2.0% Sweden 3.10 5.98 25.90 12.84 14.68 20.18 18.35 25.35 32.64 0.00 0.00 32.64 3.1% 161.86 3.4% 159.03 3.8% Switzerland 0.67 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0% 0.67 0.0% 0.67 0.0% Turkey 0.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0% 0.50 0.0% 0.50 0.0% UNDP 0.00 2.41 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0% 2.41 0.1% 2.41 0.1% United Kingdom 15.08 47.10 103.06 131.47 128.49 151.05 162.54 99.05 23.72 0.00 96.68 120.40 11.3% 958.24 20.3% 861.56 20.3% United States 38.00 20.00 89.59 62.00 73.90 0.00 159.50 264.00 265.00 0.00 325.00 590.00 55.4% 1296.99 27.5% 971.99 22.9% TOTAL 184.77 286.46 380.37 404.05 453.92 634.80 626.82 657.29 610.44 33.09 421.68 1065.20 100.0% 4709.70 100.0% 4238.92 100.0% 4 Table 6 - Expressed Donor Preferences By Projects Paid-In, Committed, Pledged (US$ Million) March 20, 2011 SY 1381 SY 1382 SY 1383 SY 1384 SY 1385 SY 1386 SY 1387 SY 1388 SY 1389 SY 1381-89 Donor Curr Program Paid-in Paid-in Paid-in Paid-in Paid-in Paid-in Paid-in Paid-in Paid-in Pledged Total Expressed Of which US$ US$ US$ US$ US$ US$ US$ US$ Own Curr. US$ Own Curr. US$ Est. SY 1389 Preference Paid-in EC/EU EUR Afghanis tan Rural Enterpris e Developm ent Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.25 4.35 0.00 0.00 4.35 7.60 7.60 Finland EUR Afghanis tan Rural Enterpris e Developm ent Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.75 2.47 2.47 2.47 0.00 Sweden SEK Afghanis tan Rural Enterpris e Developm ent Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 20.00 2.98 0.00 0.00 2.98 22.98 22.98 United Kingdom GBP Afghanis tan Rural Enterpris e Developm ent Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.50 13.10 0.00 0.00 13.10 21.60 21.60 Total Afghanistan Rural Enterprise Development Pr 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 31.75 20.43 1.75 2.47 22.90 54.65 52.18 Norway NOK Civil Service Capacity Building 0.00 0.00 2.92 3.10 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.02 6.02 United States USD Civil Service Capacity Building 0.00 0.00 4.30 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.30 4.30 Total Civil Service Capacity Building 0.00 0.00 7.22 3.10 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10.32 10.32 Aus tralia AUD Com m unity Recovery 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.00 5.94 0.00 0.00 5.94 11.94 11.94 Finland EUR Com m unity Recovery 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.75 2.47 2.47 2.47 0.00 United States USD Com m unity Recovery 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 50.00 50.00 0.00 0.00 50.00 100.00 100.00 Total Community Recovery 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 56.00 55.94 1.75 2.47 58.41 114.41 111.94 Aus tralia AUD Education - EQUIP 0.00 0.00 0.00 0.00 0.00 0.00 7.62 1.78 3.00 2.69 0.00 0.00 2.69 15.10 15.10 Canada CAD Education - EQUIP 0.00 0.00 0.00 0.00 0.00 29.80 0.00 9.29 23.00 23.15 0.00 0.00 23.15 85.23 85.23 Germ any EUR Education - EQUIP 0.00 0.00 0.00 0.00 0.00 0.00 15.72 13.69 18.00 24.11 0.00 0.00 24.11 71.51 71.51 Netherlands USD Education - EQUIP 0.00 0.00 0.00 0.00 0.00 4.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.00 4.00 Norway NOK Education - EQUIP 0.00 0.00 4.61 0.00 0.00 5.13 0.00 8.45 0.00 0.00 0.00 0.00 0.00 18.19 18.19 Spain EUR Education - EQUIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.11 0.00 0.00 0.00 0.00 0.00 2.11 2.11 Sweden SEK Education - EQUIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 20.00 3.03 0.00 0.00 3.03 23.03 23.03 United States USD Education - EQUIP 0.00 0.00 0.00 0.00 0.00 0.00 12.00 0.00 0.00 0.00 0.00 0.00 0.00 12.00 12.00 Total Education - EQUIP 0.00 0.00 4.61 0.00 0.00 38.93 35.34 35.34 64.00 52.97 0.00 0.00 52.97 231.18 231.18 Canada CAD Horticulture and Lives tock Program 0.00 0.00 0.00 0.00 0.00 3.53 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.53 3.53 United Kingdom GBP Horticulture and Lives tock Program 0.00 0.00 0.00 0.00 0.00 1.98 4.16 0.00 3.00 4.55 0.00 0.00 4.55 13.69 13.69 Total Horticulture and Livestock Program 0.00 0.00 0.00 0.00 0.00 5.51 4.16 0.00 3.00 4.55 0.00 0.00 4.55 14.22 14.22 Canada CAD Jus tice Sector Reform Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.00 1.30 1.28 0.00 0.00 1.28 5.58 5.58 EC/EU EUR Jus tice Sector Reform Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 14.19 0.00 0.00 0.00 0.00 0.00 14.19 14.19 Italy EUR Jus tice Sector Reform Project 0.00 0.00 0.00 0.00 0.00 0.00 14.79 0.00 0.00 0.00 0.00 0.00 0.00 14.79 14.79 Norway NOK Jus tice Sector Reform Project 0.00 0.00 0.00 0.00 0.00 0.00 2.10 2.32 0.00 0.00 0.00 0.00 0.00 4.42 4.42 United Kingdom GBP Jus tice Sector Reform Project 0.00 0.00 0.00 0.00 0.00 0.00 4.90 0.00 0.00 0.00 0.00 0.00 0.00 4.90 4.90 United States USD Jus tice Sector Reform Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.50 0.00 0.00 0.00 0.00 0.00 1.50 1.50 Total Justice Sector Reform Project 0.00 0.00 0.00 0.00 0.00 0.00 21.79 21.01 1.30 1.28 0.00 0.00 1.28 44.08 44.08 United Kingdom GBP Managem ent Capacity Program 0.00 0.00 0.00 0.00 0.00 0.00 7.39 0.00 1.00 1.52 0.00 0.00 1.52 9.90 9.90 United States USD Managem ent Capacity Program 0.00 0.00 0.00 0.00 0.00 0.00 1.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 1.00 Total Management Capacity Program 0.00 0.00 0.00 0.00 0.00 0.00 8.39 0.00 1.00 1.52 0.00 0.00 1.52 9.90 9.90 Aus tralia AUD Microfinance for Poverty Reduction 0.00 0.00 0.00 0.00 0.78 1.04 4.76 1.43 0.00 0.00 0.00 0.00 0.00 8.01 8.01 Canada CAD Microfinance for Poverty Reduction 0.00 4.71 5.49 12.85 24.16 38.83 5.41 4.47 0.00 0.00 0.00 0.00 0.00 95.93 95.93 Denm ark DKK Microfinance for Poverty Reduction 0.00 0.00 0.00 1.63 2.11 1.47 6.40 3.03 0.00 0.00 0.00 0.00 0.00 14.63 14.63 Finland EUR Microfinance for Poverty Reduction 0.00 0.00 0.00 0.00 0.00 1.37 2.22 2.22 2.25 2.93 0.00 0.00 2.93 10.98 10.98 Netherlands USD Microfinance for Poverty Reduction 0.00 0.00 0.00 0.00 0.00 2.50 0.00 5.30 0.00 0.00 0.00 0.00 0.00 7.80 7.80 Sweden SEK Microfinance for Poverty Reduction 0.00 0.00 2.22 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.22 2.22 United Kingdom GBP Microfinance for Poverty Reduction 0.00 0.00 3.78 14.54 9.31 9.85 27.45 0.00 0.00 0.00 0.00 0.00 0.00 64.93 64.93 United States USD Microfinance for Poverty Reduction 0.00 0.00 5.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.00 5.00 Total Microfinance for Poverty Reduction 0.00 4.71 16.49 29.01 36.37 55.05 46.25 16.44 2.25 2.93 0.00 0.00 2.93 207.26 207.26 Aus tralia AUD National Em ergency Rural Acces s Project 0.00 0.00 0.00 0.00 0.78 0.00 4.76 0.71 0.00 0.00 0.00 0.00 0.00 6.26 6.26 Canada CAD National Em ergency Rural Acces s Project 0.00 0.00 0.00 0.00 1.28 3.36 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.64 4.64 EC/EU EUR National Em ergency Rural Acces s Project 0.00 0.00 0.00 0.00 0.00 0.00 11.31 0.00 2.19 2.79 0.00 0.00 2.79 16.30 16.30 Japan USD National Em ergency Rural Acces s Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10.00 10.00 10.00 10.00 0.00 Spain EUR National Em ergency Rural Acces s Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.45 0.00 0.00 0.00 0.00 0.00 8.45 8.45 United Kingdom GBP National Em ergency Rural Acces s Project 0.00 0.00 0.00 18.24 13.91 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 32.15 32.15 United States USD National Em ergency Rural Acces s Project 0.00 0.00 0.00 2.00 0.00 0.00 21.00 0.00 0.00 0.00 0.00 0.00 0.00 23.00 23.00 Aus tralia AUD National Em ergency Rural Acces s Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.00 2.72 0.00 0.00 2.72 5.72 5.72 EC/EU EUR National Em ergency Rural Acces s Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.50 8.71 0.00 0.00 8.71 15.21 15.21 Italy EUR National Em ergency Rural Acces s Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 1.41 1.41 1.41 0.00 Spain EUR National Em ergency Rural Acces s Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.50 4.80 0.00 0.00 4.80 8.30 8.30 Germ any EUR National Em ergency Rural Acces s Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.00 6.74 0.00 0.00 6.74 11.74 11.74 Total National Emergency Rural Access Project 0.00 0.00 0.00 20.24 15.96 3.36 37.08 9.17 20.19 25.75 11.00 11.41 37.17 143.17 131.76 Aus tralia AUD National Solidarity Program 0.00 0.00 0.00 0.00 0.78 0.00 9.53 1.43 3.00 2.69 0.00 0.00 2.69 17.42 17.42 Belgium EUR National Solidarity Program 0.00 0.00 0.00 0.00 0.00 0.00 1.30 1.36 0.00 0.00 1.00 1.41 1.41 4.07 2.66 Canada CAD National Solidarity Program 0.00 10.98 0.00 14.34 17.83 77.24 9.99 8.05 9.00 8.95 0.00 0.00 8.95 156.39 156.39 Denm ark DKK National Solidarity Program 0.00 0.00 0.00 0.00 0.00 3.66 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.66 3.66 EC/EU EUR National Solidarity Program 0.00 0.00 9.69 21.57 13.18 22.08 0.00 0.00 7.22 9.67 0.03 0.04 9.71 83.45 83.41 Finland EUR National Solidarity Program 0.00 0.00 0.00 0.00 0.00 1.37 1.74 2.22 2.25 2.93 1.75 2.47 5.40 12.98 10.51 Germ any EUR National Solidarity Program 0.00 0.00 6.13 0.00 0.00 22.40 23.31 14.86 10.00 13.47 0.00 0.00 13.47 90.17 90.17 Italy EUR National Solidarity Program 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 1.41 1.41 1.41 0.00 Norway NOK National Solidarity Program 0.00 0.00 0.00 3.10 9.02 10.73 4.26 4.74 0.00 0.00 0.00 0.00 0.00 31.85 31.85 Spain EUR National Solidarity Program 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7.04 2.00 2.74 0.00 0.00 2.74 11.79 11.79 Sweden SEK National Solidarity Program 0.00 0.00 0.00 0.00 3.67 5.24 5.84 6.85 30.00 4.39 0.00 0.00 4.39 55.99 55.99 United Kingdom GBP National Solidarity Program 0.00 5.72 0.00 16.39 9.31 30.25 0.00 0.00 3.00 4.55 0.00 0.00 4.55 69.24 69.24 United Kingdom USD National Solidarity Program 0.00 0.00 0.00 0.00 0.00 0.00 13.44 0.00 0.00 0.00 0.00 0.00 0.00 13.44 13.44 United States USD National Solidarity Program 0.00 0.00 10.00 0.00 25.00 0.00 65.00 160.00 180.00 180.00 0.00 0.00 180.00 620.00 620.00 Total National Solidarity Program 0.00 16.71 25.83 55.40 78.79 172.96 134.43 206.55 246.47 229.41 3.78 5.33 234.74 1171.87 1166.53 France EUR Power Sys tem Developm ent Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.86 2.00 2.78 0.00 0.00 2.78 7.64 7.64 Total Power System Development Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.86 2.00 2.78 0.00 0.00 2.78 7.64 7.64 Germ any EUR Private Sector Developm ent 0.00 0.00 0.00 0.00 3.20 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.20 3.20 Total Private Sector Development 0.00 0.00 0.00 0.00 3.20 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.20 3.20 Germ any EUR Public Adm in Reform 0.00 0.00 0.00 0.00 3.20 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.20 3.20 Total Public Admin Reform 0.00 0.00 0.00 0.00 3.20 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.20 3.20 Norway NOK Rural Water Supply and Sanitation 0.00 0.00 0.92 2.33 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.25 3.25 United States USD Rural Water Supply and Sanitation 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 Total Rural Water Supply and Sanitation 0.00 0.00 0.92 2.33 0.00 0.00 0.50 0.00 0.00 0.00 0.00 0.00 0.00 3.75 3.75 Norway NOK Skills Developm ent Program m e (NIMA) 0.00 0.00 0.00 0.00 0.00 0.00 2.80 3.87 0.00 0.00 0.00 0.00 0.00 6.67 6.67 United States USD Skills Developm ent Program m e (NIMA) 0.00 0.00 0.00 0.00 0.00 0.00 3.00 0.00 0.00 0.00 0.00 0.00 0.00 3.00 3.00 Total Skills Development Programme (NIMA) 0.00 0.00 0.00 0.00 0.00 0.00 5.80 3.87 0.00 0.00 0.00 0.00 0.00 9.67 9.67 Aus tralia AUD Strengthening Health Activities for the Rural Poor (SHA 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.78 3.00 2.69 0.00 0.00 2.69 7.47 7.47 Canada CAD Strengthening Health Activities for the Rural Poor (SHA 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7.00 7.12 7.12 7.12 0.00 Total Strengthening Health Activities for the Rural P 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.78 3.00 2.69 7.00 7.12 9.81 14.60 7.47 Rus s ian Federation USD Strengthening Higher Education Project 0.00 0.00 0.00 0.00 0.00 0.00 1.00 1.00 0.00 0.00 0.00 0.00 0.00 2.00 2.00 Total Strengthening Higher Education Project 0.00 0.00 0.00 0.00 0.00 0.00 1.00 1.00 0.00 0.00 0.00 0.00 0.00 2.00 2.00 United States USD Technical As s is tance Feas ibility Studies 0.00 0.00 1.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.50 1.50 Total Technical Assistance Feasibility Studies 0.00 0.00 1.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.50 1.50 Grand Total 0.00 21.42 56.56 110.08 137.52 275.81 294.72 298.02 430.96 400.25 25.28 28.81 429.06 2046.61 2017.80 5 Table 7 - ARTF Commitments & Disbursements As of: March 20, 2011 SY1381-89 (US$ million). Com m Disbursed Com m Disbursed Com m Disbursed Com m Disbursed Com m Disbursed Com m Disbursed Com m Disbursed Com m Disbursed Com m Disbursed SY1381-89 20-Mar-11 Last Month SY 1381 SY 1381 SY 1382 SY 1382 SY 1383 SY 1383 SY 1384 SY 1384 SY 1385 SY 1385 SY 1386 SY 1386 SY 1387 SY 1387 SY 1388 SY 1388 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 Year End Year End Year End Year End SY 1389 SY 1389 Com m ited Disbursed Rate (g) (h) (g) - (h) (h) / (g) TF050577 - Recurrent & Capital Costs Component Wages 40.95 145.77 179.32 174.21 216.20 203.00 276.74 148.31 281.90 1666.40 47.93 - O&M 13.65 51.16 55.28 79.04 84.01 87.55 33.32 73.11 54.78 531.91 0.00 - Debt Service, IMF 0.77 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.77 0.00 - Debt Service, IDA 2.77 3.87 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.64 0.00 - Debt Service, ADB 0.00 0.56 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.56 0.00 - Bulk Contracts 1.07 12.78 0.56 0.00 0.00 0.00 0.00 0.00 0.00 14.41 0.00 - Disbursem ents(A) 59.21 214.14 235.16 253.25 300.21 290.55 310.06 221.42 336.68 2220.68 47.93 Special Account(Opening) Balance (B) 0.00 51.50 50.60 50.00 50.00 50.00 50.00 50.00 50.00 50.00 Loan Account com m itm ents and disbursem ents (C) 155.00 110.71 195.00 213.25 258.00 234.55 280.00 253.25 299.00 300.21 286.00 290.55 316.00 310.06 290.00 221.42 216.25 336.68 2295.25 2270.68 47.93 24.57 99% Updated Special Account Balance * 51.50 50.60 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 TF050578 - Monitoring Agent [2] 2.00 0.67 0.78 1.41 2.31 2.64 4.64 2.16 7.00 2.53 3.50 4.80 3.14 2.84 3.00 2.39 0.00 3.32 26.37 22.76 0.00 3.61 86% Closed Investment Projects [3] TF050855 - UNDP Police Pr. 1 & 2 4.84 4.84 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.84 4.84 0.00 0.00 100% TF050970 - Technical Assistance Feasibility Studies 0.00 0.00 8.00 2.52 6.00 3.88 4.50 2.91 0.00 3.28 0.00 3.02 0.00 1.29 0.00 0.09 -1.53 -0.02 16.97 16.97 0.00 0.00 100% TF050973 - National Emergency Employment Program 0.00 0.00 16.62 8.31 0.00 8.31 20.20 0.00 16.00 20.20 0.00 15.12 0.00 0.88 0.00 0.00 0.00 0.00 52.82 52.82 0.00 0.00 100% TF052081 - Microfinance for Poverty Reduction 0.00 0.00 1.00 0.36 0.00 0.34 0.00 0.31 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 1.00 0.00 0.00 100% TF052366 - UNDP Police 3 0.00 0.00 16.80 16.80 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 16.80 16.80 0.00 0.00 100% TF052475 - Telecom & Microw ave Link 0.00 0.00 3.00 0.15 3.13 1.03 0.00 3.07 0.00 1.52 -0.12 0.24 0.00 0.00 0.00 0.00 0.00 0.00 6.01 6.01 0.00 0.00 100% TF052482 - Kabul Roads and Drainage System 0.00 0.00 3.00 0.00 0.00 2.91 0.00 0.00 -0.17 -0.11 -0.03 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.80 2.80 0.00 0.00 100% TF052541 - Kabul Pow er Supply 0.00 0.00 7.44 0.00 0.00 2.90 0.00 1.51 0.00 1.40 0.00 1.03 0.00 0.26 -0.01 0.33 0.00 0.00 7.43 7.43 0.00 0.00 100% TF052735 - Strengthening Financial Capacity of the Government 0.00 0.00 5.10 2.05 0.00 0.26 0.00 1.38 -1.04 0.38 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.06 4.06 0.00 0.00 100% TF053939 - National Solidarity Program 0.00 0.00 0.00 0.00 27.00 26.62 70.90 47.58 58.50 82.04 12.29 12.45 0.00 0.00 0.00 0.00 0.00 0.00 168.69 168.69 0.00 0.00 100% TF054730 - Education - EQUIP 0.00 0.00 0.00 0.00 0.00 0.00 5.00 0.00 0.00 0.49 27.00 6.51 12.00 29.55 0.00 7.45 0.00 0.00 44.00 44.00 0.00 0.00 100% TF055447 - Rural Water Supply and Sanitation 0.00 0.00 0.00 0.00 0.00 0.00 5.00 0.00 0.00 0.59 0.00 0.63 2.65 2.05 0.00 2.25 -1.42 0.70 6.23 6.23 0.00 0.00 100% TF052452 - Microfinance for Poverty Reduction 0.00 0.00 4.00 2.20 12.00 12.64 38.30 21.21 32.00 48.48 33.00 34.22 64.00 24.88 0.00 23.44 -15.36 0.88 167.94 167.94 0.00 0.00 100% TF053940 - Civil Service Capacity Building 0.00 0.00 0.00 0.00 0.00 0.00 8.00 2.38 5.00 4.24 0.00 4.98 0.00 1.08 0.00 0.31 -0.05 -0.05 12.95 12.95 0.00 0.00 100% Subtotal Closed Investm ent Projects [3] 4.84 4.84 64.96 32.39 48.13 58.87 151.90 80.34 110.29 162.51 72.14 78.21 78.65 59.99 -0.01 33.87 -18.36 1.51 512.53 512.53 0.00 0.00 100% Current Investment Projects [4] TF054718 - Rehabilitation of Naghlu Hydropow er Plant 0.00 0.00 0.00 0.00 20.00 0.00 0.00 0.00 0.00 0.16 0.00 0.07 0.00 6.05 0.00 2.60 0.00 3.55 20.00 12.43 0.00 7.57 62% TF054729 - Urban Water Supply and Sanitation 0.00 0.00 0.00 0.00 20.00 0.00 21.00 3.63 0.00 3.48 0.00 11.51 0.00 4.48 0.00 4.14 0.00 8.80 41.00 36.04 1.31 4.96 88% TF090077 - Management Capacity Program 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10.00 0.00 0.00 0.55 5.00 2.76 0.00 4.48 15.00 7.79 0.70 7.21 52% TF090205 - National Solidarity Program 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 171.50 136.32 178.00 162.39 100.00 120.63 0.00 30.15 449.50 449.50 0.00 0.00 100% TF091120 - Kabul-Aybak/Mazar-e-Sharif Pow er Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 57.00 0.00 0.00 14.70 0.00 9.52 0.00 11.49 57.00 35.70 0.13 21.30 63% TF091885 - Horticulture and Livestock Program 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 11.00 1.57 0.00 2.71 23.30 13.41 34.30 17.69 2.68 16.61 52% TF092073 - Kabul Urban Reconstruction Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.60 0.00 0.00 1.14 0.00 1.04 5.60 2.18 0.11 3.42 39% TF092160 - Justice Sector Reform Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 27.75 0.40 0.00 3.35 0.00 5.07 27.75 8.82 0.00 18.93 32% TF092544 - Strengthening Higher Education Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.00 1.00 0.00 0.35 0.00 1.09 5.00 2.44 0.00 2.56 49% TF093513 - Pow er System Development Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 35.00 5.17 25.00 2.72 60.00 7.89 0.00 52.11 13% TF093632 - Kabul Urban Roads Improvement Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 18.00 0.00 0.00 5.43 0.00 4.25 18.00 9.69 0.00 8.31 54% TF093637 - Water Resources Development Technical Assistance Proje 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.50 1.00 0.00 0.09 5.50 1.09 0.00 4.41 20% TF093854 - Skills Development Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 9.00 2.51 0.00 5.04 9.00 7.55 0.14 1.45 84% TF093962 - Second Education Quality Improvement Program 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 35.00 35.00 50.00 45.86 85.00 80.86 2.21 4.14 95% TF095297 - National Emergency Rural Access Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 30.00 16.00 50.00 19.16 80.00 35.16 6.83 44.84 44% TF096362 - Strengthening Health Activities for the Rural Poor (SHARP) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 22.00 20.89 22.00 20.89 2.00 1.11 95% TF096991 - On Farm Water Management Project (OFWM) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 0.40 1.00 0.40 0.00 0.60 40% TF098045 - Afghanistan Rural Enterprise Development Project (AREDP) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 16.00 0.40 16.00 0.40 0.40 15.60 3% TF098459 - Third Emergency National Solidarity Project 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 250.00 40.00 250.00 40.00 40.00 210.00 16% Subtotal Current Investm ent Projects [4] 0.00 0.00 0.00 0.00 40.00 0.00 21.00 3.63 0.00 3.64 238.50 147.90 245.35 191.14 219.50 212.30 437.30 217.90 1201.65 776.52 56.50 425.13 65% TOTAL COMMIT & DISB. [1+2+3+4] 161.84 116.22 260.73 247.04 348.44 296.07 457.54 339.37 416.29 468.89 600.14 521.46 643.14 564.03 512.49 469.98 635.19 559.42 4035.80 3582.49 104.43 453.31 0.000 Note: * Includes US $50 million Special Account advance plus adjustment for any timing difference. 6 Table 8 – Community Recovery for NSP III and Analysis of Un-disbursed Investment Window Community Recovery for NSP III March 20, 2011 SY 1381 SY 1389 Donor Curr Pledged Paid-in Total Expressed Of which Own Curr. US$ Est. Own Curr. US$ SY 1389 Preference Paid-in Commitments Disbursements Australia AUD 0.00 0.00 6.00 5.94 5.94 5.94 5.94 Finland EUR 1.75 2.47 0.00 0.00 2.47 2.47 0.00 United States USD 0.00 0.00 50.00 50.00 50.00 50.00 50.00 1.75 2.47 56.00 55.94 58.41 58.41 55.94 Outstanding Balances of Individual Projects Rehabilitation of Naghlu Hydropwer Plant Urban Water Supply and Sanitation 1.78% 1.17% Management Capacity Program 1.70% Kabul-Aybak/Mazar-e-Sharif Project 5.01% 3.91% Horticulture and Livestock Program 0.81% Kabul Urban Reconstruction ProjectT 4.45% 0.60% Justice Sector Reform Project Strengthening Higher Education Project 49.40% Power System Development Project 12.26% Kabul Urban Roads Improvement Project (KURIP) Water Resources Development Technical Assistance Project 1.96% Skills Development Project 1.04% 0.34% 10.55% Second Education Quality Improvement 0.97% Project (EQUIP II) National Emergency Rural Access Program 0.26% 3.67% Strengthening Health Activities for the Rural 0.14% Poor (SHARP) On Farm Water Management Project (OFWM) Afghanistan Rural Enterprise Development Project (AREDP) Third Emergency National Solidarity Project 7