The World Bank Report No: ISR14248 Implementation Status & Results West Bank and Gaza Capacity-Building for Palestinian Economic and Regulatory Institutions (P118560) Public Disclosure Copy Operation Name: Capacity-Building for Palestinian Economic and Regulatory Project Stage: Implementation Seq.No: 8 Status: ARCHIVED Archive Date: 24-Jun-2014 Institutions (P118560) Country: West Bank and Gaza Approval FY: 2010 Product Line: Special Financing Region: MIDDLE EAST AND NORTH AFRICA Lending Instrument: Technical Assistance Loan Implementing Agency(ies): Key Dates Board Approval Date 24-Jun-2010 Original Closing Date 30-Jun-2014 Planned Mid Term Review Date 16-Jul-2012 Last Archived ISR Date 13-Dec-2013 Effectiveness Date 08-Sep-2010 Revised Closing Date 30-Jun-2015 Actual Mid Term Review Date 27-Nov-2012 Project Development Objectives Project Development Objective (from Project Appraisal Document) To build the capacity of leading economic and regulatory institutions, in order to support the implementation of the Palestinian Reform and Development Plan. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) Component Name Component Cost Component 1: Palestinian Central Bureau of Statistics (PCBS) capacity building 1.55 Component 2: Palestinian Monetary Authority (PMA) capacity building 0.72 Component 3: Palestinian Pensions Authority (PPA) capacity building 0.77 Component 4: Ministry of Finance (MoF) capacity building and project coordination 0.64 Contingency 0.02 Public Disclosure Copy Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Satisfactory Moderately Satisfactory Overall Risk Rating Moderate Moderate Implementation Status Overview This Project development objective “to build the capacity of leading economic and regulatory institutions, in order to support the implementation of the Palestinian reform and Development Plan (PRDP)” continues to represent an important element of the efforts ofthe Palestinian Authority to improve governance, one of the key pillars of the NDP, and in Page 1 of 6 The World Bank Report No: ISR14248 particular the objective of modernizing and streamlining public administration. The March mission concluded in assessing the project’s progress towards achieving objectives as moderately satisfactory due to the lack of progress on the two main activities in the PPA component and the delays on the quality management system activity on the PCBS component. Public Disclosure Copy Locations Country First Administrative Division Location Planned Actual WEST BANK& GAZA Not Entered Gaza Strip WEST BANK& GAZA Not Entered West Bank Results Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target Improved administration of current pensions Text Value Improved administration of Document management and Pension Reform Action Plan system by PPA and strengthened capacity for current pensions system by general ledger systems submitted to Cabinet, MIS future reform PPA and strengthened currently under development. and general ledger systems capacity for future reform installed and operational, capacity for actuarial analysis in place at PPA. Date 31-Aug-2010 10-Jun-2014 30-Jun-2015 Comments Improved public procurement and tax Text Value National Standard bidding Work on development of Streamlined and consistent administration at MOF. documents and procurement manual and bidding procurement procedures are manual not available, tax documents for national public implemented by all PA reform plan developed but no procurement underway. procuring entities. implementation plan. - Plan for strengthening Large Taxpayers Unit (LTU) developed and under implementation. - Plan for broadening the tax Public Disclosure Copy base for personal incoem tax developed and underimplementation. Date 05-Nov-2013 10-Jun-2014 30-Jun-2015 Comments Tax administration outcomes may be dropped from the project, to be confirmed. Page 2 of 6 The World Bank Report No: ISR14248 Improved quality and timeliness of National Text Value Initial work on SUTs and Achieved, no update. Quarterly National Accounts Accounts estimates National Accounts begun estimates released using expenditure approach, based year updated. Public Disclosure Copy Date 31-Aug-2010 10-Jun-2014 30-Jun-2015 Comments Capacity to conduct Agricultural census Text Value Census being planned Achieved, no update. Agricultural census surveys methodology and technical capacity in place at PCBS. Date 31-Aug-2010 10-Jun-2014 30-Jun-2015 Comments Improved monitoring and supervision of the Text Value Core banking regulation Basel II/ III consultant now Banking Supervision per financial sector, with strengthened data and missing, Banking Supervision hired and work underway. Basel II/ III, deposit insurance forecasting system compliance-based, limited scheme, and data and models data available, no deposit for forecasting in place. insurance scheme, limitedreserve management capacity. Date 31-Aug-2010 10-Jun-2014 30-Jun-2015 Comments Intermediate Results Indicators Indicator Name Core Unit of Measure Baseline Current End Target New electronic survey technology introduced Text Value Android handheld devices PECS survey on which the Handheld devices used on at and in use at PCBS. used only once on a non- electronic survey technology least one core socio- standard survey (requested will be used still under economic survey. by the WB). development. Date 11-Dec-2013 10-Jun-2014 30-Jun-2015 Comments Delays in part seem to be due to slow World Bank input on Public Disclosure Copy this survey from the associated poverty TA. Consistent and regulator estimates of National Text Value Initial work on SUT begun. Achieved, no update. - SUT Tables produced. Accounts. - Using new methodologies to estimate activities for the QNA Date 31-Aug-2010 10-Jun-2014 30-Jun-2015 Comments Page 3 of 6 The World Bank Report No: ISR14248 Completed action plan to build the capacity of Text Value Quality directorate recently No progress on EFQM EFQM implementation the Quality Directorate established with minimal adoption. throughout PCBS underway training Public Disclosure Copy Date 31-Aug-2010 10-Jun-2014 30-Jun-2013 Comments There is a delay in this outcome due to lack of clear management commitment to this. Data set from Agricultural Census for WB&G Text Value Census being planned Achieved, no update. Agricultural Census report that is used to inform PA policy and improve completed and disseminated. PCBS socio-economic data Date 31-Aug-2010 10-Jun-2014 30-Jun-2015 Comments PCBS staff using modern methodologies for Text Value PECS being implemented Achieved, no update. New Poverty map completed producing poverty estimates Date 31-Aug-2010 10-Jun-2014 20-Jun-2013 Comments Core missing regulations and directives Text Value Core banking regulation Basel II/ III consultant Basel II/ III guidelines drafted. missing procured and work on developed by PMA guidelines is underway. Date 31-Aug-2010 10-Jun-2014 30-Jun-2015 Comments Research Department Database expanded and Text Value Limited Data Available Financial stablity review Financial Stability review analytical and forecasting capacity in the published annually, analytical published annually and Research and Monetary Policy Department and forecasting capacity work Inflation Report published improved still ongoing quarterly. Date 31-Aug-2010 10-Jun-2014 30-Jun-2015 Comments Deposit insurance regulations drafted and Text Value No deposit insurance scheme Achieved, deposit insurance Deposit Insurance Scheme submitted to the Council of Ministers scheme has been launched, operational in Palestine. awareness campaign was launched June 1 2014. Public Disclosure Copy Date 31-Aug-2010 10-Jun-2014 30-Jun-2015 Comments Modern reserves management techniques Text Value Limited reserve management No update. Technical readiness adopted capacity (organizational and operational capacity) to conduct government debt auctions established. Date 31-Aug-2010 10-Jun-2014 30-Jun-2015 Page 4 of 6 The World Bank Report No: ISR14248 Comments IMF RAMP project has taken on reserve management capacity at PMA. Public Disclosure Copy Constitution of a Pensions Steering Committee Text Value No steering committee. Achieved, action plan was Pensions Reform Action Plan to assess reform options Role of steering committee submitted to cabinet, no prepared by PMA and defined further actions. submitted to Cabinet. Date 31-Aug-2010 10-Jun-2014 30-Jun-2015 Comments PPA has improved IT systems and Text Value MOF holds pension records IGLMIS and DMAS system IGLMIS and DMAS systems consolidated pensions records that are for scheme 4. development underway. developed and installed at accessible and secure PPA holds pension records PPA. All data on pension for schemes 1, 2, 3 schemes (active and passive) consolidated at PPA, including updated information on individual records. Date 31-Aug-2010 10-Jun-2014 18-Jun-2015 Comments PPA#s capacity for future pension reform Text Value PPA not involved in pension Training activities continuing. PPA staff receive training and system strengthened reform issues actuarial analysis tools. Date 31-Aug-2010 10-Jun-2014 30-Jun-2015 Comments Public procurement procedures developed. Text Value Standard bidding documents SBD and manual - SBDs and procurement and procurement manual development underway. manual prepared preparation not yet begun - Training of PA institutions in new procurement procedures completed. Date 11-Dec-2013 10-Jun-2014 30-Jun-2015 Comments Tax administration reform plans prepared. Text Value Tax administration reform Plans underway. - Plan for strengthening Large plans under discussion at Taxpayers Unit developed Public Disclosure Copy MoF. - Plan for broadening tax base for personal income tax developed. Date 11-Dec-2013 10-Jun-2014 30-Jun-2015 Comments The MOF has informed the team this activity may be dropped from the project. Data on Financial Performance (as of 03-Jun-2014) Financial Agreement(s) Key Dates Page 5 of 6 The World Bank Report No: ISR14248 Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P118560 TF-97344 Effective 10-Aug-2010 10-Aug-2010 08-Sep-2010 30-Jun-2014 30-Jun-2015 Disbursements (in Millions) Public Disclosure Copy Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P118560 TF-97344 Effective USD 3.70 3.70 0.00 2.64 1.06 71.00 Disbursement Graph Key Decisions Regarding Implementation None Public Disclosure Copy Restructuring History Level 2 CD Decision on 06-Feb-2014 Related Projects There are no related projects. Page 6 of 6