Public Disclosure Copy The World Bank Implementation Status & Results Report EU/IPA AGRICULTURE AND RURAL DEVELOPMENT INSTITUTION BUILDING PROJECT (P144994) EU/IPA AGRICULTURE AND RURAL DEVELOPMENT INSTITUTION BUILDING PROJECT (P144994) EUROPE AND CENTRAL ASIA | Montenegro | Agriculture Global Practice | Recipient Executed Activities | Investment Project Financing | FY 2015 | Seq No: 3 | ARCHIVED on 25-Sep-2016 | ISR21367 | Implementing Agencies: Ministry of Agriculture and Rural Development Key Dates Key Project Dates Bank Approval Date:28-Oct-2014 Effectiveness Date:04-Dec-2014 Original Closing Date:31-Dec-2017 Revised Closing Date:31-Dec-2017 Project Development Objectives Project Development Objective (from Project Appraisal Document) The objective of the Project is to increase the experience of Montenegrin authorities in administering rural development grants in accordance with the core rules of the European Union Instrument of Pre-accession Assistance for Rural Development and to improve the productivity of a targeted number of agriculture holdings. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Satisfactory  Satisfactory Overall Implementation Progress (IP)  Highly Satisfactory  Highly Satisfactory Implementation Status and Key Decisions Implementation of the grants is proceeding as expected with data showing that the program is following the expected trend, namely the decrease in number of beneficiaries from approval of application to completiong of investments. The reason for this decrease maybe attribued to a number of factors, some of which independent from the grants program itself. However one of the main reason can still be considered the difficulties encountered by the beneficiaries in borrowing funds required for the investments, given the pre-financing requirement of IPARD. In fact regardless from the efforts made by MARD in engaging with the banking sector and the good reputation of the earlier MIDAS grants followed by the IPARD-like 9/25/2016 Page 1 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report EU/IPA AGRICULTURE AND RURAL DEVELOPMENT INSTITUTION BUILDING PROJECT (P144994) grants program, credit to farmers remains one of the main barriers. As of May 20, 2016 of the 291 approved applications, currently there are 286 valid contracts for a total eligible investment amount (thus excluding VAT) of about EUR 8.74 million. The estimated value of grant support is slightly above EUR 5 million. The Directorate for Payments has so far received 52 requests for payments, of which 41 have been paid for an amount of about 440,000 of grant support, 2 have been rejected, 2 are in the administrative checks process and 7 are to receive on-the-spot control. Next step inlcude (i) continue to promptly process request for payments ; and (ii) work with the MARD Directorate for Rural Development increasing their compliance with the future full IPARD Program monitoring requirements as Montenegro gets closer in receving the entrustment of budget implementation for the full Montenegro IPARD Program measures. 9/25/2016 Page 2 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report EU/IPA AGRICULTURE AND RURAL DEVELOPMENT INSTITUTION BUILDING PROJECT (P144994) Risks Overall Risk Rating Risk Category Rating at Approval Previous Rating Current Rating Overall  Moderate  Moderate  Moderate Results Project Development Objective Indicators PHINDPDOTBL Amount of grant funding disbursed (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 8.70 75.00 Date 04-Dec-2014 23-Oct-2015 20-May-2016 31-Dec-2017 PHINDPDOTBL Number of grants successfully completed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 41.00 110.00 Date 04-Dec-2014 23-Oct-2015 20-May-2016 31-Dec-2017 PHINDPDOTBL The Monitoring Committee is established and operating (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 1.00 1.00 Date 04-Dec-2014 23-Oct-2015 20-May-2016 31-Dec-2017 9/25/2016 Page 3 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report EU/IPA AGRICULTURE AND RURAL DEVELOPMENT INSTITUTION BUILDING PROJECT (P144994) PHINDPDOTBL Impact evaluation analysis completed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 1.00 Date 04-Dec-2014 23-Oct-2015 20-May-2016 31-Dec-2017 PHINDPDOTBL Increase in yield/production by agro-holdings receiving grant funding (target 10 percent) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 10.00 Date 04-Dec-2014 23-Oct-2015 20-May-2016 31-Dec-2017 Overall Comments Intermediate Results Indicators PHINDIRITBL Number of Grant applications approved (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 291.00 291.00 130.00 Date 04-Dec-2014 23-Oct-2015 20-May-2016 31-Dec-2017 PHINDIRITBL Amount of grant funding awarded (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 100.00 95.00 Date 04-Dec-2014 23-Oct-2015 20-May-2016 31-Dec-2017 9/25/2016 Page 4 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report EU/IPA AGRICULTURE AND RURAL DEVELOPMENT INSTITUTION BUILDING PROJECT (P144994) PHINDIRITBL Targeted clients satisfied with agricultural services (percentage) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 8.70 75.00 Date 04-Dec-2014 23-Oct-2015 20-May-2016 31-Dec-2017 PHINDIRITBL Number of meetings undertaken by the Monitoring Committee (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 2.00 5.00 Date 04-Dec-2014 23-Oct-2015 20-May-2016 31-Dec-2017 PHINDIRITBL Number of monitoring reports produced by the Monitoring Committee/Sector for Rural Development (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 2.00 5.00 Date 04-Dec-2014 23-Oct-2015 20-May-2016 31-Dec-2017 PHINDIRITBL Number of agricultural organizations and rural population targeted by public awareness of the IPARD-core measures (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2068.00 2068.00 2000.00 Date 04-Dec-2014 23-Oct-2015 20-May-2016 31-Dec-2017 9/25/2016 Page 5 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report EU/IPA AGRICULTURE AND RURAL DEVELOPMENT INSTITUTION BUILDING PROJECT (P144994) PHINDIRITBL Number of promotional events implemented and promotional materials disseminated (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 37.00 37.00 35.00 Date 04-Dec-2014 23-Oct-2015 20-May-2016 31-Dec-2017 PHINDIRITBL Client days of training provided (number) (Number, Core) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1200.00 1817.00 2000.00 Date 04-Dec-2014 23-Oct-2015 20-May-2016 31-Dec-2017 PHINDIRITBL Client days of training provided - Female (number) (Number, Core Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 400.00 400.00 800.00 Date -- 23-Oct-2015 20-May-2016 31-Dec-2017 Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P144994 TF-18039 Effective USD 3.80 3.80 0.00 0.75 3.04 20% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P144994 TF-18039 Effective 28-Oct-2014 31-Oct-2014 04-Dec-2014 31-Dec-2017 31-Dec-2017 9/25/2016 Page 6 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report EU/IPA AGRICULTURE AND RURAL DEVELOPMENT INSTITUTION BUILDING PROJECT (P144994) Cumulative Disbursements Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 9/25/2016 Page 7 of 7 Public Disclosure Copy