The World Bank Implementation Status & Results Report Serbia Competitiveness and Jobs (P152104) Serbia Competitiveness and Jobs (P152104) EUROPE AND CENTRAL ASIA | Serbia | Finance, Competitiveness and Innovation Global Practice | IBRD/IDA | Investment Project Financing | FY 2016 | Seq No: 10 | ARCHIVED on 25-Jun-2020 | ISR42091 | Implementing Agencies: Public Policy Secretariat, Republic of Serbia, Ministry of Economy, Ministry of Education Science and Technological Development, Ministry of Labor, Employment, Veteran and Social Affairs Key Dates Key Project Dates Bank Approval Date: 16-Sep-2015 Effectiveness Date: 31-Mar-2016 Planned Mid Term Review Date: 11-Dec-2017 Actual Mid-Term Review Date: 11-Dec-2017 Original Closing Date: 30-Jun-2019 Revised Closing Date: 30-Jun-2021 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The PDO is to improve the effectiveness and coordination of selected public programs to alleviate constraints to competitivenessand job creation, including investment and export promotion, innovation, active labor market programs, labor intermediation, and activation of social assistance beneficiaries. Has the Project Development Objective been changed since Board Approval of the Project Objective? Yes Board Approved Revised Project Development Objective (If project is formally restructured) The PDO is to improve the effectiveness and coordination of selected public programs to alleviate constraints to competitiveness and job creation, including investment and export promotion, innovation, active labor market programs and labor intermediation. Components Table Name Policy planning, monitoring, and coordination:(Cost $3.00 M) Investment and export promotion:(Cost $22.00 M) Innovation:(Cost $39.55 M) Labor:(Cost $30.00 M) Project management and technical assistance:(Cost $5.20 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating Substantial Moderate Implementation Status and Key Decisions The project implementation over the reporting period has to a large extent been impacted by the COVID-19 outbreak and the related Government measures to contain the pandemic spread in the country. The state of emergency was introduced in March and was in force until May, and 6/25/2020 Page 1 of 10 The World Bank Implementation Status & Results Report Serbia Competitiveness and Jobs (P152104) lockdowns were imposed during this period. As a result, overall implementation slowed down (both due to dealing with pandemic becoming a priority and due to the general difficulties of working with lockdowns in place). At the same time, the authorities asked for a set of adjustments to the Bank portfolio to help deal with the pandemic, and in response to this request, a targeted restructuring of the project was done in April. The purpose of the restructuring was to introduce a possibility of disbursing part of the loan proceeds even before the related DLIs have been met. In order to allow disbursements before compliance of DLIs, it was necessary to process a contractual waiver, which was done through the restructuring. Based on the achievement of several DLIs that were completed during the second half of 2019 and based on the contractual waiver introduced with the restructuring, a disbursement of EUR 15,969,000 was made in May 2020. This brought the total disbursement rate for the project to 77 percent. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Substantial Substantial Moderate Macroeconomic Substantial Moderate Moderate Sector Strategies and Policies Moderate Substantial Moderate Technical Design of Project or Program Substantial Substantial Moderate Institutional Capacity for Implementation and Substantial Substantial Moderate Sustainability Fiduciary Substantial Substantial Moderate Environment and Social Moderate Moderate Moderate Stakeholders Substantial Substantial Moderate Other Moderate Moderate Moderate Overall Substantial Substantial Moderate Results PDO Indicators by Objectives / Outcomes Improve the effectiveness of selected public programs on investment and export promotion IN00852118 ►New investor leads generated by the reformed investment promotion agency (annual) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 20.00 49.00 103.00 33.00 Date 31-Dec-2014 28-Jun-2019 31-Dec-2019 31-Dec-2020 Note: This indicator is tracked semi-annually. The latest available data for this indicator is for end-2019; Comments: this indicator will be updated in the next Project Progress Report by the PIU (expected in July 2020) and reflected in the next ISR. 6/25/2020 Page 2 of 10 The World Bank Implementation Status & Results Report Serbia Competitiveness and Jobs (P152104) IN00852126 ►Participants in export promotion programs that engage in new export activities (annual) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 85.00 85.00 260.00 200.00 Date 31-Dec-2014 28-Jun-2019 31-Dec-2019 31-Dec-2020 Note: This indicator is tracked semi-annually. The latest available data for this indicator is for end-2019; this indicator will be updated in the next Project Progress Report by the PIU (expected in July 2020) and Comments: reflected in the next ISR. Improve the effectiveness of selected public programs on Innovation IN00852119 ►New collaborations facilitated between research organizations and the private sector (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 3.00 14.00 13.00 25.00 Date 31-Dec-2014 31-Dec-2018 31-Dec-2019 31-Dec-2020 Note: This indicator is tracked semi-annually. The latest available data for this indicator is for end-2019; this indicator will be updated in the next Project Progress Report by the PIU (expected in July 2020) and Comments: reflected in the next ISR. Improve the effectiveness of selected public programs on ALMPs and labor intermediation IN00852120 ►NES registered unemployment cases transitioning into formal job (annual) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 232,280.00 228,747.00 69,832.00 280,000.00 Date 31-Dec-2014 29-Nov-2019 29-May-2020 31-Dec-2020 NOTE 1: Value for end-2019: 245,538 NOTE 2: The number of registered unemployed transitioning into a formal job in 2019 is decreasing, but this reflects positive developments. Namely, there was a decrease in the total number of registered unemployed as a result of the improving labor market conditions. Number of unemployed decreased both in 2018 and 2019, and the pool of unemployed is now lower by about 200,000 compared to baseline 2014. As a result, due to this exogenous factor and smaller pool of unemployed, absolute number of those Comments: transitioning to formal work is lower. However, as a percentage of unemployed, transition to formal employment is consistently increasing - from about 33 percent of unemployed in 2015 to over 50 percent in the most recent data. NOTE 3: For 2020 the number of unemployed transitioning into a formal job has significantly decreased due to the COVID-19 pandemic crisis. Intermediate Results Indicators by Components 6/25/2020 Page 3 of 10 The World Bank Implementation Status & Results Report Serbia Competitiveness and Jobs (P152104) Policy planning, monitoring, and coordination IN00852128 ►Annual performance reviews of pilot policy planning, monitoring, and coordination system (to support competitveness and jobs reforms) (see DL1) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 3.00 3.00 3.00 Date 01-Jan-2015 31-Dec-2018 31-Dec-2018 31-Dec-2018 Investment and export promotion IN00852129 ►MoE investment and export promotion programs restructured [DLI 2] (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value DLI Table partial DLI achieved partial DLI achieved DLI Table Date 31-Dec-2014 29-Nov-2019 29-May-2020 31-Dec-2020 IN00852132 ►Number of documented interests by investors (annual) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 61.00 49.00 103.00 90.00 Date 31-Dec-2014 28-Jun-2019 31-Dec-2019 31-Dec-2020 Note: This indicator is tracked semi-annually. The latest available data for this indicator is for end-2019; this indicator will be updated in the next Project Progress Report by the PIU (expected in July 2020) and Comments: reflected in the next ISR. IN00852135 ►Number of firms participating in the new Supplier Development Program (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 10.00 19.00 20.00 Date 29-Dec-2017 29-Nov-2019 29-May-2020 31-Dec-2020 Innovation IN00852127 ►Private financing catalyzed through IF support programs (Ammount USD) (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.3m 3.32 m 3.67 m 3.6m Date 31-Dec-2014 31-Dec-2018 31-Dec-2019 31-Dec-2020 6/25/2020 Page 4 of 10 The World Bank Implementation Status & Results Report Serbia Competitiveness and Jobs (P152104) Note: This indicator is tracked semi-annually. The latest available data for this indicator is for end-2019; this indicator will be updated in the next Project Progress Report by the PIU (expected in July 2020) and Comments: reflected in the next ISR. IN00852131 ►Enterprises and startups financed through Innovation Fund programs (including MMG) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 11.00 56.00 56.00 75.00 Date 31-Dec-2014 31-Dec-2018 29-May-2020 31-Dec-2020 IN00852134 Enterprises and startups financed with female owner (Number, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 1.00 9.00 9.00 10.00 Date 31-Dec-2014 31-Dec-2018 29-May-2020 31-Dec-2020 IN00852137 ►Innovative products or services developed by MG beneficiary firms (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 16.00 18.00 40.00 25.00 Date 31-Dec-2014 28-Jun-2019 31-Dec-2019 31-Dec-2020 Note: This indicator is tracked semi-annually. The latest available data for this indicator is for end-2019; this indicator will be updated in the next Project Progress Report by the PIU (expected in July 2020) and Comments: reflected in the next ISR. IN00852139 ►Innovative products or services launched by MG beneficiary firms (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 3.00 8.00 18.00 10.00 Date 31-Dec-2014 28-Jun-2019 31-Dec-2019 31-Dec-2020 Note: This indicator is tracked semi-annually. The latest available data for this indicator is for end-2019; this indicator will be updated in the next Project Progress Report by the PIU (expected in July 2020) and Comments: reflected in the next ISR. IN00852141 ►Technology transfer: IF TTF service lines deployed [see DLI 4] (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 11.00 11.00 8.00 Date 31-Dec-2014 28-Jun-2019 29-May-2020 31-Dec-2020 IN00852144 6/25/2020 Page 5 of 10 The World Bank Implementation Status & Results Report Serbia Competitiveness and Jobs (P152104) ►Technology transfer: transactions initiated [see DLI 4] (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 38.00 43.00 15.00 Date 31-Dec-2014 28-Jun-2019 31-Dec-2019 31-Dec-2020 Note: This indicator is tracked semi-annually. The latest available data for this indicator is for end-2019; this indicator will be updated in the next Project Progress Report by the PIU (expected in July 2020) and Comments: reflected in the next ISR. IN00852145 ►R&I strategy, action plan, RI Roadmap and public research sector reforms including establishment of Science Fund designed and adopted (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value See DLI Table achieved achieved achieved Date 31-Dec-2014 29-Nov-2019 29-May-2020 31-Dec-2020 IN00852147 ►Science Fund programs initiated (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 3.00 1.00 Date 29-Dec-2017 29-Nov-2019 29-May-2020 31-Dec-2020 IN00852148 ►Science Fund programs competitive grants awarded (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 20.00 Date 29-Dec-2017 29-Nov-2019 29-Nov-2019 31-Dec-2020 IN00852149 ►Citizen Engagement: Innovation matching grant beneficiary annual survey (number of surveys) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 2.00 3.00 Date 31-Dec-2014 29-Nov-2019 29-May-2020 31-Dec-2020 Comments: The Innovation Fund has completed another survey of program beneficiaries, this time those applying for the Collaborative Grant Scheme program. The survey was run in mid-2019 (after the CGS call has been completed). The survey has been sent to 67 applicants, of which 48 replied. Two types of questionnaires were used: (1) Application process questionnaire - assessing the level of satisfaction with the application process. This questionnaire was given to all applicants from the sample; and (2) Selection process questionnaire - focused on the evaluation of the project applications. This questionnaire was given to all eligible applicants. The survey results have been shared with the Bank and will be used to inform the design of the program going forward. The IF will continue performing applicant surveys for their programs on an ongoing basis. In addition to this, the IF has been conducting other Citizen Engagement activities, which are now fully integrated in their work program. This includes regular Open Door Days events running for several weeks 6/25/2020 Page 6 of 10 The World Bank Implementation Status & Results Report Serbia Competitiveness and Jobs (P152104) after the announcement of call for proposals, where all interested parties can come and get advice and guidance from the IF about the programs. It also includes having email and phone lines to respond to any queries potential applicants might have. Also, the IF occasionally organizes workshops, both for potential applicants and for awardees. Labor IN00852130 ►NES registered female unemployment cases transitioning into formal job (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 122,491.00 123,412.00 37,149.00 145,000.00 Date 31-Dec-2014 29-Nov-2019 29-May-2020 31-Dec-2020 NOTE 1: See comment for PDO indicator on number of unemployed transitioning to formal employment. NOTE 2: Value for end-2019 is 132,708 Comments: NOTE 2: For 2020 the number of unemployed transitioning into a formal job has significantly decreased due to the COVID-19 pandemic crisis. IN00852133 ►Number of field visits to employers per year by the NES (Number) (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 15,927 (field visits) 23,604 18,406 18,000 Date 31-Dec-2014 29-Nov-2019 31-Dec-2019 31-Dec-2020 Note: This indicator is tracked semi-annually. The latest available data for this indicator is for end-2019; this indicator will be updated in the next Project Progress Report by the PIU (expected in July 2020) and Comments: reflected in the next ISR. IN00852136 ►% of total NES staff that is operating as certified case worker [DLI 6] (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 88.07 89.39 85.00 Date 31-Dec-2014 30-Sep-2019 30-Apr-2020 31-Dec-2020 IN00852138 ►Standard Deviation of mean case load per branch office over all branch offices [DLI 7] (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 381.00 271.00 269.00 260.00 Date 01-Jan-2015 30-Sep-2019 30-Apr-2020 31-Dec-2020 IN00852140 ►Gross placement rate of NES start-up support program for self-employment 6 months from completion (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target 6/25/2020 Page 7 of 10 The World Bank Implementation Status & Results Report Serbia Competitiveness and Jobs (P152104) Value 95.00 94.01 97.03 98.00 Date 31-Dec-2013 29-Nov-2019 31-Dec-2019 31-Dec-2020 Reported rate is for gross placement, while baseline and target values were originally for net placement. Baseline and target values have been updated to also refer to gross placement rate. Note: This indicator is tracked semi-annually. The latest available data for this indicator is for end-2019; Comments: this indicator will be updated in the next Project Progress Report by the PIU (expected in July 2020) and reflected in the next ISR. IN00852142 ►Gross placement rate of NES hiring subsidy program for new employment 6 months from completion (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 84.00 84.55 85.54 85.00 Date 31-Dec-2013 29-Nov-2019 31-Dec-2019 31-Dec-2020 Reported rate is for gross placement, while baseline and target values were originally for net placement. Baseline and target values have been updated to also refer to gross placement rate. Note: This indicator is tracked semi-annually. The latest available data for this indicator is for end-2019; Comments: this indicator will be updated in the next Project Progress Report by the PIU (expected in July 2020) and reflected in the next ISR. IN00852143 ►Number of new or re-designed ALMPs in the NES [DLI 8] (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 1.00 Date 31-Jan-2014 29-Nov-2019 29-May-2020 31-Dec-2020 IN00852146 ►Citizen engagement: Number of employers reached by client satisfaction and needs survey (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1,100.00 1,484.00 3,000.00 Date 31-Dec-2014 31-Dec-2018 29-May-2020 31-Dec-2020 NOTE: Survey for 2019 has been completed, with 2,800 responses. In addition to this survey, NES is performing other citizen engagement activities. For example in 2019 about 70 job fairs have been organized across the country, with over 50,000 unemployed and about 1,000 employers attending. Also, Comments: NES is conducting regular field visits to employers (see indicator above). It also performs regular surveys of unemployed to assess the satisfaction with services provided. However, due to the COVID-19 pandemic these activities have so far been postponed for 2020. Performance-Based Conditions Data on Financial Performance Disbursements (by loan) 6/25/2020 Page 8 of 10 The World Bank Implementation Status & Results Report Serbia Competitiveness and Jobs (P152104) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P152104 IBRD-85280 Effective USD 100.00 100.00 0.00 77.16 22.91 77% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P152104 IBRD-85280 Effective 16-Sep-2015 07-Oct-2015 31-Mar-2016 30-Jun-2019 30-Jun-2021 Cumulative Disbursements PBC Disbursement Achievement Disbursed amount in Disbursement % PBC ID PBC Type Description Coc PBC Amount Status Coc for PBC Restructuring History Level 2 Approved on 10-May-2018 ,Level 2 Approved on 14-Apr-2020 Related Project(s) 6/25/2020 Page 9 of 10 The World Bank Implementation Status & Results Report Serbia Competitiveness and Jobs (P152104) There are no related projects. 6/25/2020 Page 10 of 10