IDA FINANCIAL ASSISTANCE IN IDA17 PROGRESS REPORT ON COMMITMENTS AND DISBURSEMENTS Development Finance IDA and IBRD Corporate Finance (DFCII) March, 2018 ACRONYMS AND ABBREVIATIONS Fiscal year (FY) = July 1 to June 30 AFR Africa Region CRW Crisis Response Window DPF Development Policy Financing DSF Debt Sustainability Framework ECA Eastern Europe and Central Asia Region EAP East Asia and Pacific Region FCSs Fragile and Conflict-affected States FY Fiscal Year IBRD International Bank for Reconstruction and Development IDA International Development Association IPF Investment Project Financing LCR Latin America and the Caribbean Region MNA Middle East and North Africa Region PEF Pandemic Emergency Financing Facility PforR Program-for-Results SAR South Asia Region SUF Scale-up Facility TABLE OF CONTENTS EXECUTIVE SUMMARY ......................................................................................................................... i I. INTRODUCTION .............................................................................................................................. 1 II. IDA17 FINANCIAL ASSISTANCE ................................................................................................. 1 LIST OF ANNEXES Annex 1: IDA Financial Assistance in FY16 ............................................................................... 10 Annex 2: IDA Financial Assistance in FY17 ............................................................................... 18 Annex 3: List of IDA-eligible Countries in IDA17 ...................................................................... 24 Annex 4: List of FCSs during IDA17 ........................................................................................... 25 Annex 5: IDA Commitments ........................................................................................................ 26 Annex 6: Long-Term Trends in IDA Commitments (FY06-FY17) ............................................. 32 Annex 7: IDA Portfolio by Region and Country at end-FY16 and end-FY17 ............................. 34 Annex 8: IDA Disbursements: FY16-FY17 Statistics and Long-Term Trends (FY06-FY17) .... 36 Annex 9: IDA17 Crisis Response Window Projects (US$ million) ............................................. 41 Annex 10: IDA17 Regional Projects (US$ million) ..................................................................... 43 Annex 11: IDA17 Financing Through the Scale-up Facility ........................................................ 45 LIST OF FIGURES AND TABLES Figures Figure 1. IDA17 Commitments by Region ..................................................................................... 2 Figure 2. IDA14-IDA17 Commitments by Lending Instrument .................................................... 3 Figure 3. IDA17 Commitments by Major Sector ........................................................................... 4 Figure 4. IDA Disbursements by Lending Instrument (IDA14-IDA17) ........................................ 6 Figure 5. IDA17 Disbursements by Region .................................................................................... 7 Figure 6. IDA Portfolio Size by Region in FY17 ........................................................................... 8 Figure 7. Long-Term Trends in IDA Undisbursed Balances (FY06-FY17) .................................. 9 Tables Table 1. IDA17 Commitments Funded Under the Crisis Response Window ................................ 5 Table 2. IDA17 Commitments for Regional Projects ..................................................................... 5 Table 3. IDA17 Financing Through the Scale-up Facility ............................................................. 6 Table 4. IDA17 IDA Disbursements, Top Ten Recipients ............................................................. 7 EXECUTIVE SUMMARY i. This paper presents a summary of IDA commitments for new projects and disbursements for projects under implementation during the IDA17 period. In addition, the paper provides a summary of IDA financial assistance in FY16 and FY17. IDA Commitments • Total IDA17 commitments reached a record US$54.6 billion and comprised of credits in the amount of US$46.6 billion (85 percent), grants of US$6.9 billion (13 percent), and guarantees of US$1.1 billion (2 percent) for a total of 643 operations. FY16 and FY17 commitments totaled US$16.2 and US$19.5 billion, respectively, and would add to FY15 commitments of US$19.0 billion to a total of US$54.6 billion for the three-year IDA17 period. • There were 78 IDA eligible countries 1 at the end of IDA17 of which 5 countries were in non-accrual status. In addition to 78 countries, India, which graduated at the end of IDA16, received exceptional transitional support in the amount of US$3.2 billion during IDA17, and two IBRD countries, Lebanon and Jordan, received IDA financing (total of US$200 million) as an urgent response to the refugee crisis. • By region, the Africa region received the largest share of IDA commitments in IDA17 (54 percent), followed by South Asia (26 percent), East Asia (13 percent), Europe and Central Asia (3 percent), and Latin America and the Caribbean region and Middle East and North Africa (about 2 percent, each). • By lending instrument, commitments to Investment Project Financing, Development Policy Financing, and Program-for-Results accounted for 78 percent, 12 percent, and 10 percent of total IDA17 commitments, respectively. • By sector, commitments to infrastructure projects accounted for 37 percent of total IDA17 commitments while the support for social sectors amounted to 30 percent. The remainder of total IDA17 commitments went to agriculture, fishing, and forestry, and public administration (12 percent and 11 percent, respectively). IDA17 commitments in sectors that directly or indirectly support private sector growth (including infrastructure) accounted for 47 percent. • Support to fragile and conflict-affected situations as well as to small states increased during IDA17 period. IDA commitments to Fragile and Conflict-affected States totaled US$10.1 billion and commitments to small states amounted to US$0.8 billion in IDA17. • By financing windows, support through the Crisis Response Window totaled about US$1.8 billion, of which 54 percent was provided in grants. The Africa region accounted for 61 percent of IDA17 Crisis Response Window resources. IDA17 top-up financing from the regional program totaled US$2.8 billion, of which 21 percent was provided in grants. The Africa region received 75 percent of commitments funded by the regional IDA 1 Includes Syrian Arab Republic, which reclassified from IBRD to IDA-only in FY17. -ii- program. IDA support through the Scale-up Facility, introduced in FY16, totaled US$3.8 billion, of which 66 percent went to Africa region. IDA Disbursements • Total IDA17 disbursements amounted to US$38.8 billion. FY16 and FY17 disbursements totaled US$13.2 billion and US$12.7 billion, respectively, and would add to FY15 disbursements of U$12.9 billion to a total of 38.8 billion. • By region, the Africa region accounted for 52 percent of total disbursements in IDA17, followed by South Asia (32 percent), East Asia (10 percent), Europe and Central Asia (3 percent), and Latin America and the Caribbean region and Middle East and North Africa (about 2 percent each). The majority of total IDA17 disbursements went to the top ten recipients (US$24.4 billion or 63 percent), including India, Bangladesh, Pakistan, Vietnam, Ethiopia, Nigeria, Kenya, Tanzania, Congo, Democratic Republic, and Ghana. • By lending instrument, disbursements to investment lending, Development Policy Financing, and Program-for-Results accounted for 80 percent, 15 percent, and 5 percent of total IDA17 disbursements, respectively. • IDA total active portfolio, comprised of all active projects under implementation, stood at US$105.7 billion at the end of IDA17 period. The number of IDA projects in the portfolio totaled 919 compared to 851 at the end of IDA16. The Africa region accounted for 52 percent of IDA net commitments at the end of IDA17, followed by South Asia (30 percent) and East Asia and Pacific regions (12 percent). By country, India, Bangladesh, Vietnam, Nigeria, Ethiopia, Kenya, Pakistan, and Tanzania had the largest IDA portfolios under implementation at the end of IDA17 (55 percent of total IDA active portfolio at the end-of IDA17). • Total IDA undisbursed balances amounted to US$60 billion at the end of IDA17. The average ratio of undisbursed balances to total IDA project portfolio was at 57 percent in IDA17. • Disbursement ratio. The annual IDA disbursement ratio for investment operations (the ratio of IDA investment disbursements in a fiscal year to IDA undisbursed investment balance at the start of the fiscal year) stood at an average of 21 percent in IDA17. I. INTRODUCTION 1. This paper presents a summary of the financial assistance provided by the International Development Association (IDA) during IDA17 period, which comprises fiscal years 15 through 17. In addition, a detailed discussion on IDA financial assistance in FY16 and FY17 is presented in Annex 1 and Annex 2, respectively. 2 II. IDA17 FINANCIAL ASSISTANCE A. IDA17 COMMITMENTS 1. During the IDA17 period, total commitments reached a record US$54.6 billion compared to US$53.3 billion committed during the IDA16 period. The commitments comprised of US$46.6 billion in credits 3 (85 percent), US$6.9 billion in grants 4,5 (13 percent), and about US$1.1 billion in guarantees (2 percent) for a total of 643 new operations. 6,7 2. With five graduates at the end of IDA16, and one country (Syria) moving from IBRD to IDA, seventy-eight countries 8 were eligible for IDA resources during the IDA17 period compared to 82 countries during IDA16 (Annex 3). Angola, Armenia, Bosnia and Herzegovina, Georgia, and India graduated at the end of IDA16 period, while the Syrian Arab Republic was reclassified from International Bank of Reconstruction and Development (IBRD) to IDA country in FY17. At the end of IDA17, three countries, Bolivia, Sri Lanka, and Vietnam, graduated from IDA to IBRD, but these countries will receive non-concessional financing from IDA during IDA18 to ensure their successful transition. 3. Seventy-two of 78 IDA-eligible countries received IDA financing during IDA17. Only 6 countries, including 5 countries with credits in non-accrual status at the end of FY17 9 and Dominica did not receive any IDA commitments during the cycle. IDA-only countries (56) received a total of US$37 billion or 67 percent of total IDA17 commitments. Blend countries (16) received US$14 billion or 26 percent of total commitments. In addition to the 78 IDA-eligible 2 FY16 is the second and FY17 is the third year of the IDA17 implementation period. A separate report is available that reports on commitments and disbursements in FY15, the first year of IDA17. The report can be accessed here. 3 This includes commitments financed through the SUF (US$3.8 billion) and transitional support to India (US$3.2 billion). 4 Grant eligibility is based on the “traffic light” system that relies on the joint IMF-World Bank Debt Sustainability Framework (DSF) for low-income countries. 5 This includes US$50 million grant to the Pandemic Emergency Financing Facility (PEF), which will offer coverage to all IDA-eligible countries for the first 3 years. 6 Total IDA commitments include commitments for all operations that are financed either fully or partially out of IDA resources. On the total number of IDA’s new operations, this paper follows the new methodology which includes in the total count the following operations that are financed either partially or fully out of IDA resources: (i) IBRD/IDA blend operations, (ii) supplemental DPOs, and (iii) additional financing of investment projects related to cost overruns and restructuring. 7 IDA16 total commitments comprised of US$44.4 billion in credits, US$7.5 billion in grants and US$1.4 billion in guarantees. 8 This number excludes India, an IDA-graduate at the end of FY14, but which received transitional support on an exceptional basis through the IDA17 period; and includes Syrian Arab Republic, which was reclassified from IBRD to IDA-only, effective September 29, 2016. For a complete list of IDA-eligible countries in FY17, please refer to Annex 3. 9 Eritrea, Sudan, Somalia, Syrian Arab Republic, and Zimbabwe. -2- countries, India was a recipient of IDA transitional support in the amount of US$3.2 billion (6 percent of total commitments), and two IBRD countries, Jordan and Lebanon, received IDA financing in a total amount of US$200 million (0.4 percent of total IDA17 commitments), on an exceptional basis as an urgent response to a refugee crisis during IDA17. 10 4. Support to Fragile and Conflict-affected States (FCSs) as well as to small states 11 increased during IDA17 period. IDA commitments to FCSs increased by 32 percent, up to US$10.1 billion in IDA17 compared to US$7.7 billion in IDA16 12 and commitments to small states increased by 21 percent (US$0.7 billion in IDA16 to US$0.8 billion in IDA17). 13 5. The ten largest country recipients accounted for 54 percent of total IDA17 commitments. 14 Of these, Bangladesh (about US$4.6 billion), Vietnam and Ethiopia (each almost US$4 billion), followed by Nigeria and Pakistan (each about US$3.6 billion), Tanzania (US$2.9 billion), Kenya (US$2.2 billion), Myanmar (US$1.7 billion), and Ghana and Democratic Republic of Congo (each about US$1.4 billion) 15 (Annex 5, Table A5.2). 6. By region, Africa received the Figure 1. IDA17 Commitments by Region largest share of 54 percent of total IDA17 commitments (Figure 1). Total IDA17 commitments for the Africa region amounted to about US$29.7 billion, which is a 15 percent increase from US$25.8 billion in IDA16. Almost half of AFR commitments (47 percent) went to 5 countries (Ethiopia, Nigeria, Tanzania, Kenya, and Ghana). SAR had the second largest share of 26 percent (US$14.3 billion), of total IDA17 commitments, down by 20 percent from IDA16, which is largely due to India’s graduation at the end of IDA16. 16 Bangladesh and Pakistan received 57 percent of total IDA17 commitments in the region. EAP region experienced an increase of 15 percent (from US$5.9 billion in IDA16 to US$6.8 billion in IDA17), mainly due to 10 The remaining of total IDA17 IDA commitments was accounted for regional organizations (US$233 million or 0.4 percent) and the PEF (US$50 million or 0.1 percent). 11 Fragile states are based on the World Bank Group Harmonized Lists of Fragile Situations in the corresponding fiscal years (Annex 4). Small states are countries with population of 1.5 million or less. 12 Total amounts include guarantees. IDA17 amount includes Yemen's portfolio restructuring and excludes IDA support to Lebanon in FY17 (IBRD country, which is also an FCS in FY17). 13 Commitment amounts for FCSs and small states include regional projects. 14 India, which received US$3.2 billion through the exceptional transitional support, is excluded from the top ten. 15 Country commitments exclude amounts received through regional operations. 16 IDA16 commitments in India was US$6.8 billion compared to US$3.2 billion in IDA17. -3- higher commitments in Myanmar 17 as well as new commitments in Cambodia and Vanuatu, which did not have any projects approved during IDA16. Vietnam accounted for 58 percent of total IDA17 commitments in the region. ECA region’s commitments decreased by 21 percent from US$1.9 in IDA16 to US$1.5 billion in IDA17, largely due to the graduation of 3 countries at the end of the IDA16 cycle (Armenia, Bosnia and Herzegovina, and Georgia). Lending to the MNA region (2 percent of total IDA17 commitments) more than doubled to US$1.2 billion in IDA17 compared to IDA16, reflecting IDA support for a regional drought response, support to a refugee crisis, 18 as well as IDA portfolio restructuring in Yemen in FY17. LCR received US$1 billion (2 percent) of total IDA17 commitments, which is 25 percent lower than IDA16 commitments in the region, largely due to the exceptional IDA support to Haiti through the Crisis Response Window (CRW) during IDA16. 7. By lending instrument type, investment lending accounted for the largest share of 78 percent (US$42.6 billion) of total IDA17 commitments (Figure 2). The decrease of investment lending from 84 percent share during IDA16 to 78 percent in IDA17 was offset by almost triple increase of Program-for-Results (PforR) during IDA17 (US$5.6 billion or 10 percent of IDA17 commitments) compared to IDA16 (US$2 billion or 4 percent of IDA16 commitments). The share of Development Policy Financing (DPFs) remained stable at 12 percent (US$6.4 billion) (Annex 6, Table A6.1). Figure 2. IDA14-IDA17 Commitments by Lending Instrument 17 IDA17 commitments in Myanmar was US$1.7 billion compared to US$802 million in IDA16 as the country was re-engaged in FY13 (second year of IDA16 cycle). 18 Jordan and Lebanon received IDA financing in the amount of US$100 million, each, in FY17. -4- 8. By sector, the largest Figure 3. IDA17 Commitments by Major Sector share of IDA17 commitments supported infrastructure and social sectors (Figure 3). While support to infrastructure in IDA17 was at 37 percent of total commitments compared to 43 percent in IDA16, IDA support to social sectors increased to 30 percent of total commitments in IDA17 compared to 25 percent in IDA16 (Annex 5, Table A5.4). Within infrastructure, information and communications technologies had the largest increase by 43 percent compared to IDA16, while energy and extractives sector commitments went down by 31 percent compared to IDA16. Within social sectors, IDA17 commitments in health and social protection sectors increased by 49 percent and 45 percent, respectively, from IDA16. Support to agriculture, fishing, and forestry as well as public administration sectors remained stable at around 12 percent of total IDA17 commitments compared to IDA16 shares in these sectors. Finally, IDA’s commitments in sectors that directly or indirectly support private sector growth (infrastructure, iindustry, trade and services and financial sectors) decreased to 47 percent of IDA17 commitments from 51 percent of total IDA16 commitments. This is largely due to lower commitments in energy and extractives sector even though IDA17 support to industry, trade and services and financial sectors went up by 34 percent and 54 percent, respectively, from IDA16. 9. IDA has continued its support through its special financing windows, including CRW and regional program. The CRW support has significantly increased during IDA17 period: a total of 19 countries from five regions, AFR, EAP, LCR, MNA, and SAR, received CRW resources in the amount of about US$1.8 billion (Annex 9), which is a doubling compared to US$0.9 billion in IDA16. Fifty-four percent of total IDA17 CRW commitments was provided in grants. The Africa region accounted for 61 percent of IDA17 CRW resources (Table 1). Total IDA17 commitments for regional projects amounted to about US$4.8 billion, 19 of which US$2.8 billion (about 60 percent) was funded by the regional IDA envelope (Table 2). Twenty one percent of commitments funded by the regional IDA was provided in grants. 20 Forty-four countries from all six regions benefitted from participation in regional projects; 75 percent (US$2.1 billion) of commitments funded by the regional IDA envelope was utilized by Africa region (Annex 10). 19 Regional projects that did not receive IDA financing from the regional program allocation are excluded. 20 The top-up funding from the regional program for countries at high risk of debt distress was on 100% grant terms, while for countries at low or moderate risk of debt distress the funding was provided on applicable IDA credit terms. -5- Table 1. IDA17 Commitments Funded Under the Crisis Response Window 1/ % share of Total of which from Region Regions from (US$ mill) CRW (US$ mill) CRW Africa 1,432 1,067 61% South Asia 355 300 17% East Asia and Pacific 269 160 9% Latin America and Caribbean 100 100 6% Middle East and North Africa 200 125 7% Total 2,356 1,752 100% 1/ Includes projects fully or partially supported by the CRW. Table 2. IDA17 Commitments for Regional Projects 1/, 2/ of which from % share of Total Region Regional IDA Regions from (US$ mill) (US$ mill) Regional IDA Africa 3,406 2,126 75% South Asia 769 369 13% East Asia and Pacific 417 238 8% Europe and Central Asia 83 53 2% Latin America and Caribbean 70 32 1% Middle East and North Africa 20 18 1% Total 4,764 2,836 100% 1/ Regional projects that did not receive IDA financing from the regional program allocation are excluded. 2/ Excludes US$50 million grant to Pandemic Emergency Financing Facility (PEF). 10. IDA provided additional support to through the introduction of the Scale-up Facility (SUF) in FY16, which offered non-concessional financing to eligible countries. Fifteen countries from five regions received IDA support through the SUF in the amount of US$3.8 billion (7 percent of total IDA commitments in IDA17) that partially or fully supported 31 operations (Annex 11). The Africa region received 66 percent of the total amount committed through the SUF during the IDA17 period (Table 3). -6- Table 3. IDA17 Financing Through the Scale-up Facility B. IDA17 DISBURSEMENTS 11. IDA17 disbursements increased by 9 percent compared to IDA16, to a total of US$38.8 billion.21 Disbursements for investment operations continued an upward trend (by 6 percent over IDA16) to a total of US$30.8 billion (80 percent of total IDA17 disbursements), while disbursements for DPFs continued a downward trend to a total of US$6 billion (decrease by 7 percent over IDA16) (Figure 4). Disbursements for PforRs significantly increased from US$140 million (0.4 percent share) in IDA16 to about US$2 billion (5 percent share) in IDA17 reflecting a large increase in the use of PforR financing instrument since its introduction in 2012 (Annex 8, Table A8.2-A8.3). Figure 4. IDA Disbursements by Lending Instrument (IDA14-IDA17) 12. Ten countries from Africa, East Asia and Pacific, and South Asia regions accounted for 63 percent (US$24.4 billion) of total IDA17 disbursements (Table 4). Forty-four percent of 21 Excludes disbursement of US$50 million to the PEF in FY17. -7- the total top ten amount was disbursed in Africa and in South Asia regions, each, followed by East Asia region (12 percent). Six countries among the top ten recipients from the Africa region received almost a third of total IDA17 disbursements (28 percent). Disbursements in India, Bangladesh and Pakistan also represent almost a third of total IDA17 disbursements (27 percent). Disbursements in Vietnam accounted for 8 percent of total IDA17 amount. Table 4. IDA17 IDA Disbursements, Top Ten Recipients IDA17 Disbursements Country Region (US$ mill) India SAR 4,311 Bangladesh SAR 3,193 Pakistan SAR 3,153 Vietnam EAP 2,939 Ethiopia AFR 2,894 Nigeria AFR 2,569 Kenya AFR 1,596 Tanzania AFR 1,526 Congo, Democratic Republic of AFR 1,145 Ghana AFR 1,118 Total for top ten recipients 24,443 % share of total IDA17 disbursements 63% 13. By region, AFR accounted for Figure 5. IDA17 Disbursements by Region 52 percent of total disbursements in IDA17 (US$20 billion) (Figure 5), which is an increase by 10 percent over IDA16 disbursements in the region. Seventy-seven, 15 and 8 percent of disbursements in AFR resulted from investment operations, DPFs, and PforRs, respectively (Annex 5, Table A5.2-A5.3). Ethiopia, Nigeria, Kenya, Tanzania, and Democratic Republic of Congo accounted for almost half (49 percent) of disbursements in the region. In SAR, disbursements increased by 25 percent over IDA16 to a total of US$12.4 billion, of which 81, 17 and 1 percent resulted from investment operations, DPFs, and PforRs, respectively; India, Bangladesh, and Pakistan received the largest share (86 percent) of total IDA17 disbursements in the region. In EAP region, disbursements decreased by 18 percent to US$3.8 billion compared to US4.7 billion in IDA16; disbursements resulted from investment operations stood at 84 percent followed by DPFs and PforRs (12 and 4 percent, respectively); Vietnam -8- received the largest share of 76 percent in the region during IDA17. Disbursements to ECA region decreased by 33 percent compared to IDA16 to a total of US$988 million. Percent share of disbursements in LCR was slightly lower in IDA17 (by 1 percent) compared to IDA16, while the share of disbursements in MNA increased by 10 percent from US$575 million to US$630 million in IDA17. 14. IDA’s total active portfolio stood at about US$105.7 billion at the end of IDA17 compared to US$84.8 billion at the end of IDA16. This includes all active projects under implementation, including new IDA commitments during IDA17. The number of IDA projects in the portfolio totaled 919 compared to 851 at the end of IDA16. The Africa region accounted for 52 percent of IDA net commitments at the end of IDA17 (Figure 6), followed by South Asia (30 percent) and the East Asia and Pacific region (12 percent). By country, India, Bangladesh, Vietnam, Nigeria, Ethiopia, Kenya, Pakistan, and Tanzania had the largest IDA portfolios under implementation at the end of IDA17 (Annex 7). Together these countries’ portfolio accounted for 55 percent of total IDA active portfolio at the end-of IDA17. Figure 6. IDA Portfolio Size by Region in FY17 -9- 15. Total IDA undisbursed balance increased to US$60 billion at the end of IDA17, compared to US$54 billion at the end of IDA16, reflecting the high level of new commitments. Despite the increase in undisbursed balances, the average ratio of undisbursed balances to the total IDA project portfolio decreased from 63 percent in IDA16 to 57 percent in IDA17 (Figure 7). Figure 7. Long-Term Trends in IDA Undisbursed Balances (FY06-FY17) 16. The annual IDA disbursement ratio 22 for investment operations decreased from an average of 22 percent in IDA16 to 21 percent in IDA17. 22 The IDA disbursement ratio for investment operations is defined as the ratio of IDA investment disbursements in a fiscal year to IDA undisbursed investment balance at the start of the fiscal year. - 10 - Annex 1: IDA Financial Assistance in FY16 A. FY16 COMMITMENTS 1. Total FY16 IDA commitments amounted to about US$16.2 billion. This included US$14.4 billion in credits, 23 US$1.3 billion in grants, and US$500 million in guarantees, 24 and comprised 177 new operations. 25 Of the 77 IDA-eligible countries in FY16, 26 58 received new commitments. IDA-only countries received US$9.9 billion, with a 61 percent share of total commitments. Blend countries received US$5.1 billion, or 32 percent of total commitments. In addition to 77 IDA-eligible countries, India received transitional support from IDA in the amount of US$1 billion (6 percent of total FY16 commitments). 27 Nineteen countries did not receive any IDA commitments in FY16. These countries fell into one or more of the following categories: (i) countries with credits in non-accrual status in FY16; 28 (ii) small, mainly island, economies that tend to not have new operations every year, 29 and (iii) countries where IDA country dialogue did not lead to any commitments in FY16. 30 2. The ten largest country recipients accounted for 67 percent of the total FY16 IDA commitments. Of these, Ethiopia and Vietnam received about US$1.7 billion each, Bangladesh, Pakistan and Nigeria received US$1.6 billion, US$1.5 billion and US$1.1 billion, respectively, followed by the next five largest recipients – India (US$1 billion), Tanzania (US$825 million), Kenya (US$618 million), Ghana (US$500 million), and Sri Lanka (US$412 million). 31 23 This includes commitments financed through the SUF (US$300 million) and transitional support to India (US$1 billion). 24 The sum of components of different financial indicators may not always equal the total amount for these indicators due to rounding. 25 Total IDA commitments include commitments for all operations that are financed either fully or partially out of IDA resources. On the total number of IDA’s new operations, this paper follows the new methodology which includes in the total count the following operations that are financed either partially or fully out of IDA resources: (i) IBRD/IDA blend operations, (ii) supplemental DPOs, and (iii) additional financing of investment projects related to cost overruns and restructuring. 26 This number excludes India, which graduated from IDA at the end of FY14 but received transitional support on an exceptional basis through the IDA17 period. For complete list of IDA-eligible countries in IDA17, please refer to Annex 3. 27 The remaining of total FY16 IDA commitments was accounted for IDA’s commitments to regional organizations (about 0.6 percent). 28 Eritrea, Somalia, Sudan, and Zimbabwe. 29 Bhutan, Comoros, Dominica, Maldives, Marshal Islands, Micronesia, Fed. States of, Sao Tome and Principe, St. Lucia, St. Vincent and the Grenadines, and Timor-Leste. 30 Haiti, Mongolia, Nicaragua, Papua New Guinea, and Yemen, Republic of. 31 Country commitments exclude commitments under the regional projects. - 11 - Commitments by Region and Country 3. Africa Region: The Africa region Figure A1.1. FY16 IDA Commitments by (AFR) received the largest IDA Region commitments during FY16 (Figure A1.1). Commitments to Africa reached US$8.7 billion, accounting for 54 percent of total IDA commitments (Annex 5, Table 5.1). By country, Ethiopia (US$1.7 billion), Nigeria (US$1 billion), Tanzania (US$825 million), Kenya (US$618 million), and Ghana (US$500 million) were the largest recipients of IDA commitments in FY16. These five countries together accounted for more than half (55 percent) of Africa’s FY16 IDA commitments and almost one third (29 percent) of total FY16 commitments. 4. South Asia Region: The South Asia region (SAR) remained the second largest region to receive IDA financing in FY16. Commitments to SAR amounted to US$4.7 billion, representing 29 percent of total committed resources in FY16. By country, Bangladesh received the largest commitments in the region (US$1.6 billion) followed by Pakistan and India with US$1.5 billion and US$1 billion, respectively. These three countries together accounted for 86 percent of IDA’s total commitments in the region in FY16. 5. East Asia and the Pacific Region: IDA commitments in East Asia and the Pacific region (EAP) amounted to US$2.3 billion, accounting for 14 percent of total IDA commitments in FY16. By country, Vietnam was the largest recipient in the region (US$1.7 billion) followed by Myanmar (US$400 million), together accounting for 89 percent of total EAP commitments in FY16. 6. Europe and Central Asia Region: The Europe and Central Asia region (ECA) received US$233 million, accounting for 1 percent of total FY16 IDA commitments. By country, Moldova was the largest recipient of IDA commitments (US$87 million), followed by Uzbekistan (US$62 million). Together, these two countries accounted for 64 percent of the region’s FY16 IDA commitments. 7. Latin America and the Caribbean Region: IDA commitments in the Latin America and the Caribbean region (LCR) amounted to US$183 million in FY16, accounting for 1 percent of total commitments. By country, Bolivia received the largest share of commitments in the region (US$120 million) followed by Honduras (US$50 million), which together accounted for 93 percent of the region’s FY16 IDA commitments. - 12 - 8. Middle East and North Africa Region: IDA commitments in the Middle East and North Africa region (MNA) amounted to US$31 million, 32 or 0.2 percent of total IDA commitments in FY16. Djibouti was the only recipient in the region in FY16. Commitments by Type of Lending Instrument 9. The introduction of the Program-for-Results (PforR) financing instrument in 2012 and its greater use during IDA17 has shifted the composition of lending instruments in FY16. (Annex 5, Table A5.1; Annex 6). While the share of investment lending in total commitments was slightly down to 77 percent compared to 80 percent in FY15 and below the average share of 84 percent during IDA15-16 (Figure A1.2), IDA support through the PforR instrument significantly increased from 7 percent (US$1.3 billion) of total commitments in FY15 to 12 percent (US$1.9 billion) of total IDA commitments in FY16. At the same time, the share of Development Policy Financing (DPFs) was down to 12 percent compared to 14 percent in FY15. Figure A1.2. Long-Term Trends in IDA Commitments by Lending Instrument (FY06-FY17) 10. In terms of sectors 33 supported through different types of lending instruments, Investment Project Financing (IPFs) (US$12.4 billion) mainly supported infrastructure (41 percent), social sectors 34 (33 percent) and agriculture, fishing and forestry (14 percent) (Annex 5, Table A5.3). 32 This includes US$20 million of the regional operation implemented in two regions, AFR and MNA (P152822 - HOA: Support to Forced Displacement in Ethiopia, Uganda, and Djibouti) 33 As of July 1, 2016, sector codes have been revised/ replaced by new sector taxonomies. See “Sector Taxonomies and Definitions”, July 1, 2016, The World Bank, Operations Policy and Country Services. There are currently 65 sector codes used for project classification that are grouped into 11 “major sectors.” 34 The infrastructure grouping is comprised of the following four major sectors in the Bank’s sector classification system: Energy and Extractives; Information and Communications Technologies; Transportation; and Water, Sanitation and Waste - 13 - The DPF operations (US$1.9 billion) were focused on support to public administration and infrastructure (34 percent, each), and industry, trade and services (16 percent). The PforR operations mainly supported social sectors (45 percent), infrastructure (38 percent), and public administration (15 percent). Commitments by Financing Terms 11. By financing terms, IDA credits totaled US$14.4 billion,35 accounting for 89 percent of total IDA commitments in FY16. This includes US$300 million provided through the Scale-up Facility (Annex 11) 36 introduced in FY16 and US$1 billion of transitional support to India. Commitments on grant terms amounted to US$1.3 billion, representing 8 percent of total FY16 IDA commitments. IDA also financed one project based guarantee for the total amount of US$500 million, 37 which accounted for 3 percent of total FY16 commitments. Sectoral Composition of IDA Commitments 12. By broader sector groupings, support for Figure A1.3. FY16 IDA Commitments by Major infrastructure accounted for 40 Sector percent of the total IDA commitments in FY16 (Figure A1.3, Annex 5, Table A5.3). Within infrastructure, energy and extractives accounted for 17 percent, followed by transportation and by water, sanitation and waste management (14 percent and 8 percent, respectively), and information and communications technologies (0.5 percent). The support to infrastructure also accounted for commitments in sectors that directly or indirectly support private sector growth, defined as including infrastructure, industry, trade and services, and financial sector. Overall, IDA’s support to private sector development through financial commitments in these sectors accounted for 48 percent of total IDA commitments in FY16 (US$7.7 billion). The support to social sectors accounted for 32 percent; the remainder of total IDA’s commitments in FY16 went to agriculture, fishing and forestry and public administration (11 percent and 9 percent, respectively). Management. The social sectors are comprised of three major sectors: Education; Health; and Social Protection. For more details on sectoral breakdown, see the section on “Sectoral Composition of IDA Commitments.” 35 The terms of these credits vary by country (regular terms, blend terms, hard terms, transitional support or SUF), based on each country’s IDA classification in FY16 and lending eligibility (see OP3.10 Annex D as of July 2015). 36 US$200 million was provided to Tanzania and US$100 million to Pakistan. 37 IDA Guarantee for the Republic of Ghana in support of Sankofa Gas Project (P152670). - 14 - B. FY16 DISBURSEMENTS IDA Portfolio 13. IDA’s total active portfolio stood at US$99 billion at the end of FY16. This includes all active projects under implementation, including new IDA commitments in FY16. The number of IDA projects in the portfolio totaled 876 (Annex 7). 51 percent of IDA net commitments was concentrated in the Africa region at the end of FY16 (Figure A1.4). SAR accounted for 33 percent of commitments in the portfolio and EAP for 11 percent; ECA, LCR and MNA accounted for 3 percent, 2 percent and 1 percent, respectively. By country, India (US$12.6 billion; 55 projects), Bangladesh (US$9.6 billion; 38 projects), Vietnam (US$7.4 billion; 41 projects), Nigeria (US$7.4 billion; 26 projects), and Ethiopia (US$6.8 billion; 25 projects) had the largest IDA portfolios under implementation. Figure A1.4. IDA Portfolio Size by Region in FY16 - 15 - Disbursements by Type of Lending Instrument 14. IDA’s disbursements stood at US$13.2 billion in FY16. This includes US$9.8 billion in disbursements for investment operations, US$2.6 billion in disbursements for DPFs, and US$810 million in disbursements for PforRs (Annex 8, Table A8.1). As shown in Figure A1.5, the FY16 total disbursement amount was close to FY15 amount, with lower percentage share of IPFs (74 percent) and higher share of DPFs (19 percent). Figure A1.5. Long-Term Trends in IDA Disbursements: IPFs versus DPFs (FY06-FY17) Regional Distribution 15. Africa Region: AFR accounted for the majority of IDA disbursements in FY16, representing more than half (US$6.8 billion) of total IDA disbursements (Figure A1.6). Of this, disbursements for IPFs, DPFs, and PforRs amounted to US$4.8 billion, US$1.4 billion, and US$668 million, respectively. By country, Ethiopia (US$1.1 billion), Nigeria (US$832 million), Kenya (US$489 million), Ghana (US$473 million), Tanzania (US$431 million), and Mozambique (US$367 million) accounted for the largest share of disbursements in the region (Annex 8, Tables A8.1-A8.2). - 16 - 16. South Asia Region: SAR Figure A1.6. FY16 IDA Disbursements by accounted for the second largest share of Region IDA disbursements in FY16, at 34 percent (US$4.5 billion). By country, disbursements in India were the largest in the region at US$1.5 billion, followed by Pakistan (US$1.4 billion) and Bangladesh (US$1 billion). 17. East Asia and the Pacific Region: EAP’s share of total IDA disbursements in FY16 was 9 percent. By country, Vietnam continued to account for the largest share of disbursements in the region (76 percent) of total IDA disbursements in the region in FY16. 18. ECA, LCR, and MNA accounted for 3 percent, 2 percent, and 0.3 percent of total IDA disbursements in FY16, respectively. FY16 Top Ten Recipients of IDA Resources 19. The majority of IDA resources disbursed in FY16, US$8.5 billion or 65 percent, went to the top ten borrowers (Table A1.1). By region, South Asia and Africa received 46 percent and 43 percent of the total top ten amount, respectively, followed by East Asia region (11 percent). Table A1.1. FY16 IDA Disbursements, Top Ten Recipients Undisbursed Balances. 20. Total IDA undisbursed balances slightly increased to US$55.3 billion at the end of FY16, compared to US$53.4 billion at the end of FY15, reflecting the new IDA commitments - 17 - in FY16. The ratio of undisbursed balances to total project portfolio decreased to 56 percent in FY16 compared to 58 percent in FY15 (Figure 7, p.9). Disbursement Ratio 21. The IDA disbursement ratio for investment operations 38 decreased to 19.3 percent in FY16, down from 22.7 percent in FY15. IDA disbursements for investment operations totaled US$9.8 billion in FY16, slightly down from US$10.5 billion in FY15. 38 The IDA disbursement ratio for investment operations is defined as the ratio of IDA investment disbursements in a fiscal year to IDA undisbursed investment balance at the start of the fiscal year. - 18 - Annex 2: IDA Financial Assistance in FY17 A. FY17 COMMITMENTS 1. Total FY17 IDA commitments amounted to about US$19.5 billion. This included US$16.2 billion in credits, US$3.2 billion in grants, 39 and about US$50 million in guarantees, and comprised 261 new operations. Of the 78 countries IDA-eligible countries 40 eligible in FY17, 72 received new commitments. IDA-only countries received US$13.6 billion, with a 70 percent share of total commitments. Blend countries received US$5.1 billion, or 26 percent of total commitments. In addition to 78 IDA-eligible countries, India received transitional support in the amount of US$508 million (2.6 percent), and two IBRD countries, Jordan and Lebanon, each received IDA financing in the amount of US$100 million (1 percent) in FY17 on an exceptional basis as an urgent response to a refugee crisis. 41 Only Dominica and countries with credits in non- accrual status at the end of FY17 42 did not receive any IDA commitments in FY17. 2. The ten largest country recipients accounted for 51 percent of the total FY17 IDA commitments. Of these, Vietnam and Nigeria received US$1.5 billion each, followed by Tanzania and Bangladesh (each about US$1.2 billion), Ethiopia (US$903 million), Kenya (US$800 million), Yemen (US$783 million) and Pakistan, Côte d'Ivoire, and Nepal (US$736 million, US$660 million, and US$640 million, respectively) in FY17. 43 Commitments by Region and Country 3. Africa Region: The Africa region received the largest IDA commitments during FY17 (Figure A2.1), accounting for 55 percent (US$10.7 billion) of total IDA’s FY17 commitments (Annex 5, Table 5.1). By country, Nigeria (US$1.5 billion), Tanzania (US$1.2 billion), Ethiopia (US$903 million), Kenya (US$800 million), and Côte d'Ivoire (US$660 million) were the largest recipients of IDA commitments in FY17. These five countries together accounted for almost half (48 percent) of Africa’s FY17 IDA commitments. 4. South Asia Region: The South Asia region remained the second largest region. Commitments to SAR amounted to US$3.8 billion or 20 percent of total committed resources in FY17. By country, Bangladesh received the largest commitments in the region (US$1.2 billion) followed by Pakistan (US$736 million). These two countries together accounted for almost half of IDA’s total commitments in the region in FY17. 39 The amount includes US$50 million grant to the PEF. 40 This number excludes India, which graduated from IDA at the end of FY14 but received transitional support on an exceptional basis through the IDA17 period and includes Syrian Arab Republic, reclassified from IBRD to IDA-only, effective September 29, 2016. For complete list of IDA-eligible countries in IDA17, please refer to Annex 3. 41 The remaining of total FY17 IDA commitments was accounted for regional organizations (0.4 percent) and the PEF (0.3 percent). 42 Eritrea, Sudan, Somalia, Syrian Arab Republic, and Zimbabwe. 43 Country commitments exclude amounts received through regional operations; Yemen’s commitments include the country’s portfolio restructuring in FY17. - 19 - 5. East Asia and the Pacific Region: Figure A2.1. FY17 IDA Commitments by IDA commitments in East Asia and the Region Pacific region amounted to US$2.7 billion, accounting for 14 percent of total IDA commitments in FY17. By country, Vietnam was the largest recipient in the region (US$1.5 billion) followed by Myanmar (US$616 million), together representing 79 percent of the total EAP commitments in FY17. 6. Europe and Central Asia Region: The Europe and Central Asia region received US$739 million, accounting for 4 percent of total FY17 IDA commitments. By country, Uzbekistan and Tajikistan were the largest recipients of IDA commitments (US$323 million and US$226 million, respectively). Together, these two countries accounted for 74 percent of the region’s FY17 IDA commitments. 7. Latin America and the Caribbean Region: IDA commitments in the Latin America and the Caribbean region amounted to US$504 million in FY17, accounting for 3 percent of total commitments. By country, Nicaragua and Haiti received the largest share of commitments in the region (US$195 million and US$186 million), which together accounted for 76 percent of the region’s FY17 IDA commitments. 8. Middle East and North Africa Region: IDA commitments in the Middle East and North Africa region amounted to US$1 billion million or 5 percent of total IDA commitments in FY17. The significant increase in commitments compared to previous years was due to large amount in commitments in Yemen, Republic of (US783 million) 44 and IDA support to two IBRD countries, Jordan and Lebanon, in the total amount of US$200 million. Commitments by Type of Lending Instrument 9. IDA commitments for investment lending accounted for 78 percent of FY17 commitments (Annex 5, Table A5.1; Annex 6), which was almost the same as the share of investment lending in total commitments in FY16 (Annex 1, Figure A1.2) and slightly lower than 80 percent in FY15. The share of Development Policy Financing (DPFs) continued a downward trend from 14 percent in FY15 to 12 percent in FY16 to 10 percent in FY17. The support through the Program-for-Results (PforR) instrument continued an upward trend from 7 percent of total commitments in FY15 to 12 percent in FY16 and to 13 percent in FY17. 10. In terms of sectors supported through different types of lending instruments, the committed funds for investment operations (US$15.1 billion) mainly supported infrastructure (49 44 Includes Yemen’s portfolio restructuring (US$500 million) in FY17. - 20 - percent), social sectors (20 percent) and agriculture, fishing and forestry (13 percent) (Annex 5, Table A5.3). The DPFs (US$1.9 billion) were focused on support to public administration (37 percent), financial sector (24 percent), and infrastructure (17 percent). The PforR operations (US$2.4 billion) mainly supported social sectors (71 percent), of which commitments in education sector amounted to US$1.2 billion (almost half of total PforR commitments in FY17), followed by public administration and industry, trade and services (16 percent and 10 percent, respectively). Commitments by Financing Terms 11. By financing terms, IDA credits totaled US$16.2 billion, 45 accounting for 83 percent of total IDA commitments in FY17. This includes US$3.5 billion provided through the SUF and US$508 million of transitional support to India. Commitments on grant terms amounted to US$3.2 billion, representing 16 percent of total FY17 IDA commitments. IDA also financed three guarantee products for the total amount of US$49.7 million,46 which accounted for 0.3 percent of total FY17 commitments. Sectoral Composition of IDA Commitments 12. By broader sector Figure A2.2. FY17 IDA Commitments by Major Sector groupings, support for infrastructure accounted for 40 percent of total IDA commitments in FY17 (Figure A2.2; Annex 5, Table A5.3). Within infrastructure, transportation accounted for 17 percent, followed by water, sanitation and waste management, energy and extractives (11 percent and 10 percent, respectively), and information and communications technologies, which increased from 0.5 percent in FY16 to 3 percent in FY17. IDA’s commitments in sectors that directly or indirectly support private sector growth (infrastructure, industry, trade and services, and financial sector) increased to 54 percent (US$10.6 billion) of total IDA commitments in FY17 compared to 48 percent (US$7.7 billion) in FY16 due to higher commitments in both, industry, trade and services, and financial sectors. The social sectors accounted for 25 percent. The remainder of total IDA’s commitments in FY17 went to agriculture, fishing and forestry and public administration (10 percent each). 45 The terms of these credits vary by country (regular terms, blend terms, hard terms, transitional support or SUF), based on each country’s IDA classification in FY17 and lending eligibility (see Bank Directive’s Annex 2 “IBRD/IDA and Blend Countries Per Capita Incomes, Lending Eligibility, and Repayment Terms”, July 2016). 46 IDA Guarantees were provided to Mali, Sierra Leone and Zambia (US$6.2 million, US$40 million, and US$3.5 million). - 21 - B. FY17 DISBURSEMENTS IDA Portfolio 13. IDA’s total active portfolio stood at US$106 billion at the end of FY17 compared to US$99 billion in FY16. This includes all active projects under implementation, including new IDA commitments for FY17. The number of IDA projects in the portfolio totaled 919 compared to 876 in FY16 (Annex 7). Africa region accounted for 52 percent of IDA net commitments at the end of FY17 (Figure 6, p.8), followed by South Asia (30 percent) and the East Asia and Pacific region (12 percent). By country, India (US$11.6 billion; 53 projects), Bangladesh (US$9.4 billion; 39 projects), Vietnam (US$8.5 billion; 43 projects), Nigeria (US$7.5 billion; 24 projects), Ethiopia (US$7.3 billion; 26 projects), Kenya, Pakistan and Tanzania (US$4.8 billion, US$4.6 billion, US$4.2 billion, respectively) had the largest IDA portfolios under implementation. Together these countries’ portfolio accounted for 55 percent of total IDA active portfolio at the end- of FY17. Disbursements by Type of Lending Instrument 14. Total IDA disbursements accounted for US$12.7 billion in FY17. 47 This includes disbursements of US$10.5 billion for IPFs, US$1.4 billion for DPFs, and US$725 million for PforRs (Annex 8, Table A8.1). The share of investment operations went up to 83 percent compared to 74 percent in FY16, while the share of DPFs decreased from 19 percent to 11 percent (Annex 1, Figure A1.5). Regional Distribution 15. Africa Region: AFR accounted Figure A2.3. FY17 IDA Disbursements by for the majority of IDA disbursements in Region FY17, representing more than half (52 percent) of the total IDA disbursements (Figure A2.3). Of this, disbursements for investment operations, DPFs, and PforRs amounted to US$5.4 billion, US$689 million, and US$543 million, respectively. Five countries, Ethiopia (US$1 billion), Nigeria (US$807 million), Kenya (US$577 million), Tanzania (US$463 million), and Congo, Democratic Republic of (US$396 million) accounted for the largest share of disbursements in the region (50 percent) (Annex 8, Tables A8.1-A8.2). 16. South Asia Region: SAR accounted for the second largest share of 47 The amount excludes US$50 million grant to the PEF. - 22 - IDA disbursements in FY17, at 31 percent. By country, India and Bangladesh, the largest recipients in the region in FY17, accounted for 66 percent (about US$1.3 billion, each). 17. East Asia and the Pacific Region: EAP’s share of total IDA disbursements in FY17 was 9 percent. By country, Vietnam continued to account for the largest share of disbursements in the region (US$743 million), or 65 percent of total IDA disbursements in FY17 in the region. 18. MNA, ECA, and LCR, accounted for 3 percent, 2 percent, and 2 percent of total IDA disbursements in FY17, respectively. Disbursements in MNA region increased from US$44 million in FY16 to US$391 million in FY17, mainly reflecting larger disbursements in Yemen, Republic of (US$330 million). FY17 Top Ten Recipients of IDA Resources 19. The majority of IDA disbursements in FY17, US$7.7 billion or 61 percent, went to the top ten countries (Table A2.1). By region, 47 percent and 43 percent of the total top ten amount was disbursed in Africa and South Asia regions, respectively, followed by East Asia region (10 percent). Table A2.1. FY17 IDA Disbursements, Top Ten Recipients Undisbursed Balances 20. Total IDA undisbursed balance increased to US$60 billion at the end of FY17, compared to US$55 billion at the end of FY16. The ratio of undisbursed balances to total project portfolio stood at 56.7 percent in FY17, slightly above 56 percent in FY16 (Figure 7, p. 9). - 23 - Disbursement Ratio 21. The IDA disbursement ratio for investment operations 48 increased to 20.6 percent in FY17 compared to 19.3 percent in FY16. IDA disbursements for investment operations totaled US$10.5 billion in FY17, which is the same as in FY15 and up from US$9.8 billion in FY16. 48 The IDA disbursement ratio for investment operations is defined as the ratio of IDA investment disbursements in a fiscal year to IDA undisbursed investment balance at the start of the fiscal year. - 24 - Annex 3: List of IDA-eligible Countries in IDA17 a/ 1. This Annex presents the list of countries eligible for IDA financing during IDA17. Eligibility for IDA financing is based on a country’s relative poverty, and lack of creditworthiness for market-based borrowing. The relative poverty is measured by a country’s gross national income per capita against the operational cutoff for IDA eligibility that is updated annually (US$1,215 in FY15 and FY16 and US$1,185 in FY17). Creditworthiness is measured by a country’s access to IBRD lending and other commercial sources of capital. Africa Africa (continued) Europe and Central Asia (continued) Benin Sierra Leone Moldova b/ Burkina Faso Somalia c/ Tajikistan Burundi Sudan c/ Uzbekistan b/ Cabo Verde b/ South Sudan Cameroon b/ Tanzania Latin America and the Caribbean Central African Republic Togo Bolivia b/ Chad Uganda Dominica b/ Comoros Zambia Grenada b/ Congo, Dem. Rep. Zimbabwe b/, c/ Guyana Congo, Republic b/ Haiti Côte d’Ivoire East Asia and the Pacific Honduras Eritrea c/ Cambodia Nicaragua Ethiopia Kiribati St Lucia b/ Gambia Laos, People's Democratic Republic St Vincent and the Grenadines b/ Ghana Marshall Islands Guinea Micronesia, Fed. Sts. Of Middle East and North Africa Guinea-Bissau Mongolia b/ Djibouti Kenya Myanmar Syrian Arab Republic d/ Lesotho Papua New Guinea b/ 4-c Yemen, Republic Liberia Samoa 6-b Madagascar Solomon Islands South Asia Malawi Timor-Leste b/ 5-c Afghanistan Mali Tonga Bangladesh Mauritania Tuvalu Bhutan Mozambique Vanuatu Maldives Niger Vietnam b/ Nepal Nigeria b/ 6-c, 2-d Pakistan b/ Rwanda Europe and Central Asia 7-c, 3-d Sri Lanka b/ Sao Tome and Principe Kosovo 8-c, 1-d Senegal Kyrgyz Republic 9-c, 4-d a/ There are 78 countries on this list: of these, 60 are IDA-only countries and 18 are blend countries. One country, India, is excluded (graduated at the end of IDA16 cycle and received transitional support from IDA during IDA17 period). b/ Blend Countries. c/ Non-accrual status. d/ Syrian Arab Republic reclassified from IBRD to IDA-only, effective September 29, 2016. - 25 - Annex 4: List of FCSs during IDA17 1/ Region Country FY15 FY16 FY17 SAR Afghanistan Y Y Y AFR Burundi Y Y Y AFR Central African Republic Y Y Y AFR Chad Y Y Y AFR Comoros Y Y Y AFR Congo, Democratic Republic of Y Y Y AFR Côte d'Ivoire Y Y Y MNA Djibouti Y AFR Eritrea Y Y Y AFR Gambia, The Y Y AFR Guinea-Bissau Y Y Y LCR Haiti Y Y Y EAP Kiribati Y Y Y ECA Kosovo Y Y Y AFR Liberia Y Y Y AFR Madagascar Y Y Y AFR Mali Y Y Y EAP Marshall Islands Y Y Y EAP Micronesia, Federated States of Y Y Y EAP Myanmar Y Y Y EAP Papua New Guinea Y AFR Sierra Leone Y Y Y EAP Solomon Islands Y Y Y AFR Somalia Y Y Y AFR South Sudan Y Y Y AFR Sudan Y Y Y MNA Syria Y EAP Timor-Leste Y Y AFR Togo Y Y Y EAP Tuvalu Y Y Y MNA Yemen, Republic of Y Y Y AFR Zimbabwe Y Y Y Total Number of Countries 28 29 31 1/ Fragile states are based on the World Bank Group Harmonized Lists of Fragile Situations in the corresponding fiscal years. IBRD FCSs are excluded. - 26 - Annex 5: IDA Commitments Table A5.1. IDA Commitments by Region, Country, and Lending Instrument in FY16-FY17 (US$ million) FY16 FY17* Region Country DPFs IPFs PforRs Total DPFs IPFs PforRs Total AFR Africa Regional Projects 10 960 970 100 741 841 Burkina Faso 165 40 205 100 120 220 Burundi 55 55 115 115 Benin 80 80 173 173 Central African Republic 20 20 20 123 143 Congo, Republic of 30 30 55 55 Cote d'Ivoire 100 100 75 585 660 Cameroon 170 170 153 153 Cabo Verde 5 5 27 27 Ethiopia 1,138 600 1,738 753 150 903 Ghana 500 500 251 251 Gambia, The 19 19 56 20 76 Guinea 40 27 67 52 52 Guinea-Bissau 10 10 25 25 Kenya 368 250 618 750 50 800 Comoros 3 3 Liberia 32 32 52 40 92 Lesotho 55 55 33 33 Madagascar 55 198 253 65 130 195 Mali 50 50 100 50 51 101 Mauritania 18 18 26 17 43 Malawi 23 23 80 341 421 Mozambique 95 220 315 104 104 Niger 80 269 349 50 71 121 Nigeria 1,075 1,075 550 961 1,511 Rwanda 95 190 285 95 0 46 141 Sierra Leone 30 60 90 30 60 90 Senegal 50 50 100 60 473 533 South Sudan 40 40 50 50 Sao Tome and Principe 5 16 21 Chad 50 50 145 67 212 Togo 15 15 82 82 Tanzania 80 425 320 825 1,125 80 1,205 Uganda 100 100 150 200 350 Zambia 353 353 Congo, Democratic Republic of 366 366 525 525 Subtotal 735 6,731 1,210 8,676 1,009 8,183 1,487 10,679 EAP EAP Regional Projects 4 4 Micronesia, Federated States of 16 16 Cambodia 130 130 120 120 Kiribati 7 7 2 20 22 Lao People's Democratic Republic 30 30 39 25 64 Marshall Islands 20 20 Myanmar 400 400 200 416 616 Mongolia 99 99 - 27 - Table A5.1. IDA Commitments by Region, Country, and Lending Instrument in FY16-FY17 (US$ million) (continued) FY16 FY17* Region Country DPFs IPFs PforRs Total DPFs IPFs PforRs Total Papua New Guinea 128 128 Solomon Islands 2 2 36 36 Tonga 2 11 13 5 5 Timor-Leste 35 35 Tuvalu 3 3 6 3 3 Vietnam 90 900 680 1,670 1,359 153 1,512 Vanuatu 50 50 18 18 Samoa 17 17 5 5 Subtotal 95 1,549 680 2,324 254 2,296 153 2,703 ECA ECA Regional Projects 38 38 0 Kyrgyz Republic 24 24 24 65 89 Moldova 87 87 18 23 41 Tajikistan 10 10 226 226 Uzbekistan 62 62 323 323 Kosovo 11 11 62 62 Subtotal 0 233 0 233 42 698 0 739 LCR LCR Regional Projects 27 27 Bolivia 119 119 30 30 Grenada 10 10 9 9 Guyana 4 4 19 19 Honduras 50 50 25 25 Haiti 0 186 186 St. Lucia 2 2 Nicaragua 195 195 St. Vincent and the Grenadines 11 11 Subtotal 60 123 0 183 9 494 0 504 MNA Djibouti 31 31 28 28 Jordan 100 100 Lebanon 100 100 Yemen, Republic of 783 783 Subtotal 0 31 0 31 0 811 200 1,011 SAR Afghanistan 250 250 100 348 448 Bangladesh 1,557 1,557 1,152 1,152 Bhutan 24 24 India 1,025 1,025 383 125 508 Sri Lanka 412 412 100 150 33 283 Maldives 36 36 Nepal 20 20 100 205 335 640 Pakistan 1,000 460 1,460 302 335 100 736 Subtotal 1,000 3,723 0 4,723 626 2,608 593 3,827 Total 1,890 12,390 1,890 16,170 1,940 15,091 2,433 19,463 * FY17 commitments exclude US$50 million grant to Pandemic Emergency Financing Facility (PEF). - 28 - Table A5.2. IDA17 Commitments by Region, Country, and Lending Instrument (US$ million) IDA17* Region Country DPFs IPFs PforRs Total AFR Africa Regional Projects 210 3,890 4,100 Burkina Faso 200 415 40 655 Burundi 25 217 242 Benin 20 293 313 Central African Republic 20 165 185 Congo, Republic of 100 100 Cote d'Ivoire 245 755 1,000 Cameroon 423 423 Cabo Verde 10 32 42 Ethiopia 3,211 750 3,961 Ghana 550 881 1,431 Gambia, The 56 44 100 Guinea 90 129 219 Guinea-Bissau 40 40 Kenya 1,913 300 2,213 Comoros 3 9 12 Liberia 82 132 214 Lesotho 88 88 Madagascar 165 378 543 Mali 163 134 297 Mauritania 26 50 76 Malawi 80 519 599 Mozambique 330 483 813 Niger 130 456 586 Nigeria 275 1,825 1,461 3,561 Rwanda 260 190 246 696 Sierra Leone 90 120 210 Senegal 110 693 803 South Sudan 99 99 Sao Tome and Principe 5 16 21 Chad 195 85 280 Togo 97 97 Tanzania 180 1,970 722 2,872 Uganda 765 200 965 Zambia 483 483 Congo, Democratic Republic of 1,378 1,378 Subtotal 3,520 22,477 3,719 29,716 EAP EAP Regional Projects 17 17 Micronesia, Federated States of 69 69 Cambodia 250 250 Kiribati 5 33 38 Lao People's Democratic Republic 39 138 177 Marshall Islands 28 28 Myanmar 200 1,516 1,716 Mongolia 99 99 - 29 - Table A5.2. IDA17 Commitments by Region, Country, and Lending Instrument (US$ million) (continued) IDA17* Region Country DPFs IPFs PforRs Total Papua New Guinea 128 128 Solomon Islands 5 56 61 Tonga 12 22 34 Timor-Leste 35 35 Tuvalu 8 17 25 Vietnam 90 3,043 833 3,966 Vanuatu 129 129 Samoa 13 46 59 Subtotal 371 5,627 833 6,831 ECA ECA Regional Projects 0 83 83 Kyrgyz Republic 48 141 189 Moldova 18 139 157 Tajikistan 308 308 Uzbekistan 690 690 Kosovo 73 73 Subtotal 66 1,434 0 1,499 LCR LCR Regional Projects 27 27 Bolivia 100 149 249 Grenada 19 0 19 Guyana 23 23 Honduras 105 50 155 Haiti 236 236 St. Lucia 2 2 Nicaragua 280 280 St. Vincent and the Grenadines 11 11 Subtotal 224 777 0 1,001 MNA Djibouti 64 64 Jordan 0 0 100 100 Lebanon 0 100 100 Yemen, Republic of 976 976 Subtotal 0 1,040 200 1,240 SAR Afghanistan 100 620 720 Bangladesh 4,633 4,633 Bhutan 44 0 44 India 0 2,844 375 3,219 Sri Lanka 100 777 33 910 Maldives 39 39 Nepal 200 666 335 1,201 Pakistan 1,802 1,645 100 3,547 Subtotal 2,246 11,224 843 14,312 Overall Result 6,427 42,578 5,595 54,600 * IDA17 commitments exclude US$50 million grant to Pandemic Emergency Financing Facility (PEF). - 30 - Table A5.3. Sectoral Composition of IDA Commitments by Type of Lending Instrument in FY16-FY17 1/ FY16 FY17 Share of Share of Commitments Commitments (US$ m) Total2/ (%) (US$ m) Total2/ (%) Development Policy Financing Agriculture, Fishing and Forestry 73 3.9% 48 2.5% Education 11 0.6% 34 1.8% Energy and Extractives 622 32.9% 179 9.2% Financial Sector 89 4.7% 465 24.0% Health 11 0.6% 11 0.6% Industry, Trade and Services 310 16.4% 155 8.0% Information and Communications Technologies 0 0.0% 66 3.4% Public Administration 639 33.8% 727 37.5% Social Protection 117 6.2% 171 8.8% Transportation 18 0.9% 65 3.4% Water, Sanitation and Waste Management 0 0.0% 18 0.9% Total 1,890 100% 1,940 100% Investment Project Financing Agriculture, Fishing and Forestry 1,745 14.1% 1,904 12.6% Education 1,025 8.3% 582 3.9% Energy and Extractives 1,992 16.1% 1,712 11.3% Financial Sector 354 2.9% 762 5.1% Health 1,090 8.8% 929 6.2% Industry, Trade and Services 531 4.3% 1,141 7.6% Information and Communications Technologies 78 0.6% 453 3.0% Public Administration 571 4.6% 835 5.5% Social Protection 1,998 16.1% 1,482 9.8% Transportation 1,874 15.1% 3,206 21.2% Water, Sanitation and Waste Management 1,131 9.1% 2,084 13.8% Total 12,390 100% 15,091 100% Programs for Results Agriculture, Fishing and Forestry 30 1.6% 72 3.0% Education 395 20.9% 1,157 47.6% Energy and Extractives 200 10.6% 0 0.0% Health 90 4.8% 306 12.6% Industry, Trade and Services 0 0.0% 246 10.1% Public Administration 290 15.3% 392 16.1% Social Protection 360 19.0% 260 10.7% Transportation 385 20.4% 0 0.0% Water, Sanitation and Waste Management 140 7.4% 0 0.0% Total 1,890 100% 2,433 100% Total Commitments Agriculture, Fishing and Forestry 1,849 11.4% 2,025 10.4% Education 1,431 8.8% 1,773 9.1% Energy and Extractives 2,814 17.4% 1,891 9.7% Financial Sector 443 2.7% 1,227 6.3% Health 1,191 7.4% 1,246 6.4% Industry, Trade and Services 841 5.2% 1,541 7.9% Information and Communications Technologies 78 0.5% 519 2.7% Public Administration 1,500 9.3% 1,954 10.0% Social Protection 2,475 15.3% 1,913 9.8% Transportation 2,277 14.1% 3,271 16.8% Water, Sanitation and Waste Management 1,271 7.9% 2,102 10.8% Total 16,170 100% 19,463 100% 1/ FY17 commitments exclude US$50 million grant to Pandemic Emergency Financing Facility (PEF). 2/ Percent shares are calculated within each of the lending instrument group. - 31 - Table A5.4. Sectoral Composition of IDA Commitments by Type of Lending Instrument in IDA16-IDA17 1/2/ IDA16 IDA17 Commitments Share of Commitments Share of 3/ 3/ (US$ m) Total (%) (US$ m) Total (%) Development Policy Financing Agriculture, Fishing, and Forestry 398 6% 185 3% Education 238 4% 64 1% Energy and Extractives 1,259 20% 894 14% Financial Sector 467 7% 808 13% Health 105 2% 50 1% Industry, Trade and Services 866 14% 622 10% Information and Communications Techno 26 0% 67 1% Public Administration 2,416 39% 3,042 47% Social Protection 379 6% 480 7% Transportation 59 1% 168 3% Water, Sanitation and Waste Managemen 58 1% 46 1% Total 6,271 100% 6,427 100% Investment Project Financing Agriculture, Fishing, and Forestry 5,846 13% 6,056 14% Education 5,698 13% 3,341 8% Energy and Extractives 7,744 17% 5,077 12% Financial Sector 1,061 2% 1,535 4% Health 2,865 6% 3,489 8% Industry, Trade and Services 1,428 3% 2,172 5% Information and Communications Techno 545 1% 795 2% Public Administration 3,412 8% 2,303 5% Social Protection 3,736 8% 5,215 12% Transportation 6,919 15% 7,226 17% Water, Sanitation and Waste Managemen 5,763 13% 5,371 13% Total 45,019 100% 42,578 100% Programs for Results Agriculture, Fishing, and Forestry 0 0% 157 3% Education 15 1% 1,924 34% Energy and Extractives 0 0% 200 4% Financial Sector 0 0% 15 0% Health 146 7% 1,096 20% Industry, Trade and Services 0 0% 276 5% Information and Communications Techno 30 1% 0 0% Public Administration 830 41% 782 14% Social Protection 250 12% 620 11% Transportation 200 10% 385 7% Water, Sanitation and Waste Managemen 530 26% 140 3% Total 2,001 100% 5,595 100% Total Commitments Agriculture, Fishing, and Forestry 6,245 12% 6,398 12% Education 5,951 11% 5,329 10% Energy and Extractives 9,003 17% 6,171 11% Financial Sector 1,528 3% 2,358 4% Health 3,115 6% 4,635 8% Industry, Trade and Services 2,294 4% 3,069 6% Information and Communications Techno 601 1% 862 2% Public Administration 6,658 12% 6,127 11% Social Protection 4,365 8% 6,316 12% Transportation 7,178 13% 7,779 14% Water, Sanitation and Waste Managemen 6,351 12% 5,557 10% Total 53,290 100% 54,600 100% 1/ FY17 commitments exclude US$50 million grant to Pandemic Emergency Financing Facility (PEF). 2/ As of July 1, 2016, sector categories have been replaced by new sector taxonomies; data reported in previous reports may not match the new figures. 3/ Percent shares are calculated within each of the lending instrument group. - 32 - Annex 6: Long-Term Trends in IDA Commitments (FY06-FY17) Table A6.1. IDA Commitments by Region and Type of Lending Instrument (US$ million) 1/ Region Lend. Instr. Type FY06 FY07 FY08 IDA14 FY09 FY10 FY11 IDA15 FY12 FY13 FY14 IDA16 FY15 FY16 FY17 IDA17 Dev Pol Lend 1,327 932 1,750 4,008 1,505 1,444 1,348 4,296 1,290 896 919 3,105 1,776 735 1,009 3,520 Investment 3,415 4,827 3,907 12,149 6,336 5,735 5,656 17,728 6,089 6,803 8,594 21,485 7,562 6,731 8,183 22,477 AFR Program for Results 0 0 0 0 0 0 0 0 0 505 680 1,185 1,022 1,210 1,487 3,719 Subtotal 4,742 5,759 5,656 16,158 7,841 7,179 7,004 22,024 7,379 8,203 10,193 25,775 10,360 8,676 10,679 29,716 Dev Pol Lend 109 305 175 589 540 327 407 1,274 331 835 370 1,536 22 95 254 371 Investment 949 932 1,616 3,498 707 1,325 1,220 3,253 866 1,551 1,511 3,928 1,781 1,549 2,296 5,627 EAP Program for Results 0 0 0 0 0 0 0 0 0 200 250 450 680 153 833 Subtotal 1,057 1,237 1,791 4,086 1,247 1,652 1,627 4,527 1,197 2,586 2,131 5,914 1,803 2,324 2,703 6,831 Dev Pol Lend 95 98 61 254 60 261 77 399 120 138 135 393 24 42 66 Investment 418 324 396 1,137 324 359 577 1,261 242 591 633 1,465 503 233 698 1,434 ECA Program for Results 0 0 0 0 0 0 0 0 0 0 31 31 0 0 0 0 Subtotal 513 422 457 1,392 384 620 655 1,659 362 729 798 1,889 527 233 739 1,499 Dev Pol Lend 10 48 0 58 30 24 105 159 86 20 15 121 155 60 9 224 LCR Investment 247 152 307 705 172 216 355 743 362 415 445 1,222 160 123 494 777 Subtotal 256 200 307 763 202 240 460 902 448 435 460 1,343 315 183 504 1,001 Dev Pol Lend 0 0 51 51 0 0 70 70 0 0 0 0 0 0 0 0 Investment 367 216 216 799 172 214 53 439 80 249 199 528 198 31 811 1,040 MNA Program for Results 0 0 0 0 0 0 0 0 0 0 0 0 0 0 200 200 Subtotal 367 216 267 850 172 214 123 509 80 249 199 528 198 31 1,011 1,240 Dev Pol Lend 885 1,262 635 2,782 685 314 25 1,024 0 66 1,050 1,116 620 1,000 626 2,246 Investment 1,681 2,770 2,121 6,573 3,462 4,332 6,375 14,169 5,228 4,030 7,133 16,391 4,892 3,723 2,608 11,224 SAR Program for Results 0 0 0 0 0 0 0 0 60 275 335 250 0 593 843 Subtotal 2,566 4,032 2,756 9,355 4,148 4,645 6,400 15,192 5,288 4,096 8,458 17,842 5,762 4,723 3,827 14,312 Total 9,501 11,867 11,235 32,603 13,995 14,550 16,269 44,813 14,753 16,298 22,239 53,290 18,966 16,170 19,463 54,600 Memo Item: Total IDA Commitments by Lending Instrument (% share) Lend. Instr. Type FY06 FY07 FY08 IDA14 FY09 FY10 FY11 IDA15 FY12 FY13 FY14 IDA16 FY15 FY16 FY17 IDA17 Dev Pol Lend 26% 22% 24% 24% 20% 16% 12% 16% 12% 12% 11% 12% 14% 12% 10% 12% Investment 74% 78% 76% 76% 80% 84% 88% 84% 87% 84% 83% 84% 80% 77% 78% 78% Program for Results 0% 0% 0% 0% 0% 0% 0% 0% 0% 4% 6% 4% 7% 12% 13% 10% Total 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Lend. Instr. Type FY06 FY07 FY08 IDA14 FY09 FY10 FY11 IDA15 FY12 FY13 FY14 IDA16 FY15 FY16 FY17 IDA17 Dev Pol Lend 2,425 2,645 2,672 7,742 2,820 2,370 2,032 7,222 1,827 1,954 2,489 6,271 2,597 1,890 1,940 6,427 Investment 7,077 9,222 8,563 24,861 11,175 12,180 14,237 37,592 12,866 13,639 18,514 45,019 15,097 12,390 15,091 42,578 Prog4Reslts 0 0 60 705 1,236 2,001 1,272 1,890 2,433 5,595 Total 9,501 11,867 11,235 32,603 13,995 14,550 16,269 44,813 14,753 16,298 22,239 53,290 18,966 16,170 19,463 54,600 1/ FY17 commitments exclude US$50 million grant to Pandemic Emergency Financing Facility (PEF). - 33 - Table A6.2. Sectoral Composition of IDA Commitments (US$ million) 1/, 2/ FY06 FY07 FY08 IDA14 FY09 FY10 FY11 IDA15 FY12 FY13 FY14 IDA16 FY15 FY16 FY17 IDA17 Agriculture, Fishing, and Forestry 979 794 981 2,754 2,049 1,312 1,573 4,935 2,505 1,358 2,382 6,245 2,525 1,849 2,025 6,398 Education 941 1,600 1,246 3,787 1,976 2,151 1,151 5,278 1,737 1,788 2,426 5,951 2,124 1,431 1,773 5,329 Health 826 1,133 513 2,472 1,247 998 1,283 3,529 648 1,710 758 3,115 2,197 1,191 1,246 4,635 Social Protection 227 737 447 1,412 1,033 1,371 1,157 3,561 1,346 1,504 1,515 4,365 1,928 2,475 1,913 6,316 Energy and Extractives 954 1,232 1,420 3,606 2,657 1,339 1,472 5,469 2,334 2,232 4,438 9,003 1,466 2,814 1,891 6,171 Information and Communications Technologi 67 147 17 231 181 102 467 750 126 209 266 601 265 78 519 862 Transportation 1,099 1,427 1,869 4,395 1,479 2,445 3,826 7,750 1,149 2,842 3,187 7,178 2,231 2,277 3,271 7,779 Water, Sanitation and Waste Management 637 1,135 998 2,770 999 1,829 1,707 4,535 1,862 1,363 3,125 6,351 2,183 1,271 2,102 5,557 Financial Sector 280 478 454 1,212 404 1,019 284 1,707 375 485 669 1,528 688 443 1,227 2,358 Industry, Trade and Services 752 436 443 1,631 583 394 1,016 1,994 712 732 850 2,294 687 841 1,541 3,069 Public Administration 2,739 2,748 2,848 8,334 1,385 1,589 2,332 5,306 1,960 2,075 2,624 6,658 2,673 1,500 1,954 6,127 Total 9,501 11,867 11,235 32,603 13,995 14,550 16,269 44,813 14,753 16,298 22,239 53,290 18,966 16,170 19,463 54,600 1/ FY17 commitments exclude US$50 million grant to Pandemic Emergency Financing Facility (PEF). 2/ As of July 1, 2016, sector categories have been replaced by new sector taxonomies; data reported in previous reports may not match the new figures. Table A6.3. Sectoral Composition of IDA Commitments (% share) FY06 FY07 FY08 IDA14 FY09 FY10 FY11 IDA15 FY12 FY13 FY14 IDA16 FY15 FY16 FY17 IDA17 Agriculture, Fishing, and Forestry 10% 7% 9% 8% 15% 9% 10% 11% 17% 8% 11% 12% 13% 11% 10% 12% Education 10% 13% 11% 12% 14% 15% 7% 12% 12% 11% 11% 11% 11% 9% 9% 10% Health 9% 10% 5% 8% 9% 7% 8% 8% 4% 10% 3% 6% 12% 7% 6% 8% Social Protection 2% 6% 4% 4% 7% 9% 7% 8% 9% 9% 7% 8% 10% 15% 10% 12% Energy and Extractives 10% 10% 13% 11% 19% 9% 9% 12% 16% 14% 20% 17% 8% 17% 10% 11% Information and Communications Technolog 1% 1% 0.1% 1% 1% 1% 3% 2% 1% 1% 1% 1% 1% 0.5% 3% 2% Transportation 12% 12% 17% 13% 11% 17% 24% 17% 8% 17% 14% 13% 12% 14% 17% 14% Water, Sanitation and Waste Management 7% 10% 9% 8% 7% 13% 10% 10% 13% 8% 14% 12% 12% 8% 11% 10% Financial Sector 3% 4% 4% 4% 3% 7% 2% 4% 3% 3% 3% 3% 4% 3% 6% 4% Industry, Trade and Services 8% 4% 4% 5% 4% 3% 6% 4% 5% 4% 4% 4% 4% 5% 8% 6% Public Administration 29% 23% 25% 26% 10% 11% 14% 12% 13% 13% 12% 12% 14% 9% 10% 11% Total 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% - 34 - Annex 7: IDA Portfolio by Region and Country at end-FY16 and end-FY17 06/2016 06/2017 Net Commi- IDA Undisbursed Net Commi- IDA Undisbursed Number Number Region Country tment Undisbursed Balance as % tment Undisbursed Balance as % of IDA of IDA Amount Balance of Projects Amount Balance of Projects Projects Projects (US$ m) (US$ m) Porfolio (US$ m) (US$ m) Porfolio AFR Africa 60 9,351 5,506 59% 61 8,859 5,324 60% Angola 4 405 168 41% 4 405 116 29% Benin 13 526 218 41% 14 666 330 50% Burkina Faso 16 1,184 627 53% 18 1,288 569 44% Burundi 7 321 209 65% 8 386 290 75% Cabo Verde 2 24 7 29% 2 51 34 66% Cameroon 13 876 482 55% 11 859 483 56% Central African Rep. 6 141 32 23% 9 232 143 62% Chad 7 154 48 31% 8 321 159 50% Comoros 4 19 8 44% 3 14 8 56% Congo, Dem. Rep. of 20 2,333 1,361 58% 19 2,755 1,540 56% Congo, Republic of 8 117 76 65% 9 167 116 69% Cote d'Ivoire 6 388 180 47% 10 1,030 704 68% Ethiopia 25 6,837 3,864 57% 26 7,345 3,646 50% Gambia, The 5 60 34 56% 6 141 94 67% Ghana 19 1,858 605 33% 18 1,943 664 34% Guinea 10 232 171 73% 10 244 152 62% Guinea-Bissau 4 66 33 51% 4 91 50 55% Kenya 22 4,349 2,669 61% 23 4,817 2,769 57% Lesotho 8 149 94 63% 8 182 104 57% Liberia 13 396 191 48% 10 352 173 49% Madagascar 9 545 308 57% 11 685 342 50% Malawi 9 666 301 45% 12 1,026 514 50% Mali 13 755 388 51% 13 762 386 51% Mauritania 5 85 50 58% 7 128 50 39% Mozambique 20 1,712 814 48% 17 1,602 698 44% Niger 14 955 555 58% 13 966 495 51% Nigeria 26 7,377 4,152 56% 24 7,495 4,689 63% Rwanda 10 842 359 43% 9 793 239 30% Sao Tome and Principe 1 4 3 64% 3 25 16 64% Senegal 14 852 427 50% 18 1,385 876 63% Sierra Leone 9 174 108 62% 9 206 133 65% South Sudan 3 80 47 59% 4 130 86 66% Tanzania 26 4,172 1,944 47% 23 4,157 2,727 66% Togo 4 64 29 46% 7 146 101 69% Uganda 14 1,934 1,408 73% 16 2,154 1,522 71% Zambia 7 502 386 77% 12 851 659 77% Subtotal 456 50,506 27,863 55% 479 54,659 30,999 57% EAP EAP Regional Projects 5 16 13 83% 6 20 15 77% Cambodia 5 153 135 88% 8 273 246 90% Indonesia 1 133 0% 1 133 0% Kiribati 3 57 22 39% 5 79 37 46% Lao People's Dem. Rep. 14 359 177 49% 15 406 174 43% Marshall Islands 2 8 7 81% 3 28 26 93% Micronesia, Fed. States of 3 67 54 81% 3 84 64 77% Mongolia 7 146 94 65% 10 233 176 76% - 35 - Annex 7: IDA Portfolio by Region and Country at end-FY16 and end-FY17 (continued) 06/2016 06/2017 Net Commi- IDA Undisbursed Net Commi- IDA Undisbursed Number Number Region Country tment Undisbursed Balance as % tment Undisbursed Balance as % of IDA of IDA Amount Balance of Projects Amount Balance of Projects Projects Projects (US$ m) (US$ m) Porfolio (US$ m) (US$ m) Porfolio Myanmar 9 1,462 1,243 85% 13 2,078 1,657 80% Papua New Guinea 6 285 178 63% 10 413 273 66% Samoa 6 104 84 80% 6 104 73 70% Solomon Islands 4 40 27 66% 5 76 54 71% Timor-Leste 2 50 20 40% 1 80 42 52% Tonga 6 86 30 35% 6 89 24 27% Tuvalu 5 39 21 53% 4 38 17 44% Vanuatu 3 111 107 97% 4 129 116 90% Vietnam 41 7,422 4,672 63% 43 8,470 5,317 63% Subtotal 122 10,538 6,883 65% 143 12,731 8,310 65% ECA ECA Regional Projects 4 149 119 80% 4 149 101 68% Albania 1 35 4 12% 1 35 3 9% Armenia 4 109 60 55% 3 93 44 48% Azerbaijan 177 75 42% 177 51 29% Bosnia and Herzegovina 5 245 149 61% 5 242 97 40% Georgia 2 157 43 27% 2 157 33 21% Kosovo 8 131 75 57% 7 161 125 77% Kyrgyz Republic 9 148 101 68% 11 206 145 70% Moldova 7 272 154 57% 5 263 152 58% Tajikistan 10 169 116 69% 10 385 311 81% Uzbekistan 10 1,311 875 67% 9 1,460 1,060 73% Subtotal 60 2,903 1,771 61% 57 3,328 2,122 64% LCR LCR Regional Projects 5 152 110 72% 5 168 113 67% Bolivia 8 555 301 54% 7 546 269 49% Dominica 1 17 14 80% 1 17 12 73% Grenada 1 15 2 13% 2 14 1 8% Guyana 3 36 20 57% 5 55 29 53% Haiti 11 648 333 51% 13 781 456 58% Honduras 7 264 61 23% 4 164 54 33% Nicaragua 7 298 129 43% 9 473 267 56% St. Vincent and the Grenadines 1 11 11 100% Subtotal 43 1,984 969 49% 47 2,229 1,212 54% MNA Djibouti 7 56 32 57% 8 85 49 58% Jordan 100 52 52% Lebanon 1 100 99 99% Yemen, Republic of 15 745 461 62% 5 854 472 55% Subtotal 22 801 494 62% 14 1,139 672 59% SAR South Asia Regional Projects 5 805 631 78% 2 626 545 87% Afghanistan 15 1,007 395 39% 18 1,385 767 55% Bangladesh 38 9,565 5,684 59% 39 9,395 5,245 56% Bhutan 2 38 20 53% 3 62 17 27% India 55 12,604 6,641 53% 53 11,639 5,734 49% Maldives 2 17 9 52% 4 52 41 79% Nepal 18 1,422 730 51% 18 2,043 1,053 52% Pakistan 26 5,394 2,221 41% 27 4,617 2,153 47% Sri Lanka 12 1,484 1,030 69% 15 1,767 1,041 59% Subtotal 173 32,335 17,360 54% 179 31,585 16,597 53% Total 876 99,068 55,339 56% 919 105,671 59,912 57% - 36 - Annex 8: IDA Disbursements: FY16-FY17 Statistics and Long-Term Trends (FY06-FY17) Table A8.1. IDA Disbursements by Region, Country, and Lending Instrument in FY16-FY17 (US$ million) FY16 FY17* Region Country DPFs IPFs PforRs Total DPFs IPFs PforRs Total AFR Africa Regional Projects 43 43 59 59 Angola 49 49 50 50 Benin 20 124 144 0 72 72 Burkina Faso 146 155 7 308 145 186 8 340 Burundi 0 23 23 0 47 47 Cabo Verde 10 7 17 0 1 1 Cameroon 0 115 115 0 126 126 Central African Republic 25 25 19 17 36 Chad 50 30 80 78 13 91 Comoros 7 7 0 5 5 Congo, Dem. Republic of 0 366 366 0 396 396 Congo, Republic of 0 13 13 0 10 10 Cote d'Ivoire 146 89 235 121 80 200 Ethiopia 831 272 1,103 824 223 1,047 Gambia, The 17 17 22 22 Ghana 152 321 473 0 259 259 Guinea 0 39 39 39 46 85 Guinea-Bissau 0 9 9 0 10 10 Kenya 0 372 117 489 0 501 76 577 Lesotho 0 20 20 0 23 23 Liberia 0 131 131 51 34 85 Madagascar 55 69 124 62 93 156 Malawi 0 175 175 0 237 237 Mali 49 114 162 0 117 117 Mauritania 33 33 25 29 54 Mozambique 142 213 12 367 0 212 11 222 Niger 77 126 203 51 146 197 Nigeria 273 494 65 832 0 807 0 807 Rwanda 94 69 72 235 91 97 84 273 Sao Tome and Principe 0 1 1 5 2 7 Senegal 51 137 188 0 149 149 Sierra Leone 30 26 56 0 24 24 South Sudan 29 29 20 20 Tanzania 79 261 91 431 0 351 112 463 Togo 0 27 27 0 13 13 Uganda 0 144 34 178 0 209 29 238 Zambia 0 66 66 0 103 103 Subtotal 1,374 4,770 668 6,812 689 5,391 543 6,623 EAP EAP Regional Projects 3 3 3 3 Cambodia 0 4 4 0 9 9 Indonesia 0 -0 -0 0 -0 -0 Kiribati 9 9 2 6 8 Lao People's Dem. Rep. 0 47 47 40 46 85 Marshall Islands 1 1 1 1 Micronesia, Fed. States of 9 9 5 5 Mongolia 0 12 12 0 17 17 - 37 - Table A8.1. IDA Disbursements by Region, Country, and Lending Instrument in FY16-FY17 (US$ million) (continued) FY16 FY17* Region Country DPFs IPFs PforRs Total DPFs IPFs PforRs Total Myanmar 0 125 125 0 182 182 Papua New Guinea 24 24 32 32 Samoa 0 13 13 0 14 14 Solomon Islands 0 3 3 0 7 7 Timor-Leste 11 11 14 14 Tonga 2 16 18 5 5 11 Tuvalu 3 6 9 3 4 7 Vanuatu 3 3 7 7 Vietnam 0 858 54 912 88 580 74 743 Subtotal 5 1,145 54 1,204 138 932 74 1,145 ECA ECA Regional Projects 3 3 3 3 Albania 0 6 6 0 1 1 Armenia 0 18 18 0 14 14 Azerbaijan 0 14 14 0 22 22 Bosnia and Herzegovina 0 40 40 0 48 48 Georgia 0 39 39 0 5 5 Kosovo 0 8 8 0 11 11 Kyrgyz Republic 23 18 41 23 22 45 Moldova 0 36 10 46 17 19 2 38 Tajikistan 0 34 34 0 29 29 Uzbekistan 113 113 95 95 Subtotal 23 331 10 364 41 267 2 310 LCR LCR Regional Projects 1 1 1 1 Bolivia 0 75 75 0 56 56 Dominica 0 1 1 0 1 1 Grenada 10 2 12 9 4 13 Guyana 6 6 10 10 Haiti 55 55 56 56 Honduras 50 28 78 0 28 28 Nicaragua 0 69 69 0 58 58 St. Lucia 0 4 4 0 4 4 St. Vincent and the Grenadines 2 2 1 1 Subtotal 60 243 0 303 9 220 0 229 MNA Djibouti 0 8 8 0 13 13 Iraq 19 19 -1 -1 Jordan 0 0 0 48 48 Yemen, Republic of 0 17 17 0 330 330 Subtotal 0 44 0 44 0 343 48 391 SAR Afghanistan 0 107 107 0 69 69 Bangladesh 0 1,016 0 1,016 0 1,298 9 1,307 Bhutan 20 3 23 24 3 27 India 0 1,485 56 1,541 0 1,298 26 1,324 Maldives 0 6 6 0 3 3 Nepal 99 166 12 278 98 208 13 319 Pakistan 982 369 9 1,360 301 354 9 664 Sri Lanka 0 131 131 100 157 257 Subtotal 1,101 3,283 78 4,462 523 3,390 57 3,970 Total 2,564 9,816 810 13,190 1,400 10,544 725 12,668 Excludes disbursement of US$50 million to Pandemic Emergency Financing Facility (PEF) in FY17. - 38 - Table A8.2. IDA Disbursements by Region and Type of Lending Instrument (FY06-FY17) (US$ million) - 39 - Table A8.3. IDA17 Disbursements by Region and Type of Lending Instrument (US$ million) IDA17 Disbursements* Region Country DPFs IPFs PforRs Total AFR Africa Regional Projects 149 149 Angola 159 159 Benin 40 292 332 Burkina Faso 292 454 15 761 Burundi 24 106 130 Cabo Verde 26 16 42 Cameroon 362 362 Central African Republic 19 74 93 Chad 128 65 193 Comoros 3 16 19 Congo, Democratic Republic of 1,145 1,145 Congo, Republic of 34 34 Cote d'Ivoire 335 287 623 Ethiopia 2,227 667 2,894 Gambia, The 49 49 Ghana 152 966 1,118 Guinea 89 182 271 Guinea-Bissau 35 35 Kenya 1,373 223 1,596 Lesotho 55 55 Liberia 80 320 400 Madagascar 161 236 397 Malawi 526 526 Mali 106 377 483 Mauritania 25 75 100 Mozambique 322 595 34 951 Niger 198 367 565 Nigeria 471 2,033 65 2,569 Rwanda 252 247 213 711 Sao Tome and Principe 5 3 8 Senegal 51 441 492 Sierra Leone 60 175 235 South Sudan 85 85 Tanzania 179 1,081 265 1,526 Togo 13 70 83 Uganda 514 86 599 Zambia 241 241 Subtotal 3,030 15,433 1,568 20,031 EAP EAP Regional Projects 7 7 Cambodia 32 32 Indonesia -1 -1 Kiribati 5 25 30 Lao People's Democratic Republic 40 131 170 Marshall Islands 2 2 Micronesia, Federated States of 15 15 Mongolia 42 42 Myanmar 359 359 Papua New Guinea 82 82 - 40 - Table A8.3. IDA17 Disbursements by Region and Type of Lending Instrument (US$ million) (continued) IDA17 Disbursements continued* Region Country DPFs IPFs PforRs Total Samoa 7 33 40 Solomon Islands 5 14 19 Timor-Leste 34 34 Tonga 12 34 46 Tuvalu 8 14 22 Vanuatu 10 10 Vietnam 390 2,395 153 2,939 Subtotal 467 3,228 153 3,848 ECA ECA Regional Projects 7 7 Albania 17 17 Armenia 47 47 Azerbaijan 63 63 Bosnia and Herzegovina 112 112 Georgia 22 70 92 Kosovo 0 29 29 Kyrgyz Republic 71 71 143 Moldova 17 70 12 99 Serbia -0 -0 Tajikistan 88 88 Uzbekistan 292 292 Subtotal 111 866 12 988 LCR LCR Regional Projects 2 2 Bolivia 97 185 282 Dominica 3 3 Grenada 34 11 45 Guyana 22 22 Haiti 161 161 Honduras 105 93 198 Nicaragua 185 185 St. Lucia 12 12 St. Vincent and the Grenadines 6 6 Subtotal 236 679 916 MNA Djibouti 35 35 Iraq 54 54 Jordan 48 48 Yemen, Republic of 492 492 Subtotal 0 581 48 630 SAR Afghanistan 311 311 Bangladesh 3,173 20 3,193 Bhutan 44 8 52 India 4,228 83 4,311 Maldives 15 15 Nepal 197 552 41 789 Pakistan 1,783 1,336 34 3,153 Sri Lanka 100 427 527 Subtotal 2,124 10,050 177 12,351 Total 5,968 30,838 1,957 38,764 Excludes disbursement of US$50 million to Pandemic Emergency Financing Facility (PEF) in FY17. - 41 - Annex 9: IDA17 Crisis Response Window Projects (US$ million) IDA Of which Project Of which Project Commit Commit. CRW Allocation Country Project Name Approval Region CRW - ID Amt - from CRW - FY Grants Total Total Guinea P152359 Ebola Emergency Response Project FY15 25 25 25 Liberia P152359 Ebola Emergency Response Project FY15 52 52 52 Sierra leone P152359 Ebola Emergency Response Project FY15 28 28 28 Guinea P152980 Ebola Emergency Response Project - Additional Financing FY15 72 72 72 Ebola Response Liberia P152980 Ebola Emergency Response Project - Additional Financing FY15 AFR 115 115 115 Sierra leone P152980 Ebola Emergency Response Project - Additional Financing FY15 98 98 98 Guinea P151794 Emergency Macroeconomic and Fiscal Support Grant FY15 50 10 10 Liberia P146619 Poverty Reduction Support Credit II (P146619) FY15 30 10 10 Sierra Leone P146726 Emergency Economic and Fiscal Support Operation (EEFSO) FY15 30 10 10 Total 500 420 420 Flood Recovery Malawi P154803 Malawi Floods Emergency Recovery FY15 AFR 80 80 40 Total 80 80 40 Ethiopia- drought Ethiopia P146883 Additional Financing PSNP IV FY16 AFR 100 100 0 Total 100 100 0 Chad P162548 Development Policy Operations (DPO) FY17 80 80 80 Liberia P151502 LR-PRSC III (FY16) FY17 40 8 8 Guinea P158983 West Africa Agric Prod Progrm (WAAPP-1C) FY17 23 15 0 Economic shock AFR Guinea P125890 GN: Economic Governance Technical Assist FY17 22 7 7 Liberia P161939 Second AF LR Road Asset Management FY17 40 12 0 Sierra Leone P156651 Productivity and Transparency Support Cr FY17 30 20 8 Total 235 142 103 Malawi P160519 Second Additional Financing for MASAF IV FY17 70 11 0 Malawi P161392 Malawi Drought Recovery and Resilience FY17 104 9 9 Madagascar P160554 Social Safety Net Drought Response FY17 35 20 20 Drought Impact AFR Lesotho P160934 Crisis response AF to SA project FY17 20 20 0 Mozambique P161559 Emergency Resilient Recovery Project AF FY17 20 20 0 Mozambique P129524 MZ-Social Safety Net project FY17 10 10 0 Total 259 90 29 - 42 - Annex 9: IDA17 Crisis Response Window Projects (US$ mill) (continued) IDA Of which Project - Of which Project Commit Commit. CRW Allocation Country Project Name Approval Region CRW - ID Amt - from CRW - FY Grants Total Total Kenya P161179 AF for the NSNP FY17 50 35 0 Ethiopia P163350 ET Productive Safety Nets Project 4 FY17 108 100 0 AFR Famine Response South Sudan P163559 Emergency Food and Nutrition FY17 50 50 50 Eastern Africa P163830 Emergency Drought Response and Recovery Project FY17 50 50 50 Yemen P159053 Yemen Emergency Crisis Response Project FY17 MNA 200 125 125 Total 458 360 225 Nepal P133777 Financial sector stability DPC2 FY15 100 50 0 Earthquake Response Nepal P155969 Earthquake Housing Reconstruction Project FY15 SAR 200 200 0 Nepal P157607 NP: Road Sector Development Project FY17 55 50 0 Total 355 300 0 Solomon Islands P149282 Solomon Islands Rural Development Program II FY15 9 4 2 Floods Recovery Solomon Islands P149886 Economic Reform and Recovery DPO FY15 EAP 5 2 2 Solomon Islands P152709 AF(CRW) for SB-Rapid Employment Project FY16 2 1 1 16 7 5 Cyclone Pam Recovery Tuvalu P156169 Supplemental Financing for Second DPO FY16 EAP 3 3 3 Total 3 3 3 Cyclone Pam Recovery Vanuatu P156505 Infrastructure Reconstruction and Improvement Project FY16 EAP 50 50 25 Total 50 50 25 Floods and Landslides Myanmar P158194 Flood and Landslide Emergency Recovery Project FY17 EAP 200 100 0 Total 200 100 0 Haiti P163199 HT Disaster Risk Mngmt & Reconstruction FY17 20 20 20 Haiti P163081 Agriculture and Rural Development FY17 35 35 35 Hurricane Matthew LCR Haiti P163199 HT Sustainable Rural WSS Project FY17 20 20 20 Haiti P163313 HT Improving Maternal and Child Health FY17 25 25 25 Total 100 100 100 Overall Total 2,356 1,752 950 - 43 - Annex 10: IDA17 Regional Projects (US$ million) - 44 - Annex 10: IDA17 Regional Projects (US$ million) (continued) - 45 - Annex 11: IDA17 Financing Through the Scale-up Facility IDA Of which Fiscal Project Commit. Region Country Project Name Commit. Year No. Amt - from SUF Total FY16 Africa Tanzania P153781 TZ-Rural Electrificatn Expansn Progr-SUF 200 200 Subtotal 200 200 South Asia Pakistan P155350 Sindh Resilience Project (SRP) 100 100 Subtotal 100 100 Total FY16 300 300 FY17 Africa Benin P161015 ESIP 60 60 Cote d'Ivoire P151324 CI-Infrastruc for Urb Dev and Compet-SUF 120 120 Cote d'Ivoire P157055 CI-Electricity Transmissn and Access-SUF 325 325 Ethiopia P156433 Second Ethiopia - Urban WSSP 445 125 Kenya P156634 WSDP 300 263 Rwanda P160488 Lake Victoria Transport Program - SOP1 81 81 Senegal P158655 SN - Electricity Sector Support (FY12) 70 70 Senegal P156186 Dakar BRT Pilot Project 300 270 Tanzania P159489 TZ-Strategic Cities Project 130 130 Tanzania P150361 Second-TZ-Water Sector Suport Project 225 125 Tanzania P150496 Dar es Salaam Maritime Gateway Project 345 345 Tanzania P150937 TZ-DSM Urban Transprt Improvmnt Proj-SUF 425 200 Zambia P159330 ZM-Improved Rural Connectivity Proj-SUF 200 200 Subtotal 3,026 2,314 East Asia and the Pacific Vietnam P159426 Medium Cities Development Project 53 40 Vietnam P159049 VN-Danang Sustainable City Development 73 73 Vietnam P159397 Scaling up Urban Upgrading Project 240 100 Subtotal 366 213 Europe and Central Asia Tajikistan P150816 Nurek Hydropower Rehabilitation Project 226 100 Subtotal 226 100 Latin America and Caribbean Bolivia P152281 BO Santa Cruz Road Corridor Connector 30 30 Nicaragua P160359 Rural & Urban Access Improvement Project 97 50 Subtotal 127 80 South Asia Bangladesh P159429 BD IPFF II 357 100 Bangladesh P159807 Dispatch Improvement Project 59 59 Pakistan P158099 Punjab Tourism for Economic Growth 50 50 Pakistan P158643 PK National Social Protection Program 100 100 Pakistan P159428 Financial Inclusion and Infrastructure 137 100 Pakistan P161136 Pakistan: Finance for Growth DPC 302 50 Pakistan P161980 Karachi Neighborhood Improvement Project 86 86 Sri Lanka P156056 LK-Social Safety Nets Project 75 75 Sri Lanka P157804 Sri Lanka Competitiveness DPL 100 100 Sri Lanka P159303 Sri Lanka Financial Sector Modernization 75 75 Subtotal 1,340 795 FY17 Total 5,084 3,501 IDA17 Total 5,384 3,801