S T714 o'A'A.htC Ref. No The Federal Democratic Republic of Ethiopia 4" ,2 4 Ministry of Finance Date The World Bank Ethiopia Country Office Addis Ababa Please find attached PBS Ill Sub-Program A and B and Enhancing Shared Prospererity through Equitable Service (ESPES) project, EFY 2010 (the year ended July 7, 2018) Annual Audit Report for Your view and consideration. The Audit report consists of _ pages. Sincerely, Cbnnnel One ProVTfIut r#fil Directorute Director Cc:- > Channel One Programs Coordinating Directorate > PBS FM Team MoF 0 9 JAN 2019 AAh 74.1. ihV. hlt flO.&f* Tel 251-11-155 24 00, 22 66 98 PO,Box 1905,1037 Fax 251-11-156 01 24,55 14 96 Addis Ababa-Ethiopia 251-11-155 00 81,83 86 89 251-11-155 11 38 MIYPt anAh 04A) fiVI +'PC ?,T+A- Ministry of Finance Addis Ababa Re: Submission of the PBS III Project Sub-Programs A and B and ESPES Program-Audit Repoprt It is to be recalled that the Ethiopian Government and the Development Partners have reached an Agreement regarding the Annual Audit of the Project Financial Statements of the promoting of Basic 'Services III (PBS III) Project Sub-programs A and F and Enhancing shared prosperity through Equitable service (ESPES) program to be submitted to the Ministry of Finance by Office of the Federal Auditor General. We have, therefore, attached herewith the PBS III Project Audit report for the Year ended sene 30, 2010 (7 July 2018) . Sincerely ,yours, EMECHU DUBISO ederal Auditoro tenerG a 9 eAN 2018 57 4yoursI THE FEDERAL DEMOCRATIC RPUBLIC OF ETHIOPIA MINISTRY OF FINANACE PROMOTING OF BASIC SERVICES III PROJECT SUB-PROGRAMS A AND B AND ENHANCING SHARED PROSPORITY THROUGH EQUITABLE SERVICE INDEPENDENT AUDITOR'S REPORT AUDIT FINDINGS AND RECOMMENDATIONS ON THE PROJECT FINANCIAL STATEMENTS FOR THE YEAR ENDED 7 JULY 2018 JANUARY, 2019 ADDIS ABABA I I INDEPENDENT AUDITOR'S REPORT ON THE PROJECT FINANCIAL STATEMENTS OF THE MINISTRY OF FINANCE AND ECONOMIC COOPERATION OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA I PROTECTION OF BASIC SERVICES (PBS) III PROJECT SUB-PROGRAMS A AND B AND ENHANCING SHARED PROSPITY THOUGHY EQUITABLE SERVICE (ESPES) PROJECT We have audited the accompanying Project Financial Statements of the Promoting of Basic Services III Project Sub-Programs A and B and Enhancing Shared Prosperity through Equitable Service (ESPES) project of the Ministry of Finance and Economic Cooperation of the Federal Democratic Republic of Ethiopia for the year ended 7 July 2018, which has been financed by IDA Financing Agreements IDA51620, IDA5716,IDA16301 Multi Donors Trust Fund Financing Agreement TF13952, Austria fund and Italy fund. Responsibility for the financial statement The preparation and fair presentation of the Project Financial Statements (PFSs) is the responsibility of the Ministry of Finance and Economic Cooperation. This audit is a special purpose audit for the Promoting of Basic Services III Project Sub-Programs A and B and Enhancing shared prosperity through Equitable service (ESPES) whose terms of reference are those given in the Terms of Reference for the audit of Promoting of Basic Services III (PBS III) Project Sub-Programs A and B and Enhancing Shared Prosperity thought Equitable Service (ESPES). Auditor's Responsibility Our responsibility is to express an opinion on these Project Financial Statements based on conducting the audit in accordance with the International Standards on Auditing and Terms of Reference for the Project Financial Statements and report on material inappropriate expenditure and other pertinent matters. We conducted our audit in accordance with the International Standards on Auditing (ISA) issued by the International Auditing and Assurance Standards Board of the International Federation of Accountants with special reference to ISA 800 and the World Bank relevant Guidelines for the World Bank financed projects. I III I a I U These Standards requires that we plan and perform the audit to obtain reasonable assurance that the financial statements are free from material misstatement. Our audit includes examining on a sample test basis of the evidence supporting the amounts and disclosures in the Financial Statements. Our audit also includes assessing the accounting principles used and significant estimates made by management as well as evaluating the overall financial statement presentation. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. In our opinion, the Project Financial Statements present fairly, in all material respects, the financial position as at 7 July 20183 and the cash receipts and disbursements for the year then ended of the Promoting of Basic Services III Project Sub- Programs A and Bl and Enhancing Shared Prosperity through Equitable Service of the Ministry of Finance and Economic cooperation of the Government of the Federal Democratic Republic of Ethiopia which were prepared on a modified cash basis and in accordance with the accounting policy of the Government of the Federal Democratic Republic of Ethiopia. Emphasis of matters: * Even though the financial statement of Benishangul Gumuz Regional State was included in the consolidated audited financial statement, we could not cover its annual audit due to security problems in the region. * Budget amounting Birr 437,797.50 allocated and approved for the Bureau was not used for the intended purpose, rather it was transferred to non-basic services providing sectors in Harari BOFEC. * A Bank transfer payment of Birr 399,802.00 made for Hawassa University health Science College was not supported by cash I I receipt voucher or acknowledgement letter of the recipient in SNNPR Health Bureau. Regional Council Office of SNNP * Local training payment sheet of birr 342,740.49 was not authorized by appropriate official. Health Bureau of Oromia Region * Expenditure of birr 1,000,000.00 incurred for sponsor ship payment made for 25 Bureaus' employees candidates to up-grade their profession at Adama Hospital medical College was paid without relevant supportive evidence like list of the candidates and Cash receipt of the recipient college. In addition, in our opinion, in all material respects: * During the year, all external financing has been used in accordance with the conditions of the relevant financing agreements and only used for the purposes for which the financing was provided; Except for the matter disclosed in the Emphasis of matter paragraph and management letter. Counterpart funds have been provided and used in accordance with the relevant financing agreements and only for the purposes for which they were provided; * Goods, works and services financed under the Project have been procured in accordance with the relevant financing agreements including specific provisions of the World Bank Procurement policies and procedures; * The necessary supporting documents, records and accounts have been maintained in respect of all project activities, including expenditures/transfers reported in Interim Unaudited Financial Reports (IFRs). In addition, the IFRs issued during the audit were in agreement with the underlying books of accounts except for the matter disclosed in the Emphasis of matter paragraph and management letter. I 3 I ' I U * Designated Accounts have been maintained in accordance with the provisions of the relevant financing agreements, and funds disbursed out of the accounts were used only for the purpose intended in the financing agreement; * National laws and regulations have been complied with and that the financial and accounting procedures approved for the Project were followed and used; Except for the matter disclosed in the Emphasis of matter paragraph and management letter. * Financial performance of the project was satisfactory; and * Assets procured from project funds existed and there was verifiable ownership by the implementing agencies or beneficiaries in line with the financing agreement except forE the matter disclosed in the Emphasis of matter paragraph and management letter. I I U I I I I I I I I W MINISTRY OF FINANCE AND ECONOMIC COOPERATION GOVERNMENT OF FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA PROMOTING OF BASIC SERVICES III PROJECT SUB PROGRAMS A AND B AND ENHANCING SHARED PROSPORITY THROUGH EQUITABLE SERVICE PROGRAM CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 7 JULY 2018. 7 July 2018 7 July 2017 Notes Birr Birr ASSETS CURRENT ASSETS Cash balances 3 88,103,330.00 98,856,799.00 Advances 4 26,845,311.00 21,178,794.00 I Total current Assets 114,948,641.00 120,035,592.00 CURRENT LIABILITIES I Account Payable 5 7,451,756.00 4,455,864.00 NET CURRENT ASSETS 107,496,884.00 115,549,728.00 REPRESENTED BY ACCUMULATED FUND 107,496,884.00 115,549,728.00 NB: Cents have been rounded to Birr. I I I I I5 I I MINISTRY OF FINANCE AND ECONOMIC COOPERATION GOVERNMENT OF FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA PROMOTING OF BASIC SERVICES III PROJECT SUB-PROGRAMS A AND B CONSOLIDATED STATEMENT OF SOURCES AND USES OF FUNDS FOR THE YEAR ENDED 7, JULY 2018 For the year ended Cumulative From July 7 July 2018 8,2015 to 7 July 2017 Note Birr Birr Opening Balance 115,549,728.30 173,450,857.00 Beginning Balance Adjustment 0.00 370,102.00 PBS III Financing International Development 2295,158,018.00 216,707,103.00 g Association( IDA) 51620 Trust Fund (TF) 13952 0.00 0.00 From IDA 5716 6,371,241,330.0 2,991,259,609.00 From IDA 16310 4,235,584,889.00 From Italy 110,180,734.00 0.00 Austria Fund 0.00 0.00 Sub Total 11,127,714,699.00 3,381,787,672.00 Contribution by the Ethiopian Government (Counterpart fund) 59,079,945,470.00 58,741,053,266.00 Gain on foreign Exchange 35,569,079.00 8,025,631.00 Total Financing 70,243,229,248.00 62,130,866,569.00 PBS Project Expenditure Sub-Program A 6 69,818,234,980.00 61,750,458,600.00 Sub-Program B 7 317,497,384 .00 264,858,241.00 1 Total Project Expenditure 70,135,732,364.00 62,015,316,841.00 Excess of Financing over 107,496,884.00 115,549,728.30 Expenditure (Accumulated Fund) Note: - Please note that Expenditure amounting ETB 5,854,886.61 is included in the Expenditure but not in the source since it is incurred through special commitment. I I 6 I I MINISTRY OF FINANCE AND ECONOMIC COOPERATION GOVERNMENT OF FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA DESIGNATED DOLLAR ACCOUNTS WITH EQUIVALENT BIRR AMOUNT STATEMENT FOR THE ENHANCING SHARED PROSPERITY THROUGHY EQUITABLE SERVICES (ESPES). For the year ended 7 JULY 2018 Account Number 010010/1300528 Depository Bank NBE Address Addis Ababa, Ethiopia Currency USD and Birr I Amount in USD Amount in Birr BEGINNING BALANCE 40,420.70 934,886.33 Fund Received From: International Development Association 243,123,404.25 6,371,241,329.96 (IDA)5716 Total 243,1 63,824.95 6,372,176,216.29 Deducted -Transfer to:- Government Treasury account- 243,160,000.00 6,358,581,740.00 Bank Service Charge 15,936,295.10 Total Fund Available 243,160,000.00 6,374,518,036.00 Closing balance 3,824.95 (2,341,819.71) I Gain on foreign exchange 2,446,199.59 I ENDING BALANCE-7 JULY 2018 3L824.95 104.369.88 Note: ETB (2,341,819.71) was revealed due to Dollar exchange rate made vary during fund received and fund transferred to Gov. treasury. The closing exchange rate used for ending balance is 1 USD=27.2866 I I I I7 I I MINISTRY OF FINANCE AND ECONOMIC COOPERATION GOVERNMENT OF FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA DESIGNATED DOLLAR ACCOUNTS WITH EQUIVALENT BIRR AMOUNT STATEMENT FOR THE ESPES P4R Component For the year ended 7 JULY 2018 Account Number 010010/1300550 Depository Bank NBE Address Addis Ababa, Ethiopia Currency USD and Birr Amount in USD Amount in Birr BEGINNING BALANCE 0.00 0.00 Fund Received From: (IDA) (61310) 155,547,900.63 4,235,584,888.94 I Total Fund Available 155,547,900.63 4,235,584,888.94 Deduct -TRANSFER TO Government Treasury Account-Birr 155,547,900.63 4,235,584,888.94 Bank Service Charge 10,585.934.63 Total Transfers 155,500,000.00 4,234,373,850.00 Closing Fund Balance 47,900.63 1,211,038.94 Gain on foreign exchange - Q 96,006.39 ENDING BALANCE-7 JULY 2018 47,900.63 1,307,045.33 NB: The closing exchange rate used for ending balance is 1USD=27.2866 I 1 I 83 I I MINISTRY OF FINANCE AND ECONOMIC COOPERATION GOVERNMENT OF FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA DESIGNATED DOLLAR ACCOUNTS WITH EQUIVALENT BIRR AMOUNT STATEMENT FOR THE BPS III Sub- Component A For the year ended 7 JULY 2018 Account Number 02615/147000/00 Depository Bank NBE Address Addis Ababa, Ethiopia Currency USD and Birr Amount in USD Amount in Birr BEGINNING BALANCE 338,018.00 7,817,973.42 Fund Received From: (IDA) ITALY 4,711,518.04 110,180,734.07 I Total Fund Available 5.049.535.56 117,998,707.49 Deduct -TRANSFER TO Government Treasury Account-Birr 5,000,000.00 134,914,368.75 Bank Service Charge 338,131.25 Total Transfers 5,000000.00 135,252,500.00 Closing Fund Balance 49,535.56 (17,253,792.51) Gain on foreign exchange - 18,605,449.53 ENDING BALANCE-7 JULY 2018 49,5a5.56 35LGaT00 NB: The closing exchange rate used for ending balance is 1USD=27.2866 I U I I I m MINISTRY OF FINANCE AND ECONOMIC COOPERATION GOVERNMENT OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA DESIGNATED DOLLAR ACCOUNTS WITH EQUIVALENT BIRR AMOUNT STATEMENT FOR THE PBS III SUB-PROGRAM B For the year ended 7 JULY 2018 Account Number 02615/148000/00 Depository Bank NBE Address Addis Ababa, Ethiopia Currency USD and Birr Amount in USD Amount in Birr BEGINNING BALANCE 335,556.62 7,761,055.51 Add: Receipt Fund Received From IDA 51620 11,355,816.95 295,158,018.00 Fund Received From -TF 13952 0 0 Total Fund Available 11.691,373.57 302,919,073.51 DEDUCT -Transfer To: BI and B2 Birr Account 9,000,000.00 244,097,650.00 B3 Birr Account 2,000,000.00 54,320,000.00 MoFEC Finance Transfer to CSA Bank Service Charge - - Total Transfers and expenditure 11,000,000.00 298,417,650.00 Closing Fund balance 691,373.57 4,501,423.51 Gain on foreign exchange - 14,363,81055 ENDING BALANCE-7, JULY 2017 691,373.5 18,865,234.06 NB: The closing exchange rate used for ending balance is 1USD=27.2866 (691,373.57*27.2)= 18,865,234.06 I I 101 I MINISTRY OF FINANCE AND ECONOMIC COOPERATION GOVERNMENT OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA DESIGNATED BIRR ACCOUNTS STATEMENT FOR THE PBS III SUB-PROGRAMS B1 AND B2 For the year ended 7, JULY 2018 Account Number 01601/014311/00 Depository Bank NBE Address Addis Ababa, Ethiopia Currency Birr Beginning Balance 5,793,715.98 ADD: Transfer from Pooled Special Account 244,097,650.00 Total fund available 249,891,366.00 TRANSFER TO REGIONAL/ PROGRAM IMPLEMENTING ENTITIES: Tigray National Regional State 13,769,408.79 Afar National Regional State 7,760,346.57 Amhara National Regional State 39,045,122.22 Oromiya National Regional State 51,774,231.49 Somali National Regional State 18,029,001.54 Benshangul-Gumuz National Regional State 6,815,136.45 Southern Nations, Nationalities and people's Regional State 39,808,149.74 Gambella Peoples National Regional State 7,468,976.34 Harari National Regional State 4,173,619.57 Dire Dawa City Administration 5,544,949.52 Addis Ababa City Administration 24,754,990.93 Office of the Federal Auditor General (OFAG) 8,077,241.40 Ministry of Finance and Economic Cooperation (MoFEC) 12,002,833.85 Total Transfer 239,024,008.44 Bank Service Charge 610,244.14 Sub Total 239,634,252.43 ENDING BALANCE-7, JULY 2018 10,257,113.43 1 1 I I MINISTRY OF FINANCE AND ECONOMIC COOPERATION GOVERNMENT OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA DESIGNATED BTRR ACCOUNTS STATEMENT FOR THE PBS III SUB-PROGRAM B3 I For the year ended 7, JULY 2018 Account Number 0160101431200 Depository Bank NBE Address Addis Ababa, Ethiopia Currency Birr Opening Balance 7,403,418.79 Add: Transfer from Pooled Special Account 54,320,000.00 Total fund available for use 61,723,418.79 Less: Transfer and Expenditure Transfer to CSA 22,614,750.00 Transfer to MoFEC 17,654,160.00 Transfer to MOA 5,404,58600 Transfer to MOWIE 1,886,000.00 Transfer to MOH/EHNRI 8,131,895.08 Total Transfer 55,691,391.08 Expenditure - Bank Service Charges 135,800.01 Total Transfer & Expenditure 55,827,191.09 CLOSING BALANCE-7, JULY 2018 5,896,227.70 I I I I MINISTRY OF FINANCE AND ECONOMIC COOPERATION GOVERNMENT OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA PROMOTING OF BASIC SERVICES III PROJECT SUB-PROGRAMS A AND B AND ENHANCING SHARED PROSPORITY THRUOGY EQIUTABLE SERVICE(ESPES) DECLARATION OF NON-PROCUREMENT OF MATERIAL ASSETS FOR THE YEAR ENDED 7, JULY 2018 We hereby declare that there were material assets acquired or procured to date that is Purchase of 80 KVA UPS by Ministry of Agriculture with $149,677 USD (Birr 4,041,304) with the project funds for the sub-programs B financed by Promoting Of Basic Services III project. I U I I I I I I U I 13 1 I MINISTRY OF FINANCE AND ECONOMIC COOPERATION GOVERNMENT OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA PROMOTING OF BASIC SERVICE III PROJECT SUB PROGRAMS A AND B AND ENHANCING SHARED PROSPERITY THROUGH EQUITABLE SERVICES (ESPES) NOTES TO THE PROJECT FINANCIAL STATEMENTS FOR THE YEAR ENDED 7, JULY 2013 1. BACKGROUND With the objective of expanding access and improving the quality of basic services in Education, Health, Agriculture, Water Supply and Sanitation and Rural Roads delivered by sub- national governments and strengthening financial transparency and accountability in service delivery, the Government of Ethiopia and the World Bank signed the Promoting of Basic Services (PBS III) Project which commenced in December 11, 2015. PBS III has two sub-programs. These sub programs are implemented by MoFEC and discussed as under: SUB-PROGRAM A - It is to contribute to the higher level of objective of promoting basic service and improving the quality of Government services at Regional and local levels. ESPES - It is a portion of Sub-program A which focuses on improving equitable access to basic service and Strength accountability and institutionalizes critical Systems at the decentralized level. SUB-PROGRAM B - Support to strengthening the capacity, transparency, accountability and financial management of Government at Regional and Local authority levels. I 14 I I U I 2. SIGNIFICANT ACCOUNTING POLICIES The principal accounting policies adopted by the Project, which are consistent with those applied in the preceding period, are stated below: a) BASIS OF PREPARATION: ) These Financial Statements have been prepared on a modified cash basis in accordance with the accounting policy of the Government of the Federal Democratic i Republic of Ethiopia. ii) The Project Financial Statements combine transactions of Sub-Programs A and B of the Promoting of Basic Services III (PBS III) and (ESPES) Enhancing Shared Prosperity through Equitable Service for reporting consolidated transactions of all of these sub-programs. b) CURRENCY: These financial statements are presented in birr. Transactions in foreign currency are translated into birr at the approximate rate of exchange prevailing at the date of the transaction. I I I I I 3 15 I MINISTRY OF FINANCE AND ECONOMIC COOPERATION GOVERNMENT OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA PROMOTING OF BASIC SERVICE (PBS III) PROJECT SUB-PROGRAMS A AND B AND ENHANCING SHARED PROSPERITY THROUGH EQUITABLE SERVICE (ESPES) AND ADDITONAL FINANCING FOR ESES PRGRAMME,SNSEES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 7, July 21.8 3. CASH ON HAND AND AT BANK Birr Birr Balance in Pooled Dollar account No 02615/147000/00 1,351,657.01 Balance in pooled Dollar account No 0100101300528 104,369.88 Balance in pooled Dollar account.No.0100101300550 1,307,045.33 Balance in Dollar account No. 02615/148000/00 18,865,234.06 Balance in Birr account No. 0160101431100 10,257,113.43 Balance in Birr account No. 0160101431200 5,896,227.70 BALANCE AT BANK MoFEC 37,781,647.41 Balance at Regions B Cash on hand 814,402.63 Cash in transit 0.00 Cash at bank 49,507,279.75 50,321,68238 TOTAL CASH BALANCE 88,103,329.79 4. ADVANCES These are advances for sub-programs B Birr Total TIgray 31,771.24 31,772,00 Afar 1,077,361.76 1,077,362.00 Ambara 5,900,181.03 5,900,181.00 Oromia 117,175.39 117,175.00 Somali - Benshangule-Gumuz 891,076.87 891,077.00 W SNNPR 10,276,654.14 10,276,654.00 Gambella Harari 1,104,729.38 1,104,729.00 Dire Dawa Addis Ababa 1,508,047.91 1,508,048,00 MoFED 4.042,514.74 4,042,515.00 OFAG 507,927.47 507,927.00 EPHI 296,346.72 296,347.00 CSA 749,143.75 749,144.00 MOA 338,563.45 338,563.00 MOWE 3,817..00 3 TOTAL 26,845,310.85 26,845,311.00 5. ACCOUNT PAYABLES These are payables for sub-programs B Tigray 168,765.93 168,766.00 Afar 19,148.71 19,149.00 Amhara 4,023,568.25 4,023,568.00 Oromia 428,840..03 428,840.00 Somali - - Benshangule-Gumuz 29,082.85 29,083.00 SNNPR 444,703.43 444,703.43 Gambella - Harar 0.05 Dire Dawa - Addis Ababa 948,170.63 948,171.00 MoFED 1,136,468.94 1,136,469.00 OFAG 6,179.79 6,180,00 EPHi 195,479.09 195,479.00 CSA 51,104.75 51,105.00 MOA MOWE 244. 24400 TOTAL 7,451,756.45 7,451,256. 16 I I I MINISTRY OF FINANCE AND ECONOMIC COOPERATION GOVERNMENT OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA PROMOTING OF BASIC SERVICE (PBS III) PROJECT AND ENHANCING SHARED PROSPORITY EQUITABLE SERVICE SUB-PROGRAM A AND B NOTES TO THE PROJECT FINANCIAL STATEMENTS FOR THE YEAR ENDED 7, JULY 2018 6. EXPENDITURE OF SUB-PROGRAM A Birr Education 39,092,787,130.00 Health (Including HIV/AIDS) 16,755,365,850.00 Agriculture and Natural Resource 11,112,085,880.00 Water Supply and Sanitation 2,235,422,600.00 Rural Road 622,573,520.00 TOTAL 69,818,234,980.00 7. EXPENDITURE OF SUB-PROGRAM 8 Personal Services 77,930,389.00 Goods and Services 207,552,286.00 Fixed Assets 32,014,710.00 TOTAL I 317,497,385.00 I I I I I I I 1 17 I I GOVERNMENT OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA PROMOTING OF BASIC SERVICE III PROJECT SUBPROGRAMS A AND B AND ESPES ENHANCING SHARED PROSPERITY THROUGH EQUITABLE SREVICE A RECONCILATION OF AMOUNTS "RECEIVED BY THE PROJECT FROM THE DEVELOPMENT PARTNERS (INCLUDING THE WORLD BANK)" WITH THOSE SHOWN AS BEING "DISBURSED BY THE DEVELOPMENT PARTNERS (INCLUDING THE WORLD BANK)" FOR THE YEAR ENDED 7, JULY 2018 ,L%D AmuntsUndersta Amootsneds "isbursed by Amounts ted t Development the 0 "Received by amount R No partners(including Development t Remark the PBS III Received the World Bank) partners Project" by the (including the world Bank)" project 1 International Development Association USD 11,355,816.95 USD - B Advance (IDA) 51620 11,355,816.95 2 International Development Association USD USD - B Advance (IDA)51620 3 International USD USD Development 243,163,824.95 243,163,824.95 Association - ESPES Advance (IDA1,5716 4 International Development Association USD 155,547,900.63 USD - ESPES Advance (IDA) 61310 155,547,900.63 (P4R) Trust Fund USD 0.00 USD 0.00 5 (TF),13952 - A Reimburs ement 6 Italy Fund USD 4,711,518.04 USD - A Advance 4,711,518.04 7 Austrian Fund USD 0,00 USD 0.00 - A Advance Note: * International Development Association (IDA) : Credit Number 51620-ET * International Development Association (IDA) : Credit Number 5716-ET * International Development Association (IDA) : Credit Number 16310-ET3 * Multi Donors Trust Fund (TF) : Grant Number 13952 U * Italy Fund: * Austria Development Fund Agency. 18 I I I