Public Disclosure Copy The World Bank Implementation Status & Results Report Guinea First Fiscal Management, Competitiveness, and Energy Reform DPF (P166322) Guinea First Fiscal Management, Competitiveness, and Energy Reform DPF (P166322) AFRICA WEST | Guinea | Macroeconomics, Trade and Investment Global Practice | IBRD/IDA | Development Policy Lending | FY 2020 | Seq No: 1 | ARCHIVED on 23-Dec-2020 | ISR43809 | Implementing Agencies: Ministry of Economy and Finance, Ministry of Economy and Finance Key Dates Key Project Dates Bank Approval Date: 26-Nov-2019 Effectiveness Date: 11-Dec-2019 Original Closing Date: 31-Dec-2020 Revised Closing Date: 31-Dec-2020 pdoTable Project Development Objectives Program Development Objective (from Program Document) The Program Development Objectives and pillars of the DPF series are: (i) strengthening fiscal management; (ii) enhancing the institutional and regulatory framework to promote competitiveness; and (iii) improving the financial performance of the energy sector. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO -- Moderately Satisfactory Overall Implementation Progress (IP) -- Moderately Satisfactory Overall Risk Rating -- Substantial Implementation Status and Key Decisions The implementation of reform is processing at a slower pace due to the COVID-19 pandemic, but the preparation of DPF2 has commenced. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance High -- High Macroeconomic Substantial -- Substantial Sector Strategies and Policies Substantial -- Substantial Technical Design of Project or Program Moderate -- Moderate 12/23/2020 Page 1 of 4 Public Disclosure Copy The World Bank Implementation Status & Results Report Guinea First Fiscal Management, Competitiveness, and Energy Reform DPF (P166322) Institutional Capacity for Implementation and Substantial -- Substantial Sustainability Fiduciary Substantial -- Substantial Environment and Social Moderate -- Moderate Stakeholders Moderate -- Moderate Other -- -- -- Overall Substantial -- Substantial Results Results Indicators Pillar 1: Strengthening Fiscal Management IN00917768 ►Percentage of active SOEs with published financial information available on internet (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 3.00 100.00 Date 31-Dec-2018 -- 12-Nov-2020 31-Dec-2021 IN00917769 ►Excise tax revenue collected (% of GDP) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.09 -- 0.09 0.34 Date 31-Dec-2018 -- 31-Dec-2019 31-Dec-2021 IN00917770 ►Annual report to the Parliament detailing (i) progress towards MTDS targets and (ii) consistency of the debt operations with ABP (annual borrowing plan) and purposes of borrowing (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No -- No Yes Date 31-Dec-2018 -- 31-Dec-2019 31-Dec-2021 Pillar 2: Enhancing Institutional and Regulatory Framework to Promote Competitiveness IN00917776 ►Number of smallholders (less than 5 hectares) receiving agricultural input subsidies through the e-voucher system (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 2,900.00 -- 9,000.00 20,000.00 12/23/2020 Page 2 of 4 Public Disclosure Copy The World Bank Implementation Status & Results Report Guinea First Fiscal Management, Competitiveness, and Energy Reform DPF (P166322) Date 31-Dec-2018 -- 31-Dec-2019 31-Dec-2021 IN00917777 ►Roads maintained per year (km) (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 313.00 -- 464.00 450.00 Date 31-Dec-2018 -- 31-Dec-2019 31-Dec-2021 IN00917773 ►Time to settle commercial dispute (days) (Days, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 311.00 -- 311.00 180.00 Date 31-Dec-2018 -- 31-Dec-2019 31-Dec-2021 IN00917774 ►Time to import – documentary compliance (hours) (Hours, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 156.00 -- 139.00 90.00 Date 31-Dec-2018 -- 31-Dec-2019 31-Dec-2021 IN00917775 ►Time to register property (days) (Days, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 44.00 -- 44.00 22.00 Date 31-Dec-2018 -- 31-Dec-2019 31-Dec-2021 IN00917781 ►Time to deal with construction permits (days) (Days, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 151.00 -- 151.00 90.00 Date 31-Dec-2018 -- 31-Dec-2019 31-Dec-2021 Pillar 3: Improving the Financial Performance of the Energy Sector IN00917786 ►Integrated Management System to support the board of directors and management (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No -- No Yes 12/23/2020 Page 3 of 4 Public Disclosure Copy The World Bank Implementation Status & Results Report Guinea First Fiscal Management, Competitiveness, and Energy Reform DPF (P166322) Date 31-Dec-2018 -- 09-Nov-2020 31-Dec-2021 IN00917787 ►Electricity subsidies per kWh invoiced in the year (USD/kWh) (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.12 -- 0.15 0.09 Date 31-Dec-2018 -- 31-Dec-2019 31-Dec-2021 IN00917788 ►Public Sector Collection Rates for Electricity (%) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 53.00 -- 35.00 90.00 Date 31-Dec-2018 -- 31-Dec-2019 31-Dec-2021 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P166322 IDA-65070 Effective USD 90.00 90.00 0.00 91.49 0.00 100% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P166322 IDA-65070 Effective 26-Nov-2019 28-Nov-2019 11-Dec-2019 31-Dec-2020 31-Dec-2020 Tranches Restructuring History There has been no restructuring to date. Related Project(s) P172407-Guinea 2nd Fiscal Management, Competitiveness, and Energy Reform 12/23/2020 Page 4 of 4