Public Disclosure Copy The World Bank Implementation Status & Results Report Cash Transfer Modernization Project (P160819) Cash Transfer Modernization Project (P160819) SOUTH ASIA | Bangladesh | Social Protection & Labor Global Practice | IBRD/IDA | Investment Project Financing | FY 2018 | Seq No: 1 | ARCHIVED on 26-Apr-2018 | ISR32194 | Implementing Agencies: Economic Relations Division, Department of Social Services, Ministry of Social Welfare Key Dates Key Project Dates Bank Approval Date:31-Jan-2018 Effectiveness Date:-- Planned Mid Term Review Date:31-Dec-2020 Actual Mid-Term Review Date:-- Original Closing Date:30-Jun-2023 Revised Closing Date:30-Jun-2023 Project Development Objectives Project Development Objective (from Project Appraisal Document) The Project Development Objective is to improve the transparency and efficiency of selected cash transfer programs for vulnerable populations by modernizing service delivery. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Enhancement of Cash Transfer Programs:(Cost $270.00 M) Modernization of Service Delivery:(Cost $30.00 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  --  Satisfactory Overall Implementation Progress (IP)  --  Satisfactory Overall Risk Rating  --  Substantial Implementation Status and Key Decisions 4/26/2018 Page 1 of 9 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Cash Transfer Modernization Project (P160819) The Project was approved by the World Bank's Board of Executive Directors on January 31, 2018. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  Substantial  --  Substantial Macroeconomic  Moderate  --  Moderate Sector Strategies and Policies  Moderate  --  Moderate Technical Design of Project or Program  Moderate  --  Moderate Institutional Capacity for Implementation and Sustainability  Substantial  --  Substantial Fiduciary  Substantial  --  Substantial Environment and Social  Low  --  Low Stakeholders  Substantial  --  Substantial Other  --  --  -- Overall  Substantial  --  Substantial Results Project Development Objective Indicators PHINDPDOTBL  P.01. Beneficiaries of cash transfer programs in lowest two quintiles based on poverty score (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 51% -- -- 80% Date 31-Mar-2017 -- -- 30-Jun-2023 PHINDPDOTBL  Female (%) (Text, Custom Breakdown) 4/26/2018 Page 2 of 9 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Cash Transfer Modernization Project (P160819) Baseline Actual (Previous) Actual (Current) End Target Value Not available -- -- 80% Date 31-Mar-2017 -- -- 30-Jun-2023 PHINDPDOTBL  P.02. Vulnerable persons in lowest two quintiles based on poverty score covered by cash transfer programs (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 40% -- -- 60% Date 31-May-2017 -- -- 30-Jun-2023 PHINDPDOTBL  Female (%) (Text, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value Not available -- -- 60% Date 31-May-2017 -- -- 30-Jun-2023 PHINDPDOTBL  P.03. Cash transfer program budget delivered using digital payment (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target BDT 20.00 Value BDT 0.16 billion -- -- billion Date 30-Jun-2017 -- -- 30-Jun-2023 PHINDPDOTBL  Female (BDT) (Text, Custom Breakdown) 4/26/2018 Page 3 of 9 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Cash Transfer Modernization Project (P160819) Baseline Actual (Previous) Actual (Current) End Target BDT 12.00 Value Not available -- -- billion Date 30-Jun-2017 -- -- 30-Jun-2023 PHINDPDOTBL  P.04. Cash withdrawal time taken using digital payment (Minutes, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 230.00 -- -- 150.00 Date 16-Jun-2015 -- -- 30-Jun-2023 Overall Comments Intermediate Results Indicators PHINDIRITBL  I.01. Beneficiary records digitized and poverty certified (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 3,250,000.00 -- -- 6,000,000.00 Date 31-May-2017 -- -- 30-Jun-2023 PHINDIRITBL  Female (number) (Number, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 1,885,000.00 -- -- 3,600,000.00 Date 31-May-2017 -- -- 30-Jun-2023 4/26/2018 Page 4 of 9 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Cash Transfer Modernization Project (P160819) PHINDIRITBL  I.02. Beneficiaries enrolled for digital payment (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 43,000.00 -- -- 1,160,000.00 Date 31-May-2017 -- -- 30-Jun-2023 PHINDIRITBL  Female (number) (Number, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 24,000.00 -- -- 700,000.00 Date 31-May-2017 -- -- 30-Jun-2023 PHINDIRITBL  I.03. Access points for applications and grievances (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- -- 4,500.00 Date 31-May-2017 -- -- 30-Jun-2023 PHINDIRITBL  I.04. Access points for digital payments (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 44.00 -- -- 2,000.00 Date 31-May-2017 -- -- 30-Jun-2023 4/26/2018 Page 5 of 9 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Cash Transfer Modernization Project (P160819) PHINDIRITBL  I.05. Unions using poverty score for beneficiary selection (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- -- 2,250.00 Date 31-May-2017 -- -- 30-Jun-2023 PHINDIRITBL  I.06. Unions with personnel trained on business processes (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- -- 4,500.00 Date 31-May-2017 -- -- 30-Jun-2023 PHINDIRITBL  I.07. Enrollment decisions made within service standard (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value Not available -- -- 80% Date 31-May-2017 -- -- 30-Jun-2023 PHINDIRITBL  I.08. Grievances resolved within service standard (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value Not available -- -- 80% Date 31-May-2017 -- -- 30-Jun-2023 4/26/2018 Page 6 of 9 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Cash Transfer Modernization Project (P160819) PHINDIRITBL  I.09. Community awareness of application and selection process (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value Not available -- -- 80% Date 31-May-2017 -- -- 30-Jun-2023 PHINDIRITBL  Female (%) (Text, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value Not available -- -- 80% Date 31-Mar-2017 -- -- 30-Jun-2023 PHINDIRITBL  I.10. Beneficiaries satisfied with service delivery (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value Not available -- -- 80% Date 31-May-2017 -- -- 30-Jun-2023 PHINDIRITBL  Female (%) (Text, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value Not available -- -- 80% Date 31-May-2017 -- -- 30-Jun-2023 Overall Comments 4/26/2018 Page 7 of 9 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Cash Transfer Modernization Project (P160819) Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed Not P160819 IDA-61630 USD 300.00 300.00 0.00 0.00 311.24 0% Effective Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date Not P160819 IDA-61630 31-Jan-2018 -- -- 30-Jun-2023 30-Jun-2023 Effective Cumulative Disbursements Restructuring History There has been no restructuring to date. Related Project(s) 4/26/2018 Page 8 of 9 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Cash Transfer Modernization Project (P160819) There are no related projects. 4/26/2018 Page 9 of 9 Public Disclosure Copy