World Bank Documentdocuments.worldbank.org/curated/en/... · The PIC2.1 project has financed the transaction support for Air Madagascar to find a strategic partner, which resulted

The World BankIntegrated Growth Poles and Corridor Project 2 (P113971)

REPORT NO.: RES28090

RESTRUCTURING PAPER

ON A

PROPOSED PROJECT RESTRUCTURING

OF

INTEGRATED GROWTH POLES AND CORRIDOR PROJECT 2

APPROVED ON DECEMBER 18, 2014

TO

MINISTRY OF FINANCE AND BUDGET (MFB)

FINANCE, COMPETITIVENESS AND INNOVATION

AFRICA

Regional Vice President: Makhtar Diop Country Director: Mark R. Lundell

Senior Global Practice Director: Anabel GonzalezPractice Manager/Manager: Douglas Pearce

Task Team Leader: Eneida Herrera Fernandes, Yannick Saleman

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ABBREVIATIONS AND ACRONYMS

ADEMA Aéroports de MadagascarCPF Country Partnership FrameworkEDBM Economic Development Board of MadagascarGO Government of MadagascarICRP Investment Climate Reforms ProgramIFC International Finance CorporationMBIF Madagascar Business Investment FacilitiesMGA Malagasy AriaryM&E Monitoring and EvaluationSDR Special Drawing RightsPASP Madagascar Public Sector Performance ProjectPDO Project Development ObjectivePIC1 Madagascar Integrated Growth Poles ProjectPIC2 Second Integrated Growth Poles and Corridors ProjectPPD Public Private DialoguePPP Public-private partnershipSOP Series of ProjectsSME Small and medium enterprises


BASIC DATA

Product Information

Project ID Financing Instrument

P113971 Investment Project Financing

Original EA Category Current EA Category

Partial Assessment (B) Partial Assessment (B)

Approval Date Current Closing Date

18-Dec-2014 30-Sep-2019

Organizations

Borrower Responsible Agency

Ministry of Finance and Budget (MFB) National Project Secretariat

Project Development Objective (PDO)

Original PDOThe Project Development Objective is to contribute to increased economic opportunities and access to enabling infrastructure services, as measured by an increase in jobs and formal firms, in Targeted Regions. The Program objective of the Series of Projects (SOP) is the same as the PDO of this Project.OPS_TABLE_PDO_CURRENTPDOSummary Status of Financing

Ln/Cr/Tf Approval Signing Effectiveness ClosingNet

Commitment Disbursed Undisbursed

IDA-55640 18-Dec-2014 18-Dec-2014 09-Mar-2015 30-Sep-2019 50.00 31.65 15.67

Policy Waiver(s)

Does this restructuring trigger the need for any policy waiver(s)?No


I. PROJECT STATUS AND RATIONALE FOR RESTRUCTURING

1. The Second Madagascar Integrated Growth Poles and Corridor Project (Cr 5564-MG) PIC2.1, amounting to SDR 33,800,000, was approved by the Board in December 18, 2014 and has been effective since March 9, 2015. This first project in the PIC2 Series of Projects was designed to maximize private investment leverage and economic and social impacts in the 3 targeted poles and corridors, by providing support for activities that can increase investor confidence and lay the foundation for economic expansion in the tourism and agribusiness sectors. There is no outstanding audit report for Credit 5564-MG . The Credit 5564-MG will close on September 30, 2019.

2. The PIC2.1 project has already disbursed 60 percent and committed 80 percent of its funds. It is achieving its targets in terms of firm and job creations, increase in tourism as well as improvements in farmers’ revenues and exports in the 3 targeted “poles” or “corridors” of Madagascar: Atsimo-Andrefana around the Tulear pole, Diana along the Nosy Be/Ambanja/Diego corridor, and Anosy around the Fort Dauphin pole. Progress towards achievement of Project Development Objective (PDO) and Overall Implementation Progress (IP) are rated Satisfactory. The achievements of the PIC2.1 has triggered the preparation of the follow up SOP, Second Madagascar Integrated Growth Poles and Corridor Project SOP2 (PIC2.2).

3. The Project remains highly relevant and aligned with the World Bank’s new Country Partnership Framework (CPF) for FY17-FY21 supporting the CPF objective to unlock productivity of the labor-intensive sectors by improving the investment climate and building resilient infrastructure. The project also supports the third of the five strategic axes of development of the National Development Plan (PND) for 2015-2019, specifically dedicated to "Inclusive growth and territorial anchoring of development".

4. The purpose of this level two restructuring is to: (i) revise the Madagascar Business Investment Facilities (MBIF); (ii) propose a reallocation of funds between components, (iii) and amend the Project results indicators.

5. Revisions to the MBIF are linked to inability of one of Windows – Window 1 for larger SMEs, offering grants of up to US$150,000 – to generate eligible proposals. In particular none of the proposals received were showing sufficient economic spillovers to justify public co-financing. Therefore no funds were engaged under that window, which this restructuring paper proposes to suspend. MBIF windows will be redesigned in PIC2.2 to incorporate lessons learned from this specific failure.

6. The Reallocation of Funds aims at further focusing support to activities that have proven to be most relevant given the early project experience, and that can be fully implemented under the existing credit and in the remaining project time. The next two years would be used to complete the activities outlined in the original PAD and sustain critical infrastructure and institutional capacity; and leave a legacy that would help the growth poles regions achieve sustained economic growth. The reallocation will also take into account the current funding gap of approximately 4.7 percent in relation to US$ funding amount due to the SDR devaluation against the USD. As a result of the fluctuations, the Project’s undisbursed balance is short of US$2.35 million due to the SDR devaluation against the USD.

7. The revision of the results matrix is expected to better align the performance objectives with the country's current context, which is much more positive than when the current matrix was drawn up at the end of the crisis. The revisions also simplify and refocus indicators on key project activities and impacts, removing indicators that were shown to not properly reflect project interventions and adding new indicators to measure previously not captured progress on key implemented activities. The revised indicators also aim to allow to for proper capture of project results for activities that overlap between PIC2.1 and PIC2.2.

II. DESCRIPTION OF PROPOSED CHANGES

A. Rational for Change:


8. The proposed changes in this Level Two restructuring are aligned with the findings of the Project Mid Term Review (MTR) and the agreements reached with Government counterparts.

B. Component

9. Component 1.2.2, Madagascar Business and Investment Facility (MBIF): (i) The original design anticipated funding of: (1) grants to eligible private commercial subprojects (Window 1) on a competitive

basis to eligible private commercial subprojects, or clusters/value chains of linked private enterprise subprojects (maximum grant US$150,000); and (2) grants across-sector to subprojects proposed by groups of young adults aged from 16 to 35 (Window 2) for a maximum grant of US$10,000.

(ii) Window 1 under the MBIF program, budgeted for a total of US$2.8 million, was unable to generate eligible proposals. In particular none of the proposals received were showing sufficient economic spillovers to justify public co-financing. This window has thus been suspended under the current credit, with no funds engaged, and is being re-designed by building on lessons learned from PIC2.1. It is to be re-launched in PIC2.2, to support selected categories of projects to fill pre-identified missing markets in the agribusiness and tourism ecosystem, and maximize economic spillovers from larger sectoral investments.

(iii) On the other hand, Window 2 under the MBIF program, focused on young entrepreneurs, has performed well to date and generated higher than expected quality proposals worth funding close or up to the ceiling. It was initially budgeted for US$600,000, with an original target of 100 young entrepreneurs receiving an average US$ 6,000 grant each. It is now anticipated that grants under that Window will total US$1,173 million to fund 119 young entrepreneurs by the end of project.

(iv) PIC2.1 under this component will also further develop locally-managed business development centers in the poles, expanding from the successful experience of the first one supported under PIC1 in Fort Dauphin (Anosy pole). The project took advantage of the business development centers infrastructure to improve formalization in the poles with registration drives, but also to boost youth entrepreneurship through a matching grant program integrating capacity building for entrepreneurship and business skills in the business development centers.

B. Reallocation of funds by components

10. There are increased needs for US$2.65 million under Component 2 and 3 to optimize investments in the poles linked to agribusiness and urban road logistics, increased support to strengthening local governance and inter-communal OCAI grants, funding of critical airport security equipment, impact evaluation and safeguards. There is also a need to reduce total funding in USD by US$2.35m due to the devaluation of the USD against the SDR. Those funds will be reallocated from underutilized funds under sub-Component 1.1: investment climate and PPD, sub-component 1.2: Promoting private investment; and sub-component 2.4 Promoting sustainable agribusiness development.

11. Component 1: Strengthening the Enabling Environment for Entrepreneurship and Investment Climate: (i) Sub-Component 1.1: Improving the investment climate. Current allocation: US$3.0 million / Proposed allocation: US$1.6

million. The Investment Climate (IC)/ Doing Business (DB) reform program and National level PPD work progressed slowly, mainly due to: (1) a low level of GoM political support and (2) a lack (or backlog) of approvals at the Investment Climate Steering Committee. The reforms on commercial justice have progressed well as a result of a focused TA support to the Ministry of Justice. For activities linked to tax procedures, initial support was provided by PIC2 to establish an action plan on the reform of the tax litigation and the improvement of the tax control procedures, but follow up implementation was transferred to the Governance PASP Project. The coordinated IFC advisory Investment Climate Reforms Program (ICRP) has provided complementary support to Doing Business and other investment climate reforms. Underutilized funds will be reallocated.

(ii) Sub-Component 1.2: Promoting private investment. Current allocation: US$8.0 million / Proposed allocation: US$4.4 million.


a. Building capacity to attract and manage private investment. Current allocation: US$3.0 million / Proposed allocation US$2.1 million. Activities linked to support to Park Ehoala and SEZ progressing, demand study being funded. PIC2 financed legal experts for the drafting of the PPP law and its implementing decrees and carried out capacity building of the MFB in terms of financial analysis and assessment of the fiscal sustainability of PPP projects. Further TA support to MFB will be undertaken under World Bank Public-Private Infrastructure Advisory Facility (PPIAF) funding. The capacity building of the PPP unit housed within the M2PATE is now financed by the PAPI project managed by the EDBM with ADB financing. The PIC2.1 project has financed the transaction support for Air Madagascar to find a strategic partner, which resulted in its alliance with Air Austral. It is also financing studies of secondary airports still under ADEMA control to examine the minimum public investments and management improvements needed for these airports to significantly increase their traffic and corresponding PPP investment. This TA, while linked to PPP, was TA undertaken with funding under component 2.3 (Tourism). Underutilized funds will be reallocated.

b. Madagascar Business and Investment Facility (MBIF) – Suspension of Window 1 Grants and re-focus on Window 2 Grants. Current allocation: US$5.0 million / Proposed allocation US$2.3 million. Underutilized funds will be reallocated.

12. Component 2: Sector Based Growth in the Atsimo-Andrefana, Anosy and Diana Regions. Proposed increase from Current allocation:

(i) Sub-Component 2.1: Strengthening local governance. Current allocation: US$3.5 million / Proposed allocation: US$4.3 million. Strengthening overall support to local governance activities:

a. OCAI Grants: additional funds of US$200,000, will enable an additional 20 OCAI focusing on inter-communal projects for economic development. So far 70 rural communes received grants totaling US$350,000, or US$5,000 per project per commune. Total OCAI grant: US$550,000.

b. Rehabilitation of 73 urban and rural municipality offices for additional of US$1,49 million c. Dropping support TA for preparation and implementation of regional development plans (PRD,STRAT) financed by

other donors. (Savings of US$800,000)

(ii) Sub-Component 2.2. Improving services delivery and shared infrastructure. Current allocation: US$19.0 million / Proposed allocation: US$20.9 million. Increasing funds to ensure full implementation of component targets of 12km of rehabilitated urban roads and 162000 people with access to improved water sources.

a. Additional funds will enable 2.3 km of urban roads to be rehabilitated in Diego, for an additional US $2.33 million.b. Savings of US$530,000 linked to upgrade of water distribution networks in Antsiranana and Tulear

(iii) Sub-Component 2.3. Promoting sustainable tourism development. Current allocation: US$6.5 million / Proposed allocation: US$6.5 million. Despite USD budget decrease of the sub-component due to SDR devaluation against the USD this component will retain initial allocation in USD.

(iv) Sub-Component 2.4 Promoting sustainable agribusiness development. Current allocation: US$6.5 million / Proposed allocation: US$5.65 million. As a result of SDR devaluation against the USD this component allocation will be decreased. Remaining amount is expected to ensure full implementation of component activities.

13. Component 3: Project Implementation, M&E, Safeguards, Impact Evaluation. Current allocation: US$3.50 million / Proposed allocation: US$4.3 million.

(i) Increased funds will enable the project to finance additional operational costs including:a. Environmental and social activities linked to linked to implementation of MBIF sub-grants and preparation of

Safeguards documents for PIC2.2, US$300,000b. Conduct impact evaluation 2017-2018 mid-line and end line evaluation to measure wage jobs (informal and formal)

and the overall impact of the project on households in the targeted poles and corridors, US$250,000.c. Additional operational costs including costs linked to preparation of PIC2.2 operation (field missions PIU and

Government officials) and project monitoring and evaluation activities. US$250,000.


Project Costs (current and revised):

Current

Allocation US$ million

Proposed Allocation

US$ million

Change in Allocation

US$ millionComponent 1: Strengthening the Enabling Environment for Entrepreneurship and Investment Climate. 11.00 6.00 -5.00

Sub-Component 1.1: Improving the investment climate 3.00 1.60 -1.40

Sub-Component 1.2: Promoting private Investment 8.00 4.40 -3.60Component 2: Sector Based Growth in the Atsimo-Andrefana, Anosy and Diana Regions 35.50 37.35 1.85

Sub-Component 2.1. Strengthening local governance 3.50 4.30 0.80

Sub-Component 2.2. Improving services delivery and shared infrastructure 19.00 20.90 1.90

Sub-Component 2.3. Promoting sustainable tourism development 6.50 6.50 0.00

Sub-Component 2.4 Promoting sustainable agribusiness development 6.50 5.65 -0.85Component 3: Project Implementation, M&E, Safeguards, Impact Evaluation 3.50 4.30 0.80

Total 50.00 47.65 -2.35

C. Results/indicators

14. The PDO will remain unchanged and no components or sub-components are being dropped or substantially revised. However, there is a need to update the current Project Results Framework. The chief objective of the proposed changes to the M&E framework is to ensure that the Project is able to adequately measure results. This restructuring proposes that a number of PDO and intermediate indicators are dropped, added or revised.

15. Mainly, proposed changes include revisiting targets based on actual project support to ensure attribution, replacing baselines closer to project effectiveness instead of 2011-2013 averages, overall clarification of indicator definition to correspond more closely with the data source definition, and removal of disaggregation by region and addition of disaggregation for main sectors supported (agribusiness and tourism).

16. PDO level indicators revised(i) PDO1. Number of formal jobs created in the targeted poles/corridors: Revised by (i) removing disaggregation by region

while keeping disaggregation by sector (agribusiness and tourism) allows for demonstrating job creation in the specific sectors the project is targeting, though regional disaggregation will be maintained in the internal M&E plan; (ii) replacing baselines by those closer to project effectiveness – end 2014 instead of 2011-2013 average; (iii) revising targets based on project support provided; (iv) changing targets to be cumulative instead of yearly; (v) clarifying the indicator definition to correspond more closely with the data source definition.

(ii) PDO2. Number of formal businesses newly registered in the targeted poles: Revised by (i) removing disaggregation by region and adding disaggregation by sector (agribusiness and tourism), though regional disaggregation will be maintained in the internal M&E plan; (ii) replacing baselines by those closer to project effectiveness – end 2014 instead of 2011-2013 average; (iii) revising targets based on project support provided; (iv) changing targets to be cumulative instead of yearly.

17. PDO indicators dropped


(i) PDO3. Direct Project beneficiaries: Dropped as per Bank M&E guidance to not use as a PDO indicator. Access to solid waste management and improved water sources previously captured under this indicator are captured through two new intermediate indicators.

18. Intermediate indicators added(i) Percentage of the municipal budget allocated for investment by the Municipalities: this is defined as the share of the

annual budget of the Communes allocated to repair and maintenance of public infrastructures. It will measure the results of project support to urban communes to improve local governance, increase financial revenues and improve capacity to maintain rehabilitated infrastructure.

(ii) Number of people provided with access to solid waste collection: This indicator replaces the disaggregated result within the dropped PDO indicator, “Direct Project Beneficiaries.” Future targets have been revised to account for actual project implementation.

(iii) Number of people provided with access to improved water sources: This indicator replaces the disaggregated result within the dropped PDO indicator, “Direct Project Beneficiaries.” Future targets revised to account for actual project implementation.

19. Intermediate indicators revised(i) Number of reforms, revised to: Number of recommended reforms or policies adopted. Revisions include removing

breakdown and narrow definition per type of reform while specifying that reforms must be relevant to sectors supported by the project. As many of the planned activities to enable the business environment are taken over by IFC and captured in the M&E framework of the ICRP project, targets are revised based on the clarification of the definition and the activities implemented or planned to support investment climate and sector-based regulations.

(ii) Annual municipal revenues collected in the targeted poles, revised to: Increase in annual municipal revenues collected in the targeted poles. Indicator is revised by (i) disaggregating to account for differences between urban and rural municipalities (though baselines for rural municipalities are not available due to a lack of detailed financial records prior to project intervention); (ii) revising targets from yearly to cumulative; (iii) increasing targets to be more ambitious given implementation progress; (iv) measuring the increase in revenues rather than absolute yearly values; (v) changing the baseline (3.7 billion in 2014) to 0 so that new municipalities can be added or removed along project life while keeping the consistency of the definition without need for new baselines.

(i) Roads rehabilitated: Disaggregation between rural and non-rural has been removed. Indicator definition has been added. (ii) Passengers traffic, including tourists by sea and air per annum in targeted poles, revised to: Passengers’ traffic by air per

annum. Indicator revised to (i) remove mention of tourists and include only passengers as a breakdown by type of passenger is not available, (ii) remove passengers by sea due to difficulty in collecting data given current lack of reliability and standardization between multiple data sources, (iii) remove disaggregation by poles though tracked internally, (iv) add Ivato International Airport in Antananarivo, which has benefited from project support to the partial liberalization of skies and to route development activities, resulting in new airlines serving the country, mostly through Antananarivo Ivato Airport (v) adding a definition and clarifying that it includes both departures and arrivals as per International Civil Aviation Organization definition, (vi) baseline changed to 2014, closer to project effectiveness. Targets are also revised to reflect the changes above.

(iii) Export value for the selected crops in the targeted poles, revised to: Increase in export value for the selected crops in the targeted poles. Indicator revised by (i) changing from absolute annual export value to a cumulative increase in export value; (ii) changing baseline (USD 30.6 million in 2014) to 0 so new crops supported can be added or removed during project life without the need for modified baselines; (iii) removing disaggregation by poles from the matrix though this will be tracked as part of internal M&E plan; (iv) revising targets to account for project implementation as well as changes in crops’ international market prices.

(iv) Increase in revenues from target cash crop production for smallholders in the targeted corridors and pole: The indicator is revised by (i) measuring real revenues in MGA rather than percentage changes to better demonstrate the magnitude of the economic impact of the project; (ii) setting baselines to 0 in line with the export values indicator to allow for changes in the number of smallholders accounted for given changes in value chain support; (iii) revising targets to be more conservative to account for external shocks and market price fluctuations; (iv) changing frequency of data collection from every 2 years to yearly; (v) removing mention of specific crops in the indicator definition for greater project flexibility in selecting value chains to support (vi) including processors in addition to producers in the definition of smallholders.


20. Intermediate indicators dropped(i) Increase in the number of wage jobs in the targeted corridors and poles: Indicator dropped as light household surveys have

not been conducted. Wage jobs (informal and formal) will be measured through an impact evaluation for which data will be available for the 2014 baseline, 2017-2018 mid-term evaluation, and after project closing.

(ii) Local Governance Index in the targeted municipalities: The indicator was dropped as its components measure dimensions beyond the scope of project interventions. A new indicator on the percentage of municipal budgets allocated for investment has been added.

(iii) Enterprises directly benefiting from the project: The indicator was dropped as PIC2-1 will focus mainly on MBIF window 2 entrepreneurs and not enterprises.

(iv) Annual additional sales value of firms supported by MBIF: The indicator was dropped as PIC2-1 will focus only on MBIF window 2 following the suspension of window 1.

(v) People provided with business development services and training programs: Indicator dropped as this is an output indicator that will be monitored internally, and the target training group of suspended MBIF window 1 grant recipients are no longer beneficiaries.

(vi) Farmers provided with improved inputs and equipment: Indicator dropped as this is an output indicator that will be monitored internally

III. SUMMARY OF CHANGES

Changed Not Changed

Change in Results Framework ✔

Change in Components and Cost ✔

Reallocation between Disbursement Categories ✔

Change in Disbursement Estimates ✔

Change in Implementing Agency ✔

Change in DDO Status ✔

Change in Project's Development Objectives ✔

Change in Loan Closing Date(s) ✔

Cancellations Proposed ✔

Change in Disbursements Arrangements ✔

Change in Systematic Operations Risk-Rating Tool (SORT) ✔

Change in Safeguard Policies Triggered ✔

Change of EA category ✔

Change in Legal Covenants ✔

Change in Institutional Arrangements ✔

Change in Financial Management ✔


Change in Procurement ✔

Change in Implementation Schedule ✔

Other Change(s) ✔

Change in Economic and Financial Analysis ✔

Change in Technical Analysis ✔

Change in Social Analysis ✔

Change in Environmental Analysis ✔

IV. DETAILED CHANGE(S)

OPS_DETAILEDCHANGES_RESULTS_TABLE

RESULTS FRAMEWORK

Project Development Objective Indicators PDO_IND_TABLE

Number of formal jobs created in the targeted polesUnit of Measure: NumberIndicator Type: Custom

Baseline Actual (Current) End Target Action

Value 4346.00 26638.00 39346.00 Revised

Date 31-Dec-2014 29-Dec-2017 30-Sep-2019

Of which in tourismUnit of Measure: NumberIndicator Type: Custom Breakdown


Value 690.00 3554.00 4985.00 New

Date 31-Dec-2014 29-Dec-2017 30-Sep-2019

Of which in agribusinessUnit of Measure: NumberIndicator Type: Custom Breakdown


Value 1089.00 6660.00 7589.00 New

Date 31-Dec-2014 29-Dec-2017 30-Sep-2019


Of which in the Diana regionUnit of Measure: NumberIndicator Type: Custom Breakdown


Value 1528.00 3886.00 4000.00 Marked for Deletion

Date 31-Dec-2013 01-Dec-2017 31-Dec-2018




Date 31-Dec-2013 01-Dec-2017 31-Dec-2018

Of which in Atsimo-Andrefana regionUnit of Measure: NumberIndicator Type: Custom Breakdown



Date 31-Dec-2013 01-Dec-2017 31-Dec-2018

In which in tourismUnit of Measure: NumberIndicator Type: Custom Breakdown



Date 31-Dec-2013 01-Dec-2017 31-Dec-2018

Of which in Anosy regionUnit of Measure: NumberIndicator Type: Custom Breakdown




Date 31-Dec-2013 01-Dec-2017 31-Dec-2018

Number of formal businesses newly registered in the targeted polesUnit of Measure: NumberIndicator Type: Custom


Value 3259.00 15005.00 21000.00 Revised

Date 31-Dec-2014 29-Dec-2017 30-Sep-2019



Value 620.00 2591.00 4020.00 New

Date 31-Dec-2014 29-Dec-2017 30-Sep-2019

of which in agribusinessUnit of Measure: NumberIndicator Type: Custom Breakdown


Value 420.00 986.00 1460.00 New

Date 31-Dec-2014 29-Dec-2017 30-Sep-2019




Date 31-Dec-2013 01-Dec-2017 31-Dec-2018





Date 31-Dec-2013 01-Dec-2017 31-Dec-2018

Of which in Diana regionUnit of Measure: NumberIndicator Type: Custom Breakdown



Date 31-Dec-2013 01-Dec-2017 31-Dec-2018

Direct project beneficiariesUnit of Measure: NumberIndicator Type: Custom



Date 31-Dec-2014 01-Dec-2017 31-Dec-2018

Of which people provided with improved water sources under the projectUnit of Measure: NumberIndicator Type: Custom Breakdown



Date 31-Dec-2014 01-Dec-2017 31-Dec-2018

Of which people provided with access to regular solid waste collection under the projectUnit of Measure: NumberIndicator Type: Custom Breakdown



Date 31-Dec-2014 01-Dec-2017 31-Dec-2018

Female beneficiaries


Unit of Measure: PercentageIndicator Type: Custom Supplement



Intermediate IndicatorsIO_IND_TABLE

Number of recommended reforms or policies adoptedUnit of Measure: NumberIndicator Type: Custom


Value 0.00 15.00 18.00 Revised

Date 31-Dec-2014 29-Dec-2017 30-Sep-2019

Of which reforms related to tax simplificationUnit of Measure: NumberIndicator Type: Custom Breakdown



Date 31-Dec-2014 01-Dec-2017 31-Dec-2018

Of which reforms related to commercial disputesUnit of Measure: NumberIndicator Type: Custom Breakdown



Date 31-Dec-2014 01-Dec-2017 31-Dec-2018

Of which IC reformsUnit of Measure: NumberIndicator Type: Custom Breakdown




Date 31-Dec-2014 01-Dec-2017 31-Dec-2018

Increase in annual municipal revenues collected in the target poles (MGA billion)Unit of Measure: NumberIndicator Type: Custom



Date 31-Dec-2014 29-Dec-2017 31-Dec-2019

Of which urban municipalitiesUnit of Measure: NumberIndicator Type: Custom Breakdown


Value 0.00 3.75 4.88 New

Date 31-Dec-2014 29-Dec-2017 31-Dec-2019

Of which rural municipalitiesUnit of Measure: NumberIndicator Type: Custom Breakdown


Value 0.00 1.97 2.42 New

Date 31-Dec-2015 29-Dec-2017 31-Dec-2019



Value Marked for Deletion

Date 31-Dec-2013 01-Dec-2017 31-Dec-2018

Of which in Atsimo-Andrefana regionUnit of Measure: Number


Indicator Type: Custom Breakdown



Date 31-Dec-2013 01-Dec-2017 31-Dec-2018




Date 31-Dec-2013 01-Dec-2017 31-Dec-2018

Percentage of municipal budgets executed for investment by targeted municipalitiesUnit of Measure: PercentageIndicator Type: Custom


Value 0.00 11.00 15.00 New

Date 31-Dec-2014 29-Dec-2017 31-Dec-2019

Roads RehabilitatedUnit of Measure: KilometersIndicator Type: Custom


Value 0.00 9.70 12.00 No Change

Date 31-Dec-2014 01-Dec-2017 31-Dec-2018

Of which non ruralUnit of Measure: KilometersIndicator Type: Custom Breakdown



Date 31-Dec-2014 01-Dec-2017 31-Dec-2018

Number of people provided with access to solid waste collection:Unit of Measure: Number (Thousand)


Indicator Type: Custom


Value 0.00 150.80 162.00 New

Date 31-Dec-2014 29-Dec-2017 30-Sep-2019

Number of people provided with access to improved water sourcesUnit of Measure: Number (Thousand)Indicator Type: Custom


Value 0.00 0.00 250.00 New

Date 31-Dec-2014 29-Dec-2017 30-Sep-2019

Passengers traffic by air per annumUnit of Measure: Number (Thousand)Indicator Type: Custom


Value 1144.00 1270.00 1576.00 Revised

Date 31-Dec-2014 29-Dec-2017 31-Dec-2019

Of which in Atsimo-Andrefana regionUnit of Measure: Number (Thousand)Indicator Type: Custom Breakdown



Date 31-Dec-2013 01-Dec-2017 31-Dec-2018

Of which in the Diana regionUnit of Measure: Number (Thousand)Indicator Type: Custom Breakdown



Date 31-Dec-2013 01-Dec-2017 31-Dec-2018

Increase in export value for the selected crops in the targeted polesUnit of Measure: Amount(USD)


Indicator Type: Custom


Value 0.00 -3100000.00 4400000.00 Revised

Date 31-Dec-2013 29-Dec-2017 30-Sep-2019

Of which in Atsimo-Andrefana region (cotton and sea cucumber)Unit of Measure: Amount(USD)Indicator Type: Custom Breakdown



Date 31-Dec-2013 01-Dec-2017 31-Dec-2018

Of which in the Diana region (cocoa, cashew, ylang ylang)Unit of Measure: Amount(USD)Indicator Type: Custom Breakdown



Date 31-Dec-2013 01-Dec-2017 31-Dec-2018

Increase in revenues from target cash crop production for smallholders in the target corridors in the target poles (MGA billion)Unit of Measure: NumberIndicator Type: Custom



Date 31-Dec-2013 29-Dec-2017 30-Sep-2019

Increase in the number of wage jobs in the target corridors in the target polesUnit of Measure: PercentageIndicator Type: Custom



Date 31-Dec-2014 01-Dec-2017 31-Dec-2018


Of which in Atsimo-Andrefana regionUnit of Measure: PercentageIndicator Type: Custom Breakdown



Date 31-Dec-2014 01-Dec-2017 31-Dec-2018

Of which in the Diana regionUnit of Measure: PercentageIndicator Type: Custom Breakdown



Date 31-Dec-2014 01-Dec-2017 31-Dec-2018

Of which in Anosy RegionUnit of Measure: PercentageIndicator Type: Custom Supplement



Hotel rooms for establishments in the target polesUnit of Measure: NumberIndicator Type: Custom


Value 4694.00 5566.00 5150.00 No Change

Date 31-Dec-2013 01-Dec-2017 31-Dec-2018





Date 31-Dec-2013 01-Dec-2017 31-Dec-2018




Date 31-Dec-2013 01-Dec-2017 31-Dec-2018

Local Governance Index in the targeted municipalitiesUnit of Measure: NumberIndicator Type: Custom



Date 31-Dec-2013 01-Dec-2017 31-Dec-2018




Date 31-Dec-2013 01-Dec-2017 31-Dec-2018




Date 31-Dec-2013 01-Dec-2017 31-Dec-2018





Date 31-Dec-2013 01-Dec-2017 31-Dec-2018

Enterprises directly benefiting from the projectUnit of Measure: NumberIndicator Type: Custom



Date 31-Dec-2014 01-Dec-2017 31-Dec-2018

Annual additional sales value of firms supported by the MBIFUnit of Measure: Amount(USD)Indicator Type: Custom



Date 31-Dec-2014 01-Dec-2017 31-Dec-2018

People provided with Business Development Services and training programsUnit of Measure: NumberIndicator Type: Custom



Date 31-Dec-2014 01-Dec-2017 31-Dec-2018

Farmers provided with improved inputs and equipmentUnit of Measure: NumberIndicator Type: Custom



Date 31-Dec-2014 01-Dec-2017 31-Dec-2018


OPS_DETAILEDCHANGES_COMPONENTS_TABLE

COMPONENTS

Current Component Name

Current Cost

(US$M)Action Proposed

Component NameProposed

Cost (US$M)

COMPONENT 1: STRENGTHENING THE ENABLING ENVIRONMENT FOR ENTREPRENEURSHIP AND INVESTMENT

11.00 Revised

COMPONENT 1: STRENGTHENING THE ENABLING ENVIRONMENT FOR ENTREPRENEURSHIP AND INVESTMENT

6.00

COMPONENT 2:SECTOR BASED GROWTH IN THE ATSIMO-ANDREFANA, ANOSY AND DIANA REGIONS

35.50 Revised

COMPONENT 2:SECTOR BASED GROWTH IN THE ATSIMO-ANDREFANA, ANOSY AND DIANA REGIONS

36.80

COMPONENT 3:PROJECT IMPLEMENTATION, M&E, SAFEGUARDS, IMPACT EVALUATION

3.50 Revised

COMPONENT 3:PROJECT IMPLEMENTATION, M&E, SAFEGUARDS, IMPACT EVALUATION

4.85

TOTAL 50.00 47.65

OPS_DETAILEDCHANGES_REALLOCATION _TABLE

REALLOCATION BETWEEN DISBURSEMENT CATEGORIES

Current Allocation Actuals + Committed Proposed Allocation Financing %(Type Total)

Current Proposed

IDA-55640-001 | Currency: XDR

iLap Category Sequence No: 1 Current Expenditure Category: GDS WRK NON-CON CONS TRN OP Comp 1

5,100,000.00 1,819,058.74 3,190,000.00 100.00 100.00

iLap Category Sequence No: 2 Current Expenditure Category: GDS WRK NON-CON CONS TRN OP Comp2,3

24,700,000.00 17,361,627.20 28,543,000.00 100.00 100.00

iLap Category Sequence No: 3 Current Expenditure Category: MATCHING GRANTS

2,400,000.00 84,510.55 840,000.00 100.00 100.00

iLap Category Sequence No: 4 Current Expenditure Category: OCAI GRANTS


300,000.00 230,922.50 395,000.00 100.00 100.00

iLap Category Sequence No: 5 Current Expenditure Category: PPF REFINANCING

1,300,000.00 831,753.60 832,000.00

Total 33,800,000.00 20,327,872.59 33,800,000.00

OPS_DETAILEDCHANGES_DISBURSEMENT_TABLE

DISBURSEMENT ESTIMATES

Change in Disbursement EstimatesYes

Year Current Proposed

2015 4,638,837.03 4,638,837.03

2016 4,651,162.97 4,533,200.23

2017 14,600,000.00 13,367,832.74

2018 13,200,000.00 13,200,000.00

2019 10,910,000.00 10,910,130.00

2020 2,000,000.00 1,000,000.00

2021 0.00 0.00

Documents

World Bank Documentdocuments.worldbank.org/curated/en/... · The PIC2.1 project has financed the transaction support for Air Madagascar to find a strategic partner, which resulted