The World Bank Implementation Status & Results Report Building Capacity in Statistics and Audit Project (P180723) Building Capacity in Statistics and Audit Project (P180723) EAST ASIA AND PACIFIC | Solomon Islands | IBRD/IDA | Investment Project Financing (IPF) | FY 2024 | Seq No: 1 | Archived on 28-Mar-2024 | ISR00115 Implementing Agencies: Office of the Auditor General of Solomon Islands, Solomon Islands National Statistics office 1. OBJECTIVE 1.1 Development Objective Original Development Objective (Approved as part of Approval package on 28-Nov-2023) To improve the availability and quality of official statistics and audits in Solomon Islands Has the Development Objective been changed since Board Approval of the Project Objective? No 2. COMPONENTS Name Strengthening statistical capacity:(Cost 4,000,000.00) Strengthening audit capacity:(Cost 1,700,000.00) Project and portfolio management:(Cost 800,000.00) 3. OVERALL RATINGS Name Current Progress towards achievement of PDO Satisfactory Overall Implementation Progress (IP) Satisfactory Overall Risk Rating Moderate 4. KEY ISSUES & STATUS 4.1 Implementation Status and Key Decisions Mar 28, 2024 Page 1 of 7 The World Bank Implementation Status & Results Report Building Capacity in Statistics and Audit Project (P180723) Progress toward initiating project activities has commenced. The recruitment of Project Support Team (PST) positions progressed, with the terms of references finalized and uploaded by the Implementation Agencies (IAs) onto the Systematic Tracking of Exchanges in Procurement (STEP) system. The establishment of operational accounts for both IAs is also in progress. The project launch workshop is to be organized in May after establishing the Project Steering Committee (PSC) and the PST. The preparation for the Household Income and Expenditure Survey (HIES) has progressed, with the questionnaire continuing to be developed, the survey sampling on track to be finalized in March, and the training to begin in July. A draft IT capability and maturity assessment has been completed with recommendations for the Office of Auditor General (OAG) to enhance the use of technology and data analytics to improve efficiency in the audit process and is expected to be finalized in March. 5. SYSTEMATIC OPERATIONS RISK-RATING TOOL Rating at Approval Risk Category Approval Package - 28 Nov Proposed Rating 2023 Political and Governance Moderate Moderate Macroeconomic Moderate Moderate Sector Strategies and Policies Low Low Technical Design of Project or Program Moderate Moderate Institutional Capacity for Implementation and Substantial Substantial Sustainability Fiduciary Substantial Substantial Environment and Social Low Low Stakeholders Low Low Overall Moderate Moderate Mar 28, 2024 Page 2 of 7 The World Bank Implementation Status & Results Report Building Capacity in Statistics and Audit Project (P180723) 6. RESULTS 6.1 PDO Indicators by PDO Outcomes To improve availability and quality of official statistics Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year 0 Dec/2023 0 05-Mar-2024 0 05-Mar- 11. Media release Dec/2028 2024 with statistical Number of data and tables from an publications made annual business available from new HIES survey. 12. Media and business statistics release with for open access (Text) statistical tables from the SBR. No poverty Dec/2023 Not estimated yet. 05-Mar-2024 Not estimated yet. 05-Mar- The methodology Dec/2026 National poverty indicator 2024 used for poverty indicator estimated in based on estimation is line with the regional improved documented and standard approach HIES data made public for endorsed by the PSMB available transparency and (Text) replicability To improve availability and quality of audits Baseline Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Month/Year Not compliant Dec/2023 No 05-Mar- Compliant with Dec/2028 Financial, performance and compliance audits 2024 minor areas for conducted by OAG staff in line with ISSAIs (Yes/No) improvement Mar 28, 2024 Page 3 of 7 The World Bank Implementation Status & Results Report Building Capacity in Statistics and Audit Project (P180723) Number of annual public events to disseminate audit 0 Dec/2023 0 05-Mar- 2 Dec/2028 report findings by thematic area (Number) 2024 6.2 Intermediate Results Indicators by Components Strengthening statistical capacity Baseline Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Month/Year Gross number of staff trained 0 Dec/2023 0 05-Mar-2024 50 Dec/2028 (Number) Number of gender indicators 0 Dec/2023 0 05-Mar-2024 15 Dec/2027 available using data collected within the last 5 years (Number) No feedback reports Dec/2023 No feedback reports 05-Mar-2024 Feedback surveys are Dec/2028 sent to individuals who Reports are produced based on have accessed the HIES feedback from data users (Text) microdata and a report is produced based on the survey results Strengthening audit capacity Baseline Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Month/Year TeamMate not used to Dec/2023 The Year 1 target has 05-Mar-2024 Implement one Dec/2028 maximum been completed: Study additional Increased integration of information functionality/integrate on how to enhance the recommendation on technology tools in the audit process d computer assisted use of IT tools in the use of information (Text) audit techniques audit process technology to increase (iCAATs) not utilized completed. audit efficiency Mar 28, 2024 Page 4 of 7 The World Bank Implementation Status & Results Report Building Capacity in Statistics and Audit Project (P180723) 49% backlog of audits Jan/2023 49% backlog of audits 05-Mar-2024 2% backlog > 3 years; Dec/2028 Reduction in backlog of statutory > 3 years; 38% backlog > 3 years; 38% backlog 10% backlog 1-2 years audit opinions issued (Text) of audits 1-2 years of audits 1-2 years Publish citizen friendly annual audit 0 Dec/2023 0 05-Mar-2024 3 Dec/2028 insight reports by thematic area (Number) Mar 28, 2024 Page 5 of 7 The World Bank Implementation Status & Results Report Building Capacity in Statistics and Audit Project (P180723) 7. DATA ON FINANCIAL PERFORMANCE 7.1 Cumulative Disbursements 7.2 Disbursements (by loan) Loan/Credit/TF Status Original Revised Cancelled Disbursed Undisbursed % Disbursed IDA-E2570 Effective 6.50 6.50 0.00 0.00 6.66 0% 7.3 Key Dates (by loan) Loan/Credit/TF Status Approval Signing Effectiveness Orig. Closing Rev. Closing IDA-E2570 Effective 28-Nov-2023 07-Dec-2023 19-Jan-2024 28-Dec-2028 28-Dec-2028 8. KEY DATES Mar 28, 2024 Page 6 of 7 The World Bank Implementation Status & Results Report Building Capacity in Statistics and Audit Project (P180723) Key Events Planned Actual Approval 28-Nov-2023 28-Nov-2023 Effectiveness 19-Jan-2024 19-Jan-2024 Mid-Term Review No. 01 26-Jan-2026 Operation Closing/Cancellation 28-Dec-2028 9. RESTRUCTURING HISTORY There has been no restructuring to date 10. ASSOCIATED OPERATION(S) There are no associated operations Mar 28, 2024 Page 7 of 7