Public Disclosure Copy The World Bank Implementation Status & Results Report Guinea-Bissau Public Sector Strengthening Project (P150827) Guinea-Bissau Public Sector Strengthening Project (P150827) AFRICA | Guinea-Bissau | Governance Global Practice | IBRD/IDA | Investment Project Financing | FY 2015 | Seq No: 7 | ARCHIVED on 18-Jun-2018 | ISR33195 | Implementing Agencies: Ministry of Finance, The Republic of Guinea Bissau Key Dates Key Project Dates Bank Approval Date:24-Mar-2015 Effectiveness Date:22-Jun-2015 Planned Mid Term Review Date:14-Jul-2017 Actual Mid-Term Review Date:14-Jul-2017 Original Closing Date:31-Dec-2018 Revised Closing Date:31-Dec-2018 Project Development Objectives Project Development Objective (from Project Appraisal Document) The Project Development Objective (PDO) is to assist the Government to re-establish basic systems for public financial management. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Performance, Control and Transparency of the Public Revenues:(Cost $2.40 M) Expenditure Control, Procurement, Accounting and Reporting:(Cost $1.10 M) Public Financial Management Reform Coordination and Project Management:(Cost $1.50 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Moderately Unsatisfactory  Moderately Satisfactory Overall Implementation Progress (IP)  Moderately Satisfactory  Moderately Satisfactory Overall Risk Rating  Substantial  Substantial Implementation Status and Key Decisions 6/18/2018 Page 1 of 6 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Guinea-Bissau Public Sector Strengthening Project (P150827) Project implementation is generally satisfactory. Budget implementation is currently at 79%. Progress on project activities since the last ISR (April 2018): The second technical mission to assess the electronic PFM system (SIGFIP) took place in late May. The consultant held meetings to validate the findings from his first mission and continued data collection and technical work to prepare his evaluation and action plan to improve the functionality and use of the system. The report and action plan is expected to be delivered in mid-June. The second support mission by UNCTAD for the roll-out of the Debt software took place in late May/early June. The Debt Management and Financial Assessment System (DMFAS) was purchased and installed in early 2018. A first mission focused on migrating the data from the old system. The second mission focused on training staff in the use of the system and collection of additional data. Two more missions are included in the contract with UNCTAD. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  Substantial  High  Substantial Macroeconomic  Moderate  Moderate  Moderate Sector Strategies and Policies  Moderate  Moderate  Moderate Technical Design of Project or Program  Moderate  Moderate  Moderate Institutional Capacity for Implementation and Sustainability  High  High  High Fiduciary  Substantial  Substantial  Substantial Environment and Social  Low  Low  Low Stakeholders  Low  Low  Low Other  --  --  -- Overall  Substantial  Substantial  Substantial Results Project Development Objective Indicators PHINDPDOTBL  Timely reporting of budget execution (Months, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 48.00 62.00 12.00 6.00 Date 16-Dec-2015 31-Dec-2017 08-Jun-2018 31-Dec-2018 6/18/2018 Page 2 of 6 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Guinea-Bissau Public Sector Strengthening Project (P150827) PHINDPDOTBL  Increased tax and customs revenue increase by 15% (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 62.00 85.00 85.00 71.00 Date 16-Dec-2015 31-Dec-2017 31-Dec-2017 31-Dec-2019 Overall Comments Intermediate Results Indicators PHINDIRITBL  Quarterly then monthly budget execution statements are published out of SIGFIP (Months, Custom) (Months, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 3.00 4.00 3.00 1.00 Date 16-Dec-2015 31-Dec-2017 08-Jun-2018 31-Dec-2018 PHINDIRITBL  Number of tax payers (number of NIFs issued) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 10,399.00 15,914.00 15,914.00 20,000.00 Date 30-Sep-2017 31-Dec-2017 31-Dec-2017 31-Dec-2019 6/18/2018 Page 3 of 6 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Guinea-Bissau Public Sector Strengthening Project (P150827) PHINDIRITBL  Number of Steps for import and export (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 26.00 9.00 9.00 6.00 Date 30-Sep-2017 31-Dec-2017 31-Dec-2017 31-Dec-2019 PHINDIRITBL  Database with reference prices for high volume import/export products (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N Y Y Y Date 30-Sep-2017 31-Dec-2017 31-Dec-2017 31-Dec-2019 PHINDIRITBL  Customs declarations submitted through Sydonia++ (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 60.00 90.00 90.00 100.00 Date 30-Sep-2017 31-Dec-2017 31-Dec-2017 31-Dec-2019 PHINDIRITBL  Dwell-time for imported and exported goods (Days, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 90.00 90.00 90.00 45.00 Date 30-Sep-2017 31-Dec-2017 31-Dec-2017 31-Dec-2019 6/18/2018 Page 4 of 6 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Guinea-Bissau Public Sector Strengthening Project (P150827) PHINDIRITBL  Delays in external debt payment (Days, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 7.00 6.00 6.00 1.00 Date 30-Sep-2017 31-Dec-2017 31-Dec-2017 31-Dec-2019 PHINDIRITBL  Increase in tax and customs audits and inspections (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target DGCI: 280 DGCI: 43 Audits DGCI: 271 Audits DGCI: 271 Audits Audits Value DGA: 4 Inspections DGA: 4 Inspections DGA: 4 Inspections DGA: 10 Inspections Date 31-Dec-2015 31-Dec-2017 31-Dec-2017 31-Dec-2019 Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P150827 IDA-55950 Effective USD 2.75 2.75 0.00 1.69 1.04 62% P150827 IDA-D0310 Effective USD 2.25 2.25 0.00 2.19 0.01 99% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P150827 IDA-55950 Effective 24-Mar-2015 18-May-2015 22-Jun-2015 31-Dec-2018 31-Dec-2018 P150827 IDA-D0310 Effective 24-Mar-2015 18-May-2015 22-Jun-2015 31-Dec-2018 31-Dec-2018 Cumulative Disbursements 6/18/2018 Page 5 of 6 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Guinea-Bissau Public Sector Strengthening Project (P150827) Restructuring History Level 2 Approved on 15-Jun-2018 Related Project(s) There are no related projects. 6/18/2018 Page 6 of 6 Public Disclosure Copy