The World Bank Report No: ISR7794 Implementation Status & Results Tanzania Tanzania Poverty Reduction Support Credit 9 (P112762) Public Disclosure Copy Project Name: Tanzania Poverty Reduction Support Credit 9 (P112762) Program Stage: Implementation Seq.No: 1 Status: ARCHIVED Archive Date: 31-Dec-2012 Country: Tanzania Approval FY: 2012 Product Line: IBRD/IDA Region: AFRICA Lending Instrument: Development Policy Lending Implementing Agency(ies): Key Dates Board Approval Date 15-Mar-2012 Original Closing Date 30-Jun-2013 Planned Mid Term Review Date 12-Nov-2012 Last Archived ISR Date Effectiveness Date 20-Apr-2012 Revised Closing Date 30-Jun-2013 Actual Mid Term Review Date 12-Nov-2012 Program Development Objectives Program Development Objective (from Program Document) The two PDOs are to: (i) improve the investment climate in select strategic areas for competitiveness and shared growth in the country by leveraging its geographical advantage and facilitating agglomeration effects; and (ii) ensure macroeconomic stability and safeguard shared growth through sound management of public finance. Has the Program Development Objective been changed since Board Approval of the Program? Yes No Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Implementation Status Overview In terms of progress toward achievement of PDOs, many outcome indicators have made solid progress. Good progress has been made in the areas under the investment climate pillar such as special economic zones (SEZs) and regional transit hub. On the other hand, progress is mixed in the areas of public finance pillar. There are some indicators showing Public Disclosure Copy performance weakened relative to the baseline such as tax exemptions and budget execution rate. The outcome indicators for public investment management and PPP are yet to show progress given slow start in preparing PIM manual (POPC) and PPP finance regulations (MoF). Implementation progress is also broadly on track with some shortcomings. The credit declared effective within a month from the Board approval and disbursed promptly. Progress toward achieving PRSC-10 triggers is broadly on track. Out of 9 triggers, 5 triggers have already been met and 1 trigger will not be converted to prior actions to allow other Bank instruments to capture. Results Results Indicators Page 1 of 4 The World Bank Report No: ISR7794 Indicator Name Core Unit of Measure Baseline Current End Target Time taken by the Business Registrations and Days Value 3.00 3.00 2.00 Licensing Agency (BRELA) to register a Date 30-Jun-2011 30-Nov-2012 30-Jun-2016 Public Disclosure Copy comapny Comments Since it is measured only in day not hours, it is officially still 3 days. But BRELA informed the team that it is less than 3 daysif not 2 days. Aggregate value of total investments (foreign Amount(USD) Value 8300000000.00 1010000000000.00 and domestic) in a year Date 30-Jun-2011 30-Jun-2011 Comments Number to be provided by TIC. Number of operating investors in the existing Number Value 39.00 59.00 100.00 special economic zones Date 30-Jun-2011 30-Jun-2012 30-Jun-2016 Comments Total capital invested in the special economic Amount(USD) Value 650000000.00 792200000.00 1000000000.00 zones per year Date 30-Jun-2011 30-Jun-2012 30-Jun-2016 Comments Average time taken for a container from off- Days Value 12.00 9.00 5.00 loading until clearing from port Date 30-Jun-2011 30-Nov-2012 30-Jun-2016 Comments Average time taken for trucks to cross the main Days Value 2.00 0.50 border posts Date 31-Dec-2010 30-Jun-2016 Comments Percent of country covered by land-use Percentage Value 8.00 12.00 42.00 management plan Date 30-Jun-2011 30-Nov-2012 30-Jun-2016 Comments Public Disclosure Copy Domestic revenue as percentage of GDP Percentage Value 16.50 17.56 18.00 Date 30-Jun-2011 30-Jun-2012 30-Jun-2016 Comments Tax exemption as percentage of domestic Percentage Value 2.20 3.80 1.00 revenue Date 30-Jun-2010 30-Jun-2012 30-Jun-2016 Comments Based on RBA 2012. Page 2 of 4 The World Bank Report No: ISR7794 Appraised PIPs based on econ. and fin.l Percentage Value 0.00 0.00 70.00 analysis as outlines in operational manuals Date 30-Jun-2011 30-Nov-2012 30-Jun-2016 prepared by POPC as % of total new PIPs by Comments MDAsand central min. implemented in a year Public Disclosure Copy No of PPP projects signed after ex-ante value Number Value 0.00 0.00 3.00 for money and affordability reviews and with Date 30-Jun-2011 30-Nov-2012 30-Jun-2016 ex-post monitoring of fiscal risk by MoF Comments Approved budget broadly in line with policy Percentage Value 75.00 75.00 100.00 objectives (MKUKUTA, FYDP, sectors policy Date 31-Aug-2011 31-Aug-2012 31-Aug-2015 priorities) Comments Based on RBA 2012. Expenditure outturn deviation compared to Percentage Value -13.70 -15.00 -10.00 original approved budget Date 30-Jun-2011 30-Jun-2012 30-Jun-2016 Comments Based on RBA 2012. Proportions of MDAs that are connected with Percentage Value 100.00 100.00 100.00 IFMS that have effective interconnectivity Date 30-Jun-2011 30-Nov-2012 30-Jun-2016 Comments Proportion of Regions that are connected with Percentage Value 100.00 84.00 100.00 IFMS that have effective connectivity Sub Type Supplemental Proportion of LGAs that are connected with Percentage Value 0.00 88.00 100.00 IFMS that have effective interconnectivity Sub Type Supplemental Open budget index Number Value 45.00 55.00 Date 30-Jun-2011 30-Jun-2016 Comments 2012 OBI not available yet. Data on Financial Performance (as of 02-May-2012) Public Disclosure Copy Financial Agreement(s) Key Dates Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P112762 IDA-50720 Effective 15-Mar-2012 02-Apr-2012 20-Apr-2012 30-Jun-2013 30-Jun-2013 Disbursements (in Millions) Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P112762 IDA-50720 Effective XDR 64.50 64.50 0.00 64.50 0.00 100.00 Tranches Page 3 of 4 The World Bank Report No: ISR7794 Tranche 1 Public Disclosure Copy Amount (USD) Expected Release Date Actual Release Date Status 0 Pending Released Key Decisions Regarding Implementation PRSC-10 prior actions and PRSC-11 triggers will have more focus on public finance areas. Investment climate pillar will focus on SEZs and regional transit hub components. Some outcome indicators will need to be modified in the results framework of PRSC-9 to -11 series to be better aligned with triggers set for PRSC-10 and -11. The renewed PER process is expected to provide technical support to some critical areas under the public finance pillar, notably PIM. Restructuring History There has been no restructuring to date. Related Operations P110836-Tanzania Poverty Reduction Support Credit 10, P112762-Tanzania Poverty Reduction Support Credit 9, P120536-Tanzania Poverty Reduction Support Credit 11 Public Disclosure Copy Page 4 of 4