The World Bank Implementation Status & Results Report SAARC Development Fund - Capacity and Institutional Strengthening (P132632) SAARC Development Fund - Capacity and Institutional Strengthening (P132632) SOUTH ASIA | South Asia | Institutional Development Fund| FY 2013 |Seq No: 3 | ARCHIVED on 10-Mar-2016 | ISR22423 | Implementing Agencies: Key Dates Key Project Dates Bank Approval Date:16-Jan-2013 Effectiveness Date:12-Mar-2013 Planned Mid Term Review Date:01-Apr-2015 Actual Mid-Term Review Date:21-Sep-2015 Original Closing Date:12-Mar-2016 Revised Closing Date:12-Mar-2016 Project Development Objectives Project Development Objective (from IDF Proposal) The development objective (DO) of the IDF grant (the Grant) is to improve SDF's capacity to meet its organizational objectives by strengthening its capacity to plan, implement, supervise, monitor and evaluate its activities through: the design and implementation of a results-based Monitoring and Evaluation (M&E) framework and system; the design and implementation of SDF's Infrastructure and Economic Investment Windows; and providing general institutional strengthening support. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Development of M&E framework, systems and capacity:(Cost $162795.00 ) Operationalize Infrastructure and Economic Windows:(Cost $66970.00 ) Institutional Development Support and Implementation:(Cost $105830.00 ) Independent External Audit:(Cost $14000.00 ) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating Low Low 3/10/2016 Page 1 of 4 The World Bank Implementation Status & Results Report SAARC Development Fund - Capacity and Institutional Strengthening (P132632) Implementation Status and Key Decisions The Project is on track to achieve its Development Objectives. SDF is institutionally is ready to move forward with project investments under the Economic and Infrastructure windows. SDF’s credit policy has been approved, a credit manual has been prepared, and its legal framework completed. The design an M&E framework; formulation of an organizational results framework; development of an M&E Management and Information System (MIS) have also been completed. User testing acceptability test of the M&E MIS is underway. The final months of the Grant implementation period will center on completing three activities: (i) prepare a comprehensive strategic plan for the SDF; (ii) undertake a Business Process Re-engineering (BPR) and specific ICT Solution recommendation exercise; and (iii) Investment advisory and Treasury Management Services - including Fund Mobilization, Credit Rating, Portfolio Management. 3/10/2016 Page 2 of 4 The World Bank Implementation Status & Results Report SAARC Development Fund - Capacity and Institutional Strengthening (P132632) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- Low Low Macroeconomic -- Low Low Sector Strategies and Policies -- Low Low Technical Design of Project or Program -- Low Low Institutional Capacity for Implementation and Sustainability -- Moderate Moderate Fiduciary -- Low Low Environment and Social -- Low Low Stakeholders -- Low Low Other -- -- Low Overall -- Low Low Results Indicators PHINDPDOTBL M&E Framework developed and approved by SDF Board(Yes/No,Custom) Baseline Actual (Previous) Actual (Current) End Target Value N Y Y Y Date 12-Mar-2013 14-Jan-2014 14-Jan-2014 12-Mar-2016 PHINDPDOTBL Economic and Infrastructure Windows Operational(Yes/No,Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N Y Y Date 12-Mar-2013 02-Jun-2014 02-Jun-2014 12-Mar-2016 3/10/2016 Page 3 of 4 The World Bank Implementation Status & Results Report SAARC Development Fund - Capacity and Institutional Strengthening (P132632) PHINDPDOTBL Enhanced M&E capacity of SDF staff(Yes/No,Custom) Baseline Actual (Previous) Actual (Current) End Target Value N Y Y Y Date 12-Mar-2013 14-Jan-2014 14-Jan-2014 12-Mar-2016 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P132632 TF-14113 Effective USD 0.35 0.35 0.00 0.22 0.13 63% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P132632 TF-14113 Effective 12-Mar-2013 12-Mar-2013 12-Mar-2013 12-Mar-2016 12-Mar-2016 Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 3/10/2016 Page 4 of 4