The World Bank Implementation Status & Results Report Rural Economy Development Project (P168326) Rural Economy Development Project (P168326) EUROPE AND CENTRAL ASIA | Tajikistan | IBRD/IDA | Investment Project Financing (IPF) | FY 2019 | Seq No: 10 | Archived on 25-Jul-2024 | ISR59839 Implementing Agencies: The Ministry of Finance 1. OBJECTIVE 1.1 Development Objective Original Development Objective (Approved as part of Approval package on 19-Jun-2019) Project Development Objective is to improve the sources of livelihood for local populations in GBAO and Khatlon through tourism and agribusiness. Has the Development Objective been changed since Board Approval of the Project Objective? No 2. COMPONENTS Name Component 1 - Improve public infrastructure for development of tourism, agribusiness and related sectors:(Cost 12,000,000.00) Component 2 - Support to MSMEs and entrepreneurs in the tourism, agribusiness, and related sectors:(Cost 8,200,000.00) Component 3 - Capacity building and business development services in tourism, agribusiness and related sectors:(Cost 6,900,000.00) Component 4 - Project coordination, implementation and Grant Program Management and Administration:(Cost 2,900,000.00) 3. OVERALL RATINGS Name Previous Current Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Satisfactory Overall Risk Rating Moderate Moderate Jul 26, 2024 Page 1 of 9 The World Bank Implementation Status & Results Report Rural Economy Development Project (P168326) 4. KEY ISSUES & STATUS 4.1 Implementation Status and Key Decisions 5. SYSTEMATIC OPERATIONS RISK-RATING TOOL Rating at Approval Last Approved Rating Risk Category Approval Package - ISR Seq. 09 - 02 Jan Proposed Rating 20 Jun 2019 2024 Political and Governance Substantial Moderate Moderate Macroeconomic Substantial Substantial Substantial Sector Strategies and Policies Substantial Moderate Moderate Technical Design of Project or Program Substantial Low Low Institutional Capacity for Implementation and Substantial Moderate Moderate Sustainability Fiduciary Substantial Moderate Moderate Environment and Social Substantial Substantial Substantial Stakeholders Substantial Low Low Overall Substantial Moderate Moderate Jul 26, 2024 Page 2 of 9 The World Bank Implementation Status & Results Report Rural Economy Development Project (P168326) 6. RESULTS 6.1 PDO Indicators by PDO Outcomes To improve the livelihood for local populations in GBAO and Khatlon through tourism and agribusiness Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year 20,000.00 Jul/2019 415,811.00 30-Nov-2023 416,457.00 28-Jun-2024 36,000.00 Jun/2024 Increased number of tourists Comments on The target of this indicator was adjusted during the Restructuring to reflect the higher number in GBAO and Khatllon achieving targets of tourists arriving in Tajikistan compared to what was expected during the project's inception. (Number) The reasons behind this include the introduction of a one-side visa-free regime in 52 countries, and the lifting of visa requirements between Tajikistan and Uzbekistan. 10,000,000.00 Jul/2019 19,803,000.00 30-Nov-2023 19,803,000.00 28-Jun-2024 18,000,000.00 Jun/2024 Increased tourism spending in Comments on The target of this indicator overperformed and it is at 113%. This overperformance is related GBAO and Khatlon achieving targets to the higher number of tourists arriving in Tajikistan compared to what was expected during (Amount(USD)) the project's inception. The reasons behind this include the introduction of a one-side visa-free regime in 52 countries and the lifting of visa requirements between Tajikistan and Uzbekistan Increase in the volume of 0.00 Jul/2019 341.00 30-Nov-2023 341.00 30-Nov-2023 30.00 Dec/2025 processed agrifood products Comments on This target was increased during the Restructuring to reflect the higher volume of processed in GBAO and Khatlon achieving targets agrifood products than expected, given the use of more sophisticated equipment available (Tones/year) under the matching grants. Number of jobs created 0.00 Jul/2019 1,507.00 30-Nov-2023 3,107 28-Jun-2024 7,000.00 Dec/2025 through the project Comments on This target was adjusted during the Restructuring to reflect only documented jobs generated interventions in GBAO and achieving targets under the project. Khatlon, of which 50% for women and youth (Number) Page 3 of 9 The World Bank Implementation Status & Results Report Rural Economy Development Project (P168326) Young people (15-24 years 0.00 Jul/2019 10.00 30-Nov-2023 1,104 28-Jun-2024 50.00 Dec/2025 old) who acquired skills Comments on This indicator was revised during the Restructuring to include two indicators to allow through the project, achieving targets monitoring of the number of young people who acquired skills under the project to work in disaggregated by age and the agribusiness and tourism sectors. gender (Percentage) (Percentage, Custom) (Percentage) 6.2 Intermediate Results Indicators by Components Component 1 - Improve public infrastructure for development of tourism, agribusiness and related sectors Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year Number of bazaars and other 0.00 Jul/2019 5.00 30-Nov-2023 5.00 28-Jun-2024 8.00 Dec/2025 agribusiness related Comments on This target remains achievable. infrastructure improved achieving targets under the project (Number) 0.00 Jul/2019 421.00 30-Nov-2023 421.00 28-Jun-2024 7.00 Jun/2024 Number of sites with tourism Comments on This target has been overachieved with many smaller tourist signs installed in GBAO and signage installed (Number) achieving targets Khatlon. Number of upgraded food 0.00 Jul/2019 25.00 30-Nov-2023 25.00 28-Jun-2024 25.00 Jun/2024 safety laboratories Comments on This target has been achieved prior to the project's closing date. (Number) achieving targets Number of tourist sites 0.00 Jul/2019 0.00 30-Nov-2023 1 28-Jun-2024 4.00 May/2024 rehabilitated under the Comments on Three sites in Khatlon are either completed or close to completion by the implementation project (Number) schedule (and in some cases, prior to the implementation schedule). The site in GBAO Page 4 of 9 The World Bank Implementation Status & Results Report Rural Economy Development Project (P168326) achieving targets (Yamchun Fortress) is in line with the implementation schedule established during the Restructuring. Component 2 - Support to MSMEs and entrepreneurs in the tourism, agribusiness, and related sectors Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year Number of homestays, rest 0.00 Jul/2019 82.00 30-Nov-2023 148 28-Jun-2024 54.00 Jun/2024 stops and restaurants Comments on This target has been overachieved prior to the project's original closing date. improved (Number) achieving targets Number of small scale post 0.00 Jul/2019 97.00 30-Nov-2023 192 28-Jun-2024 150.00 Dec/2025 harvesting processing and Comments on This target remains achievable. cold storage facilities achieving targets established (Number) Percentage of beneficiaries 0.00 Jul/2019 89.00 30-Nov-2023 100 28-Jun-2024 70.00 May/2024 reporting improved Comments on This target remains achievable. satisfaction with the achieving targets transparency and responsiveness of the beneficiary feedback mechanism for the grants programs. (Percentage) Number of collection points 0.00 Jul/2019 20.00 30-Nov-2021 20.00 28-Jun-2024 20.00 May/2024 for agricultural products Comments on This target has been achieved prior to the project's original closing date. established (Number) achieving targets Incremental increase in visits 0.00 Jul/2019 0.00 30-Nov-2022 101,000 30-Nov-2022 15.00 May/2024 to the sites after they are Comments on This target has been overachieved even with one completed cultural heritage site. rehabilitated under the achieving targets project (Number (Thousand)) Component 3 - Capacity building and business development services in tourism, agribusiness and related sectors Page 5 of 9 The World Bank Implementation Status & Results Report Rural Economy Development Project (P168326) Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year 0.00 Jul/2019 373.00 30-Nov-2023 373 28-Jun-2024 500.00 Jun/2024 Number of people trained, Comments on Number of people trained under the program, including those who possess higher-level 50% of which are women achieving targets education (hotel/catering managers), semi-level education (tourist guides) and on-the-job (Number) training for low-skilled workers (waiters, cleaning staff, and landscaping crews, with preference given to individuals from vulnerable groups) Number of familiarization 0.00 Jul/2019 5.00 30-Nov-2023 5.00 28-Jun-2024 3.00 May/2024 tours organized for external Comments on Number of familiarization tours organized to bring international tour operators into Tajikistan tour operators to see what achieving targets for their familiarization with the country and its offering to various segments of tourists Tajikistan may offer to tourists (Number) Number of local and 0.00 Jul/2019 7.00 30-Nov-2023 7.00 28-Jun-2024 4.00 May/2024 international trade fairs Comments on Trade fairs held for promotion of both tourism-related and agribusiness activities together and attended by representatives achieving targets separately of Tajik tourism and agribusiness sectors to promote their sectors (Number) Component 4 - Project coordination, implementation and Grant Program Management and Administration Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year Number of outreach 0.00 Jul/2019 9.00 30-Nov-2023 10 28-Jun-2024 10.00 May/2024 campaigns for potential Comments on Enablers held public consultations as part of the outreach campaign for potential beneficiaries grants beneficiaries held achieving targets in GBAO and Khatlon to (i) present the matching grants program and (ii) to consult with under the project to ensure potential beneficiaries on any improvement of the program based on the direct feedback. inclusiveness (Number) Number of proposals 0.00 Jul/2019 169.00 30-Nov-2023 169.00 30-Nov-2023 50.00 May/2024 collected by the Grant Comments on This target has been overachieved prior to the project's original closing date. Page 6 of 9 The World Bank Implementation Status & Results Report Rural Economy Development Project (P168326) Management Company from achieving targets each facilitator after each round of Calls of Proposals (Number) Page 7 of 9 The World Bank Implementation Status & Results Report Rural Economy Development Project (P168326) 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-D4980 Effective 30.00 30.00 0.00 22.72 6.28 75.74% 7.3 Key Dates (by loan) Loan/Credit/TF Status Approval Signing Effectiveness Orig. Closing Rev. Closing IDA-D4980 Effective 20-Jun-2019 15-Jan-2020 27-Jun-2020 02-Dec-2024 31-Dec-2025 8. KEY DATES Jul 26, 2024 Page 8 of 9 The World Bank Implementation Status & Results Report Rural Economy Development Project (P168326) Key Events Planned Actual Approval 20-Jun-2019 20-Jun-2019 Effectiveness 27-Jun-2020 27-Jun-2020 Mid-Term Review No. 01 14-Apr-2023 14-Apr-2023 Operation Closing/Cancellation 31-Dec-2025 9. RESTRUCTURING HISTORY Restructuring Level 2 Approved on 20-Feb-2024 10. ASSOCIATED OPERATION(S) There are no associated operations Jul 26, 2024 Page 9 of 9