51000 STATUS OF PROJECTS IN EXECUTION ­ FY09 SOPE SOUTH ASIA REGION COUNTRY: MALDIVES Operations Policy and Country Services OCTOBER 02, 2009 Introduction The Status of Projects in Execution (SOPE) Report for FY09 provides information on all IBRD/IDA projects that were active as of June 30, 2009. The World Bank has issued a SOPE Report every year as an internal communication to the Board of Executive Directors. In accordance with the Bank's revised disclosure policy, since FY02, the SOPE Report is available to the public. The report is intended to bridge the gap in information available to the public between the Project Appraisal Document or Program Document, disclosed after the Bank approves a project, and the Implementation Completion Report, disclosed after the project closes. In addition to the project progress description, the FY09 SOPE report1 contains project level comparisons of disbursement estimates and actual disbursements, and a table showing the loan/credit/grant amount and disbursements to date. 1 Notes: Amounts and Graphs for loans/credits/grants in currencies other than U.S. dollars may not match exactly due to exchange rate fluctuations over the life of the project. Disbursement graphs are not included for Development Policy Operations, which provide quick-disbursing financing to support policy and institutional reforms. For these operations, funds are disbursed in one or more stages (tranches), released when the borrower complies with agreed prior actions. Projects which are not yet effective may not have a planned disbursement schedule and thus will not include a graph. Status of Projects in Execution - FY09 EAST ASIA AND PACIFIC REGION Maldives Project Name(ID): Mobile Phone Banking Project (P107981) Country: Maldives Board Approval Date: 17-Apr-2008 Mid-Term Review Date: Closing Date: 30-Jun-2012 Payment systems, securities clearance and settlement (86%); Sector: Banking (7%); Central government administration (7%) The project was restructured, or received Additional Financing during no FY09: The objective of the project is to significantly increase the use of banking system transactions for effecting or receiving payments for labor, goods and services nationwide through Project development objective(s): the implementation of a national inter-operable payments system that facilitates access to financial services and allows users access to their bank account using any mobile phone operator and cashing through any banking agent. The Project recently missed a key milestone when a long delay in signing a Memorandum of Understanding between the Central Bank--the Maldives Monetary Authority--and a key stakeholder bank slowed progress in finalizing the contract to implement the Maldives Interoperable Payment System. Progress toward achieving However, preparation of the draft legal regulatory framework development objective(s): and the regulations to govern the new payments system is on schedule and is being finalized. A market survey has also been completed recently by the Consultative Group to Assist the Poorest and is expected to be discussed with the authorities during July 2009. Lending Information/Disbursement Summary (amounts in millions, as of Aug 17, 2009) Loan/Credit/Grant Status Currency Amount Disbursed UnDisbursed Cancellation IDA-43930 Effective XDR 7.24 0.30 7.26 0.00 Status of Projects in Execution - FY09 SOUTH ASIA REGION The link ed image cannot be display ed. The Lending Information/Disbursement Summary (in millions USD) file may hav e been mov ed, renamed, or deleted. Verify that the link points to the co ... Status of Projects in Execution-FY09 SOUTH ASIA REGION Project Name(ID): MV Environmental Management Proj (P108078) Country: Maldives Board Approval Date: 10-Jun-2008 Mid-Term Review Date: Closing Date: 30-Jun-2014 Solid waste management (50%); Central government Sector: administration (50%) The project was restructured, or received Additional Financing during no FY09: The objective is to build the country's own capacity to effectively manage environmental risks and threats to its Project development objective(s): marine asset s that represent the economy's primary revenue source. Overall, the project is on track to meet its objective. Since the project became effective on December 5, 2008, considerable progress has been made in the development of in-country degree and diploma programs in environmental management, the expansion of the knowledge base on the country's critical Progress toward achieving natural resources as well as the functioning and leadership of development objective(s): the project management unit. The development of the regional solid waste management has lagged somewhat due to changes in the administrative structure of the respective implementing agency following the October 2008 national elections. Lending Information/Disbursement Summary (amounts in millions, as of Aug 17, 2009) Loan/Credit/Grant Status Currency Amount Disbursed UnDisbursed Cancellation IDA-44270 Effective XDR 11.66 1.19 11.14 0.00 IDA-Q6000 Closed USD 0.36 0.00 0.00 0.36 Status of Projects in Execution - FY09 SOUTH ASIA REGION The link ed image cannot be display ed. The Lending Information/Disbursement Summary (in millions USD) file may hav e been mov ed, renamed, or deleted. Verify that the link points to the co ... Status of Projects in Execution-FY09 SOUTH ASIA REGION Project Name(ID): Post Tsunami Emergency Project (P094193) Country: Maldives Board Approval Date: 15-Mar-2005 Mid-Term Review Date: 15-Jan-2007 Closing Date: 31-Dec-2009 Other social services (61%); General education sector (36%); Sector: Central government administration (3%) The project was restructured, or received Additional Financing during no FY09: The project objectives are to support the efforts of the Government of the Maldives to carry out a program of Project development objective(s): rehabilitation and reconstruction related to the damages caused by the Tsunami of 26 December 2004. The project financed reconstruction of 40 Tsunami damaged schools, provided cash-transfers to over 12,000 households and recovery loans to 700 Small and Medium Enterprises. No Progress toward achieving issues of note. IDA financed components have been fully development objective(s): implemented. The components financed by the European Commission and Japan Social Development Fund are expected to be implemented by January 31, 2010. Lending Information/Disbursement Summary (amounts in millions, as of Aug 17, 2009) Loan/Credit/Grant Status Currency Amount Disbursed UnDisbursed Cancellation IDA-40420 Effective XDR 8.72 8.55 0.01 0.00 IDA-H1480 Effective XDR 5.47 5.57 0.00 0.00 TF-55387 Closed USD 1.96 1.96 0.00 0.00 TF-56638 Effective EUR 18.91 9.62 9.56 0.00 Status of Projects in Execution - FY09 SOUTH ASIA REGION The link ed image cannot be display ed. The Lending Information/Disbursement Summary (in millions USD) file may hav e been mov ed, renamed, or deleted. Verify that the link points to the co ... Status of Projects in Execution-FY09 SOUTH ASIA REGION Project Name(ID): Pension and Social Protection Admin. (P104743) Country: Maldives Board Approval Date: 12-May-2009 Mid-Term Review Date: Closing Date: 31-Dec-2012 Public administration- Other social services (51%); Central Sector: government administration (49%) The project was restructured, or received Additional Financing during no FY09: To support the establishment of a new pension authority and strengthen capacity at existing institutions of the Recipient in Project development objective(s): order to effectively implement a new pension system and to provide a platform for additional social protection programs. Progress toward achieving The project was not effective before the close of the reporting development objective(s): period. Lending Information/Disbursement Summary (amounts in millions, as of Aug 17, 2009) Loan/Credit/Grant Status Currency Amount Disbursed UnDisbursed Cancellation IDA-46110 Not Effective XDR 3.95 0.00 3.95 0.00 IDA-Q5920 Effective USD 1.11 0.29 0.82 0.00 Status of Projects in Execution - FY09 SOUTH ASIA REGION Project Name(ID): Integrated Human Development Project (P078523) Country: Maldives Board Approval Date: 06-Jul-2004 Mid-Term Review Date: 12-Apr-2008 Closing Date: 30-Jun-2010 Secondary education (46%); Sub-national government Sector: administration (19%); Health (13%); Other social services (12%); Central government administration (10%) The project was restructured, or received Additional Financing during no FY09: The objectives of the Project are to assist the Borrower in Project development objective(s): improving the delivery of social services on Focus Islands. The project fits in well with the new decentralized structure the Government has put in place in April. Components are moving well towards completion and all physical facilities should be Progress toward achieving ready by January 2010. The quality components are also development objective(s): moving well. Gender differences in Ordinary-level pass rates have been eliminated, in-service training for teachers completed and job centers now operational. Lending Information/Disbursement Summary (amounts in millions, as of Aug 17, 2009) Loan/Credit/Grant Status Currency Amount Disbursed UnDisbursed Cancellation IDA-39480 Effective XDR 16.07 6.29 0.27 10.01 IDA-39481 Effective XDR 6.17 2.26 3.97 0.00 IDA-Q3720 Closed USD 0.50 0.00 0.00 0.50 Status of Projects in Execution-FY09 SOUTH ASIA REGION The link ed image cannot be display ed. The Lending Information/Disbursement Summary (in millions USD) file may hav e been mov ed, renamed, or deleted. Verify that the link points to the co ... Status of Projects in Execution - FY09 SOUTH ASIA REGION