The World Bank Report No: ISR2369 Implementation Status & Results Turkey Public Disclosure Copy RESTORING EQUITABLE GROWTH AND EMPLOYMENT PROGRAMMATIC DEVELOPMENT POLICY LOAN (P112495) Project Name: RESTORING EQUITABLE GROWTH AND EMPLOYMENT Program Stage: Implementation Seq.No: 1 Status: ARCHIVED Last Modified Date: 11-Jan-2011 PROGRAMMATIC DEVELOPMENT POLICY LOAN (P112495) Country: Turkey Approval FY: 2010 Product Line: IBRD/IDA Region: EUROPE AND CENTRAL ASIA Lending Instrument: Development Policy Lending Implementing Agency(ies): Key Dates Board Approval Date 23-Mar-2010 Original Closing Date 01-Nov-2010 Planned Mid Term Review Date Last Archived ISR Date Effectiveness Date 09-Apr-2010 Revised Closing Date 01-Nov-2010 Actual Mid Term Review Date Program Development Objectives Program Development Objective (from Program Document) 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 Satisfactory Overall Implementation Progress (IP) Satisfactory Public Disclosure Copy Implementation Status Overview Fully disbursed Apr 15, 2010. Closed Nov 1, 2010. Results Results Indicators Page 1 of 5 The World Bank Report No: ISR2369 Indicator Baseline Current End Target Public Disclosure Copy Indicator Name Value Value Value UHI coverage 87.00 95.00 95.00 Date Date Date 31-Dec-2008 31-Oct-2010 31-Dec-2012 Type Unit of Measure Comment Comment Comment Custom Indicator Percentage Value chosen to be close to 100 percent Indicator Baseline Current End Target Indicator Name Value Value Value Declining combined health and social security deficit as a percentage 4.20 3.90 4.10 of GDP Date Date Date 31-Dec-2009 31-Dec-2012 Type Unit of Measure Comment Comment Comment Custom Indicator Percentage Updated in 2011 MTP Estimate in 2011 MTP Objective is declining value Indicator Baseline Current End Target Indicator Name Value Value Value Debt-to-GDP ratio 47.30 42.30 47.80 Date Date Date 31-Dec-2009 01-Dec-2010 31-Dec-2012 Type Unit of Measure Comment Comment Comment Custom Indicator Percentage Approximate value from MTP From MTP 2010-12 2011-13 Indicator Baseline Current End Target Public Disclosure Copy Indicator Name Value Value Value Total credits to SMEs (TL billion) 83.90 115.70 84.00 Date Date Date 31-Dec-2009 30-Nov-2010 31-Dec-2012 Type Unit of Measure Comment Comment Comment Custom Indicator Number Results framework seeks increase Page 2 of 5 The World Bank Report No: ISR2369 Indicator Baseline Current End Target Public Disclosure Copy Indicator Name Value Value Value ISKUR vocational training program reach in the two-year period 60000.00 197000.00 300000.00 2009-10 Date Date Date 31-Dec-2008 31-Dec-2009 31-Dec-2010 Type Unit of Measure Comment Comment Comment Custom Indicator Number Two year running total Two year running total (167000 in Target total for 2009 and 2010 2009) Indicator Baseline Current End Target Indicator Name Value Value Value Average days to clear customs 15.00 15.00 14.00 Date Date Date 31-Dec-2009 31-Oct-2010 31-Dec-2012 Type Unit of Measure Comment Comment Comment Custom Indicator Days Results framework seeks decline Indicator Baseline Current End Target Indicator Name Value Value Value Ratio of placements per registered workers with ISKUR services 7.00 9.80 7.10 (public and private providers) Date Date Date 31-Dec-2009 30-Sep-2010 31-Dec-2012 Type Unit of Measure Comment Comment Comment Custom Indicator Percentage Results framework seeks increase Indicator Baseline Current End Target Indicator Name Value Value Value Public Disclosure Copy Value of insurance premia and leasing assets as share of GDP 3.00 2.80 3.10 Date Date Date 31-Dec-2007 31-Dec-2009 31-Dec-2012 Type Unit of Measure Comment Comment Comment Custom Indicator Percentage Leasing affected by crisis Results framework seeks increase Page 3 of 5 The World Bank Report No: ISR2369 Indicator Baseline Current End Target Public Disclosure Copy Indicator Name Value Value Value Participation in preschool for children 5 years of age in the 32 0.00 93.10 100.00 provinces selected by MONE for the first stage Date Date Date 31-Dec-2009 01-Sep-2010 30-Jun-2014 Type Unit of Measure Comment Comment Comment Custom Indicator Percentage Baseline needs to be established "Universal" Indicator Baseline Current End Target Indicator Name Value Value Value PFMP Indicators 28 individual scores of A (good 28 individual scores of A (good practice) through D (inadequate) Date practice) through D (inadequate) Date Date Type Unit of Measure Comment Custom Indicator Text Comment Baseline is most recent data set Comment Indicator Baseline Current End Target Indicator Name Value Value Value Social security administrative structure unified Yes Yes Yes Date Date Date 31-Dec-2009 31-Dec-2010 31-Dec-2012 Type Unit of Measure Comment Comment Comment Custom Indicator Yes/No Data on Financial Performance (as of 02-Nov-2010) Financial Agreement(s) Key Dates Public Disclosure Copy Project Loan No. Status Approval Date Signing Date Effectiveness Date Closing Date P112495 IBRD-78580 Closed 23-Mar-2010 24-Mar-2010 09-Apr-2010 01-Nov-2010 Disbursements (in Millions) Project Loan No. Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P112495 IBRD-78580 Closed USD 1,300.00 1,300.00 0.00 1,260.25 0.00 97.00 Tranches Tranche 1 Page 4 of 5 The World Bank Report No: ISR2369 Public Disclosure Copy Amount (USD) Expected Release Date Actual Release Date Status 0 Pending Released Key Decisions Regarding Implementation None Restructuring History There has been no restructuring to date. Related Operations P071052-Programmatic Public Sector Development Policy Loan (PPDPL), P088837-Second Programmatic Public Sector Development Policy Loan (PPDPL 2), P112495- RESTORING EQUITABLE GROWTH AND EMPLOYMENT PROGRAMMATIC DEVELOPMENT POLICY LOAN, P123073-Second Restoring Equitable Growth and Employment Programmatic Development Policy Loan Public Disclosure Copy Page 5 of 5