Public Disclosure Copy The World Bank Implementation Status & Results Report Disaster Risk Management Development Policy Loan with a CAT DDO (P122738) Disaster Risk Management Development Policy Loan with a CAT DDO (P122738) LATIN AMERICA AND CARIBBEAN | Panama | Social, Urban, Rural and Resilience Global Practice Global Practice | IBRD/IDA | Development Policy Lending | FY 2012 | Seq No: 12 | ARCHIVED on 25-Jul-2018 | ISR33427 | Implementing Agencies: Ministry of Economy and Finance, Ministry of Economy and Finance Key Dates Key Project Dates Bank Approval Date:18-Oct-2011 Effectiveness Date:07-Mar-2012 Planned Mid Term Review Date:30-Jun-2019 Actual Mid-Term Review Date:-- Original Closing Date:30-Nov-2012 Revised Closing Date:30-Nov-2020 Program Development Objectives Program Development Objective (from Program Document) The overall development objective of the proposed operation is to enhance the GoP's capacity to implement its Disaster Risk Management Program for natural disasters. PHRPDODEL Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Satisfactory  Satisfactory Overall Implementation Progress (IP)  Satisfactory  Satisfactory Overall Risk Rating  Low  Low Implementation Status and Key Decisions The Government of Panama (GoP) has continued advancing in the achievement of targets in the three policy areas addressed by the project with the Bank's technical support and advice. The latest progress report submitted by highlights developments on Disaster Risk Management (DRM) achieved by the Ministry of Health (MINSA) and Ministry of Housing and Land Use Planning (MIVIOT). Most notably, the GoP has continued implementing the five-year operation plan initiatives and it is expecting to tackle important targets through the implementation of the Reimbursable Advisory Services with the Bank. The next project implementation support mission is planned for October 2018. Risks Systematic Operations Risk-rating Tool 7/25/2018 Page 1 of 3 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Disaster Risk Management Development Policy Loan with a CAT DDO (P122738) 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  --  Low  Low Fiduciary  --  Low  Low Environment and Social  --  Low  Low Stakeholders  --  Low  Low Other  --  Low  Low Overall  --  Low  Low Results Results Indicators PHINDIRITBL  1. Increased GoP capacity for disaster risk reduction (DRR) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 1.00 6.00 6.00 6.00 Date 30-Jan-2012 15-Jun-2017 28-Jun-2018 30-Nov-2020 PHINDIRITBL  2. Key ministries carried out DRR priority actions identified in the 2011-2015 DRMNP (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 6.00 6.00 6.00 Date 30-Jan-2012 15-Jun-2017 28-Jun-2018 30-Nov-2020 7/25/2018 Page 2 of 3 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Disaster Risk Management Development Policy Loan with a CAT DDO (P122738) PHINDIRITBL  3. DRM financial protection policies, strategies, or instruments developed. (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N Y Y Y Date 30-Jan-2012 15-Jun-2017 28-Jun-2018 30-Nov-2020 Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P122738 IBRD-80870 Effective USD 66.00 66.00 0.00 25.00 41.00 38% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P122738 IBRD-80870 Effective 18-Oct-2011 04-Jan-2012 07-Mar-2012 30-Nov-2012 30-Nov-2020 Tranches Restructuring History There has been no restructuring to date. Related Operations There are no related projects. 7/25/2018 Page 3 of 3 Public Disclosure Copy