Public Disclosure Copy The World Bank Implementation Status & Results Report West Bank and Gaza: Finance for Jobs (P151089) West Bank and Gaza: Finance for Jobs (P151089) MIDDLE EAST AND NORTH AFRICA | West Bank and Gaza | Finance & Markets Global Practice | Special Financing | Investment Project Financing | FY 2016 | Seq No: 2 | ARCHIVED on 01-Nov-2016 | ISR25473 | Implementing Agencies: Ministry of Finance and Planning through a private sector implementing agent Key Dates Key Project Dates Bank Approval Date:18-Dec-2015 Effectiveness Date:-- Planned Mid Term Review Date:01-May-2018 Actual Mid-Term Review Date:-- Original Closing Date:-- Revised Closing Date:-- Project Development Objectives Project Development Objective (from Project Appraisal Document) The SOP development objective (PDO) is to mobilize private investment financing in high potential sectors and generate job opportunities for the West Bank and Gaza. The F4J PDO is to test the effectiveness of selected financial interventions. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Entrepreneurship Ecosystem Matching Grant:(Cost $1.60 M) Capacity Building and Lessons Learned:(Cost $2.17 M) Project Management Component:(Cost $0.70 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Moderately Satisfactory  Moderately Satisfactory Overall Implementation Progress (IP)  Moderately Satisfactory  Moderately Satisfactory Overall Risk Rating  High  High 11/1/2016 Page 1 of 5 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report West Bank and Gaza: Finance for Jobs (P151089) Implementation Status and Key Decisions Project effectiveness has not yet been met due to delays in the recruitment of the Project Implementation Agency (PIA). A timeline of key actions has been agreed for effectiveness to be declared by week of 20 November 2016. Given that the project is not yet effective, it is too early to report on progress towards results. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  High  High  High Macroeconomic  Substantial  Substantial  Substantial Sector Strategies and Policies  Substantial  Substantial  Substantial Technical Design of Project or Program  High  High  High Institutional Capacity for Implementation and Sustainability  Substantial  Substantial  Substantial Fiduciary  Substantial  Substantial  Substantial Environment and Social  Moderate  Moderate  Moderate Stakeholders  Low  Low  Low Other  --  --  -- Overall  High  High  High Results Project Development Objective Indicators PHINDPDOTBL  Private Capital Mobilized (Amount(USD), Core) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- -- 6000000.00 11/1/2016 Page 2 of 5 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report West Bank and Gaza: Finance for Jobs (P151089) Date 31-Jan-2016 -- -- 31-Jan-2021 PHINDPDOTBL  Number of Feasibility Studies Completed for Job-Focused Private Investments Pipeline (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- -- 5.00 Date 31-Jan-2016 -- -- 31-Jan-2021 PHINDPDOTBL  DIB Taken to Market (Structuring of SPV) (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N -- -- Y Date 31-Jan-2016 -- -- 31-Dec-2016 Overall Comments Intermediate Results Indicators PHINDIRITBL  Number of Investment-Ready Entrepreneurship Initiatives in the Pipeline for the EE-MG (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- -- 15.00 Date 30-Nov-2016 -- -- 31-Jan-2021 11/1/2016 Page 3 of 5 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report West Bank and Gaza: Finance for Jobs (P151089) PHINDIRITBL  Citizen Engagement: Beneficiaries that feel project investment reflected their needs (%) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- -- 85.00 Date 30-Nov-2016 -- -- 31-Jan-2021 PHINDIRITBL  Legal formation of the DIB SPV (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N -- -- Y Date 30-Nov-2016 -- -- 30-Jun-2017 PHINDIRITBL  Number of Briefs/Reports Produced on Lessons Learned from the Project (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- -- 4.00 Date 30-Nov-2016 -- -- 31-Jan-2021 PHINDIRITBL  Number of PA Staff Trained (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- -- 4.00 Date 30-Nov-2016 -- -- 31-Jan-2021 Overall Comments Data on Financial Performance 11/1/2016 Page 4 of 5 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report West Bank and Gaza: Finance for Jobs (P151089) Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date Cumulative Disbursements Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 11/1/2016 Page 5 of 5 Public Disclosure Copy