Public Disclosure Copy The World Bank Implementation Status & Results Report Tunisia Investment, Competitiveness and Inclusion (P161483) Tunisia Investment, Competitiveness and Inclusion (P161483) MIDDLE EAST AND NORTH AFRICA | Tunisia | Macroeconomics, Trade and Investment Global Practice | IBRD/IDA | Development Policy Lending | FY 2018 | Seq No: 1 | ARCHIVED on 23-Dec-2019 | ISR39397 | Implementing Agencies: Ministry of Development Investment and International Development, Ministry of Development Investment and International Cooperation Key Dates Key Project Dates Bank Approval Date: 27-Jun-2018 Effectiveness Date: 14-Sep-2018 Original Closing Date: 31-Dec-2019 Revised Closing Date: 31-Dec-2019 pdoTable Project Development Objectives Program Development Objective (from Program Document) Tunisia DPF 2018. The proposed DPF operation aims to help Tunisia boost job creation and inclusive growth. Broad reform areas in this operation would include: 1) Strengthening governance and performance of public services to improve the business climate: SOEs and civil service, tax policy and administration; 2) Market contestability and access, and entrepreneurship: implementation of investment framework and market liberalization, entrepreneurship etc.; 3) Social protection: safety nets, pensions; and 4) access to finance and financial inclusion. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO -- Moderately Unsatisfactory Overall Implementation Progress (IP) -- Moderately Unsatisfactory Overall Risk Rating -- High Implementation Status and Key Decisions The mission noted progress on several reform front but also important delays in the implementation of this program that requires government action to deliver concrete results to citizens. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- -- High 12/23/2019 Page 1 of 5 Public Disclosure Copy The World Bank Implementation Status & Results Report Tunisia Investment, Competitiveness and Inclusion (P161483) Macroeconomic -- -- High Sector Strategies and Policies -- -- Moderate Technical Design of Project or Program -- -- Moderate Institutional Capacity for Implementation and Sustainability -- -- Substantial Fiduciary -- -- Moderate Environment and Social -- -- Moderate Stakeholders -- -- Substantial Other -- -- Substantial Overall -- -- High Results Results Indicators Removing barriers to investment, trade and entrepreneurship IN00768980 ►Number of investment entry authorizations eliminated or simplified (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 6.00 10.00 Date 31-Dec-2018 -- 02-Oct-2019 31-Dec-2019 Baseline: Eliminated (0); Simplified (0) Target: Eliminated (10); Simplified (17) Comments: Current value: Eliminated (6); Simplified (4)+ 3 under simplification IN00769001 ►“Foreign Trade Certificate”, “Merchandise Loading Certificate”, and “Notice of Arrival of Imported Merchandise” trade procedures are dematerialized. (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target “Foreign Trade Certificate”, “Merchandise Loading Certificate”, and Value Not dematerialized -- “Notice of Arrival of All dematerialized Imported Merchandise” trade procedures are dematerialized. Date 31-Dec-2018 -- 02-Oct-2019 31-Dec-2019 IN00769002 ►Time to issue the “Foreign Trade Certificate”, average number of days. (Days, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 7.00 -- 3.00 3.00 12/23/2019 Page 2 of 5 Public Disclosure Copy The World Bank Implementation Status & Results Report Tunisia Investment, Competitiveness and Inclusion (P161483) Date 31-Dec-2018 -- 02-Oct-2018 31-Dec-2019 IN00768942 ►Share of public entities conducting their procurements through TUNEPS (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Ministries (100%) Ministries (100%) Ministries (84%) SOEs Value -- SOEs (60%) SOEs (60%) (45%) Parastatals (34%) Parastatals (50%) Parastatals (50%) Date 31-Dec-2018 -- 02-Oct-2019 31-Dec-2019 IN00768943 ►E-registry for movable collateral is established and operational (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No -- No Yes Date 31-Dec-2019 -- 02-Oct-2019 31-Dec-2019 IN00768944 ►Volume of SME loans guaranteed by Sotugar (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 437.00 -- 524.50 500.00 Date 31-Dec-2018 -- 02-Oct-2019 31-Dec-2019 Moving towards a more efficient, sustainable and inclusive energy sector IN00768945 ►Electricity and gas subsidies, percentage of GDP (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 1.20 -- 1.14 1.00 Date 31-Dec-2018 -- 02-Oct-2019 31-Dec-2019 IN00769006 ►Transmission and distribution losses of the power utility, percentage of generated power (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 16.00 -- 17.50 12.50 Date 31-Dec-2019 -- 02-Oct-2019 31-Dec-2019 IN00768962 ►Rate of collection of bills (electricity and gas), percentage of total bills (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 76.00 -- 72.00 82.00 Date 31-Dec-2018 -- 02-Oct-2019 31-Dec-2019 IN00768963 12/23/2019 Page 3 of 5 Public Disclosure Copy The World Bank Implementation Status & Results Report Tunisia Investment, Competitiveness and Inclusion (P161483) ►Solar power capacity of private sector owned projects selected under the concession scheme (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 300.00 Date 31-Dec-2018 -- 02-Oct-2019 31-Dec-2019 Promoting greater economic and social inclusion IN00768964 ►Targeting model is applied to the database of beneficiaries of the two main social assistance programs (PNAFN and AMG-I and II) and the waiting list (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No -- No Yes Date 31-Dec-2018 -- 02-Oct-2019 31-Dec-2019 IN00768965 ►Design of cash transfer program for children’s human capital formation is finalized and submitted to Council of Ministers (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No -- No Yes Date 31-Dec-2018 -- 02-Oct-2019 31-Dec-2019 IN00769007 ►Volume of microcredits disbursed towards income generating activities (men) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 731.00 -- 1,041.00 1,175.00 Date 31-Dec-2018 -- 02-Oct-2019 31-Dec-2019 indicator is in million Tunisian Dinar Comments: IN00769008 ►Volume of microcredits disbursed towards income generating activities (women) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 372.00 -- 557.00 600.00 Date 31-Dec-2018 -- 02-Oct-2019 31-Dec-2019 Indicator is in million Tunisian Dinar. Comments: Data on Financial Performance Disbursements (by loan) 12/23/2019 Page 4 of 5 Public Disclosure Copy The World Bank Implementation Status & Results Report Tunisia Investment, Competitiveness and Inclusion (P161483) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P161483 IBRD-88850 Effective USD 500.00 500.00 0.00 484.52 0.00 100% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P161483 IBRD-88850 Effective 27-Jun-2018 29-Jun-2018 14-Sep-2018 31-Dec-2019 31-Dec-2019 Tranches Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 12/23/2019 Page 5 of 5