CURRENCY EQUIVALENTS (Exchange Rate Effective as of May 2, 2016) Currency unit = Georgian lari (GEL) 1.00 GEL = US$ 0.4494 US$ 1.00 = 2.2249 GEL FISCAL YEAR January 1 – December 31 ABBREVIATIONS AND ACRONYMS AA Association Agreement CCZ Customs Clearance Zones CEM Country Economic Memorandum CFAA Country Financial Accountability Assessment CPA Country Procurement Assessment CPAR Country Procurement Assessment Report CPS Country Partnership Strategy DCFTA Deep and Comprehensive Free Trade Agreement DPL Development Policy Loan EBRD European Bank for Reconstruction and Development EU European Union FDI Foreign Direct Investment GCI Global Competitiveness GDP Gross Domestic Product GMO Genetically Modified Organisms IBRD International Bank for Reconstruction and Development ICN International Competition Network ICRR Implementation Completion Results Report IDA International Development Association IFC International Finance Corporation IMF International Monetary Fund IP Implementation progress IPSAS International Public Sector Accounting Standards ISR Implementation Status Reports LEPLs Legal Entities of Public Law MIP Medical Insurance Plan MOES Ministry of Education and Science Ministry of Economy and Sustainable Development MOF Ministry of Finance MOLHSA Ministry of Health, and Social Affairs NBG National Bank of Georgia PDO Project Development objectives PEFA PER Public Expenditure Review PIRLS Progress in International Reading Literacy Study PISA Program for International Student Assessment PRSC Poverty Reduction Support Credits PSFMRS Public Sector Financial Management Reform Support SAID System Average Interruption Duration SAIFI Average Interruption Frequency SCF Sofia Competition Forum SIMS Social Information Management System TIMSS Trends in International Mathematics and Science Study TSA Treasury Single Account UHC Universal Health Care USAID
C. Ratings Summary C.1 Performance Rating by ICRR Overall Program Rating Outcomes Satisfactory Risk to Development Outcome Moderate Bank Performance Satisfactory Borrower Performance Satisfactory C.2 Detailed Ratings of Bank and Borrower Performance (by ICR) Overall Program Rating Bank Ratings Borrower Ratings Quality at Entry: Satisfactory Government: Satisfactory Quality of Supervision: Satisfactory Implementing Agency/Agencies: Satisfactory Overall Bank Performance: Satisfactory Overall Borrower Performance: Satisfactory C.3 Quality at Entry and Implementation Performance Indicators First Competitiveness and Growth Development Policy Loan - P129597 Implementation Performance Indicators QAG Assessments (if any) Rating: Potential Problem Program at Any Time (Yes/No): No Quality at Entry (QEA): None Problem Program at Any Time (Yes/No): No Quality of Supervision (QSA): None DO Rating before Closing/Inactive Status: Moderately Satisfactory Georgia Competitiveness and Growth DPL2 - P143060 Implementation Performance Indicators QAG Assessments (if any) Rating: Potential Problem Program at Any Time (Yes/No): No Quality at Entry (QEA): None Problem Program at Any Time (Yes/No): No Quality of Supervision (QSA): None DO Rating before Closing/Inactive Status: Moderately Satisfactory Georgia Competitiveness and Growth DPL3 - P146890 Implementation Performance Indicators QAG Assessments (if any) Rating:
(from approval documents) Completion or Target Years Indicator 1: The number of European and international standards registered/adopted as Georgian standards Value Quantitative or Qualitative Commencement of negotiations for the Deep and Comprehensive Free Trade Agreement with EU 20% increase from 4,700 in 2011 10% increase from 4,700 in 2011 69.5% increase (from 4,362 in 2011 to 7,394 in 2015) Date Achieved 2012 12/31/2015 Comments (Incl. % of achievement) Surpassed (54% over the revised target, assuming that the revised target is 4,798). It should be noted that the original base value in 2011 was 4,362, as reported by the Ministry of Economy and Sustainable Development (MoESD) during the ICRR mission. Indicator 2: Number of animal vaccinations done by the National Food Agency Value Quantitative or Qualitative 1.2 million 3.5 million -- 4.8 million Date Achieved 12/31/2012 12/31/2014 -- 12/31/2015 Comments (Incl. % of achievement) Surpassed (37% over the original target). This indicator reflects the results of the policy action related to the implementation of the Law on Food Safety. Indicator 3: Customs violation detection for a given number of checks based on the risk based management system Value Quantitative or Qualitative 175 100% increase relative to 2011 -- 560% increase Date Achieved Nov/Dec 2011 Nov/Dec 2014 -- Nov 2015 Comments (Incl. % of achievement) Surpassed (180% over the original target). A number of actual violations reported at the target year was 981. This indicator reflects improvements in customs controls from introducing automated selectivity for transit traffic at border crossings. Indicator 4: Percent of primary education teachers are aware of formative assessment techniques to improve student learning Value Quantitative or Qualitative 33% 40% -- 41.3% Date Achieved 12/31/2011 12/31/2014 -- 12/31/2014
Comments (Incl. % of achievement) Achieved. This indicator represents the amount of time taken to issue a state pension after assessing the applicant’s eligibility once the application for a state pension is submitted. However, it should be noted that while a decision is usually made within 3 days, the State Pension Law allows the authorities up to 10 days to make a decision. G. Ratings of Program Performance in ISRs First Competitiveness and Growth Development Policy Loan - P129597 No. Date ISR Archived DO IP Actual Disbursements (USD millions) 1 04/14/2013 Moderately Satisfactory Moderately Satisfactory 60.06 Georgia Competitiveness and Growth DPL2 - P143060 No. Date ISR Archived DO IP Actual Disbursements (USD millions) 1 11/09/2013 Moderately Satisfactory Moderately Satisfactory 60.71 H. Restructuring Not Applicable
Adriana Damianova Consultant Ahmed Eiweida Lead Urban Specialist GSU08 Angela Prigozhina Senior Financial Sector Specialist GFM09 Arman Vatyan GGO21 Arti Grover Consultant GTC01 Arturo S. Rivera Lead Energy Specialist GEE03 Pittalis Senior Country Officer ECCU4 Claude Baissac Consultant GMF09 Claudia Rokx Lead Health Specialist GHN04 Darejan Kapanadze Senior Environmental Specialist GEN03 Elene Imnadze Representative AFMBW Enrique Fanta Ivanovic Senior Trade Facilitation Specialist GTC04 Faruk Khan Senior Economist ECCU2 Ghada Youness Country Lawyer Joseph Melitauri Senior Operations Officer Mariam Dolidze Senior Economist GMF09 Meskerem Mulatu Lead Education Specialist GED07 Michael Minges Consultant GTI11 Moris Tsamalashvili Consultant GMF09 Nino Kutateladze Operations Officer GED03 Nino Moroshkina Consultant GHNDR Nistha Sinha Senior Economist GPV03 Owen Senior Economist GHB06 Ramya Sundaram Senior Economist Rashmi Shankar Lead Economist (Task Manager) ECCU3 Salvador Rivera Consultant Sarah Babirye Program Assistant GMF09 Sarosh Sattar Senior Economist GPV03 Tamuna Namicheishvili Program Assistant ECCGE Ghada Youness Country Lawyer LEGLE Zakia Nekaien-Nowrouz Program Assistant P146890: Third Competitiveness and Growth Development Policy Loan (CG DPL3) Adriana Damianova Consultant GMF09 Ahmed Eiweida Lead Urban Specialist GSU08 Angela Prigozhina Senior Financial Sector Specialist GFM09 Dandan Chen Program Leader ECCU3 Darejan Kapanadze Senior Environmental Specialist GEN03
Elena Bondarenko Economist GMF09 Galina Alagardova Georgiana Pop Senior Economist GTCTC Ghada Youness Country Lawyer Graciela Miralles Murciego Economist GTCTC Joseph Melitauri Senior Operations Officer GEE03 Malcolm Childress Consultant GSULN Mariam Dolidze Senior Economist GMF09 Nino Kutateladze Operations Officer Nino Moroshkina Consultant GHNDR Nistha Sinha Senior Economist Mona Prasad Senior Economist (Task Manager) GMF09 Salvador Rivera Consultant GMF09 Sandro Nozadze Procurement Specialist GGO03 Sarah Nankya Babirye Program Assistant Rashmi Shankar Lead Economist ECCU3 Tamuna Program Assistant Congyan Tan Country Economist GMF09 Vincelette Gallina Andronova Program Leader ECCU4 (b) Staff Time and Cost* Stage Staff Time and Cost (World Bank Budget only) No. of Staff Weeks US$ Thousands (including travel and consultant costs) Lending DPL1 31 150,598.90 DPL2 - 42 268,445.79 DPL3 - 34 141,303.00 Total 107 560,347.69 Supervision/ICRR DPL1 - 13 68,900.01 DPL2 354.41 DPL3 - Total 13 69,254.42 *Note: ICRR costs are not included. Annex 2. Beneficiary Survey Results Not Applicable Annex 3. Stakeholder Workshop Report and Results