The World Bank Report No: ISR11086 Implementation Status & Results Mauritius Mauritius Second Private Sector Competitiveness DPL (P132510) Public Disclosure Copy Project Name: Mauritius Second Private Sector Competitiveness DPL Program Stage: Implementation Seq.No: 1 Status: ARCHIVED Archive Date: 10-Jul-2013 (P132510) Country: Mauritius Approval FY: 2013 Product Line: IBRD/IDA Region: AFRICA Lending Instrument: Development Policy Lending Implementing Agency(ies): Key Dates Board Approval Date 27-Mar-2013 Original Closing Date 30-Jun-2014 Planned Mid Term Review Date Last Archived ISR Date Effectiveness Date Revised Closing Date 30-Jun-2014 Actual Mid Term Review Date Program Development Objectives Program Development Objective (from Program Document) Program Development Objective of the DPL programmatic series is to strengthen the policy and institutional environment in Mauritius to support competitiveness and enterprise development. The operation will achieve this by supporting reforms in three integrated and mutually reinforcing pillars: (i) improving enterprise growth and competitiveness, (ii) improving access to finance, and (iii) promoting ICT usage and e-Government reforms for increased efficiency and transparency gains. 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 Implementation Status Overview Public Disclosure Copy The Second Private Sector DPL for US$15million for was approved on March 27, 2013. The Financing Agreement was signed on April 19, 2013 and the legal opinion is awaited from GoM for the project to become effective. Results Results Indicators Page 1 of 3 The World Bank Report No: ISR11086 Indicator Name Core Unit of Measure Baseline Current End Target Number of Enterprises accessing generic BDS Number Value 200.00 250.00 250.00 increases. Date 27-Feb-2012 15-Mar-2013 30-Jun-2014 Public Disclosure Copy Comments Number of Enterprises accessing specialized Number Value 80.00 147.00 120.00 BDS increases. Date 27-Feb-2012 15-Mar-2013 30-Jun-2014 Comments Development of an M&E Framework for BDS Text Value No No Yes Schemes Date 27-Feb-2012 15-Mar-2013 30-Jun-2014 Comments Number of insolvency practitioners registered Number Value 0.00 31.00 50.00 Date 27-Feb-2012 15-Mar-2013 30-Jun-2014 Comments Number of banks that have used the Out of Number Value 0.00 0.00 4.00 Court Workout guidelines. Date 27-Feb-2012 15-Mar-2013 30-Jun-2014 Comments DBM restructured by the sale of its non Text Value No No Yes banking assets Date 27-Feb-2012 26-Jun-2013 30-Jun-2014 Comments A new licensed commercial Bank with a focus Text Value No No Yes on the MSME segment established Date 27-Feb-2012 26-Jun-2013 30-Jun-2014 Comments Reduction in time taken to register property Days Value 15.00 2.00 2.00 Date 27-Feb-2012 26-Jun-2013 30-Jun-2014 Comments Completion of necessary legal amendments to Text Value No No Yes Public Disclosure Copy facilitate secured lending transactions Date 27-Feb-2012 26-Jun-2013 30-Jun-2014 Comments Increase in coverage of the Credit Information Percentage Value 50.00 67.00 70.00 bureau Date 27-Feb-2012 15-Mar-2013 30-Jun-2014 Comments Increase in number of broadband subscriptions Percentage Value 300200.00 5.40 15.00 with actual speeds of at least 10 Mbit/s Date 27-Feb-2012 15-Mar-2013 30-Jun-2014 Comments Page 2 of 3 The World Bank Report No: ISR11086 Decrease in the price per 1Mbit/s per month of Percentage Value 27.83 3.70 10.00 fixed broadband service Date 27-Feb-2012 15-Mar-2013 30-Jun-2014 Comments decreased to $26.79 Public Disclosure Copy Decrease in the price per 1Mbit/s per month of Percentage Value 17.38 7.20 10.00 mobile broadband service Date 27-Feb-2012 15-Mar-2013 30-Jun-2014 Comments Decreased to $16.12 Number of public services that can be Number Value 0.00 0.00 10.00 executed via secured online transactions Date 27-Feb-2012 26-Jun-2013 30-Jun-2014 Comments Data on Financial Performance (as of 10-May-2013) Financial Agreement(s) Key Dates Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P132510 IBRD-82480 Not Effective 27-Mar-2013 19-Apr-2013 30-Jun-2014 30-Jun-2014 Disbursements (in Millions) Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P132510 IBRD-82480 Not Effective USD 15.00 15.00 0.00 0.00 15.00 0.00 Tranches Tranche 1 Amount (USD) Expected Release Date Actual Release Date Status 0 Pending Released Public Disclosure Copy Key Decisions Regarding Implementation While the project is still not effective, overall steady progress is being made towards the implementation of the policy areas under the three pillars. Restructuring History There has been no restructuring to date. Related Operations P126903-Mauritius - Priv Sec Competitiveness Development Policy Loan (PSC - DPL), P131666-Rwanda Second Support to Social Protection System, P131775-Vietnam Climate Change Development Policy 3, P132510-Mauritius Second Private Sector Competitiveness DPL, P143032-2nd DPL to Support Inclusive Green Growth and Sust Devlp in HP Page 3 of 3