The World Bank Report No: ISR7837 Implementation Status & Results Mauritania MR - Business Environment Enhancement Project (P102031) Public Disclosure Copy Operation Name: MR - Business Environment Enhancement Project (P102031) Project Stage: Implementation Seq.No: 9 Status: ARCHIVED Archive Date: 08-Sep-2012 Country: Mauritania Approval FY: 2008 Product Line: IBRD/IDA Region: AFRICA Lending Instrument: Specific Investment Loan Implementing Agency(ies): PIU@MAED Key Dates Board Approval Date 22-May-2008 Original Closing Date 30-Nov-2013 Planned Mid Term Review Date 16-Sep-2012 Last Archived ISR Date 07-Jun-2012 Effectiveness Date 28-Dec-2009 Revised Closing Date 30-Nov-2013 Actual Mid Term Review Date Project Development Objectives Project Development Objective (from Project Appraisal Document) The overall project development objective (PDO) is to enhance the business climate through improvements in the financial, legal andjudiciary sectors, and regulatory environment for business. This would facilitate private-sector led growth/investment in theeconomy and improve the services of the public enterprises that directly impact private sector growth and development. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) Component Name Component Cost 1. Improving the Business Climate to Foster Private Sector Development 3.00 2. Building Public-Private Partnerships and Productivity Enhancement 1.50 3. Support for Project Implementation 0.50 Overall Ratings Public Disclosure Copy Previous Rating Current Rating Progress towards achievement of PDO Moderately Unsatisfactory Moderately Unsatisfactory Overall Implementation Progress (IP) Moderately Unsatisfactory Moderately Unsatisfactory Overall Risk Rating High High Implementation Status Overview Official use only. Not for public disclosure. Locations Page 1 of 4 The World Bank Report No: ISR7837 Country First Administrative Division Location Planned Actual Mauritania District de Nouakchott Nouakchott Public Disclosure Copy Results Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target Non performing loans (NPLs) at commercial Text Value 20% 28% 15% banks improve Date 01-Jan-2008 30-Jun-2012 30-Nov-2013 Comments Central Bank (BCM) latest available data Number of procedures required to establish a Text Value 11 9 5 business is reduced Date 01-Jan-2008 30-Jun-2012 30-Nov-2013 Comments Doing Business 2012 data Percent of Commercial and financial court Text Value 0% 0 80% decisions that are published on the GRIM Date 01-Jan-2008 30-Jun-2012 30-Nov-2013 website increases Comments No output yet. Intermediate Results Indicators Indicator Name Core Unit of Measure Baseline Current End Target Cost to start up a business (as a percent of Text Value 56% 48.3% 35% GNI per capita) decreases Date 01-Jan-2008 30-Jun-2012 30-Nov-2013 Comments Doing Business 2012 data Number of days required to start a business Text Value 65 30 decreases Date 01-Jan-2008 30-Jun-2012 30-Nov-2013 Comments Doing Business 2012 data Percentage of tax on gross revenue decreases Text Value 107 60 Public Disclosure Copy Date 01-Jan-2008 30-Jun-2012 30-Nov-2013 Comments Doing Business 2012 data Number of tax payments per year decreases Text Value 38 20 Date 01-Jan-2008 30-Jun-2012 30-Nov-2013 Comments Doing Business 2012 data Page 2 of 4 The World Bank Report No: ISR7837 Number of performance contracts signed for Text Value 0 5 key public enterprises (Somelec, Somagaz, Date 01-Jan-2008 31-Dec-2011 30-Nov-2013 SNDE, Mauripost & Port of Nouakchott) Comments Consultants being recruted to increases Public Disclosure Copy undertake audits and propose contract performance for SOMELEC, SNDE, SOMAGAZ, SONIMEX, and MAURIPOST Investment plan for electricity sector is Text Value No investment plan exists Draft report available Plan is completed and completed adopted Date 01-Jan-2008 30-Jun-2012 30-Nov-2013 Comments Study underway. Draft report available Volume of Bank Support: Enabling Amount(USD) Value 0.00 0.00 1000000.00 Environment - Microfinance Date 01-Jan-2008 31-Dec-2011 30-Nov-2013 Comments Support to BCM to improve supervision of microfinance is being finalized Volume of Bank Support: Enabling Amount(USD) Value 0.00 100000.00 1000000.00 Environment - SME Date 01-Jan-2008 31-Dec-2011 30-Nov-2013 Comments Studies, workshop and training Data on Financial Performance (as of 09-Aug-2012) Financial Agreement(s) Key Dates Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P102031 IDA-44480 Effective 22-May-2008 01-Jul-2008 28-Dec-2009 30-Nov-2013 30-Nov-2013 Disbursements (in Millions) Public Disclosure Copy Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P102031 IDA-44480 Effective XDR 3.20 3.20 0.00 0.98 2.22 31.00 Disbursement Graph Page 3 of 4 The World Bank Report No: ISR7837 Public Disclosure Copy Key Decisions Regarding Implementation Official use only. Not for public disclosure. Restructuring History There has been no restructuring to date. Related Projects There are no related projects. Public Disclosure Copy Page 4 of 4