List of the Active World Bank Projects in Georgia

Projects under implementation	Commitment (US$ million)	Develp’t. Objective	Impl. Progress.	Approval Date	Signing Date	Closing Date
Social Investment Fund	25.0	S	S	12/11/97	06/05/98	12/31/03
Primary Health Care Dev.	20.3	S	S	08/01/02	05/06/03	12/31/07
Education 1 (APL)	25.9	S	S	03/20/01	12/03/01	06/30/05
Social Investment Fund 2	15.0	S	S	05/15/03	08/29/03	09/30/07
Roads Project	40.0	S	S	05/25/00	01/31/01	12/31/04
Electricity Market Supp.	27.4	S	S	05/03/01	09/26/02	12/31/05
Energy Transit Institution	9.6	S	S	03/13/01	11/19/01	07/31/05
Municipal Development 2	19.4	S	S	08/01/02	02/19/03	06/30/06
SAC3	40.0	S	S	06/29/99	08/02/99	10/30/02
Structural Ref. Support	16.5	S	S	06/29/99	09/22/99	03/31/04
Judicial Reform	13.4	S	S	06/29/99	09/22/99	12/31/04
Enterprise Rehabilitation	15.0	S	S	12/17/98	09/08/99	12/31/04
Agriculture Development	15.0	U	U	03/25/97	08/21/97	04/30/04
Forestry Development	15.7	S	S	08/01/02	04/22/03	06/30/09
Protected Areas Dev (GEF)	8.7		S	05/24/01	04/26/02	12/31/06
Integrated Coastal Mngmt	4.4	S	S	12/17/98	05/21/99	12/31/04
Irrig/Drainage Dev.	27.0	S	S	06/28/01	02/20/02	04/30/07
Cultural Heritage	4.5	S	S	02/13/98	05/18/98	12/31/03
Integrated Coastal Mngmt (GEF)	1.3		U	12/17/98	05/21/99	12/31/04
Agriculture Research Ext (GEF)	2.5	S	S	05/11/00	02/05/01	12/31/05
Agriculture Research Ext	7.6	S	S	05/11/00	02/05/01	12/31/05
Total	354.2

S – Satisfactory

U - Unsatisfactory

List of the Closed World Bank Projects in Georgia

PROJECT	AMOUNT (millions)
Rehabilitation Credit	US$ 75.0	Closed June 1996. Fully disbursed.
SAC	US$ 60.0	Closed December 1997. Fully disbursed.
SATAC	US$ 4.8	Closed December 1998. Fully disbursed.
Institution Building Credit	US$ 10.1	Closed June 1998. Fully disbursed
SAC II	US$ 60.0	Closed December 1998. Fully disbursed
Transport	US$ 12.0	Closed June 30, 1999. Fully disbursed.
SATAC II	US$ 5.0	Closed December 31, 1999. Fully disbursed.
Municipal Infrastructure Rehabilitation	US$ 18.0	Closed June 30, 2000. Fully disbursed.
Power Rehabilitation	US$ 52.3	Closed June 30, 2000.
Oil Institution Building	US$ 1.4	Closed December 31, 2000. Fully disbursed.
Energy Sector Adjustment Credit (ESAC)	US$ 25.0	Closed March 1, 2002. Fully disbursed.
Third Structural Adjustment Credit (SACIII)	US$ 60.0	Closed October 30, 2002. Fully disbursed
Total:	US$ 383.6

 

 

Description of the Closed World Bank Projects in Georgia

REHABILITATION CREDIT

 

Implementing

Agency                     Temuri Basilia, Chief Economic Advisor to the President of Georgia; State Chancellery, 7 Ingorokva str.

                                  (99532)989953, (99532) 999757

                                  Fax: (99532)995797

 

Task

Manager                  Michaelle Riboud, EC4C2

                                  Phone: (202) 4738743

                                  Fax: (202)4773387

 

Project

Objective                  The main objective is to support the government’s economic reform program aimed at restoring macroeconomic stability and at promoting resumption of growth and improvement in living standards. The other objectives are to:

                                  1. Provide budgetary support to maintain the level of basic public expenditures, in particular for wages and the social safety net;

                                  2. Provide foreign exchange for the purchase of critical imports;

                                  3. Improve the functioning of the foreign exchange market;

                                  4. Provide a framework for assistance from other donor agencies.

 

Project

Description              The reform program to be supported by the credit comprises three sets of policies:

                                  a) those aimed at reducing and redefining the role of the public sector in the economy

                                  b) those theta foster the development and increase efficiency of markets;

                                  c) those that maintain a minimum social safety net through improved targeting of benefits.

 

Disbursement          Fully disbursed

 

INSTITUTION BUILDING

 

Project Objective    Assist the Georgian government in its efforts to move to a private market economy through strengthening public institutions on three functional areas: (a) financial sector, (b) economic management , (c) privatization and enterprise reform

 

Project Description 1. Financial Sector Reform (US$ 2.325 million)

                                  (a) Financial Sector Infrastructure:

                                  Consulting service and equipment:

                                  -- to introduce and implement Broadly Adapted Financial Statement (BASF), and internationally acceptable accounting and auditing system;

                                  -- to conduct diagnostic studies in five state-owned banks and make recommendation for steps to streamline the system;

                                  -- review existing payment system and make recommendations for steps to streamline the system

 

                                  2. Economic management (US$ 5.660 million)

                                  (b) Economic Policy Formulation

                                  Support will be provided to the Office of the Deputy Prime Minister (now Chief Economic Advisor to the President) to design a strategy for the restructuring and the reform of the government’s economic management agencies, particularly the Ministries of Finance and Economy, and to strengthen economic policy formulation and analyses.

                                  (c) Statistical Services:

                                  Consulting services, training, and equipment to assist the Committee for Social and Economic Information in

                                  -- reviewing the methodology used for generating and maintaining national accounts and initiating steps to introduce the internationally acceptable System of National Accounts (SNA);

                                  -- designing and conducting an improved household survey in the city Tbilisi

                                  (d) Tax Administration:

                                  -- computerization of tax offices; IDA pilot project for the modernization and computerization of the central State Tax Inspectorate (STI) and the Tbilisi City Inspectorate;

                                  -- training of the STI staff.

                                  (e) Treasure:

                                  -- first phase: a central treasury function will be established in the Ministry of Finance and regional branch in Tbilisi;

                                  -- second phase: regional Treasuries will be established throughout of Georgia:

                                  -- IDA will finance computers for the establishment of the Treasury offices.

                                  (g) Strengthening of Customs Administration:

                                  Support will be provided to the Customs Committee in

                                  (i) simplifying and reforming the organization and procedures of customs operations: (ii) modernizing customs management ;

                                  (iii) training the customs staff in the customs management and the computerization;

                                  (iv) computerizing customs clearance procedures, accounts, and statistics at Tbilisi headquarters and at the Tbilisi airport as the first pilot site.

                                  (h) Aid Coordination:

                                  -- Project will finance long-term external advisor and equipment to assist and train the staff of Aid Management Unit (AMU) in maintaining donor procedures, coordinating country’s external aid priorities consistent with the national development objectives, and communicating those with the external aid agencies.

                                  -- Project will finance experts to assist the government staff in analyzing Sectoral information with the objective to design and develop project that will be acceptable to the donor community.

                                  (i) Project Implementation: The project will finance:

                                  -- an external procurement consulting firm to assist the PIU with the preparation of procurement an disbursement documents under this project, and to ensure that all procurement under the project follow the World Bank’s procurement guidelines

                                      

3. Privatization and Enterprise Reform (US$ 2.27 million)

                              (j) Support for Privatization:

                                  -- one short-term senior level adviser to assist the Ministry of the state Property Management and the Office of the Chief Economic adviser to the President in reviewing the current privatization plan;

                                  -- experts and equipment to assist in:

                                  a) formulation the mass privatization program and the voucher scheme

                                  b) the design and implementation of a public information campaign to support the mass privatization campaign;

                                  c) provide training aimed at strengthening the institutional capabilities of SPM;

                                  d) review and further development of a legislative framework for privatization.

                                              

Implementing Agency     Alex Sikharulidze, Head of PIU, 42, Kazbegi ave.,

                                          Phone: (99532)950865

                                          Fax: (99532)950865