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Development Policy Loan

Resumen*

The current administration took office in July 2009 following a landslide victory in the last presidential elections. President Martinelli won the elections with over 60 percent of the vote. This was the largest margin since the 1989 elections and has been interpreted as giving his administration a strong mandate for reform. Soon after taking office, the new administration announced a set of goals to be achieved 'without excuse' (las metas imperdonables)...

* El resumen del proyecto es elaborado sobre la base del documento de evaluación inicial, el informe de evaluación inicial preparado por el personal o el documento del programa y es posible que no refleje exactamente la índole actual del proyecto.

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Objetivo de desarrollo

The proposed DPL supports the Government’s overall objectives of increasing fiscal space, strengthening fiscal management, enhancing transparency, improving the efficiency of public spending and strengthening social programs. This operation supports four areas that are central to the reform program: (i) tax reform, including closing loopholes, widening some tax bases, improving tax administration and improving tax information sharing; (ii) procurement reform, focusing on the consolidation and further development of public procurement practices; (iii) debt management reform, including strengthening the institutional capacity of the Public Credit Unit and developing the domestic bond market; and (iv) social protection, focusing on strengthening the targeting of existing social transfer programs. The operation is envisaged in the Country Partnership Strategy.

Llave Detalles

Proyecto Detalles

  • P123255

  • Closed

  • Denis Medvedev

  • N/A

  • Panamá

  • 17 de marzo de 2011

  • (a partir de la presentación ante el Directorio)

    3 de mayo de 2011

  • 26 de abril de 2012

  • US$ 100.00 millones

  • Ministry Of Economy and Finance

  • América Latina y el Caribe

  • 2011

  • US$ 100.00 millones

  • N/A

  • 16 de agosto de 2023

  • 30 de junio de 2012

  • BANK APPROVED

  • Notes

Finanzas

Financiamiento (millones de US$)

No hay datos disponibles.
Entidad De Financiamiento Compromisos
International Bank for Reconstruction and Development 100.00

Financiamiento total del proyecto (millones de US$)

Línea de productos BIRF/AIF
Compromiso del BIRF 100.00
Compromiso de la AIF No Disponible
Compromiso del BIRF + AIF 100.00
Instrumento de Financiamiento
Monto a título de donación No Disponible
Costo total del proyecto** 100.00

Resumen del financiamiento del Banco Mundial (millones de US$) al 28 de febrero de 2025

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Entidad De Financiamiento Fecha De Aprobación Fecha De Cierre Principal Desembolsado Reembolsos Intereses Y Cargos

Actividad financiera detallada al 28 de febrero de 2025

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Período Entidad De Financiamiento Tipo De Transacción Monto (US$)

Footnotes

Ratings

CALIFICACIONES DE LA EJECUCIÓN

Name Review Date
Monitoring and Evaluation Satisfactory 2012-11-11
Progress towards achievement of PDO Moderately Satisfactory 2012-11-11
Overall Implementation Progress (IP) Satisfactory 2012-11-11
Program Management Satisfactory 2012-11-11

CALIFICACIONES DE LA TERMINACIÓN

INDICADORINFORME DE LA TERMINACIÓN DE LA EJECUCIÓN Y DE RESULTADOS: 08-26-2016
ResultadosModerately Satisfactory
Riesgo para los resultados de desarrolloModest
Desempeño del BancoSubstantial
Desempeño del prestatarioModerately Satisfactory
Desempeño del GobiernoModerately Satisfactory
Organismo EjecutorModerately Satisfactory

CALIFICACIONES DE EVALUACIONES INDEPENDIENTES

INDICADORREVISIÓN DEL ICR: 06-02-2022INFORME DE LA EVALUACIÓN DEL DESEMPEÑO DEL PROYECTO: 12-07-2016
Calificación De Los ResultadosSatisfactory Moderately Satisfactory
Riesgo Para Los Resultados De DesarrolloNot RatedModest
Desempeño Del BancoModerately SatisfactoryModerately Satisfactory
Desempeño Del PrestatarioNot RatedModerately Satisfactory
Desempeño Del GobiernoNot RatedModerately Satisfactory
Organismo EjecutorNot RatedModerately Satisfactory
Calidad Del IfeNot RatedSubstantial
Calidad De SyeNot RatedSubstantial

Marco de resultados

INDICADORES DE OBJETIVOS DE DESARROLLO DE PROYECTOS

INDICATORLÍNEA DE REFERENCIAEN CURSOOBJETIVO

INDICADORES DE RESULTADOS INTERMEDIOS

INDICATORLÍNEA DE REFERENCIAEN CURSOOBJETIVO
  • Central Government tax revenue as a share of GDPValor11.0010.2012.80
    Fecha31 de diciembre de 200931 de diciembre de 201131 de diciembre de 2011
    ComentarOnly covers the period January-OctoberFor the whole year
  • Tax InformationValor0.008.002.00
    Fecha31 de diciembre de 200931 de diciembre de 201131 de diciembre de 2011
    ComentarTax information is not share with any countryPanama shares tax information with 8 countriesTax information is share with two countries
  • Bonds placed in the domestic market as a share of gross financing needsValor0.0030.0010.00
    Fecha31 de diciembre de 200931 de diciembre de 201131 de diciembre de 2011
    ComentarThe value of Treasury Notes issues in the domestic market during 2011 reached US$538 million, which corresponds to 30 percent offinancing needs and significantly surpasses the DPL1 target of 10 percent.
  • Number of items (of goods commonly purchased by Government agencies) covered by framework agreementsValor2452.0026180.004756.00
    Fecha31 de diciembre de 200931 de diciembre de 201131 de diciembre de 2011
    ComentarThe number of products covered by framework agreements rose to above 26,000 in 2011 from a baseline of 2,452 in 2009, vastlysurpassing the DPL1 target of 4,756 products.
  • Number of cases resolved by the administrative tax tribunalValor0.0083.0036.00
    Fecha31 de diciembre de 200931 de diciembre de 201131 de diciembre de 2011
    ComentarThe number of cases resolved by the Tribunal rose to 83 in 2011 from the baseline of 0 cases in 2009, surpassing the DPL1 targetof36 cases.
  • Beca Universal CoverageValor291000.00383535.00466000.00
    Fecha31 de diciembre de 201031 de diciembre de 201131 de diciembre de 2011
    ComentarIn 2011, all public school students in grades 4-12 were eligible to receive the Beca Universal scholarship, which surpasses theDPL1 target of covering all public school students in grades 7-12. Among these students 383,535 pupils actually received thescholarship, determined by compliance with co-responsibilities.Eligible children.
  • Number of households covered by the Red de OportunidadesValor72000.0073860.0075260.00
    Fecha31 de diciembre de 201031 de diciembre de 201131 de diciembre de 2011
    ComentarThere are currently 73,535 households benefitting from the RdO program, a slight reduction from 73,860 households participating inthe program at the end of 2011 and below the the DPL1 target of 75,260 households. However, according to the information providedbyMIDES, the RdO coverage missed the target by just 230 households in late 2010; since then, the reach of the program has beenexpanded to nearly all potential beneficiaries and the reduction in the number of participating households reflects improvedtargeting and monitoring of compliance with co-responsibilities.