collaboration with USAID has set up the registry platform to prepare for the law being passed. Private-sector led growth: Increase in the average growth rate of Indicator 9 : Greenfield FDI in core services (where core services exclude real estate and tourism). 2012-2014 -40.2 percent Value average: a 20 2009-2011 average: (based on updated (quantitative or percent increase US$ 345.9 million data and Qualitative) compared to methodology) baseline Date achieved 2009-2011 2012-2014 2015 Given updated methodology and revised data from fDi Markets used to Comments calculate Greenfield FDI in core services, the 2009-2011 comparable (incl. % baseline grew to an average of US$ 400.8 million with 2012-2014 average achievement) at US$ 239.6 million, a 40.2 percent decrease, with an improvement to US$ 251.8 million in 2016 (the highest since 2013). Private sector-led growth: Median and dispersion in the number of days to obtain all required licenses to effectively start a business (spread 80-20 Indicator 10: percentile). Reduce the administrative time needed to effectively start a business. 10a. Median: 12 Value 10a. Median: 26 days Median: 18.0 days (quantitative or 10b. Dispersion: 22.6 days Dispersion: 10b. Dispersion: Qualitative) days 19.4 days 10 days Date achieved 2011 30/9/2015 30/9/2015 Comments By end-2016: median 16 days, Partially achieved for the median. (incl. % dispersion 27.4 days. achievement) Program Development Objectives (from Program Document Loan and Program Summaries) The series was built around three pillars, which are also the operation’s PDOs: (i) improve transparency and accountability; (ii) improve debt management and the efficiency of government spending; and (iii) promote private sector-driven growth. G. Ratings of Program Performance in ISRs Jordan Programmatic Series: First and Second Programmatic Policy Loans (P124441 and P125483). Actual Date ISR No. DO IP Disbursements Archived (USD millions) 1 03/13/2012 Satisfactory Satisfactory 249.38
collaboration with USAID has set up the registry platform to prepare for the law being passed. Indicator 9 : Private-sector led growth: Increase in the average growth rate of Greenfield FDI in core services (where core services exclude real estate and tourism). Value (quantitative or Qualitative) 2009-2011 average: US$ 345.9 million 2012-2014 average: a 20 percent increase compared to baseline -40.2 percent (based on updated data and methodology) Date achieved 2009-2011 2012-2014 2015 Comments (incl. % achievement) Given updated methodology and revised data from fDi Markets used to calculate Greenfield FDI in core services, the 2009-2011 comparable baseline grew to an average of US$ 400.8 million with 2012-2014 average at US$ 239.6 million, a 40.2 percent decrease, with an improvement to US$ 251.8 million in 2016 (the highest since 2013). Indicator 10: Private sector-led growth: Median and dispersion in the number of days to obtain all required licenses to effectively start a business (spread 80-20 percentile). Reduce the administrative time needed to effectively start a business. Value (quantitative or Qualitative) 10a. Median: 26 days 10b. Dispersion: 22.6 days 10a. Median: 12 days 10b. Dispersion: 10 days Median: 18.0 days Dispersion: 19.4 days Date achieved 2011 30/9/2015 30/9/2015 Comments (incl. % achievement) Partially achieved for the median. By end-2016: median 16 days, dispersion 27.4 days. Program Development Objectives (from Program Document Loan and Program Summaries) The series was built around three pillars, which are also the operation’s PDOs: (i) improve transparency and accountability; (ii) improve debt management and the efficiency of government spending; and (iii) promote private sector-driven growth. G. Ratings of Program Performance in ISRs Jordan Programmatic Series: First and Second Programmatic Policy Loans (P124441 and P125483). No. Date ISR Archived DO IP Actual Disbursements (USD millions) 1 03/13/2012 Satisfactory Satisfactory 249.38
ICR-Main-Document-P124441-2017-May-2-05082017.docx