Disclosable Restructuring Paper - Ferghana Valley Rural Enterprise Development Project - P166305 (English)

Table of Contents

• Report No RES00360 1
• RESTRUCTURING PAPER 1
• ON A 1
• PROPOSED PROJECT RESTRUCTURING 1
• Ferghana Valley Rural Enterprise Development Project 1
• APPROVED ON 21-Mar-2019 1
• Republic of Uzbekistan 1
• Agriculture and Food Europe And Central Asia 1
• The World Bank 2
• ABBREVIATIONS AND ACRONYMS 2
• The World Bank 3
• The World Bank 4
• BASIC DATA 4
• Product Information 4
• Organizations 4
• OPERATION STATUS 4
• Project Development Objective DO 4
• Disbursement Summary in USD million 4
• The World Bank 5
• Policy Waivers 5
• The World Bank 6
• I. PROJECT STATUS AND RATIONALE FOR RESTRUCTURING ...................................................................................1 6
• II. DESCRIPTON OF PROPOSED CHANGES 6
• III. PROPOSED CHANGES........................................................................................................................................6 6
• IV. DETAILED CHANGES .......................................................................................................................................6 6
• The World Bank 7
• I. PROJECT STATUS AND RATIONALE FOR RESTRUCTURING 7
• Progress towards achievement of PDO 7
• Satisfactory 7
• Implementation Progress 7
• Moderately Satisfactory e 7
• Component 1 Enterprise Development 7
• The World Bank 8
• Component 2 Access to Finance 8
• Component 3 Project Management and Coordination 8
• Rationale for Restructuring 8
• Agriculture machinery leasing services. 8
• The World Bank 9
• Change in the institutional arrangement of the Project. 9
• The World Bank 10
• II. DESCRIPTON OF PROPOSED CHANGES 10
• Introduction of a new subcomponent on agriculture machinery leasing Subcomponent 2.3 and reallocation of 10
• US19.5 million of currently unutilized fund under the Project. 10
• Table 1 Cost Re-allocation IBRD US million 10
• Original Revised 10
• Component 1 Enterprise Development 15.0 10.0 10
• Component 2 Access to Finance 167.0 186.5 10
• Component 3 Project Management and Coordination 10
• 18.0 3.5 10
• The World Bank 11
• Total 200.0 200.0 11
• Change in the implementation arrangement of the Project. 11
• Change in the disbursement categories. 11
• Revisions of Results Framework indicators. 11
• Table 2 Changes in the Results Framework 11
• Environmental and Social ES instruments 11
• The World Bank 12
• III. PROPOSED CHANGES 12
• Operation Information Proposed Changes Operation Information Proposed Changes 12
• IV. DETAILED CHANGES 12
• COMPONENTS 12
• Current 12
• Component Name 12
• Current Cost USD Action Proposed 12
• Component Name 12
• Proposed Cost USD 12
• The World Bank 13
• TOTAL 185000000.00 200000000.00 13
• COSTS FINANCING 13
• Private Capital Facilitation 13
• Is this an MFD-Enabling Project MFD-EP 13
• Is this project Private Capital Enabling PCE 13
• LOANS 13
• Reallocations 13
• IBRD-89380-001 13
• Financing Type Total 13
• Category No. 13
• Expenditure Category 13
• Current Allocation 13
• Actuals Committed 13
• Proposed Allocation Current Proposed 13
• Total 200000000.0 0 13
• 200000000.0 0 13
• LEGAL 13
• The World Bank 14
• Environmental Assessment EA Category 14
• Safeguard Policies 14
• Triggered 14
• Policies Current 14
• Explanation required if rating changes 14
• Legal Covenants 14
• LoanCreditTF Description Status Action 14
• Conditions 14
• The World Bank 15
• The World Bank 16
• The World Bank 17
• The World Bank 18
• The World Bank 19
• The World Bank 20
• The World Bank 21