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Nothing herein shall constitute or be considered to be a limitation upon or waiver of the privileges and immunities of the Islamic Development Bank Group, all of which are specifically reserved” TA B L E O F C O NT E NT S TABLE OF CONTENTS ABBREVIATIONS 05 MESSAGE FROM THE PRESIDENT 06 SNAPSHOTS ON DEVELOPMENT PROGRESS ON MCs IN 2023 08 EXECUTIVE SUMMARY 10 CHAPTER 01 INTRODUCTION 16 1.1 Objective of ADER 17 1.2 Bank’s Strategic Direction 18 1.3 Method and limitations 19 CHAPTER 02 DEVELOPMENT PROGRESS IN MEMBER COUNTRIES (LEVEL 1) 20 2.1 Economic Growth and Forecast in IsDB Member Countries 21 2.2 Progress Towards Sustainable Development Goals 23 2.3 Effect of Food Crisis on MCs 25 CHAPTER 03 DEVELOPMENTAL RESULTS OF BANK’S OPERATIONS (LEVEL 2) 28 3.1 Pillar 1: Green, Resilient & Sustainable Infrastructure 31 3.2 Pillar 2: Inclusive Human Capital Development 40 3.3 Key Results in Cross-Cutting Areas 53 CHAPTER 04 ORGANIZATIONAL EFFECTIVENESS (LEVELS 3 & 4) 58 4.1 Findings and Lessons Learned from Evaluations 59 4.2 Operations Efficiency 62 4.3 Organizational Performance 68 CHAPTER 05 CONCLUSION 74 5.1 Summary of Results 76 5.2 Key Challenges 77 5.3 Way Forward 77 01 02 DEVELOPMENT EFFECTIVENESS REPORT 2023 LIST OF TABLES Table 1 Macroeconomic Indicators in Member Countries 08 Table 2 Key Results from projects/grants completed in 2023 09 Table 3 Results-based Management Framework (RBMF) Structure and Levels 12 Table 4 IsDB MCs with highest real GDP growth for 2022 (Percent) 22 Table 5 IsDB MCs with lowest real GDP growth for 2022 (Percent) 22 Table 6 Agriculture & Rural Development Planned Result Indicators 31 Table 7 Agriculture & Rural Development Completed Result Indicators 31 Table 8 Sustainable Transport Planned Results 34 Table 9 Sustainable Transport Completed Results 34 Table 10 Clean & Renewable Energy Planned Results 36 Table 11 Clean & Renewable Energy Completed Results 36 Table 12 Water & Sanitation Planned Results 38 Table 13 Water & Sanitation Completed Results 38 Table 14 Resilient & Quality Education Planned Results 42 Table 15 Resilient & Quality Education Completed Results 42 Table 16 Universal Healthcare Planned Results 45 Table 17 Universal Healthcare Completed Results 45 Table 18 SMEs & Job Creation Planned Results 49 Table 19 SMEs & Job Creation Completed Results 49 Table 20 RBMF Structure and Levels 68 LIST OF FIGURES LIST OF FIGURES Figure 1 Trends of Active Portfolio at Year-ends 09 Figure 2 OCR Approvals 2023 by Region 09 Figure 3 OCR Disbursements and Ratio 09 Figure 4 Project Completion Reports Trends (2018 – 2023) 09 Figure 5 Major Planned Results from Projects Approved in 2023 14 Figure 6 Startegic Alignment of the IsDB’s Operations Approval in 2023 by Sector on the Realigned Strategy (2023-2025) 19 Figure 7 Real GDP Growth (% change) 21 Figure 8 17 SDGs and 5Ps 23 Figure 9 IsDB MCs SDGs Achievement by 17 Goals in 2023 24 Figure 10 IsDB MCs SDGs Achievement by the Five Dimensions (5Ps) in 2023 24 Figure 11 Project Completion Reports Trends (2018 – 2023) 59 Figure 12 Sectoral Distribution of PCRs in 2023 59 Figure 13 PCR Performance Trends 60 Figure 14 Trends of Active Portfolio at Year-ends (US$ Millions) 62 Figure 15 Active Portfolio by Sectors 63 Figure 16 Active Portfolio by Regions 63 Figure 17 OCR Approval Trends 64 Figure 18 ORC Approvals in 2023 by Sector 64 Figure 19 OCR Approvals in 2023 by Region 65 Figure 20 OCR Approvals in 2023 by Mode of Financing 65 Figure 21 OCR Disbursements and Ratio 65 Figure 22 Effective Portfolio Management 66 03 04 DEVELOPMENT EFFECTIVENESS REPORT 2023 IN THE SPOTLIGHT In the Spotlight 1 Hydro-Agricultural Development Project in Upper Sassandra and Fromager Regions (Phase II), Cote d’Ivoire 32 In the Spotlight 2 Olama-Kribi Road Project - Construction of Olama-Bingambo Section, Cameroon 35 In the Spotlight 3 Assiut (El-Walidia) Thermal Power Plant Project, Egypt 37 In the Spotlight 4 Rural Water Supply and Sanitation Improvement Project, Kyrgyzstan 39 In the Spotlight 5 The Development of Four Higher Education Institutions Project, Indonesia 43 In the Spotlight 6 Support to Health System Strengthening in Inhambane Province Project, Mozambouqe 46 In the Spotlight 7 Murabaha Financing for the Urgent Working Capital Facility to Support SMEs under SPRP package-COVID-19, Türkiye 50 In the Spotlight 8 Completing the implementation of the Reverse Linkage project between Bangladesh (Recipient) and Türkiye (Provider) on “Enhancing the Capacity in Cotton Varieties Development” 57 LIST OF PHOTOS Photo 1 Views of A Market Garden Bborehole Offered to A women’s Group in Linia - Hydro-Agricultural Development Project in Upper Sassandra and Fromager Regions (Phase II) 32 Photo 2 Tomato harvest in Linia - Hydro-Agricultural Development Project in Upper Sassandra and Fromager Regions (Phase II) 32 Photo 3 A view of The Built Road - Olama-Kribi Road Project - Construction of Olama-Bingambo Section 35 Photo 4 One block of Three (3) Classrooms with Latrines – Olama - Kribi Road Project - Construction of OlamaBingambo Section 35 Photo 5 Steam Turbine Generator - Assiut (El-Walidia) Thermal Power Plant Project 37 Photo 6 Boiler Overview - Assiut (El-Walidia) Thermal Power Plant Project 37 Photo 7 Sanitation provision at Abdelrahmanof School, Korgon District - Rural Water Supply and Sanitation Improvement Project 39 Photo 8 Water Wellfield at Besh-Moinok Subproject, Suzak District - Rural Water Supply and Sanitation Improvement Project 39 Photo 9 Building Capacity of Member Countries 41 Photo 10 State University of Malang (UM) - The Development of Four Higher Education Institutions Project 43 Photo 11 University of Jember (UNEJ) - The Development of Four Higher Education Institutions Project 43 Photo 12 Support to Health System Strengthening in Inhambane Province Project 1 46 Photo 13 Support to Health System Strengthening in Inhambane Province Project 2 46 Photo 14 A Medical Professional Seeking to Restore Eye Sight to Many in His Community 47 Photo 15 Murabaha Financing for the Urgent Working Capital Facility to Support SMEs under SPRP 1 package-COVID-19 50 Photo 16 Murabaha Financing for the Urgent Working Capital Facility to Support SMEs under SPRP 2 package-COVID-19 50 Photo 17 59-year-old coffee female farmer Beti Namusisi. 51 Photo 18 Laraba, 40 Young Female Rice Grower 52 Photo 19 Albayan Foundation’s Vision Realized: Construction of a Hotel in Al Madinah 53 Photo 20 Empowering Zamzam Society: The Commercial Tower Project in Makkah 53 Photo 21 Türkiye and Central Field Crops Research Institute-1 in Ankara, Türkiye 59 Photo 22 Türkiye and Central Field Crops Research Institute-2 in Ankara, Türkiye 59 ABBREVI ATIONS ABBREVIATIONS ADER Annual Development Effectiveness Report MENA Middle East/North Africa ADFD Abu Dhabi Fund for Development MSME Micro, Small, and Medium Enterprises aRBM Adaptive Results-Based Management MSP Merit Scholarship Program BMGF Bill and Melinda Gates Foundation NGOs Non-governmental organizations COMCEC Standing Committee for Economic and Commercial Cooperation of the Organization of the Islamic Cooperation OCR Ordinary Capital Resources OIC Organization of Islamic Cooperation ECOSOC/ HLPF Economic and Social Council/High-level Political Forum on Sustainable Development OMS Operation Management System PCR Project Completion Report FSRP Food Security Response Program G20 The Group of Twenty PIASR Project Implementation Assessment and Support Report GDP Gross Domestic Product PPF Public Provident Fund GPEDC Global Partnership for Effective Development Co-operation PPP Public-Private Partnership QFFD Qatar Fund for Development ICRC International Committee of the Red Cross RBMF Results-Based Management Framework ICT Information and Communications Technology SDGs Sustainable Development Goals IMF International Monetary Fund SERVE Strengthening the Economic Resilience of Vulnerable Enterprises IsDB Islamic Development Bank SMEs Small and Medium Enterprises ISFD Islamic Solidarity Fund for Development IWP Integrated Work Program SPMC Scholarship Program for Muslim Communities KAAP King Abdullah bin Abdulaziz Program for Charity Works SPRP Strategic Preparedness and Response Program KAHF King Abdullah Humanitarian Foundation SSA Sub-Saharan Africa KSRelief King Salman Humanitarian Aid and Relief Center UNGA The UN General Assembly WEF World Economic Forum LDMCs Least Developed Member Countries We-FI Women entrepreneurs Finance Initiative LLF Lives and Livelihoods Fund WEO World Economic Outlook MC Member Countries MCPS Member Country Partnership Strategy MDBs Multilateral Development Banks 05 06 DEVELOPMENT EFFECTIVENESS REPORT 2023 MESSAGE FROM THE PRESIDENT COVID-19’s aftershocks, coupled with a tense geopolitical landscape, delivered a harsh blow to our Member Countries’ economies.
It straddles the Middle East and Africa, where most ICIEC member states are. ... It is the third-largest equity shareholder in ICIEC after the IsDB and Saudi Arabia and is in the Top Ten states that have benefitted from ICIEC services over recent years.
Unit No. 1, Jeddah 22332-2444 Kingdom of Saudi Arabia Tel. : + 966 -12-646-6934 GOE Fax : + 966 -12-646-7853 E-mail. : goed@isdb.org Web : www.isdb.org II I ISLAMIC DEVELOPMENT BANK GROUP I GOED I GROUP OPERATIONS EVALUATION DEPARTMENT ACRONYMS AND ABBREVIATIONS AADT AER ADM AfDB AfrEA AMCI APIF ARD AsDB / ADB BCC BED BEP BoQ BSTDB CAE CCD CDD CFA CGO CMC CME COP21 CTY DAC DED EA EBRD ECG EIB EIRR FER FIRR G GCC GDP GER GCC GoA GOE GPEDC GPS GWh H HDE IaDB ICD ICIEC ICT ID IDB IDBG IFAD IMF INF IPP IRTI Annual Average Daily Traffic Annual Evaluation Report Société Nationale des Autoroutes du Maroc African Development Bank African Evaluation Association Technical Cooperation Agency in Morocco Awqaf Properties Investment Fund Agriculture and Rural Development Asian Development Bank Berber Cement Company Board of Executive Directors Bilingual Education Program Bill of Quantity Black Sea Trade and Development Bank Country Assistance Evaluation Co-operation & Capacity Development Capaci
EVALUATION TYPOLOGY AND NOMENCLATURE Independent Evaluation Department, IsDB Jeddah, Saudi Arabia 2024 Independent Evaluation Department, IsDB Acknowledgments This Note on the Typology of Evaluation is prepared by a team composed of Zaher Rebai, Dr. Intizar Hussain, and Ehtisham Ul Hassan, in consultation with Oguz Ceylan, from the Independent Evaluation Department.
Accounting Unit The accounting unit of IDB is the Islamic Dinar (ID) which is equivalent to one SDR – Special Drawing Rights of the International Monetary Fund. ... Ismail Omar Al Dafa, representing the State of Qatar Hon.
This includes, for example, signing agreements with the Malaysia EXIM Bank, the Saudi EXIM BANK, and the Trade Development Bank (TDB) on pipeline sharing and co-financing and numerous strategic consultations and workshops with development finance institutions (DFIs), multilateral development banks (MDBs) and Islamic financial institutions (IFIs) including the Asian Infrastructure Investment Bank (AIIB), the International Financial Corporation (IFC), the United Nations Development Program (UNDP), and Saudi Arabia’s National Development Fund (NDF) and Public Investment Fund (PIF) on opportunities for enhanced cooperation.
SPECIALIZED FUNDS.......................................................................................... 9 5.1 ISLAMIC BANKS’ PORTFOLIO FOR INVESTMENT AND DEVELOPMENT (IBP).................................................................................................................................... 9 5.2 UNIT INVESTMENT FUND (UIF) ............................................................................ 10 5.3 INFRASTRUCTURE FUND (IIF) ................................................................................ 11 5.4 AWQAF PROPERTIES INVESTMENT FUND (APIF) .......................................... 11 5.5 WORLD WAQF FOUNDATION (WWF) ................................................................. 12 6 AFFILITIATED INSTITUTIONS ............................................................................ 13 6.1 INTERNATIONAL CENTER FOR BIOSALINE AGRICULTURE (ICBA)......... 13 6.2 OICNETWORKS............................................................................................................ 14 7. ... The purpose of the IDB is stated on page 1.
iii List of Acronyms/Abbreviations AAOIFI AfT APIF CIBAFI CIT CG DFID E4E ECG EGM ESCWA FDI GDA GTRC ICD ICDD ICIEC ICT ID IDB IFC IFIs IFSB IFSI IICO IIFM ILO IRTI ISFD ITAP ITFC LDMCs MCPS MDB MDGs MENA : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : Accounting and Auditing Organization for Islamic Financial Institutions Aid-for-Trade Awqaf Properties Investment Fund Council for Islamic Banks and Financial Institutions Countries in Transition Coordination Group United Kingdom’s Department for International Development Education for Employment Evaluation Coordination Group Expert Group Meeting Economic and Social Commission for Western Asia Foreign Direct Investment Global Development Agenda Group Trade-Related Issues Committee Islamic Corporation for the Development of the Private Sector Integrated Community Driven Development Programme Islamic Corporation for the Insurance of Investment and Export Credit Information and Communication Technology Islamic Dinar Islamic Development Bank International Finance Corporation Islamic financial institutions Islamic Financial Services Board Islamic Financial Services Industry International Islamic Charitable Organization International Islamic Financial Market International Labour Organization Islamic Research and Training Institute Islamic Solidarity Fund for Development Investment Technical Assistance Programme International Islamic Trade Finance Corporation Least Developed Member Countries Member Country Partnership Strategy Multilateral Development Bank Millennium Development Goals Middle East and North Africa v MFSP MoU NDFIs NGOs OCR OIC PIASR PIDA PPP PSCDR S&T SIT SMEs SPDA SPECA STATCAP TA TCP TCPP TPOs UIF UN VOLIP WTO vi : : : : : : : : : : : : : : : : : : : : : : : : Microfinance Support Programme Memorandum of Understanding National Development Financing Institutions Non-Governmental Organizations Ordinary Capital Resources Organization of Islamic Conference Project Implementation Assessment and Support Report Programme for Infrastructure Development in Africa Public Private Partnerships Prince Salman Centre for Disability Research Science and Technology Sterile Insect Technique Small & Medium Enterprises Special Programme for the Development of Africa Special Programme for the Economies of Central Asia and Afghanistan Statistical Capacity Building Technical Assistance Technical Cooperation Programme Trade Cooperation Promotion Programme Trade Promotion Organizations Unit Investment Fund United Nations Vocational Literacy for Poverty Reduction Programme World Trade Organization IDB Group Capital Structure As at end - 1431H (6 December 2010) IDB (ID*) Authorized Capital 1431H At Inception Subscribed Capital 1431H At Inception Paid-In Capital 1431H At Inception ICD ($**) (Amount in million) ICIEC (ID) ITFC ($) 30,000 2,000 150 3,000 2,000 1,000 100 3,000 17,475.6 1,000 149 750 750 350 68.8 500 4,031.07 401.2 74.5 671.7 280 88.1 63.8 446.1 *ID = Islamic Dinar is equivalent to one unit of SDR (Special Drawing Rights of the International Monetary Fund). **$ Refers to US$.
Supporting our member states’ national development therefore necessitates a proactive presence on the international development arena. ... IsDBG’s top management and technical experts from different practices and business units have worked hand in hand in coordination with their Indonesian counterparts to ensure the efficiency and effectiveness of IsDB’s support of the G20 presidency.
Food and Agriculture Organization of the United Nations Cairo, 2019 Required citation: Lewis, P. 2019. ... Specifically, our increased focus on climate change led to the creation of a new dedicated unit to mainstream climate aspects in our operations to enhance the robustness and sustainability of our interventions.