Catalytic Fund Portfolio

by Robert Prouty

Catalytic Fund Committee MeetingNovember 10, 2010 | Madrid, Spain

CF Allocations inception to May 201051 allocations to 36 countries

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19 fully disbursed

10 more than 50% disbursed

14 less than 50%

disbursed (2009 & earlier)

8 less than 50%

disbursed (2010

approvals)

2003-2006 Allocations

Country SE 2003-06 Disbursed % DisbursedLesotho Allocation 1 WB 11.9 10.9 91%

Niger WB 21.0 16.8 80%

Yemen WB 40.0 28.4 71%

Ghana Allocation 2 WB 14.2 8.6 61%

Kyrgyz Republic WB 15.0 8.9 59%

Cameroon WB 47.3 22.5 48%

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2007 Allocations

Country SE 2007 Disbursed % DisbursedEthiopia Allocation 1 WB 70.0 62.6 89%Mali WB 8.7 7.0 81%

Sao Tome & Principe WB 3.6 2.3 63%Benin WB 76.1 28.4 37%Mauritania Allocation 2 WB 14.0 5.0 36%Cambodia WB 57.4 14.6 25%Sierra Leone WB 13.9 3.0 22%Senegal WB 81.5 9.3 11%

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2008 Allocations

Country SE 2008 Disbursed % DisbursedGuyana Allocation 2 WB 20.5 12.3 60%

Zambia Netherlands 60.0 30.1 50%

The Gambia Allocation 2 WB 28.0 9.2 33%

Burkina Faso WB 102.0 22.0 22%

Central African Republic WB 37.8 6.1 16%

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2009 Allocations

Country SE 2009 Disbursed % Disbursed

Tajikistan Allocation 2 WB 13.5 1.0 7%

Lesotho Allocation 2 WB 20.0 - 0%

Nepal WB 120.0 - 0%

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Applying the proposed timeframes for grant signing: Potential for cancellation

CF Committee MeetingNovember 10, 2010 | Madrid, Spain7

Grants unsigned 9 months after allocation

Nepal: $120m 2009Burkina Faso: $35m 2008Guinea: $40m 2007/2010Kyrgyz Republic: $6.1m 2008*Cameroon: $24.8m 2008*

Decision requested

CF Committee MeetingNovember 10, 2010 | Madrid, Spain8

CFC/2010/11-01: Reductions in Allocations: The Catalytic Fund Committee (CFC) requests the Secretariat to follow-up with countries identified for potential allocation reduction of its allocation by no later than December 15, 2010. Based on feedback from countries, the CFC requests the Secretariat to send to the CFC by no later than December 31, 2010, recommendations for allocation reductions, for non objection by the CFC by no later than January 15, 2011.