FIAS SCORECARD FOR FY17–21
STRATEGIC THEME | INDICATOR | CUMULATIVE FY12–16 | FY17 | FY18 | FY19 | FY20 | FY21 | CUMULATIVE FY17–21 | FY17–21 STRATEGY TARGET* |
---|---|---|---|---|---|---|---|---|---|
Focus on Priority Clients | % of FIAS client-facing project implementation spend in IDA countries | 75% | 69% | 68% | 57% | 57% | 65% | 63% | 70% |
% of FIAS client-facing project implementation spend in Sub-Saharan Africa | 55% | 54% | 47% | 41% | 48% | 41% | 46% | 50% | |
% of FIAS client-facing project implementation spend in FCS | 29% | 29% | 30% | 23% | 23% | 33% | 28% | 25% | |
Delivering Significant Business Results | Number of IC Reforms supported by FIAS | 341 | 62 | 40 | 31 | 20 | 51 | 204 | 220 |
% of IC reforms supported by FIAS in IDA countries | 73% | 58% | 65% | 58% | 60% | 51% | 58% | 70% | |
% of IC reforms supported by FIAS in Africa | 66% | 32% | 30% | 71% | 60% | 43% | 43% | 50% | |
% of IC reforms supported by FIAS in FCS countries | 30% | 21% | 25% | 35% | 30% | 16% | 24% | 25% | |
Client Satisfaction and Development Effectiveness | Client satisfaction: FIAS supported projects (results from IFC Client survey) | 92% | 90% | 100% | 97% | 91% | 96% | 94% | 90% |
Development Effectiveness: FIAS supported projects (% of projects rated satisfactory in terms of development effectiveness) | 88% | 100% | 50% | 60% | 100% | 73% | 74% | 80% | |
Measuring Impact | Direct Compliance Cost Savings | $208M | $123M | $13.4M | $6.9M | $50.3M | $2.6M | $196.2M | $200M |
Investment Generated via facilitation of FDI in prority sectors | $1.59B | $153.2M | $43M | $62M | $151.6M | $589.3M | $999.1M | $800M | |
Leverage | IBRD and IFC investment operations informed and enabled by FIAS** | 119 | NA |
* The FIAS FY17–21 strategy cycle targets were created on an assumption that $200 million would be raised to finance the program; actual fundraising for the cycle totals $171.7 million. Accordingly, targets for number of reforms achieved, compliance cost savings (CCS), and investment generated were reduced proportionately: target reform total from 275 to 220; CCS from $250 million to $200 million; and investment generated from $1 billion to $800 million.
** Data for FIAS leverage was compiled from a survey of 285 client-facing projects active during the FIAS FY17 – 21 cycle; 119 of 285 projects (42 percent) had links to IBRD or IFC investment operations.