Early Warning System

Countries

Burkina Faso

Geographic location where the impacts of the investment may be experienced.

Financial Institutions

World Bank (WB)

International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Closed

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Voting Date

Jun 4, 1992

Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.

Borrower

Government of Burkina Faso

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Law and Government

The service or industry focus of the investment. A project can have several sectors.

Investment Type(s)

Loan

The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.

Investment Amount (USD)

$ 15.00 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.

Project Cost (USD)

$ 15.00 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.

Bank Documents

Other Related Projects

Primary Source

Original disclosure @ WB website

Updated in EWS Aug 9, 2024

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Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the project consists of increase public administration efficiency and accountability through:(a) strengthening budget preparation and implementation, and civil service reforms; (b) reforms to commercial laws and training of legal staff; and (c) strengthening public accounting and procurement allthrough process reform, technical assistance and training.

The objective of the project is to support the development of the major public institutions in Burkina charged with economic and sector management. The project will facilitate the implementation of the medium-term macroeconomic adjustment program introduced in 1990. The strategy to sustain institutional development includes: (a) ensuring adequate legislative and administrative rules in targeted institutions; (b) revising existing procedures and adopting new ones for resource/budgetary use in those institutions; and (c) beginning to build national capacity to plan, manage, and communicate resource management issues, through training Burkinabe, rather than through widespread long-term technical assistance. Specifically, the project will: (a) reinforce information and budgetary management functions in the Administrative and Finance Departments and the Research and Planning Departments of four priority ministries (Finance, Health, Education, and Civil Service); (b) finance a civil service census and introduce new procedures for civil service management and training; (c) support an updating of Burkina's public procurement code, legislation, and procedures; (d) through legal, procedural reforms, and training, assist in creating a favorable business climate with appropriate commercial laws, judicial practices and personnel; and (e) finance the training of Burkinabe journalists in economic journalism so as to improve the quality of analysis and reporting of economic policies.

Early Warning System Project Analysis

For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

According to the Bank’s "Implementation Completion and Results Report" available in the website, "the risk analysis was not adequate". (page 13)