Second Programmatic Inclusive Growth DPO (WB-P156444)

Countries
  • Georgia
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
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Apr 28, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Ministry of Finance - Georgia
The holder of the loan, grant, or other investment.
Sectors
  • Education and Health
  • Law and Government
  • Technical Cooperation
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, etc.
Investment Amount (USD)
$ 50.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported
Converted using 2017-04-28 exchange rate.
Project Cost (USD)
$ 50.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported
Converted using 2017-04-28 exchange rate.
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 3, 2017

Disclosed by Bank Oct 20, 2015


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Project Description
This project funds improvements to various areas of the Georgian government. Specifically, it will strengthen fiscal oversight of public institutions, improve budgeting and the framework for civil service reform, and improve coverage and quality of social services and strengthen monitoring of outcomes.
Investment Description
  • World Bank (WB)
Contact Information
World Bank Contact: Mona Prasad Title: Sr Country Economist Tel: (202) 458-8757 Fax: (202) 522-2753 Email: mprasad@worldbank.org Borrower Contact: Mr. David Lezhava Title: Dy Minister of Finance Tel: (995 32) 2261455 Email: d.lezhava@mof.ge ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.