The development objectives of First Macroeconomic and Fiscal Management Operation Project in Guinea are to support the post Ebola recovery as well as to improve public finances, mining sector transparency, and the financial health of the energy sector. The First Macroeconomic and Fiscal Management Operation is the first of two operations in a series and is broadly supportive of key elements of the country’s post Ebola recovery strategy and aims at strengthening transparency in priority sectors. The operation is fully compatible with the Bank’s assistance to Guinea as defined in the FY14–17 Country Partnership Strategy (CPS). It addresses poverty reduction and shared prosperity by supporting improved governance systems, fostering accelerated, equitable and diversified growth in Guinea and accompanying improvements in human capital. Through the operation and the focus on health, mining, public finance, and energy, the Bank will continue to be a key partner in building systems to improve lagging human development indicators for absolute poverty reduction, through more efficient and transparent allocation of resources.
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 firstname.lastname@example.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.