TOGO Economic Governance (WB-P158078)

Countries
  • Togo
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
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
C
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
Oct 3, 2017
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
Ministry of Economy and Finance
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
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)
$ 20.60 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.
Primary Source

Original disclosure @ WB website

Updated in EWS Oct 21, 2017

Disclosed by Bank Jul 18, 2016


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

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.
The development objective of the Economic Governance Project for Togo is to improve public investment management, domestic revenue mobilization (DRM) and public accountability, and monitoring mechanisms for better service delivery in priority sectors. The project comprises of four components. The first component, management of public investments and public private partnerships aims to improve the effectiveness of public investment management (PIM) in Togo to support the realization of the ambitious objectives of the national development plan 2018-2022 and Togo vision 2030. It consists of following sub-components: (i) enhancing planning of public investments including public-private partnerships; (ii) ensuring selection and budgeting of high quality public investments; and (iii) enhancing the implementation of public investments. The second component, supporting domestic resource mobilization seeks to support DRM by strengthening tax policy and its implementation. It consists of following sub-components: (i) strengthening capacity for tax policy; (ii) broadening tax base through improvements in tax administration; and (iii) enhancing taxpayer services to promote voluntary compliance. The third component, increasing public accountability and citizen engagement aims to increase public accountability and citizen engagement in Togo by strengthening formal public accountability mechanisms, citizen engagement in the budget preparation and execution processes, and citizen feedback on the quality and accessibility of public services in three priority subsectors (primary education, maternal and child health, and urban water supply). It consists of following sub-components: (i) strengthening capacity of formal oversight and accountability institutions; (ii) strengthening civil society engagement in the budget process; and (iii) citizen engagement in priority sectors.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.
Ministry of Finance Mongo Aharh Kpessou Permanent Secretary Policy Reforms and Financing Programs affodedji@yahoo.fr 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.

How it works

How it works