TOGO Economic Governance (WB-P158078)

Countries
  • Togo
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
C
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
Oct 3, 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 Economy and Finance
The holder of the loan, grant, or other investment.
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, converted to USD$. 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, converted to USD$. Please see updated project documentation 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
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
  • World Bank (WB)
Contact Information
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.