MEFMI Grant Agreement (II) - DMF II (WB-P158441)

Regions
  • World
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
Mar 10, 2016
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
Macroeconomic and Financial Management Institute for Eastern and Southern Africa
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.
Project Cost (USD)
$ 0.85 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 Jan 5, 2018

Disclosed by Bank Jan 20, 2016


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Project Description
To strengthen capacity of DMF-eligible countries to manage debts effectively, so as to enable governments to finance their operations prudently with appropriate cost-risk mix to contribute to macro-economic stability and ensure sustainable debt levels over the long term.
Investment Description
  • World Bank (WB)
Contact Information
World Bank Contact: Emre Balibek Title: Senior Debt Specialist Tel: 473-3401 Email: ebalibek@worldbank.org Borrower/Client/Recipient Name: Macroeconomic and Financial Management Institute for Eastern and Southern Africa Contact: Raphael Otieno Title: Director Debt Management Programme Tel: 26347459888991-4 Email: Raphael.Otieno@mefmi.org Implementing Agencies Name: Macroeconomic and Financial Management Institute for Eastern and Southern Africa Contact: Raphael Otieno Title: Director Debt Management Programme Tel: 26347459888991-4 Email: Raphael.Otieno@mefmi.org 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.