PRODUCTIVE SAFETY NET PROJECT (PSNP 4) ADDITIONAL FINANCING (WB-P158770)

Countries
  • Ethiopia
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
B
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
Jun 30, 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
MINISTRY OF FINANCE & ECONOMIC COOPERATI
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 100.00 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)
$ 1,400.00 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 Sep 24, 2017

Disclosed by Bank May 18, 2016


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Project Description
The Program Development Objective is: increase access to effective safety net and disaster risk management systems, and complementary livelihood and nutrition services for food-insecure households in the Recipient's rural areas. The Additional Financing builds on the ongoing PSNP 4 in order to scale up and strengthen the response of the PSNP to both new and core beneficiaries, following the design of the Parent Project. The Additional Financing will scale-up the PSNP in response to the ongoing drought in Ethiopia.
Investment Description
  • World Bank (WB)
Contact Information
Borrower/Client/Recipient Name: Ministry of Finance and Economic Cooperation Contact: Ato Fisha Aberra Title: Director, International financial Institutions Cooperation Email: infopr@mofec.gov.et Implementing Agencies Name: Ministry of Agri culture and Natural Resources Contact: Ato Berhanu W/Michael Title: Director, FSCD Email: berhanuw@yahoo.com 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.