Senegal Structural Reform Development Policy Operation Series (WB-P159023)

Countries
  • Senegal
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
U
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, 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, FINANCE AND PLANNIN
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 60.00 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)
$ 60.00 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 Feb 26, 2019

Disclosed by Bank Jul 28, 2016


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Project Description

The objective of the First Multi-Sectoral Structural Reform Development Policy Financing Project is to support Government’s efforts in: (i) strengthening governance and management to reduce costs, improve reliability and facilitate equitable access in the energy sector; and (ii) enhancing the legal and regulatory framework to promote competition, investment and equitable access in the ICT sector. Growth and poverty reduction have been sluggish in Senegal over the past 25 years, but more recently growth accelerated and poverty reduction may be following.

Investment Description
  • World Bank (WB)
Contact Information

Contact: Alioune Ndong
Title: Conseiller Technique
Email: andong@minfinances.sn

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.