GABON FISCAL CONSOLIDATION AND INCLUSIVE GROWTH OPERATION (WB-P159508)

Countries
  • Gabon
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
Nov 7, 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
Government of Gabon
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)
$ 200.00 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)
$ 200.00 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 Nov 29, 2017

Disclosed by Bank Jun 1, 2017


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Project Description
The Program Development Objective of the Dev elopment Policy Financing is to support government’s efforts in: (i) increasing revenue mobilization, stabilizing the wage bill, and improving efficiency and transparency in procurement practices to strengthen fiscal balance; (ii) improving the business climate and developing ICT services to enhance competitiveness; and (iii) improving the efficiency of health care delivery and social protection services to protect the poor. The operation is organized around three pillars: (1) strengthening fiscal balance; (2) enhancing competitiveness; and (3) protecting the poor each including several policy areas
Investment Description
  • World Bank (WB)
Contact Information
Contact: S.E.M. Régis Immongault Title: Ministre du Développement Durable, de l’Economie, de la Promotion des Investissements et de la Prospective Tel: (+241) 01795016 Email:noel.mboumba@gmail.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.