State Consolidation Development Program (WB-P160123)

Countries
  • Central African Republic
Geographic location 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Dec 1, 2016
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
MINISTRY OF FINANCE
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 20.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 20.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 14, 2017

Disclosed by Bank Jul 21, 2016


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.
This program document objective of the First State Consolidation Development Program (SCDP) for Central African Republic (CAR) is to support the reestablishment of basic fiscal management and transparency as well as support economic recovery. This is the first grant in a proposed programmatic series of two grants, totaling USD 35 million equivalent, which supports a scalable series of reforms over a two year period (2016-17). The operation is structured around two pillars. Under the first pillar, reestablishing basic fiscal management and transparency the development policy operation (DPO) series seeks to increase fiscal revenue, improve wage-bill management, reduce the use of extraordinary budget spending procedures, and increase budget control and transparency. Under the second pillar, supporting economic recovery—the DPO series seeks to support a pro-poor, post-transition reform agenda that reinvigorates drivers of economic growth in critical sectors, including transport, agriculture, forestry, and telecommunications or ICT. The proposed reform areas represent a selective approach to a gradual and scalable reengagement in the current post-conflict environment. However, while these two pillars are designed to target the most critical constraints facing CAR’s growth needs, the DPO series does not include other important sectors, which will receive support through other World Bank- and donor-funded programs, including additional technical assistance and investment lending provided under the CAR Turn-Around Facility.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.
Contact: Gervaiss DOUNGOUPOU, Coordinator CS-REF, Denise TOMBIDAM, Deputy Coordinator CS-REF Tel:+236 21 61 38 28 or +236 21 61 46 15 Fax: +236 21 61 41 87 Email: gmdoungoupou@gmail.com or dtombidam2002@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.

How it works

How it works