Additional Financing for Social Safety Net Project (WB-P160371)

Countries
  • Burkina Faso
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
Dec 7, 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
GOVERNMENT OF BURKINA FASO
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)
$ 6.00 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 Aug 14, 2017

Disclosed by Bank Oct 11, 2016


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Project Description
The development objective of Social Safety Net Project for Burkina Faso is to provide income support to poor households and to lay the foundations for a basic safety net system in the country. This restructuring for additional financing requires the following changes: (i) revision to the PDO and Results Framework; (ii) extending the closing date of the parent project to August 31, 2020; (iii) amplification of component 1, adding a short-term, shock responsive modality of cash transfers; and (iv) a change in institutional arrangements, as the Project Implementation Unit (PIU) will be led by a new coordinator and new financial management specialist. The parent project is Social Safety Net Project (P124015)
Investment Description
  • World Bank (WB)
Contact Information
Borrower/Client/Recipient Name: Ministère des Finances (DGCOOP) Contact: Kabore lassane Title: DGCOOP Implementing Agencies Name: MFSNF Contact: ZIZIEN/OUEDRAOGO Faty Title: SG Email: lindaoued@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.