Liberia Fourth Poverty Reduction Support Development Policy Operation (WB-P162111)

Countries
  • Liberia
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
Jan 11, 2018
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 AND ECONOMIC PLANNIN
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Energy
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, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 24.67 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 27, 2019

Disclosed by Bank Jul 31, 2017


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

Project Description

The aim of Liberia Rising 2030 is to transform Liberia into a more prosperous and inclusive society and to achie ve middle income country status by 2030. Liberia’s primary development challenges relate to sustaining the peace, achieving economic transformation, human development and improving governance and public institutions.

Specifically, the objectives of the PRSDPO-IV are to:

(i) strengthen governance with particular emphasis on transparency and accountability as well as budget execution and oversight;
(ii) address key constraints to growth, including electricity; and
(iii) improve human capital development parti cularly through improved access to education and health. The objectives of the proposed operation remain relevant in the wake of the Ebola and commodity price crises and in fact proposed reforms are intended to build resilience to such shocks in the future.

Investment Description
  • World Bank (WB)
Contact Information

Contact: Alvin Attah
Title: Deputy Minister for Economic Management
Tel: + 231088699222

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.