Haiti Fiscal and Social Resilience Development Policy Financing (WB-P162452)

Countries
  • Haiti
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
Approved
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
Sep 20, 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
Government of Haiti
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
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)
$ 20.00 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 Oct 6, 2018

Disclosed by Bank Aug 28, 2018


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Project Description

According to the bank, the development objective of Fiscal and Social Resilience Development Policy Financing Project for Haiti is designed around two strategic pillars: (1) strengthen fiscal management; and (2) enhance the efficiency of social spending. This operation is part of an international effort to help stabilize the macro-fiscal situation and preserve social stability following the social unrest resulting from the failed fuel price reform. The operation will support the government’s efforts to increase revenue mobilization and enhance its capacity to protect poor and vulnerable households. The design of the operation is informed by experience gleaned from previous development policy operations in Haiti, particularly the Economic Reconstruction and Growth Development Policy Grant (ERGDPG). The operation is directly linked to objectives set forth in the Haiti Country Partnership Framework (CPF)

Investment Description
  • World Bank (WB)
Contact Information

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.