Chad First Programmatic Economic Recovery and Resilience Grant (WB-P163424)

Countries
  • Chad
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
Sep 12, 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 BUDGET
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)
$ 65.00 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)
$ 65.00 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 10, 2018

Disclosed by Bank Jun 21, 2017


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Project Description

The development objectives of First Economic Recovery and Resilience Development Policy Operation Project for Chad and pillars are to (1) enhance fiscal risk management; (2) improve oil revenue transparency and management; (3) promote resilience and economic diversification in key real sectors; and (4) increase social protection for the poor and vulnerable. The series has been designed to leverage and complement ongoing and planned World Bank projects and Technical Assistance (TA) activities across the four pillars, in the areas of resources mobilization and State-owned Enterprise (SOE) management, agriculture, and social protection This programmatic series will also help catalyze private investment through improving the investment climate and creating opportunities in key sectors of the economy. With the support of this operation, the government intends to promote the transparency and effectiveness of its fiscal policy through the establishment of a functional oil revenue management mechanism.

Investment Description
  • World Bank (WB)
Contact Information
Contact: Markus Kitzmuller
Title: Senior Economist
Tel: (202) 473-1969
Email: mkitzmuller@worldbank.org

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.