Productive Inclusion Project (WB-P163962)

Countries
  • Congo, Democratic Republic of
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
B
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
Jun 28, 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
Social Fund of the Democratic Republic of Congo, Ministry of Social Affairs
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)
$ 200.00 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)
$ 200.00 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 Feb 14, 2019

Disclosed by Bank Nov 1, 2017


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Project Description

The objective of the Productive Inclusion Project for Congo, Democratic Republic of is to establish the core building blocks of a safety net system and improve the access of poor households to productive safety nets interventions. There are four components to the project, the first component being Institutional capacity and systems building. These documents articulate the government’s vision to expand the coverage of effective social protection programs to the poorest and most vulnerable by 2030. This entails establishing SP systems, scaling up the coverage of SP programs and improving their quality, as well as building the institutional framework, developing coordination mechanisms and strengthening capacities in SP. support to this agenda will be provided through financing the following three subcomponents: support for the social protection system, institutional capacity building and learning, and project management. The second component is the community-based CFW program. This component will draw on the extensive experience of World Bank-funded projects with CFW in the Democratic Republic of Congo, particularly through the STEP. It will provide CFW opportunities to poor households with the aim to increase their income, support them in developing sustainable productive activities, and rehabilitate socioeconomic infrastructures for the community at large. The third component is the cash transfers. This component will support the implementation of a prototype unconditional cash transfer program. More specifically, the component will finance: the wage transfers for the beneficiaries; administrative costs of the service providers; costs associated with registering, targeting, and paying the beneficiaries; and communication and sensitization campaigns related to the cash transfers. Finally, the fourth component is the livelihood and human development support.

Investment Description
  • World Bank (WB)
Contact Information

Democratic Republic of Congo

h.yav@minfindrc.com

Minister of Finance

h.yav@minfindrc.com

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.