Additional Financing to Haiti Statistical Capacity Building Project (WB-P164093)

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
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
May 31, 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.
Sectors
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 15.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 15.00 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)
$ 15.00 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 Jul 11, 2018

Disclosed by Bank May 9, 2018


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Project Description

According to the World Bank, the objective of this project is to provide additional funding to the Haiti Statistical Capacity Building project. It will expand the project’s scope to finance activities aimed at strengthening Haiti’s capacity to generate and use accurate budgetary and financial data and improve the quality of public spending. In addition, the project will be restructured to reflect the changes introduced by the new activities.

The proposed additional financing builds on the International Development Assocation's, part of the World Bank Group, efforts to generate data critical for evidence-based policy making and to enhance expenditure management practices for improved governance and transparency. The public administration’s capacity to produce, disseminate, and use more accurate, complete, and timely budget and financial information and improve public resource management will be strengthened.

The proposed activities will build on recent progress in consolidating fragmented fiscal data and making this data public through the BOOST initiative and portal. The new activities include the implementation of a modern Integrated Financial Management Information System (IFMIS), starting with its core modules (for budget preparation and budget execution, including a general ledger, accounts payable and receivable, and cash management) and the strengthening of the capacity of internal and external control institutions

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.