SL Supplemental Financing for the PTSC-I (WB-P165639)

Countries
  • Sierra Leone
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
Nov 30, 2017
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 DEVELOP
The holder of the loan, grant, or other investment.
Sectors
  • Climate and Environment
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 10.00 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)
$ 10.00 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 12, 2018

Disclosed by Bank Oct 31, 2017


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Project Description

The development objective of the First Productivity and Transparency Support Credit Project for Sierra Leone is to estimate the damages and losses related to the landslide and flooding and to make preliminary estimations of the recovery needs. The WBG, with funding from the Global Facility for Disaster Reduction and Recovery (GFDRR), is also supporting the country to strengthen its capacity for disaster management. An on-going project9 supports GoSL to strengthen its policies and programs on Disaster Risk Reduction (DRR) through mainstreaming activities related to the country’s climate resilience and disaster risk mitigation priorities. The project aims to: (i) strengthen institutional capacity and consensus building for DRR, including synchronization of programs towards DRR preparedness and responsiveness; (ii) enhance DRR programs through development of tools (e.g. flood hazard identification; vulnerability analysis) for disaster preparedness that encourage community participation, including affected households; and (iii) build the knowledge base for disaster risk management (DRM).The Productivity and Transparency Support Credit (PTSC) series supports reforms to increase productivity and improve transparency. The aim of the series is to contribute to the Government’s objective of achieving sustainable and inclusive economic development through: (i) increasing productivity in selected economic sectors and (ii) improving transparency and accountability in selected government decision making processes. The program covers six policy areas, namely: agriculture and land, fisheries, energy, education, procurement, and asset disclosure. Financing provided through the operations supports the maintenance of adequate fiscal framework and helps to absorb shocks without impeding the provision of basic public services.

Investment Description
  • World Bank (WB)
Contact Information
Contact: Mamadou Ndione
Title: Senior Economist
Tel: (202) 4582464
Fax: (202) 473 8368
Email: mndione@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.