Togo Second Fiscal Management & Infrastructure Reform DPO (WB-P166739)

Countries
  • Togo
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
Dec 10, 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 Togo
The holder of the loan, grant, or other investment.
Sectors
  • Finance
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 40.00 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)
$ 40.00 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 Jan 3, 2019

Disclosed by Bank Oct 8, 2018


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Project Description

The grant in the amount of SDR 28.7 (US dollar 40 million equivalent) Development Policy Financing (DPF) is the second in a programmatic series of two operations. The series seeks to support the Government of Togo in: (i) mobilizing tax revenues and enhancing the efficiency of tax collection, public investment spending, and debt management; and (ii) strengthening financial viability and service delivery in the energy and ICT sectors. The DPF series rests on two pillars. The first pillar supports the government’s effort to improve fiscal management through enhancing tax revenue mobilization and collection efficiency. It also seeks to strengthen public investment and debt management. The second pillar supports measures to improve financial viability and service delivery in the energy and ICT sectors.

Investment Description
  • World Bank (WB)
Contact Information

No contact information provided at the time of disclosure

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.