Additional Financing - Mali Reconstruction and Economic Recovery Project (WB-P167396)

Countries
  • Mali
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
Proposed
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
Oct 30, 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 Economy and Finance
The holder of the loan, grant, or other investment.
Sectors
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 30.00 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)
$ 32.15 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 Jul 1, 2018


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Project Description

The development objective of the Reconstruction and Economic Recovery Project for Mali is to rehabilitate basic infrastructure and restore productive activities of communities impacted by the crisis in Mali. This paper seeks the approval of the Executive Directors for: (i) an Additional Financing (AF) IDA Grant of USD 30 million to the Reconstruction and Economic Recovery Project (PRRE) which approved by the Board on December 6, 2013; (ii) an extension of the closing date of the PRRE from December 1, 2018 to December 1, 2020 in line with the proposed closing date for the AF; and (iii) an update in the results framework to reflect increased outcomes from the additional activities.

Investment Description
  • World Bank (WB)
Contact Information

Ministry of Economy and Finance
Boubou Cisse
Minister
bcisse@mef.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.