Burkina Faso: Emergency Recurrent Cost Financing Project (WB-P169486)

Countries
  • Burkina Faso
Geographic location 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Nov 29, 2018
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Burkina Faso
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Dec 9, 2018

Disclosed by Bank Nov 28, 2018


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The development objective of the Emergency Recurrent Cost Financing Project for Burkina Faso is to support the government in enhancing food security readiness and delivery of core services in health and education in the crises affected regions. The project comprises of four components. The first component, payment of recurrent costs will provide support to the government to pay operating costs and civil service salaries (excluding the security forces and police) related to addressing the crises in the regions of North, Sahel, Centre, and East. It consists of following sub-components: (i) paying recurrent costs in the education sector; and (ii) paying recurrent costs in the health sector. The second component, support the replenishment of the national food security stock will provide support to replenish the National Food Security Stock Management Company (SONAGESS) for the national food-stock that was depleted by the crises in targeted regions and will also help reconstitute parts of the food stockage materials in affected regions, including silos. The third component, targeted technical assistance for enhanced deployment of state resources will provide technical assistance to contribute to better deployment of public resources across the national territory, and for addressing current crises that has put Burkina Faso’s stability at risk. The fourth component, project management will finance the operating costs, including salaries, consultant fees, audits, and other operating costs required for the implementation of the operation.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Ministry of Economy, Finance and Development
Adama Rouamba
Coordinator
rouambaadama@yahoo.fr

Nazaire Thiombiano
Director of Cooperation
thiombiano@gmail.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.

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