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

Countries
  • Burkina Faso
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 29, 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 Burkina Faso
The holder of the loan, grant, or other investment.
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, converted to USD$. 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, converted to USD$. Please see updated project documentation 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

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
  • World Bank (WB)
Contact Information

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.