Original disclosure @ WB website
Updated in EWS Sep 8, 2020
Disclosed by Bank Aug 24, 2020
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According to bank documents, the original objective was to provide short-term employment and access to selected basic services to the most vulnerable; and preserve existing implementation capacity of two service delivery programs.
The current objective is to provide short-term employment and access to selected basic services to the most vulnerable; preserve existing implementation capacity of service delivery programs; and provide emergency cash transfers to the poor and vulnerable in response to the food crisis.
The proposed AF5 is financed by a US$23.56 million grant funded by the US DoS through the Yemen Emergency MDTF. The grant will be added to Component 3 and will be allocated to the CT subcomponent. The proposed AF5 is financed by a US$23.56 million grant funded by the US DoS through the Yemen Emergency MDTF. The grant will be added to Component 3 and will be allocated to the CT subcomponent. The additional funds will be used to finance PC9, to be delivered in October 2020. Depending on the evolution of the exchange rate, the additional funds could be used to help finance regular benefits in PC9 and/or to finance a benefit top-up in PC9.
In addition to the proposed grant, the Yemen Emergency MDTF has also included in the funding from DFID in the amount of GBP 7 million equivalent toward AF3 (ECT component). Additionally, DFID provided parallel financing to ECT in the amount of US$19 million to top-up benefits in PC8. The US Department of State has provided parallel financing in the amount of about US$9.6 million for ECT-supporting activities, including delivery system activities, capacity building of local institutions, and staffing and operational costs related to ECT. The ECRP is therefore part
of a coordinated multi donor effort of CTs to Yemen.
Component 3: Emergency Cash Transfer (US$472.196 million equivalent). This component targets the SWF beneficiary households (chronic poor) who have been verified for the ECT program with direct cash assistance to improve their purchasing power for food and basic necessities. The proposed AF5 in the amount of US$23.56 million equivalent will be allocated to this component bringing the total allocation to US$472.19 million. Component 3 includes two subcomponents:
Subcomponent 3.1: Cash Transfers (US$23.088 million equivalent): This subcomponent finances quarterly CTs (average benefit of YR 15,000 per household) to households in the SWF beneficiary list (a target of 1.50 million households) so they can purchase food and other basic necessities. The subcomponent also finances the fees charged by the payment agencies contracted by the project to deliver the CTs.
Subcomponent 3.2: Project management and monitoring (PMM) (US$0.471 million equivalent): This subcomponent finances the management, implementation and monitoring and evaluation of the ECT
component. Specifically, under AF5, this subcomponent will finance: UNICEF’s indirect cost and general management.
United Nations Children's Fund (UNICEF)
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