According to bank documents, the phe project objectives are to (i) increase access and usage of financial services and (ii) increase access to economic opportunities for low-income households and micro, small, and medium enterprises (MSMEs), including the informal sector, within target locations in Mozambique.
The project seeks to address structural challenges and market failures that prevent MSMEs, including the informal sector, and low-income households or individuals, from accessing and using financial services and take advantage of economic opportunities. It focuses on addressing supply-side problems that limit the development and reach of innovative financial services in Mozambique, as well as tackling demand-side issues associated with subdued economic opportunities. Addressing these failures jointly allows for a comprehensive approach to promote livelihoods, jobs, and economic transformation while improving the environment for financial solutions. The project is expected to leverage private capital by de-risking lending to underserved groups. The project will work with other bank operations (e.g., macro-fiscal, energy, transport, digital, agriculture, environment, social protection, and poverty -- see Annex VI) as well as IFC investments in financial sector, agribusiness, energy, and housing construction.
Julian Casal, Francisco Moraes Leitao Campos
Senior Financial Sector Economist
Ministry of Economy and Finance
National Treasury Director
ACCESS TO INFORMATION
To submit an information request for project information, you will have to create an account to access the Access to Information request form. You can learn more about this process at: https://www.worldbank.org/en/access-to-information/request-submission
ACCOUNTABILITY MECHANISM OF THE 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 firstname.lastname@example.org. Information on how to file a complaint and a complaint request form are available at: https://www.inspectionpanel.org/how-to-file-complaint