Digital CASA - Kyrgyz Republic Additional Financing (WB-P181416)

Countries
  • Kyrgyzstan
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
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
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
Jan 12, 2024
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 Kyrgyzstan - Ministry of Digital Development
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Communications
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 7.00 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)
$ 7.00 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.
Bank Documents
Other Related Projects
Primary Source

Original disclosure @ WB website

Updated in EWS Mar 14, 2024

Disclosed by Bank Nov 9, 2023

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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.

According to the Bank’s website, the proposed regional parent program PDO is to increase access to more affordable internet, crowd-in private investment in the ICT sector, and improve participating governments' capacity to deliver digital government services in Central Asia and parts of South Asia, through the development of a regionally integrated digital infrastructure and enabling environment. Digital CASA - Kyrgyz Rep. PDO: The proposed country-specific PDO for the Kyrgyz Republic is to increase access to more affordable internet, crowd-in private investment in the ICT sector, and improve the government’s capacity to deliver digital government services in the Kyrgyz Republic, by contributing to the development of a regionally integrated digital infrastructure and enabling environment.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

Current Environmental Assessment Category: Partial Assessment (B)

Since this restructuring does not involve any new activities or additional locations, the risk profile of the Project has not changed. In light of the recent recruitment of the PIU’s specialist for managing safeguards, and initial outputs from work undertaken to comply with the Environmental and Social Management Framework (ESMF) for the installation of fiber optic cables, the Project impacts are in line with the anticipated risks and impacts and can be properly managed by the ESMF stipulations. The current Project performance is rated Moderately Satisfactory (MS) based on the foregoing.

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

The parent project’s current financing amount is US$46.1 million equivalent, which is a US$3.9 million decrease from the parent project’s original financing at approval of US$50 million equivalent due to US$/SDR exchange rate fluctuations. US$31 million equivalent of the Credit/Grant proceeds have been committed to this day, of which US$9.9 million has been disbursed against the IDA Grant. The remaining uncommitted financing available therefore amounts to US$15 million equivalent. After earmarking US$3 million to cover project management and the remaining small contracts under the parent Project, only US$12 million is left to finance Component 2: G-Cloud Infrastructure. This amount falls US$7 million short of the revised cost estimate (US19 million) of the G-Cloud contract.

The US$7 million Additional Financing (AF) responds to the Government of the Kyrgyz Republic request in 2023 in connection with the (i) US$4 million reduction of the original amount of committed IDA Credit/Grant financing from US$50 million to US$46 million, due to unfavorable US$/Special Drawing Rights (SDR) exchange rate fluctuations, and (ii) the need for an increased capacity in the amount of US$3 million of the G-Cloud infrastructure.


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.

World Bank

Sandra Sargent
Senior Digital Development Specialist

Borrower/Client/Recipient

Kyrgyz Republic
Almaz Baketaev
Minister of Finance
minfin@minfin.kg

Implementing Agencies

Ministry of Digital Development
Talantbek Imanov
Minister of Digital Development
info@digital.gov.kg

ACCESS TO INFORMATION

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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 ipanel@worldbank.org. Information on how to file a complaint and a complaint request form are available at: https://www.inspectionpanel.org/how-to-file-complaint

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