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Central African Republic Project Notice - Consolidation And Social Inclusion Development Program: Supplemental Financing


Project Notice

PNR 41126
Project Name Consolidation and Social Inclusion Development Program: Supplemental Financing
Project Detail Proposed Development Objective(s) The Program Development Objective of the parent operation is to support the consolidation of basic fiscal management and social inclusion Key Results The expected results are: • A reduction in use of exceptional spending procedures • An increase in the number of published annual debt reports • An increase in the actual presence rate of civil servants and agents of the State • An increase in revenue from international trade • An increase in the number of internal audit reports of the Roads Maintenance Fund • An increase in the number of published financial audits of State-owned Enterprises (SOEs) and parastatals • An increase in the number of social protection beneficiaries in the harmonized social protection data base • An increase in the number of health facilities offering free health care for pregnant women, breastfeeding women, children under five years and gender-based violence (GBV) victims • An increase in the share of education inspectorates recruiting teachers for initial training D. Project Description The proposed Supplemental financing to CSIDP 1 will provide urgently needed support to the Government of CAR to mitigate the negative effects of the COVID-19 outbreak. The WBG’s response to the economic implications of the COVID19 crisis emphasizes the role of Development Policy Financing (DPF) in mitigating the adverse development impacts of macroeconomic shocks and adjustment and helping the poorest countries protect essential expenditures for the provision of basic social services, at a time when these countries are facing large unanticipated financing needs. This operation will ensure that the reforms supported under CSIDP 1 remain on track and are implemented without the risk of delays due to competing capacity or budgetary priorities arising from crisis-related spending. The request for supplemental financing is consistent with the World Bank DPF policy. CSIDP 1 supports the consolidation of fiscal management and social inclusion. The operation was structured around two pillars supporting measures aligned with the Government’s economic recovery, poverty reduction, and structural reform priorities as set forth in the National Recovery and Peace Building Plan (RCPCA) for 2017-2023. Under Pillar 1— Consolidating basic fiscal management—the CSIDP series seeks to reduce the use of exceptional spending procedures, improve the transparency of PFM, increase fiscal revenue, improve the deployment of civil servants and strengthen governance of SOEs and parastatals. Under Pillar 2—Supporting an inclusive economic recovery—the operation seeks to support a pro-poor, post-transition reform agenda that would contribute to foster human capital formation and social inclusion by improving social protection, health and education services. All of CSIDP 1’s nine prior actions were achieved and have paved the way for the reforms to be pursued by the future second operation in the series
Funded By World Bank
Sector Oil & Gas
Country Central African Republic , Central Africa
Project Value CFA 25,000,000

Contact Information

Company Name Ministry of Finance and Budget
Address Team Leader Elena Georgieva Georgieva-Andonovska, Wilfried Anicet Kouakou Kouame
Web Site https://projects.worldbank.org/en/projects-operations/project-detail/P173900

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