BF - DPO - Growth and Compet. Credit 4

closed

Closed

The program development objectives (PDOs) of the Fourth Growth and Competitiveness Credit (GCC-4) Operation Project for Burkina Faso are to enhance the government's ability to: (a) reduce costs in the agriculture and transport sectors; (b) improve transparency and accountability in public resource mobilization and management; and (c) reduce vulnerability to shocks. This program document presents the fourth and last operation in a programmatic series of GCC designed to support the Government of Burkina Faso initially during the 2012-2014 period, and extended to 2015. The GCC-4 is a single-tranche disbursement of United States (U.S.) 100 million dollars equivalent, 50 percent in the form of an International Development Association (IDA) grant, and 50 percent as an IDA credit provided on standard IDA terms. The GCC-4 is fully consistent with the Bank's twin goals of ending extreme poverty by 2030 and promoting shared prosperity by increasing the incomes of the poorest 40 percent of the population. The reforms supported by the proposed fourth GCC operation aim at creating a dynamic and diversified private sector capable of transforming high growth rates into broad-based improvements in income earning opportunities.

FY17 - Financial Sector,FY17 - Industry, Trade and Services,FY17 - Public Administration,FY17 - Social Protection

World Bank Group

Project

Raw Materials, Government