Development Policy Operation DPO I FY07

closed

The proposed grant for a reengagement and institution-building support program for Cenral African Republic sets the stage for meaningful reengagement of the donor community that is sustainable over time. It will assist the Central African Republic (CAR) in its economic and social recovery underpinned by the Government's Economic and Social Policy Framework (ESPF). This one- tranche operation will support Government-owned reforms that might help stabilize the security situation, strengthen institutions and reduce poverty, through budget financing of basic public services. It will be the first IDA operation in CAR since the country went into arrears in 2002. It is an integral part of the Bank's strategy for reengaging with CAR.