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Emergency Development Policy Operation

Sector: Power Generation (CCGT) • Location: Haiti

Source: World Bank Group

Project
Closed

This program document presents the Emergency Development Policy Grant (DPG) for the Republic of Haiti. This is the fourth DPG supporting the Republic of Haiti, after its successful reengagement with the donor community in 2005. The grant is a single-tranche operation supporting the FY2009-10 budget, with an additional co-financing of US$25 million by the Haiti Reconstruction Fund (HRF), of which t

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The project “Emergency Development Policy Operation” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Haiti. Taiyo aggregates data on it from World Bank Group.

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Description

Description

This program document presents the Emergency Development Policy Grant (DPG) for the Republic of Haiti. This is the fourth DPG supporting the Republic of Haiti, after its successful reengagement with the donor community in 2005. The grant is a single-tranche operation supporting the FY2009-10 budget, with an additional co-financing of US$25 million by the Haiti Reconstruction Fund (HRF), of which the Bank is the partner agency. The operation supports maintaining sound economic governance in the post-earthquake period and strengthening the reforms started before the earthquake. First, the operation supports the implementation of the Government Action Plan for National Recovery and Development of Haiti presented to the international community in March 2010, aimed at rebuilding the country. The Government Action Plan puts emphasis on decentralization presents economic and social reforms as well as the institutional strengthening strategy of the authorities in the aftermath of the earthquake that devastated Haiti on January 12, 2010. Second, it supports the government's program for enhancing transparency and accountability mechanisms, especially in view of the massive pledges made by donors to support the reconstruction process. The Government Action Plan and governance program are in line with the strategy contained in the country's Poverty Reduction Strategy (PRS/DSNCRP) for the period 2008-2010, of which one pillar aims at strengthening state capacity and management of public resources.

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Source reliability

High

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100%

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URL

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More Details

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