Guinea First Fiscal Management, Competitiveness, and Energy Reform DPF

closed

The developmeny objectives and pillars of Power Distribution Development Program for Results Project for Guinea are: (i) strengthening fiscal management; (ii) enhancing the institutional and regulatory framework to promote competitiveness; and (iii) improving the financial performance of the energy sector. The operation is the first in a programmatic series of two single-tranche development policy financing (DPFs) designed to support the implementation of Guinea’s plan for economic and social development (PNDES). The series envisages different credit amounts depending on the depth of the government’s reforms and financing needs. The policy and institutional reform program of the DPF series will support key aspects of the country’s national development plan (PNDES).