Madagascar Covid-19 Response DPO

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The development objective of Coronavirus (COVID-19) Response Development Policy Financing (DPF) is to assist the government of Madagascar in its response to the Covid-19 crisis by (i) mitigating the impact on lives and livelihoods, and (ii) supporting the sustainable recovery of the country. This program document proposes an emergency Development Policy Financing (DPF) in the amount to the government of Madagascar (GoM) to mitigate the impact of the Coronavirus (COVID-19) crisis and lay the foundations for a sustainable recovery. The stand-alone operation supports the implementation of the government’s Multisectoral Emergency Plan which was approved on July 1, 2020, aims to broaden access to digital payments and affordable electricity for vulnerable population, and seeks to reinforce budget and debt transparency. This DPF has been closely coordinated with the International Monetary Fund (IMF) and other development partners and complements a broader package of emergency support by the World Bank Group (WBG), including activation of Contingent Emergency Response Components (CERCs), restructuring of existing programs, and preparation of new operations to support the health, social, and private sector mitigation measures.