Social Sector Development Project (Supplemental Credit)

closed

Closed

The credit will supplement the ongoing Social Sector Development Project, and support the project development objectives in terms of direct impact on the poor, through employment generation, and sustainable improvements in living conditions. It will also allow meeting the longer-term institutional development objectives, to increase the capacity of the Government, municipalities and community groups, design and implement poverty reduction strategies. This proposed supplemental credit meets the requirements, given: a) the cost overrun is due to exceptional circumstances beyond the borrower's control; b) the loan is being implemented in compliance with covenants; c)it is impossible to reduce the scope of the project to fit the available resources, without significantly impairing the project's economic viability, or capacity to achieve its objectives; d) the Borrower is unable to obtain additional financing for the proposed activities from the other donors involved in the sector; e) the time available is too short to process a further freestanding Bank loan; f) the borrower is committed to the project, and the implementing agencies have demonstrated competence in carrying it out. For these reasons, the supplemental credit will help finance public works and employment creation sub-projects, as well as capacity building, and monitoring and evaluation.

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

World Bank Group

Project

Commercial, Government, Telecommunications