South Africa Covid-19 Response Development Policy Operation

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The development objectives of the South Africa COVID-19 Response Development Policy Operation in South Africa protect the poor and vulnerable from the adverse socio-economic impacts of the COVID-19 pandemic, and to pave the way for a resilient sustainable recovery. This first Development Policy Operation for South Africa sets the stage for a deeper reform engagement with the WBG. The operation seeks to provide South Africa with relief from its most serious economic crisis in 90 years and assists in restructuring its economy while preparing the country for a resilient recovery. Its design and the selection of prior actions recognize this opportunity by balancing ambition with feasibility. It mirrors the components of the Government’s ERRP and the three stages of the World Bank’s COVID-19 Crisis Response Approach Paper. The operation consists of two pillars with a total of eight prior actions. The first pillar consists of measures to protect the poor and modernize social welfare. The three types of measures are: (i) measures to protect people’s lives and curb the spread of the virus; (ii) measures to protect the poorest and most vulnerable; and (iii) measures to protect jobs and businesses from the short-term economic impacts of the crisis. The second pillar focuses on accelerating a resilient and sustainable recovery.

World Bank Group

Project

Forest Products and Packaging, Government