Disclosable Restructuring Paper - Ethiopia Economic Opportunities Program - P163829 (English)

Table of Contents

• Report No RES00518 1
• INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT ANDOR 1
• INTERNATIONAL DEVELOPMENT ASSOCIATION 1
• RESTRUCTURING PAPER 1
• ON A 1
• PROPOSED PROGRAM RESTRUCTURING 1
• Ethiopia Economic Opportunities Program 1
• APPROVED ON 26-JUN-2018 1
• Finance Competitiveness and Innovation Eastern And Southern Africa 1
• The World Bank 2
• CURRENCY EQUIVALENTS 2
• Exchange Rate Effective Oct 24 2024 2
• Currency Unit Ethiopian Birr ETB 2
• ETB 121.69 US1 2
• US 1.33 SDR 1 2
• FISCAL YEAR July 8 July 7 2
• The World Bank 3
• ABBREVIATIONS AND ACRONYMS 3
• The World Bank 4
• BASIC DATA 4
• Product Information 4
• ACCOUNTABILITY 4
• RegionCountry 4
• Implementing Unit 4
• The World Bank 5
• OPERATION STATUS 5
• Development Objective DO 5
• Disbursement Summary in USD million 5
• Policy Waivers 5
• The World Bank 6
• I. PROJECT STATUS AND RATIONALE FOR RESTRUCTURING 6
• II. DESCRIPTION OF PROPOSED CHANGES 6
• III. PROPOSED CHANGES 6
• IV. DETAILED CHANGES 6
• ANNEX 1 RESULTS 6
• ANNEX 2 PROGRAM ACTION PLAN 6
• The World Bank 7
• I. PROJECT STATUS AND RATIONALE FOR RESTRUCTURING 7
• Background 7
• EOP has disbursed 134.76 of its 239.11m in financing commitments. 7
• This is the fourth restructuring of EOP. 7
• The cancellation of FCDO funding has substantially impacted the EOPs budget. 7
• The program has made significant progress in the implementation of the DLRs and the technical assistance. 7
• The World Bank 8
• The rationale for this restructuring is to extend the closing date of TF C1543 to align with the Program closing date of December 31 2024. 8
• II. DESCRIPTION OF PROPOSED CHANGES 8
• III. PROPOSED CHANGES 8
• Operation Information Proposed Changes Operation Information Proposed Changes 8
• The World Bank 9
• IV. DETAILED CHANGES 9
• COSTS FINANCING 9
• Is this an MFD-Enabling Project MFD-EP 9
• Is this project Private Capital Enabling PCE 9
• LOANS 9
• Loan Closing 9
• LoanCreditTrust Fund Status 9
• Original Closing 9
• Revised Closings 9
• Proposed Closing 9
• Proposed Deadline for Withdrawal Applications 9
• LEGAL 9
• Environmental Assessment EA Category 9
• Safeguard Policies Triggered 9
• Triggered 9
• Policies Current 9
• Explanation required if rating changes 9
• The World Bank 10
• The World Bank 11
• The World Bank 12
• The World Bank 13
• The World Bank 14
• The World Bank 15
• The World Bank 16
• The World Bank 17
• The World Bank 18
• The World Bank 19
• The World Bank 20
• The World Bank 21
• Delete this note when finalizing the document. 21
• The World Bank 22
• ANNEX 2 PROGRAM ACTION PLAN 22
• Action Description Source DLI Responsibility Timing 22
• Completion Measurement Action 22
• Delete this note when finalizing the document. 22
• The World Bank 23
• The World Bank 24
• The World Bank 25
• The World Bank 26
• Proposed 26
• Action Description Source DLI Responsibility Timing Completion Measurement 26