Appraisal Program Information Document (PID) (English)

Table of Contents

• The World Bank 1
• The World Bank 2
• BASIC INFORMATION 2
• A. Basic Project Data 2
• Financing US Millions 2
• Maximizing Finance for Development 2
• Is this an MFD-Enabling Project MFD-EP 2
• Is this project Private Capital Enabling PCE 2
• SUMMARY 2
• Total Financing 60.00 2
• DETAILS 2
• Total World Bank Group Financing 60.00 2
• The World Bank 3
• B. Introduction and Context 3
• Liberia faces complex development challenges. 3
• Liberias vulnerability to frequent natural disasters including floods disease outbreaks and health crises has 3
• The World Bank 4
• This development policy financing operation with a Catastrophe Deferred Drawdown Option Cat DDO is the 4
• The proposed operation is aligned with the World Banks Liberia CPF for FY19-24 and the adjustments 4
• C. Proposed Development Objectives 4
• The World Bank 5
• The proposed operation aims to support the Government of Liberas efforts to strengthen fiscal resilience 5
• D. Project Description 5
• The policy areas within the operation are categorized under three pillars. 5
• The four prior actions in pillar two focus on enhancing financial inclusion cybersecurity and the energy sector. 5
• The three prior actions in pillar three focus on improving womens access to justice and climate and disaster 5
• The Ministry of Finance and Development Policy is the implementing agency for reforms in this operation. 5
• F. Poverty and Social Impacts and Environmental Forests and Other Natural Resource Aspects 5
• The World Bank 6
• Overall this operations policy and institutional reforms support poverty reduction. 6
• All policy measures supported by this operation will likely benefit the environment forests natural resources 6
• G. Risks and Mitigation 6
• The operation faces substantial risks particularly in political macroeconomic and institutional areas. 6
• CONTACT POINT 6
• The World Bank 7
• World Bank 7
• BorrowerClientRecipient 7
• Republic of Liberia 7
• Implementing Agencies 7
• Ministry of Finance and Development Planning 7
• FOR MORE INFORMATION CONTACT 7
• APPROVAL 7
• Approved By 7