The World Bank
    DRC - Agriculture Rehabilitation and Recovery Support (P092724)




                                                                                     REPORT NO.: RES45109

                                     DOCUMENT OF THE WORLD BANK




                                         RESTRUCTURING PAPER
                                                  ON A
                                   PROPOSED PROJECT RESTRUCTURING

                                                      OF

                      DRC - AGRICULTURE REHABILITATION AND RECOVERY SUPPORT
                                     APPROVED ON MARCH 30, 2010
                                                      TO

     DRC MINISTRY OF FINANCE,DEMOCRATIC REPUBLIC OF CONGO,DEMOCRATIC REPUBLIC OF CONGO


AGRICULTURE AND FOOD

AFRICA EAST




                           Regional Vice President:    Hafez M. H. Ghanem
                                 Country Director:     Jean-Christophe Carret
                                 Regional Director:    Ede Jorge Ijjasz-Vasquez
                       Practice Manager/Manager:       Shobha Shetty
                              Task Team Leader(s):     Joanne Catherine Gaskell, Nora Kaoues
           The World Bank
           DRC - Agriculture Rehabilitation and Recovery Support (P092724)



I. BASIC DATA

Product Information

Project ID                                                    Financing Instrument
P092724                                                       Investment Project Financing

Original EA Category                                          Current EA Category
Partial Assessment (B)                                        Partial Assessment (B)

Approval Date                                                 Current Closing Date
30-Mar-2010                                                   31-Dec-2020




Organizations

Borrower                                                      Responsible Agency
DRC Ministry of Finance,Democratic Republic of
                                                              UNOPS,PARRSA PIU
Congo,Democratic Republic of Congo




Project Development Objective (PDO)
Original PDO
The project development objective (PDO) is to increase agricultural productivity and improve marketing of crops, and
animal products by smallholder farmers in targeted areas.
Current PDO
To increase agricultural productivity and improve marketing of crops and animal products crops and animal products in
targeted areas of the Recipient s territory.
Summary Status of Financing (US$, Millions)


                                                                                      Net
Ln/Cr/Tf                  Approval        Signing Effectiveness        Closing Commitment Disbursed Undisbursed

IDA-59800             22-Mar-2017    19-Apr-2017   16-Feb-2018 31-Dec-2020              75.00     61.22          16.93
IDA-V0680              24-Feb-2017 03-Mar-2017 03-Mar-2017        30-Apr-2018                0         0               0
IDA-H5550             30-Mar-2010 20-May-2010 31-Dec-2010 30-Nov-2017                  119.88    114.89                0
           The World Bank
           DRC - Agriculture Rehabilitation and Recovery Support (P092724)



Policy Waiver(s)

Does this restructuring trigger the need for any policy waiver(s)?
Yes
Explanation
Final audit reports are expected in December 24th, 2020 . The 2019 draft audit report on opinion is qualified and
refers to approximately $500k of undocumented expenditures. The draft of management letter includes reference to
several unresolved issues from the 2018 Management Letter. The Bank team is working closely with the client for the
submission of final reports.
Has the waiver(s) been endorsed or approved by Bank Management?
Yes
Explanation
A waiver was endorsed by Omowunmi Ladipo, Practice Manager, Governance and by Junxue Chu, Manager, Client
Services Trust Fund and Loan Operations on December 22nd, 2020.




I. SUMMARY OF PROJECT STATUS AND PROPOSED CHANGES

 The project infrastructure works lead by UNOPS have experienced significant delays with several metallic bridges left
 incomplete, 2 weeks before project closing. The project extension will allow UNOPs to complete bridges and other
 infrastructure works for which contracts have been signed and materials are on-site.


II. DETAILED CHANGES


LOAN CLOSING DATE(S)


                                         Original                Revised              Proposed       Proposed Deadline
Ln/Cr/Tf         Status                  Closing               Closing(s)               Closing         for Withdrawal
                                                                                                           Applications
IDA-59800        Effective          16-Mar-2020             31-Dec-2020             18-Jun-2021             18-Oct-2021
                                                    31-Jan-2017, 30-Nov-
IDA-H5550        Closed             15-Dec-2015
                                                      2017, 06-Feb-2020
                                                    31-Jan-2018, 30-Apr-
IDA-V0680        Closed              31-Jul-2017
                                                       2018, 28-Jun-2018