96583
           Central African Republic: Emergency Public Services Response Project
                                   Additional Financing

                                           Chair Summary*

                                            May 19, 2015


Executive Directors approved an additional grant in the amount of SDR 7.3 million (US$10
million equivalent) to the Central African Republic for the Emergency Public Services Response
Project (IDA/R2015-0103) Additional Financing on the terms and conditions set out in the
President’s Memorandum.

Directors acknowledged the challenging security context and critical political transition period
currently facing the country. And in that light, they agreed that the original project and this
additional financing are key pillars to help support CAR’s recovery over the next two years and
the successful completion of the transition. Directors took note of the project’s achievements to
date in restoring the provision of basic public services through the payment of civil service
salaries and technical assistance to the Ministry of Finance. They also strongly supported the
aims of the next phase to reestablish an operational government payroll and related financial
management systems.

Directors noted that this is a high risk operation, and urged staff to be vigilant in ensuring that
timely and effective mitigating measures will be taken if and when necessary. They highlighted
that achieving the project’s development objective would be contingent on continued progress in
restoring security and economic growth, as well as continued support from the donor
community. Looking ahead, they underscored the importance of working with the government
and development partners toward a sustainable functioning public administration.




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∗This summary is not an approved record.