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Guinea-Bissau - Economic Rehabilitation and Recovery Credit Project (English)

The outcome of the Economic Rehabilitation and Recovery Project for Guinea-Bissau was satisfactory with unlikely sustainability and negligible institutional development impact. The Bank performance was satisfactory, while that of the borrower was unsatisfactory. The components concerning peace building and revival of the economy were both satisfactory, while pursuit of reforms was marginally satisfactory and maintenance of macroeconomic stability was marginally unsatisfactory. Implementation was adversely impacted by the security situation and internal political instability, as well as cancellation by donors and adverse external terms of trade shocks. This credit provides a number of lessons learned with regard to tranche design and conditionality in post-conflict countries; implementation of the Domestic Arrears Settlement Program (DASP); and implementation of the demobilization, reinsertion, and reintegration program (DRRP).

Details

  • Document Date

    2004/12/27

  • Document Type

    Implementation Completion and Results Report

  • Report Number

    31015

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Guinea-Bissau,

  • Region

    Africa,

  • Disclosure Date

    2010/07/01

  • Doc Name

    Guinea-Bissau - Economic Rehabilitation and Recovery Credit Project

  • Keywords

    Financial Management and Procurement Unit;financial and private sector development;international organization for migration;external current account deficit;external terms of trade;legal and regulatory framework;share of public spending;sectoral distribution;Tax Policy and Administration;quality at entry;security forces;Rule of Law;cashew nut;macroeconomic framework;peace building;reallocation of resource;institutional development impact;public resource management;Public Expenditure Management;principal performance ratings;energy and water;eligibility for assistance;area of education;emergency recovery loan;Public Sector Enterprises;assessment of damages;primary fiscal deficit;coordination with imf;public sector wage;gross domestic investment;Water and Energy;financially sustainable level;disbursement of fund;Improving Labor Markets;macroeconomic policy framework;general education sector;industry and trade;public procurement reform;ratings of bank;company for airport;trained midwife;treatment of malaria;financial management aspects;Public Procurement System;primary health care;gross primary enrollment;Health Service Delivery;lack of commitment;small scale enterprise;delivery of education;frequent staff changes;budget execution report;Internally Displaced People;international bidding process;effective tax rate;water and electricity;improving budget execution;total tax burden;privatization of state;poverty alleviation effort;adverse weather conditions;Objectives and Outcomes;outputs by components;insufficient institutional capacity;system of subsidy;primary budget deficit;small depositor;fiscal discipline;Public Services;business environment;floating tranche;political instability;domestic arrears;world market;borrower performance;public finance;infrastructure sector;primary expenditure;real gdp;Macroeconomic Stability;tranche release;macroeconomic performance;Job Creation;current expenditure;Tax Reform;project datum;political uncertainty;private investment;counterpart fund;Urban Infrastructure;financial strength;civilian life;eligibility criterion;recovery credit;regular operations;donor assistance;budgetary support;security situation;transition arrangement;structural adjustment;productive activity;Armed Conflict;Wage Bill;satisfactory progress;post conflict;political party;program coordination;budgetary expenditure;military expenditure;external developments;export value;civil society;exogenous factor;political parties;adversely impact;local capacity;Positive Action;participatory design;budgetary process;night flight;continued conflict;export earnings;macroeconomic balance;reference price;political stability;beneficiary enterprise;democratic process;postwar period;institutional weakness;government control;program documents;Tax Code;partial restructuring;emergency budget;budgetary management;social tension;budget outturn;fiscal revenue;donor support;domestic tax;customs reform;consumer price;primary balance;domestic activity;increased investment;sector budget;security spending;bilateral agency;borrower's performance;fiscal target;increased security;broad consensus;common tariff;domestic saving;external expertise;international service;cellular phone;divestiture program;judicial branch;telecommunication sector;macroeconomic instability;multilateral institution;special tax;sales tax;customs administration;economic reform;community participation;annual budget;macroeconomic indicator;physical rehabilitation;civil conflict;recovery activity;multilateral donor;fair elections;Cash flow;housing condition;reform measure;productive system;political tension;paramilitary force;financial constraint;Exchange Rates;project costing;referral service;social indicator;military coup;budgetary control;expenditure overrun;promissory note;food crop;fiscal situation;fiscal management;export volume;budgetary procedure;local ngo;international community;ghost worker;Economic Management;transition phase;inadequate infrastructure;pilot testing

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Citation

Guinea-Bissau - Economic Rehabilitation and Recovery Credit Project (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/863281468752065796/Guinea-Bissau-Economic-Rehabilitation-and-Recovery-Credit-Project