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Title:
Guinea - Covid-19 Response Support Programme
Detail:
The following proposal and recommendation for the award of loans and grants from the African Development Fund (ADF) and the Transition Support Facility (TSF-Pillar I) to the Republics of Togo, Benin, and Guinea is to finance the COVID-19 Multi-Country Response Support Program (PAR-COVID-19) for a total amount of UA 49.1 million, comprising UA 5.1 million for Benin; UA 24 million for Guinea and UA 20 million for Togo. This is a Crisis Response Budget Support (CRBS) operation as defined in the Operational Guidelines on Programmatic Support Operations -ADF/BD/IF/2014/35. It will be implemented over a 12-month period starting in June 2020. The programme was evaluated in April 2020, following requests from these countries to the Bank. Its design is based on good practice principles for the application of conditionality and the Bank Group's provisions on non-concessionaldebt accumulation policy.
Country:
Guinea
Source:
African Development Bank Group
Published Date:
23.07.2020
URL:
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Regions:
Africa Sub-Saharan Africa Western Africa
Sectors:
Construction
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