PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

603600

Primary Business Area

Other

Disclosure Date

Nov 5, 2019

Country

Country Name Pending

Region

Africa

IFC Approval Date

Jan 30, 2019

Status

Completed

Estimated Total Budget

$3,875,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 27, 2024

Project Estimated Start Date

Dec 31, 2018

Project Estimated End Date

Dec 31, 2022

Project Description

The Investment Climate Reform Project-2 (ICRP2) is an advisory project which aims to eliminate barriers to private sector-led growth in a fragile environment by improving the regulatory environment through introduction of new regulations to address regulatory gaps, streamlining of regulations as well as improving trade facilitation through enhanced transparency. Regulatory reforms are expected to reduce high barriers that are external to firms, especially challenges in starting and operating a business and in undertaking export and import trade. In order to enhance sustainability of reforms, the project will also support the government in making policies, which are more coherent, transparent, and inclusive through the PPD platform. As policymakers look to address regulatory inadequacies in response to reform priorities identified jointly by the public and the private sector, a strong demand has emerged for IFC and World Bank Group support on broader business environment reform.

Development Results

E&S Risks / Impacts and Mitigation