Haiti Rural Accessibility and Resilience Project: Additional Financing (Report No. PAD3686)
Summary: World Bank project paper seeking US$33 million in additional financing for rural road accessibility and resilience, prepared as COVID-19 hit.
Key Findings
- Seeks US$33 million in additional financing rather than appraising a new operation.
- The Government's stated target is 4,000 km of roads for intercity and rural connectivity.
- Records the early COVID-19 shock: remittances projected to fall about 18 percent and food insecurity to rise from 3.7 to 4.1 million people.
- Hurricane Matthew's damages and losses in 2016 were around 32 percent of GDP.
Full Description
World Bank project paper seeking Board approval for additional financing of US$33 million for the Haiti Rural Accessibility and Resilience Project. It records the Government's road investment priorities, including a target of 4,000 km of roads for intercity and rural connectivity, and was prepared as the COVID-19 shock hit remittances, tourism and food security. The document is therefore useful both as a transport operation record and as a contemporaneous account of the early pandemic's economic effect.
How to cite
World Bank, 2020, Haiti Rural Accessibility and Resilience Project: Additional Financing (Report No. PAD3686), accessed via HaitiDocs, https://www.haitidocs.org/doc/wb-2020-rural-accessibility-resilience-af