Central African Republic – Covid-19 Crisis Response Budget Support Programme (PABRC) – Appraisal Report

Management hereby submits to the Boards of Directors the following report and recommendation on a proposal to award a grant of UA 4.5 million from ADF-15 resources and a grant of UA 6 million from TSF Pillar I resources to the Central African Republic (CAR) to finance the COVID-19 Crisis Response Budget Support Programme (PABRC-RCA). This programme will be financed from ADF resources allocated to the COVID-19 Rapid Response Facility (CRF). It was appraised in April 2020 following a request by the Government to the Bank in March 2020. It is a budget support operation whose resources will be disbursed in a single tranche for each instrument. It was designed in compliance with the Operational Guidelines for Crisis Response Budget Support (CRBS) operations and the COVID-19 Rapid Response Facility (CRF), approved by the Bank in April 2020. The measures retained under PABRC-RCA will be implemented over the 2020-2021 period.

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