| Financier | Commitments |
|---|---|
| FRANCE: French Agency for Development | 9.50 |
| IDA Credit | 25.00 |
| IDA Grant | 5.00 |
Additional Financing for the Recovery of Economic Activity for Liberian Informal Sector Employment Project
Abstract*
Poverty remains widespread in Liberia, and is now on the rise. With a gross national income per capita of just US$600 in 2018, Liberia is among the ten poorest countries in the world. According to the 2016 household survey data, more than half of the population (50.9 percent) was living in poverty. Poverty was more than twice as high in rural areas (71.6 percent) as in urban areas (31.5 percent). The national headcount poverty rate increased to an... Show More
Development Objective
To increase access to income-earning opportunities for the vulnerable in the informal sector in response to crises, expand income and livelihood support to poor and food insecure households, and improve efficiency in managing social protection programs in Liberia.
Key Details
Project Details
P179035
Active
Mack Mulbah , Steisianasari Mileiva
Republic of Liberia
December 5, 2022
(as of board presentation)
December 22, 2022
N/A
US$ 30.50 million
Ministry of Gender, Children and Social Protection,Liberia Agency for Community Empowerment,Ministry of Youth and Sports
2023
US$ 39.50 million
N/A
Not Applicable
December 31, 2026
Yes
BANK APPROVED
January 17, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 30.00 |
| IBRD + IDA Commitment | 30.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | 9.50 |
| Total Project Cost** | 30.50 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
Detailed Financial Activity as of April 30, 2025
No data available.
Results Framework
No data available.