The Government of the Republic of Guinea establishes the National Post-Ebola Recovery and Resilience Fund

21 Oct 2016
The Government of the Republic of Guinea establishes the National Post-Ebola Recovery and Resilience Fund

On 5 October, at a side event of the World Bank Annual meetings, the Government of Guinea and the MPTF Office established the National Post-Ebola Recovery and Resilience Fund (FNRPE). Ahead of the upcoming resource mobilization efforts, the Government of the Republic of Guinea sent a strong signal of commitment to all partners by announcing a US$5 million pledge from its own resources (see Government of Guinea press release).

A Memorandum of Agreement was signed by Ms.  Malado Kaba, Minister of Economy and Finance and Ms. Jennifer Topping, Executive Coordinator of the MPTF Office during a short ceremony attended by the Minister of Planning and International Cooperation, the Minister of Budget, two Minister advisers of the President, the Governor of the Central Bank, the Ambassador of Guinea in Washington, the Executive Director representing Guinea at the World Bank Board of Executive Directors and the Special Adviser of the Prime Minister.

 

The FNRPE will support the implementation of a US$550 million plan organized around five pillars: (1) economic recovery, women’s entrepreneurship and youth employment; (2) social protection and support to vulnerable groups; (3) water, hygiene and sanitation; (4) governance and social cohesion and (5) health, risk reduction and contingency. The FNRPE will be managed in accordance with the principles of the Paris Declaration and the New Deal. The Steering Committee will be chaired by the Minister of Economy and Finance and participation of representatives of the United Nations and other development partners will ensure that all decisions are taken in a true spirit of partnership and transparency.

Member States, regional organizations, inter-governmental organizations, foundations, companies and individuals can contribute to the Fund by signing a Standard Administrative Arrangement with the MPTF Office.

For additional information, please contact Philippe Grandet (philippe.grandet@undp.org)

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