The World Bank
   Social Safety Net Project ()




                                                                             REPORT NO.: RES38497

                                      DOCUMENT OF THE WORLD BANK




                                          RESTRUCTURING PAPER
                                                   ON A
                                    PROPOSED PROJECT RESTRUCTURING

                                                       OF

                                        SOCIAL SAFETY NET PROJECT
                                       APPROVED ON APRIL 23, 2014
                                                       TO

                                              BURKINA FASO


SOCIAL PROTECTION & JOBS

AFRICA




                            Regional Vice President:    Hafez M. H. Ghanem
                                  Country Director:     Soukeyna Kane
                                  Regional Director:    Amit Dar
                        Practice Manager/Manager:       Jehan Arulpragasam
                                 Task Team Leader:      Rebekka E. Grun
           The World Bank
           Social Safety Net Project ()



I. BASIC DATA

Product Information

Project ID                                                       Financing Instrument
                                                                 Investment Project Financing

Original EA Category                                             Current EA Category
Not Required (C)                                                 Partial Assessment (B)

Approval Date                                                    Current Closing Date
23-Apr-2014                                                      31-Mar-2024




Organizations

Borrower                                                         Responsible Agency
                                                                 Ministry of Women, National Solidarity, the Family and
Burkina Faso
                                                                 Humanitarian Action



Project Development Objective (PDO)
Original PDO
The project development objective (PDO) is to provide income support to poor households and to lay the foundations
for a basic safety net system in Burkina Faso.
Current PDO
The PDO is to increase access of poor and vulnerable households to safety nets and to lay the foundations for an
adaptive safety net system in Burkina Faso.
Summary Status of Financing


                                                                                         Net
Ln/Cr/Tf                   Approval           Signing Effectiveness       Closing Commitment Disbursed Undisbursed

IDA-64340              29-May-2019        19-Jun-2019                 31-Mar-2024           7.00          0          6.96
IDA-D4760              29-May-2019        19-Jun-2019                 31-Mar-2024         93.00           0         91.85
IDA-54290               23-Apr-2014       17-Jun-2014   26-Sep-2014 31-Aug-2020           50.00       36.07          9.07
TF-A3975               07-Dec-2016        27-Jan-2017   04-Apr-2017   30-Sep-2019           6.00       3.78          2.22
           The World Bank
           Social Safety Net Project ()



Policy Waiver(s)

Does this restructuring trigger the need for any policy waiver(s)?
No


I. SUMMARY OF PROJECT STATUS AND PROPOSED CHANGES

 Implementation progress is satisfactory and the project has been able to exceed a number of targets. The PIU is
 currently in the process of expanding to the Sahel region. The project currently reaches 69,755 households, 101,666
 designated recipients and, through them, 553,195 individuals in the North, East, Center-East and Center-West regions.
 Additional financing for the project (which includes a restructuring) of US$ 100m was approved by the Bank's Board of
 Directors on 29 May 2019.

 The Project Implementing Unit has no overdue audit report related to the project

 The proposed restructuring aims solely to change the closing date of TF03975 from September 30, 2019 to December
 31, 2020. This will be the second extension for a cumulative number of 18 months. Adaptive Social Protection Program
 (ASPP) End Disbursement Date is March 31, 2025. DFID requested that activities supported under their initial
 contribution to ASPP in 2014, when they were the only Donor, be completed by March 2020 and the Team agreed
 with their demand. New Closing Date has been set as December 31, 2019 so that activities and disbursement could be
 finalized by March 31, 2020.


II. DETAILED CHANGES


LOAN CLOSING DATE(S)


                                             Original            Revised              Proposed      Proposed Deadline
Ln/Cr/Tf         Status                      Closing           Closing(s)               Closing        for Withdrawal
                                                                                                          Applications
IDA-54290        Effective            31-Aug-2019           31-Aug-2020
IDA-64340        Not Effective        31-Mar-2024
IDA-D4760        Not Effective        31-Mar-2024
TF-A3975         Effective                30-Jun-2018       30-Sep-2019             31-Dec-2019            30-Jan-2020