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Disclosable Restructuring Paper - Senegal River Basin Integrated Water Resources Management Project - P153863 (Inglés)

The development objective of the Senegal River Basin Integrated Water Management Project is to strengthen the capacity of OMVS and local water user associations to improve the environmental and water quality conditions of the Senegal River Basin's water resources. OMVS requested the extension of the closing date of the TF3 to December 31, 2021 to finalize several activities for a total amount of EUR 1.3 million, that got delayed in the final months of the project due to COVID-19 restrictions and local restrictions following unforeseen political events in Mali and Guinea, circumstances beyond the control of OMVS. This includes EUR 0.9 million of goods (EUR 0.65 million of material for erosion control and agroforestry and EUR 0.25 million for heavy machinery for typha management) that will likely be delivered in October 2021, EUR 0.6 million of small finishing works, as well as on-going trainings that will be completed by December 2021. During the latest supervision mission, which took place from September 7 to 14, 2021, it appeared that the estimated undisbursed amount of around EUR 0.3m did not capture these activities, as the corresponding amount of EUR 1.3 million had already been disbursed to the designated account. As a result, under the current closing date, the total potentially undisbursed amount of the grant could increase to around EUR 1.6 million at closing, or 16 percent of the total grant amount.

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