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Multinational - Covid-19 Support Programme in G5 Sahel Countries (Parc Covid-19 – G5 Sahel)
Management hereby submits the following report and recommendation on a proposal to extend a loan and award a grant to the G5 Sahel countries (Burkina Faso, Mali, Mauritania, Niger and Chad) of UA 118.9 million and UA 89.6 million respectively from the COVID-19 Rapid Response Facility to finance the COVID-19 Crisis Response Programme in the G5 Sahel Countries (PARC COVID-19 – G5 SAHEL). This is a Crisis Response Budget Support operation as defined in the Operational Guidelines on the Programming, Design and Management of Programme-Based Operations – ADF/BD/IF/2014/35. It will be implemented over 12 months from July 2020. The Programme was appraised in April 2020 following requests to the Bank by the countries. Its design took into account good practice principles for the application of conditionality and the Bank Group’s NonConcessional Debt Accumulation Policy.

The International Monetary Fund (IMF) is an organization of 187 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
The IMF works to foster global growth and economic stability. It provides policy advice and financing to members in economic difficulties and also works with developing nations to help them achieve macroeconomic stability and reduce poverty.
Covers healthcare services, public health systems, and activities aimed at promoting physical and mental well-being.
Includes initiatives that support macroeconomic stability, sound fiscal policy, and effective management of public financial resources.