Economics & Development
Reference documents in Economics & Development.
Documents in Economics & Development
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The development objective of Second Integrated Urban Services Emergency Project To restore access to critical urban services and strengthen resilience to shocks in selected cities within the Republic of Yemen. This paper seeks the approval for 21 million equivalent for a Third Additional Financing (AF) for the project. This restructuring requires the following : a 24-month extension of the Project closing date from June 30, 2026 to June 30, 2028 for all associated grants, to enable implementation of new interventions and ensure full completion of ongoing activities, which are delayed; a modification of PDO and intermediate indicator targets to reflect the scale-up of activities; a modification of intermediate results indicator descriptions and targets related to the Results-Based Financing (RBF) activities under Component 2.4, funded by the Global Partnership for Results-Based Approaches (GPRBA); and a partial cancellation of 1.2 million US dollars in GPRBA-funded RBF grants for Sana'a under Sub-Component 2.4, due to the ongoing pause of Project activities in Houthi-controlled areas.