World Bank Statement on DRC Program

The Government of the Democratic Republic of Congo (DRC) has dissolved the Social Fund of the Democratic Republic of Congo, which is the legal entity responsible for the implementation of three World Bank financed projects – DRC Gender Based Violence Prevention and Response Project; DRC Eastern Recovery Project; and Stabilization and Recovery in Eastern DRC (for one component) – and created a new entity with the same designation. The World Bank and DRC authorities are currently working to identify transition arrangements for the implementation of these three projects, with a view to minimize disruptions in project activities and any negative impacts on project beneficiaries. As agreed with the authorities, disbursements for the three projects are paused while transition arrangements are identified.