Project profile — Middle East and North Africa Transition Fund



Overview 

CA-3-Z021045001
$20,000,000
IBRD Trust Funds - World Bank (44001)
2012-10-15 - 2021-03-31
Operational
Global Affairs Canada
EGM Europe, Arctic, Middle East and Magh

Country / region 

• North of Sahara, regional (67.00%)
• Middle East, regional (33.00%)

Sector 

• Other Social Infrastructure And Services: Employment policy and administrative management (16020) (33.00%)
• Transport And Storage: Transport policy and administrative management (21010) (34.00%)
• Trade Policy And Regulations And Trade-Related Adjustment: Trade policy and administrative management (33110) (33.00%)

Policy marker 

• Gender equality (not targeted)
• Environmental sustainability (cross-cutting) (not targeted)
• Participatory development and good governance (significant objective)
• Trade development (significant objective)
• Biodiversity (not targeted)
• Climate change mitigation (not targeted)
• Climate Change Adaptation (not targeted)
• Urban issues (not targeted)
• Desertification (not targeted)
• Children's issues (not targeted)
• Youth Issues (significant objective)
• Indigenous Issues (not targeted)
• Disability (not targeted)
• ICT as a tool for development (not targeted)

Description 

The purpose of the Middle East and North Africa Transition Fund is to help countries in the Middle East and North Africa strengthen their governance, social, and economic institutions, and plan and implement locally-led reforms. Created in April 2012 and managed by the World Bank, the Fund supports projects that provide technical training and expertise to local stakeholders and promote knowledge exchanges between international financial institutions, countries in the Middle East and North Africa and donors. The Fund aims to provide grants to public and private institutions in five countries in the region (Egypt, Jordan, Libya, Morocco and Tunisia) for projects in the following areas: (a) investments in sustainable growth; (b) inclusive development and job creation; (c) enhanced economic governance; and (d) trade competitiveness and integration. The Fund is an initiative of the Deauville Partnership with Arab Countries in Transition. The Deauville Partnership is a long-term, global partnership that was established in 2011 to respond to the historic changes in some of the countries in the Middle East and North Africa region. It aims to help these countries by supporting their transition to democracy, strengthening governance, fostering economic and social inclusion, creating jobs, supporting private sector-led growth, and advancing regional and global integration.

Expected results 

The expected intermediate results for this project include: strengthened investment climate of regions and countries in MENA in a sustainable way; improved human resource management and development commensurate to the sustainable economic growth potential of transition countries; and strengthened international competitiveness and integration.

Results achieved 

Results achieved by the Middle East and North Africa Transition Fund with the assistance of Canada and other international donors as of March 2014 include: The effective and appropriate governance required to receive, assess, approve and disburse financial support to viable projects was established and implemented. Since the inception of the Fund, 43 projects totalling about $140 million were approved. These initiatives provide technical assistance to governments in transition for institutional reforms that promote more accountable governance and broad-based sustainable growth. Projects launched to date deal with issues such as increasing youth employability, small and medium-sized enterprise development, regional market integration, leadership capacity development and dialogue with civil society in Jordan, Morocco, Tunisia, Libya, Egypt and Yemen. In 2014, Canada assumed the role of donor co-Chair of the Fund with Egypt, and has identified four areas of focus: securing new contributions/donors, diversifying the applicant base (media groups, judiciary, parliaments, civil society, etc.), ensuring greater and earlier engagement with project proponents, and capturing and communicating results.

Budget and spending 


Original budget $0
Planned disbursement $0
Transactions
Country percentages by sector
Type of finance Aid grant excluding debt reorganisation
Collaboration type Bilateral
Type of aid Contributions to specific-purpose programmes and funds managed by implementing partners
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