|Approval Date||12 Apr 2017|
|Signature Date||13 Apr 2017|
|Planned Completion Date||31 Dec 2017|
|Last Disbursement Planned Date||30 Dec 2017|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||23220|
The Energy Sector Budget Support Programme - Phase I (PASEBE I) is the first phase of a programmatic sectoral budget support. It aims to improve electric power supply and electricity sub-sector governance in order to create conditions for inclusive and sustainable economic growth. By providing immediate response to curb selective power cuts, the programme will have a positive impact on economic growth and thus contribute to improving the population’s living conditions. The programme will also help to improve the quality of services offered by social infrastructure, such as access to medical services, water and education. Thus, the final beneficiaries of the programme are the population, who will enjoy better living conditions as a result of inclusive growth supported by a reliable energy sector. The expected outcomes are: (a) support for efforts made by the Government of Benin towards regular supply of electricity in the short term, by ensuring fuel supply to independent producers and (b) improvement of sector governance by supporting reforms that will in the medium term enable Benin to increase its national electricity production and have a tariff system that reflects the real costs of electric power.
The programme’s main goal is to increase electric power supply so as to create appropriate conditions for more inclusive and sustainable economic growth. Its specific objectives are to: (i) support regular electric power supply; and (ii) improve sector governance.
The programme’s direct beneficiaries are Société Béninoise d’Energie Electrique (Benin Electric Power Company) SBEE and the Electricity Sector Regulatory Authority. The indirect beneficiaries are private sector operators, especially very small, small and medium-sized enterprises, mostly those developed by women and youths through more availability of electric power needed to properly operate their activities. Apart from the direct beneficiaries, the entire population of Benin will benefit indirectly from the programme’s significant socio-economic spinoffs, especially as a result of better public service delivery (health, education, drinking water, etc.), private sector development, job creation, and reduced urban insecurity.
African Development Fund
MINISTERE DES FINANCES ET DE L'ECONOMIE
|Last Update||03 Dec 2022|
|Name||KITANDALA LUHANA Raymond|