|Approval Date||23 Oct 2013|
|Signature Date||07 Jan 2014|
|Planned Completion Date||30 Aug 2019|
|Last Disbursement Planned Date||30 Aug 2019|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||11330|
The statistics and public finance institutional support project (PAI-STATFIN) is designed because the statistical production infrastructure is obsolete or virtually non-existent and statistical production needs to be urgently revived. In addition, it's essential for the country to address the challenges which are undermining economic and financial governance at the central level in general and in the provinces, in particular. By building the institutional capacity of Directorate General of Administrative, State Lands, Judicial, and Participation Revenue (DGRAD), PAI-STATFIN should directly contribute to the mobilization of domestic resources and an increase in DGRAD’s contribution to the national budget. The total project cost including taxes and customs duties is estimated at UA 10.96 million comprising UA 7.092 million in foreign exchange (64.71%) and UA 3.86759 million in local currency (35.29%). The project is broken down into the following three components: (i) statistics support (ii) public finance support and (iii) project management and coordination.
The project goal is to help build the State’s institutional capacity to manage the economy and consolidate the management of public finances. The project’s specific objectives are to (i) develop a national statistical system that will provide reliable and updated data on development objectives; (ii) measure the outcomes and impacts of projects and programmes supporting the Government’s actions; (iii) monitor and evaluate implementation of economic policies and reforms and, (iv) enhance the efficacy of institutional systems and mechanisms for the collection of mining taxes and those required to improve transparency and accountability in public financial management in general.
The main direct beneficiaries of the project are administrative bodies. The project area is Kinshasa and the rest of the country. The project’s indirect beneficiaries are the country’s entire population, which will benefit from the improvement in living conditions made possible by macroeconomic stability and more efficient budget management prioritizing pro-poor spending.
African Development Fund
Ministères des Finances V/C PIF/BAD/RDC/MECNT
|Last Update||07 Jul 2020|
|Country||Congo, the Democratic Republic of the|