|Approval Date||15 Jun 2007|
|Signature Date||28 Jun 2007|
|Planned Completion Date||31 Dec 2008|
|Last Disbursement Planned Date||30 Jun 2009|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||11330|
The present intervention is related to the Economic Reform Support Programme (PARE). It was conceived because for almost ten years, the Central African Republic (CAR) experienced recurring politico-military conflicts that had a devastating effect on the country's socio-economic situation and contributed to: (i) loss of life and displacement of populations; (ii) the destruction of social and economic infrastructures; and (iii) the deterioration of socio-economic indicators. The PARE aims to support the implementation of the reforms contained in the Framework Document for Economic and Social Policy (DCPES) and thus contribute to the Government's efforts to improve the governance and efficiency of the State, to revive the economy of the CAR and lay the foundation for sustained economic growth. It should also support the anti-poverty strategy. The program is structured around two components: (i) improving and strengthening public financial management and; ii) strengthening good governance.
The PARE aims to support the Government's efforts in implementing the measures contained in the Development Policy Letter and more particularly in the implementation of reforms aimed at increasing the efficiency of poverty alleviation expenditures, support for improving the business climate and developing the private sector and strengthening good governance.
The programme should benefit the entire Central African population.
African Development Fund
Comité Technique Permanent de Suivi des Programmes d’Ajustement Structurel (CTP-PAS) logé à la Primature
|Last Update||04 Dec 2020|
|Country||Central African Republic|