| Approval Date | 18 Apr 1990 |
| Signature Date | 30 May 1990 |
| Planned Completion Date | 31 Dec 2003 |
| Last Disbursement Planned Date | 31 Dec 2003 |
| Sovereign / Non-Sovereign | Sovereign |
| Sector | Multi-Sector |
| DAC Sector Code | 15124 |
| Commitment | U.A 3,190,546.13 |
| Status | Completion |
The present intervention concerns the Institutional Support Project for the Ministries of Planning and Finance. The project is expected to enable Cape Verde to implement the Organic Laws of the Ministries of Planning and Finance. This should improve the macroeconomic management mechanisms as well as the selection, control and monitoring and evaluation activities of these Ministries with regard to the implementation of the public investment programme and the coordination of external assistance. The project includes the following components: (a) technical assistance; (b) training; (c) equipment; (d) construction; and (e) operating expenses.
The project aims to operationalize the structures of the Ministries of Planning and Finance created under the 1987 organic laws to replace the former colonial structure. This project is expected to: (i) strengthen economic management mechanisms and develop the public investment programme; (ii) improve financial resource management and monitor development projects and programmes; (iii) strengthen aid coordination; and (iv) collect public revenues in a fair and more efficient manner.
The direct beneficiaries of the project are the Ministries of Planning and Finance.
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Funding
African Development Fund
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Extending
Government Of Cape Verde
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Implementing
PROJECTO APOIO INSTITUCIONAL AO M.T.I.C.
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| IATI identifier | 46002-P-CV-KA0-002 |
| Last Update | 30 Nov 2022 |
| Name | KONE Solomane |
| s.s.kone@afdb.org |
| Country | Cape Verde |