Algeria - Governance of Public Enterprises and State Holdings Support Project


Project Summary

Approval Date 18 Dec 2018
Planned Completion Date 30 Jun 2023
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 15124
Environmental Category 3
Commitment U.A 796,400
Status Implementation

Project General Description

This intervention is related to the Support Project for the Governance of Public Enterprises and State Holdings. It is part of the government's reform process aimed at improving public sector governance, enhancing the value of the state's assets and making efficient use of public resources. The project aims to support the Algerian authorities' efforts to improve the governance of public companies and financial institutions and to enable the authorities to better monitor the State's holdings. In this sense, it is aligned with the government's objectives of better public sector governance and greater efficiency in the use of budgetary resources. The project will be structured around the following three components: (i) strengthening the capacity of the State as shareholder; (ii) strengthening the action of the National Investment Fund (FNI); (iii) improving risk monitoring and financial control of public entities or public shareholdings.

Project Objectives

The objective of the project is to make the State's intervention in the competitive sector more effective, to give a more strategic scope to the State's holdings and to control the budgetary risks related to public companies and public holdings.

Beneficiaries

The main beneficiaries of the project are the government, companies and public financial financial institutions.

Participating Organization

Funding
Middle Income Countries Fund
Extending
Government Of Algeria
Implementing
GOUVT D'ALGERIE MINISTERE DE ECONOMIE DIR. EMPRUNT & ENG. DE L'ETAT

Information

IATI identifier 46002-P-DZ-KF0-003
Last Update 09 Dec 2022

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Contact Details

Name BOUZGARROU Malek
Email m.bouzgarrou@afdb.org

Geographic Location

Country Algeria
Coordinates Location Name
36.73225 3.08746 Algiers