|Approval Date||18 Dec 2018|
|Planned Completion Date||30 Jun 2023|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||15124|
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.
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.
The main beneficiaries of the project are the government, companies and public financial financial institutions.
Middle Income Countries Fund
Government Of Algeria
GOUVT D'ALGERIE MINISTERE DE ECONOMIE DIR. EMPRUNT & ENG. DE L'ETAT
|Last Update||02 Feb 2023|