|Approval Date||16 Dec 2020|
|Signature Date||15 Jan 2021|
|Planned Completion Date||30 Dec 2023|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||15124|
The Mobilisation of Domestic Resources and Business Formalisation Support Project (PAMORIFE) in Guinea is aligned with Pillar 1 of the National Economic and Social Development Programme (PNDES) which covers the period 2016-2020 and is based on four strategic thrusts: (i) the promotion of good governance for sustainable development; (ii) sustainable and inclusive economic transformation; (iii) inclusive human capital development; and (iv) sustainable natural capital management. This is a UA 8,500,000 Transition Support Facility (TSF) – Pillar I grant. The project, which covers the period 2020-2023, will contribute to improving domestic resource mobilisation through (i) broadening the tax base; and (ii) improving tax revenue control and audit systems. It will also have a positive impact on improving access to public procurement for local SMEs to encourage informal sector operators to switch to the formal sector. PAMORIFE has three components: (i) Support domestic resource mobilisation (ii) Support the formalisation of businesses and facilitate access to public procurement, and (iii) Project management. These components are mutually complementary. During its design, the project took account of the fragile nature of public institutions. Therefore, technical assistance will be made available for various reforms to ensure effective knowledge transfer.
The overall objective of PAMORIFE is to help consolidate the macroeconomic framework through enhanced tax and customs revenue mobilisation. The project specifically aims to achieve the following outputs: (i) Support the National Directorate of Taxes (DNI) to implement the fiscal and organisational reforms; (ii) Strengthen the system for controlling the transit of goods; (iii) Strengthen the audit system for tax and customs revenue at the Court of Auditors; (iv) Reinforce the operational capacity of the Private Investment Promotion Agency (APIP) to assist businesses in their formalisation process; (v) Support public procurement reform by strengthening regulation and training on the new public procurement code to facilitate access to public procurement for local businesses; and (vi) Support MAMRI in conducting a comprehensive overhaul of Guinea's financial management in the medium term.
The project's direct beneficiaries are mainly the State structures in charge of implementing tax reforms and mobilising domestic resources, i.e. the Support Team for Mobilising Domestic Resources (MAMRI), the National Revenue Directorate (DNI) and the General Directorate of Customs (DGD). The project also benefits other structures involved in improving financial governance and supporting the private sector to improve taxpayer confidence in the Government's fiscal policy, among which the Court of Auditors (CdC), the Public Procurement Regulatory Authority (ARMP) and the Private Investment Promotion Agency (APIP). Ultimately, the project will benefit the entire Guinean population through tax payment facilities, training and assistance in fiscal matters, procurement and business formalisation.
Fragile States Facility
MINISTERE DU PLAN ET DE LA COOPERATION INTL
|Last Update||01 Dec 2021|
|Name||EKPO Alain Fabrice|