Comoros - Institutional Capacity Building Project (ICBP)


Project Summary

Approval Date 11 Oct 2010
Signature Date 05 Nov 2010
Planned Completion Date 31 Oct 2015
Last Disbursement Planned Date 31 Oct 2015
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 15110
Commitment U.A 595,000
Status Completion

Project General Description

The present project is relative to the Institutional Capacity Building Project (ICBP). This UA 0.595 million supplementary grant will provide additional funding to the ICBP and help to reduce the public finance and statistics financing needs still outstanding, despite the substantial contribution of the initial IBP grant, support received through Pillar III of the Fragile States Facility (FSF) and funding from other technical and financial partners. Otherwise, the ICBP is designed for the purpose of institutional capacity building, particularly improvement of public resource management. Indeed, for more than a decade, the Union of the Comoros has experienced political and institutional crises that have considerably weakened its institutional capacity with respect to administration and financial management, data collection, monitoring and analysis. The aim of the project is to build institutional capacity of the Union the Comoros and the three autonomous islands (Grand Comoros, Anjouan and Moheli). The PRCI is structured around three (03) components, namely: (i) public finance support; (ii) support to planning and statistics capacity; and (iii) project management.

Project Objectives

The development objectives as well as specific ICBP objectives are maintained as indicated in the IBP appraisal report. The project ’s development objective is to strengthen the capacity of private sector institutions to provide quality services, with a view to contributing to achieving the country’s development goals. The project’s specific objective is to build institutional capacity in economic and financial management, particularly public resource management and monitoring, preparation, implementation and monitoring of poverty reduction policies.

Beneficiaries

The direct beneficiaries are: the Budget and Finance Control Department, the Treasury and Public Accounting Department, Taxation Department, the Customs Department, Debt Department, Economic and Financial Reforms Unit, the Audit Commission, General Inspectorate of Finance, General Planning Commission, National Statistics Department, and accountants in key ministries as well as directors of administration and finance. About 300 senior staff should directly benefit from the project.

Participating Organization

Funding
African Development Fund
Implementing
MINISTERE DES FINANCES,DU BUDGET,DE L'ECONOMIE, ET DU PLAN

Information

IATI identifier 46002-P-KM-KF0-003
Last Update 31 Oct 2019

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Contact Details

Name LAKOUE DERANT Regis
Email r.lakoue-derant@afdb.org

Geographic Location

Country Comoros
Coordinates Location Name
-12.3427 43.7362 Mwali
-11.5861 43.3331 Grande Comore