Mali - Economic Governance Reform Support Programme – Phase I


Project Summary

Approval Date 04 Nov 2015
Signature Date 27 Nov 2015
Planned Completion Date 31 Dec 2016
Last Disbursement Planned Date 31 Dec 2016
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 15110
Commitment U.A 15,000,000
Status Completion

Project General Description

PARGE-I, the first phase of two programme-based budget support operations aims to consolidate the achievements of previous budget support operations and contribute to sustained economic growth by enhancing the efficiency of public expenditure and promoting private sector development. Indeed, after two budget support operations in response to the crises, the conditions for general budget support are met, because of the existence of a credible economic reform program that is supported by all development partners. This operation presents the multiannual framework of the program and provides a list of reform measures considered as triggers for the second phase (PARGE-II). PARGE-I is in line with the 2012-2017 Growth and Poverty Reduction Strategy Framework (GPRSP) and the 2014-2018 Government Action Program (GAP). It agrees with two (Governance Strengthening and Private Sector Development) of the five key operational priorities of the Bank's Ten Year Strategy (SLT) 2013-2022. The first component, which focuses on the effectiveness of public spending, will, through major structural reforms: (i) improve fiscal decentralization; (ii) improve the management of the public order; and (iii) strengthen the role and effectiveness of internal control. In the second component, support for private sector development will focus on: (i) support for investment promotion and private enterprise development; and (ii) improving the business environment.

Project Objectives

The PARGE-I intends to consolidate the achievements of previous operations by helping Mali to address the above-mentioned challenges through major structural reforms aimed at improving public expenditure efficiency and increasing private development support. PARGE-I therefore aims to support the Government of Mali's (GoM) efforts through the following objectives: (i) improvement of fiscal decentralization, (ii) enhancement of public procurement management transparency; (iii) strengthening of internal control to ensure more efficient use of public resources; (iv) improvement of the business environment; and (v) support for the development of private enterprises and promotion of strategic investments.

Beneficiaries

PARGE-I will benefit the entire Malian population by improving public expenditure efficiency and creating a more dynamic private sector. Improved public resource management will increase the supply of basic social services and facilitate countrywide access to them.

Participating Organization

Funding
Fragile States Facility
Implementing
MINISTERE DE L'ECONOMIE ET DES FINANCES

Information

IATI identifier 46002-P-ML-KA0-006
Last Update 31 Oct 2019

Export

Contact Details

Name DICKO Hamacire
Email h.a.dicko@afdb.org

Geographic Location

Country Mali
Coordinates Location Name
18 -2 Mali