Financial Sector Technical Assistance Project (Fstap)


Project Summary

Approval Date 04 Oct 2005
Signature Date 23 Nov 2005
Planned Completion Date 30 Jun 2013
Last Disbursement Planned Date 31 Jul 2013
Sovereign / Non-Sovereign Sovereign
Sector Finance
DAC Sector Code 24030
Environmental Category 3
Commitment U.A 6,800,000
Status Completion

Project General Description

The Financial Sector Technical Assistance Project (FSTAP) aims to develop the institutional capacity of the financial sector. This development should be through the financing of activities aimed at: (a) strengthening the regulatory and supervisory framework of banking and non-banking financial institutions, including the insurance and pension sectors; (b) strengthen the coverage and management of social security; (c) develop an efficient and effective national payment system; (d) improve the legal and judicial environment for lending operations; and (e) expand financial services, especially to rural areas, by improving the operations of microfinance companies.

Project Objectives

The overall objective of the FSTAP is to improve thesoundness and efficiencyof the financial sector, so as to strengthenits contribution to economic growth and poverty reduction in Mozambique.

Beneficiaries

The project should benefit all stakeholders in Mozambique's financial system.

Participating Organization

Funding
African Development Fund
Extending
Gouvernement du Mozambique
Implementing
Ministry of Finance

Information

IATI identifier 46002-P-MZ-HZ0-001
Last Update 20 Jun 2021

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Contact Details

Name DAVA Emilio Aniceto Fernando
Email e.dava@afdb.org

Geographic Location

Country Mozambique