Mozambique - Programme of Economic Reform and Good Governance for the Reduction of Poverty (PER GROP I)


Project Summary

Approval Date 02 Jul 1997
Signature Date 25 Sep 1997
Planned Completion Date 30 Sep 2001
Last Disbursement Planned Date 30 Sep 2001
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 11330
Commitment U.A 99,952,830.23
Status Completion

Project General Description

The Programme de réforme économique et de bonne gouvernance pour la réduction de la pauvreté (PER GROP I) is part of the development community's support to the Government of Mozambique to bridge its external financing gap in 1997-1999 and at the same time implement the programme of economic reforms. Mozambique is one of the poorest countries in the world and its social indicators are among the worst in Africa. The Government has been implementing broad policy reforms since 1987, and these reforms have been effective in generating adequate supply response. Poverty in the country has remained pervasive and the greatest challenge facing the government is to sustain growth and ensure its benefits are broadly shared. The programme is the first in a series of four economic adjustment programmes that the ADF is so far supporting for this country. The proposed operation supports policy and institutional reforms in the following areas: (i) foreign trade and exchange; (ii) budgetary and fiscal management; (iii)financial sector reforms; (iv) privatization and public enterprise reform; (v) sectoral reforms covering agricultural, social, and transport sectors; (vi) environmental policy reforms; and (vii) governance and public administration. The program will help to strengthen the pro-poor macroeconomic and structural reforms. It will assist in redirecting social expenditures to the poor. The envisaged measures under the program will help reduce poverty and promote good governance.

Project Objectives

The programme objective is to stimulate economic growth through further macroeconomic and structural adjustment reforms, within the overall context of the PFP (1997-1999). The PER GROP I will support policy and institutional reforms, which are designed to improve aggregate demand management and generate sustainable supply response.

Beneficiaries

The programme will benefit to the Government of Mozambique and will permit to increase the standard of living of the population in the country.

Participating Organization

Funding
African Development Fund
Implementing
GOVERNEMENT OF MOZAMBIQUE MINISTRY OF FINANCE

Information

IATI identifier 46002-P-MZ-K00-001
Last Update 01 Dec 2022

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Contact Details

Geographic Location

Country Mozambique
Coordinates Location Name
-17 37 Provincia de Zambezia
-12.5 39 Provincia de Cabo Delgado
-13 36.7 Niassa Province
-23 34.5 Inhambane Province
-17.49137 37.02607 Namacurra District
-17.603 36.81399 Nicodala District
-22.02266 33.81786 Mabote
-23.5 33 Gaza Province
-18.25 35 Mozambique
-25.0519 33.6442 Xai-Xai