Approval Date | 15 Dec 2015 |
Signature Date | 16 Dec 2015 |
Planned Completion Date | 31 Jan 2016 |
Last Disbursement Planned Date | 31 Mar 2016 |
Sovereign / Non-Sovereign | Sovereign |
Sector | Multi-Sector |
DAC Sector Code | 11330 |
Commitment | U.A 15,000,000 |
Status | Completion |
The present project is the second phase of the Mozambique Economic Governance and Inclusive Growth Program (EGIGP II). This operation is the second in a programmatic series of three consecutive general budget support (GBS) operations covering 2014-2016. This second phase follows the first one, called "EGIGP I", whose progress in the implementation of the reforms, contributed to improve the business climate and to enhance transparency in the PFM system and the management of extractive industries. EGIGP II will support government to deepen reforms supported under EGIGP I including: (a) measures to expand the integrated one-stop-shop network (e-BAUs, which are already being piloted to support streamlined business procedures); (b) implementation of the 2013 Competition Law, through the adoption of the regulations and establishment of a new competition authority aimed at facilitating market entry and ensuring a level playing field; and (c) adoption of regulations for e-banking and mobile banking services in order to promote inclusion in rural areas. The estimated cost of this operation is USD 247.2 million.
The goal of EGIGP II is to support government effort in promoting inclusive and sustainable growth by (i) consolidating transparent and accountable PFM and natural resource management frameworks; and (ii) improving the enabling environment for private sector development.
The direct beneficiaries of the program include (a) GoM institutions benefiting from an improved PFM framework (including, as direct beneficiaries, entities implementing the reforms, such as the Tribunal Administrativo and IGF); and (b) private sector entities, in particular MSMEs (estimated at 4.5 million), as direct beneficiaries from the supported reforms in the form of increased access to finance and lower market entry barriers. Indirect beneficiaries include (a) the entire public administration through greater public sector efficiency; and (b) the entire Mozambican population (and specially women, youth, and rural communities) through the promotion of inclusive growth, improved natural resource management and a friendlier business environment.
Funding
African Development Fund
|
Implementing
Ministère de l’Économie et des Finances
|
IATI identifier | 46002-P-MZ-K00-011 |
Last Update | 01 Feb 2023 |
Name | GEBRE-SELASSIE Kalayu |
k.gebre-selassie@afdb.org |