Seychelles - Aid Management Information System Project


Project Summary

Approval Date 15 Dec 2020
Signature Date 18 Feb 2021
Planned Completion Date 30 Jun 2024
Last Disbursement Planned Date 31 Dec 2022
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 11330
Environmental Category 3
Commitment U.A 254,545
Status Implementation

Project General Description

The Aid Information Management System (AIMS) project complements the Crisis Response Budget Support (CRBS) operation for Seychelles that aims to support the Government actions to lay the foundation for macroeconomic stability and quick recovery in the post COVID-19 pandemic period. The proposed project will finance technical assistance and capacity building activities to address capacity and knowledge gap in identified areas for effective aid management and borrowing, which will also enable Seychelles to attract and better manage international environmental funds. The project will contribute immensely to enhancing transparency in management of public resources through the creation of one repository for foreign aid data. By strengthening transparency and effectiveness of aid management, it will complement Component 3 of the CRBS operation that focuses on supporting fiscal consolidation efforts geared at creating additional fiscal space, which addresses debt management challenges. The project’s two components will reinforce each other to create a significant development impact through enhancing capacity for a transparent and accurate government reporting and effective aid management, coordination and programming.

Project Objectives

The overall goal of the project is to strengthen the government’s aid management function in order to enhance transparency and accountability in the management of public resources. This general objective will be achieved through institutional strengthening by establishing a central database of all foreign grants that will enhance government’s ability to allocate its scarce resources consistent with the government’s medium-term fiscal framework. The system will support the government’s drive to improve aid data coordination through better recording, reporting & audit. The project will also enhance the capacity of the government to better balance financing needs and payment obligations over the medium-to long run, consistent with its post-COVID economic recovery strategy underpinned by a sound fiscal consolidation plan.

Beneficiaries

The direct beneficiaries of the project will be government officials involved in aid management activities. This will be mainly through technical assistance, training and mentoring for skills transfer purposes. In the long term, the positive impact of the project on the aid management transparency and efficiency will also help reduce the transaction cost and ensure sustainability through enhanced capacity of country systems.

Participating Organization

Extending
Government Of Seychelles
Implementing
Ministry of Finance
Funding
Middle Income Countries Fund

Information

IATI identifier 46002-P-SC-K00-021
Last Update 01 Apr 2023

Export

Contact Details

Name Mosllem Ahmed ALAMIR AHMED
Email m.ahmed@afdb.org

Geographic Location

Country Seychelles
Coordinates Location Name
-4.58333 55.66667 Seychelles
-4.35942 55.83621 La Digue
-4.66667 55.46667 Mahé
-4.32146 55.72394 Praslin
-4.6875 55.5167 Anse aux Pins