|Approval Date||30 Mar 2017|
|Signature Date||22 May 2017|
|Planned Completion Date||29 Jun 2022|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||15124|
The non-oil revenue mobilization and accountability project in South Sudan was designed because of the need to take immediate steps to reduce dependency on oil, boost non-oil revenues and reduce oil revenues strengthen control of expenditure. Indeed, oil revenues, on which the country's economy depends, collapsed following the price decline since July 2014, resulting in a budget deficit of 30% of GDP in 2015. In addition, the present is a project institutional support, funded by both grant and loan resources, to complement other donor interventions designed to address capacity needs in two interrelated areas, including capacity building at the country level, non-oil revenues at both the national and state levels, while improving financial control, transparency and accountability. The project cost is estimated at UA 11.833 million and will be financed at UA 10.65 million. It has three mutually reinforcing components: (i) Improved domestic resource mobilization in the non-oil sector; ii) Strengthening financial control, accountability and control mechanisms; and iii) Project management.
The overall development objective of the project is to promote sustainable and stronger economic growth by increasing domestic resource mobilization and enhancing accountability for the use of public resources.
The direct beneficiaries of the project are the Ministries of Finance and Planning, more specifically the National Revenue Office (NRA), the General Directorate of Taxes, the Treasury, Budget, Internal Audit and Debt Services and the Aid Coordination, the Tax Administration and Customs, as well as the National Audit Chamber, the Public Accounts Committee, as well as the State Revenue Offices. This project will benefit the Government and the people of South Sudan by strengthening the existing weak human and institutional capacity in the non-oil revenue administration sector at the national and state levels, as well as through the strengthening of their public financial management systems.
African Development Fund
Fragile States Facility
Ministère des Finances et de la Planification
|Last Update||22 Nov 2020|