|Approval Date||09 Dec 2015|
|Signature Date||11 Dec 2015|
|Planned Completion Date||30 Nov 2016|
|Last Disbursement Planned Date||30 Nov 2016|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||15124|
The Public Finance Reform Support Programme (PARFIP) is a general budget support operation in favour of the Republic of Chad for UA 13.365 million, to be disbursed in a single tranche. The programme is the African Development Bank Group's contribution to the combined efforts of donors through special financial support aimed at assisting Chad in its efforts to address the dual shock - security and fiscal (terrorist threat in the sub-region and drop in oil prices) it currently faces. It aims to help promote public finance management efficiency and transparency in Chad through the following two complementary components: (i) improvement of domestic resource mobilization; and (ii) enhancement of public expenditure efficiency and transparency. The duration of the program has been estimated at 12 months (December 2015- November 2016). Along with the other budget support operations (WB and EU), PARFIP should contribute to the effective stabilization of the macroeconomic framework, increase fiscal revenue mobilization in order to expand Government's fiscal space and build its capacity to finance its development agenda in the critical areas of social development, infrastructure and rural development.
The programme goal is to contribute to the enhancement of public expenditure efficiency and fiscal transparency.
The programme's direct beneficiaries are: (i) government structures responsible for implementing reforms, whose capacity will be built and efficiency enhanced (especially revenue collection departments); (ii) pregnant women and children under 5; youth through the protection of expenditure relating to free health care for pregnant women, girls enrolment, promotion of youth employment; (ii) the private sector by facilitating equitable access to public contracts, simplification of the payment of taxes and duties and protection of rights and obligations; and (iv) the entire population, which should benefit from improved access to budget information and deeper understanding of their taxation rights and obligations.
African Development Fund
Fragile States Facility
MINISTERE DE L'ECONOMIE, DE LA COOPERATION ET PLAN
|Last Update||26 Jan 2023|