Approval Date | 27 Jun 2016 |
Signature Date | 29 Jun 2016 |
Planned Completion Date | 30 May 2017 |
Last Disbursement Planned Date | 31 May 2017 |
Sovereign / Non-Sovereign | Sovereign |
Sector | Multi-Sector |
DAC Sector Code | 15124 |
Environmental Category | 3 |
Commitment | U.A 31,146,700 |
Status | Completion |
Public Finance Reform Support Programme -Phase II (PARFIP-II) is Phase II of PARFIP, which had helped to stabilize Chad’s macroeconomic framework and protect priority social expenditure in 2015. It's a budget support programme covering the period 2016 - 2017, and will provide approximately 28% of the financing needs for fiscal 2016. The PARFIP-II supports budget reforms aimed at protecting priority social reforms, especially for the benefit of children, women and girls (school enrolment) not only at the level of the budget adopted, but also as part of its implementation. In addition, reforms aimed at improving the business climate and ensuring access to land will contribute to the empowerment of women. The two programme components are: (i) enhancement of the effectiveness of public expenditure; and (ii) diversification of the sources of growth of the Chadian economy. The overall implementation time of the program is estimated at 12 months.
The overall objective of the program is to enhance the efficiency of public spending and diversify sources of growth. Its development objective is to consolidate and strengthen the quality of public spending and create favorable conditions for the diversification of the country's sources of growth.
The PARFIP-II will benefit the entire Chadian population. The activities supported by the programme will benefit the population directly. Regarding the component that relates to public spending, the beneficiaries will be: (i) girls who stand to gain from the information and awareness campaign on the education of girls; women and young people through the savings that will be derived from the free health care for pregnant women and children below five. The economic diversification and agricultural resilience component will benefit: (i) the private sector through the clearing of the State’s domestic debt; the improvement of equity in access to public procurement contracts; (ii) young people through job creation; and (iii) the population at large through facilitated access to land which will foster the development and improvement of agricultural production.
Funding
African Development Fund
|
Funding
Fragile States Facility
|
Implementing
Ministère des Finances et du Budget
|
IATI identifier | 46002-P-TD-KA0-006 |
Last Update | 26 Jan 2023 |
Name | IBRAHIM Amadou |
i.b.amadou@afdb.org |