Tanzania - Structural Adjustment Loan II (SAL II)


Project Summary

Approval Date 03 Sep 2001
Signature Date 28 Sep 2001
Planned Completion Date 31 Dec 2004
Last Disbursement Planned Date 30 Jun 2004
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 43010
Commitment U.A 40,000,000
Status Completion

Project General Description

The Structural Adjustment Loan II (SAL II) will be to support the implementation of Tanzania's economic reform program covering the 2000-2003 period, which is an integral part of the PRSP. The Government's reform program comprises two broad components. The first involves actions aimed at strengthening growth by consolidating macroeconomic stability; improving rural infrastructure; creating an enabling business environment; promoting and diversifying exports; and improving agricultural productivity. The second component encompasses actions aimed at improving human capabilities, survival, and well being by increasing budgetary support to key poverty reduction programs, improving governance, reducing the vulnerability of the poor; protecting the environment, and strengthening the poverty monitoring and evaluation process. The proposed ADF SAL II will build on the progress achieved under the World Bank's SAC I and the ADF SAL I, with the specific aim of promoting private sector led growth and poverty reduction. Within the broad PRSP policy agenda, SAL II will focus on three broad areas; economic governance, private sector development, and rural development. The expected inflow of external program financing over the 2000-2003 period amount to UA 681.00 million (equivalent to US $ 882.30 million).

Project Objectives

The objective of the loan will be to support the Government's implementation of the reform program, which forms an integral part of the PRSP. Consistent with the PRSP, the loan will support policy reforms and sector strategies necessary to promote rapid economic growth and reduce poverty. The proceeds of the loan will be used for budget support to help the Government increase budgetary allocations to the priority sectors identified in the PRSP.

Participating Organization

Funding
African Development Fund
Implementing
GOVERNMENT OF TANZANIA

Information

IATI identifier 46002-P-TZ-K00-004
Last Update 31 Oct 2019

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Contact Details

Name KARIUKI Peninah Wanjira
Email p.kariuki@afdb.org

Geographic Location

Country Tanzania, United Republic of