Tanzania – Poverty Reduction Strategy Loan I (PRSL I)


Project Summary

Approval Date 27 Oct 2004
Signature Date 09 Dec 2004
Planned Completion Date 30 Jun 2006
Last Disbursement Planned Date 31 Dec 2005
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 43010
Commitment U.A 50,000,000
Status Completion

Project General Description

The proposed loan, amounting to UA 50 million, is aimed at providing budget support to the Government of Tanzania during the fiscal year 2004/05. It is designed to help the government implement its Poverty Reduction Strategy and reach the goals articulated in the strategy. The implementation of the strategy will also help in realising the Millennium Development Goals (MDGs). The loan will support the priority policy actions outlined in the PRSP and will augment the resources that other donors are providing targeted at poverty reduction programmes. It focuses on policy actions in the following thematic areas: (i) the promotion of an enabling environment for private sector development, (ii) the development of micro finance, and (iii) strengthening public financial management.

Project Objectives

The objective of the loan is to provide the Government of Tanzania with direct budget support to assist it in implementing its Poverty Reduction Strategy. The ultimate objective is to reduce poverty and improve the country’s social indicators.

Participating Organization

Funding
African Development Fund
Implementing
Ministry of Finance

Information

IATI identifier 46002-P-TZ-K00-007
Last Update 31 Oct 2019

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Geographic Location

Country Tanzania, United Republic of