Tanzania – Poverty Reduction Support Loan II (PRSL II)


Project Summary

Approval Date 28 Jun 2006
Signature Date 31 Aug 2006
Planned Completion Date 30 Mar 2008
Last Disbursement Planned Date 31 Dec 2007
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 2006/07. 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 key policy actions outlined in the National Strategy for Growth and Reduction of Poverty (NSGRP) and will augment the resources that other donors are providing targeted at poverty reduction programmes. It will focus on policy actions in the following thematic areas: (i) the promotion of an enabling environment for rural development; (ii) the promotion of an enabling environment for private sector development; and (iii) improving the quality of life and social well-being. PRSL II will be implemented over 18 months.

Project Objectives

The objective of the loan is to provide the Government of Tanzania with direct budget support to assist in implementing its Poverty Reduction Strategy, known as the National Strategy for Growth and Reduction of Poverty (NSGRP). 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-K00-008
Last Update 31 Oct 2019

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Geographic Location

Country Tanzania, United Republic of