Tanzania - The Third Poverty Reduction Support Programme (PRSL III)


Project Summary

Approval Date 29 Oct 2008
Signature Date 26 Nov 2008
Planned Completion Date 30 Jun 2009
Last Disbursement Planned Date 31 Dec 2010
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 43010
Commitment U.A 100,000,000
Status Completion

Project General Description

The Poverty Reduction Support Loan III (PRSL III) is designed to support the Government of Tanzania to implement its Poverty Reduction Strategy. The strategy anchores on three complementary pillars—growth and reduction of income poverty; improved quality of life and well-being; and governance and accountability. The project aims at providing the government with direct budget support in the implementation of its poverty reduction strategy. It has four major components: Enhancement of revenue mobilization; Strengthening procurement practices; Strengthening audit functions; and improving governance structures and accountability systems in the road sub-sector. The total cost of the project is UA 465.20 million.

Project Objectives

The global objective of the project is to enhance accountability and transparency in the allocation and management of public financial resources. The project specific objectives focuses on selected policy actions and reforms that contribute towards Tanzania’s public sector management reform agenda. These include: (i) effective Public Financial Management (PFM) reforms related to revenue mobilisation, procurement practices and audit functions; and (ii) performance of the infrastructure sector through better governance in the road sub sector.

Beneficiaries

The project will benefit the government institutions that are directly tasked with accountability, transparency and fiduciary control in the allocation and expenditure of public resources. In particular, it will contribute to enhancing the functions of: external auditing, regulatory arrangements and public procurement and tax revenue collection. Support to the road-sub sector will strengthen the role of key implementers of road programs across the country. The people of Tanzania will benefit from better public financial management that will translate into more resources for the delivery of essential goods and services and improved quality.

Participating Organization

Funding
African Development Fund
Implementing
Ministry of Finance and Economic Affairs (MoFEA)

Information

IATI identifier 46002-P-TZ-K00-009
Last Update 31 Oct 2019

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Geographic Location

Country Tanzania, United Republic of