Tanzania - Good Governance and Private Sector Development Programme (GGPSDP)


Project Summary

Approval Date 11 Jul 2018
Signature Date 07 Sep 2018
Planned Completion Date 31 Dec 2020
Last Disbursement Planned Date 31 Dec 2019
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 15110
Commitment U.A 40,000,000
Status Implementation

Project General Description

This operation is the first phase of the Tanzania Good Governance and Private Sector Development Program (GGPSDP) for the fiscal year 2017/18. The GGPSDP is designed as a programmatic series of two consecutive general budget support operations (GBS) covering the two-year period 2017/18 and 2018/19, for a total indicative financing package of UA 80 million. The program responds to the need for Tanzania to improve the investment climate and overall business environment in order to build a strong foundation for the economy’s capacity to generate inclusive growth. More specifically, the key areas of reform supported by the program are as follows: (a) Improving the business environment for private sector development; (b) improving public financial management, with focus on enhancement of budget credibility in order to sustain macroeconomic stability; and (c) improving oversight functions, with particular emphasis on strengthening procurement systems and audit services.

Project Objectives

The overarching development objective is to promote Tanzania’s transition towards inclusive and resilient private sector-led economic growth, supported by improved economic and financial governance. The program will, in this connection, support implementation of Tanzania’s Blueprint for Regulatory Reforms to Improve the Business Environment, as well as targeted PFM reforms that are critical for creating a stable macroeconomic environment for private sector led growth.

Beneficiaries

The direct beneficiaries of the operation will include the Ministry of Industry, Trade and Investment, the Ministries of Finance and Planning (Mainland and Zanzibar) (Fiscal Unit, Budget Unit, and Public-Private Partnership Division), Tanzania Revenue Authority and the Public Procurement Regulatory Authority. Indirect beneficiaries are the citizens of Tanzania, who will benefit from the implementation of reforms to enhance competitiveness and private sector participation in the economy.

Participating Organization

Funding
African Development Fund
Implementing
Ministry of Finance and Planning, in collaboration with Ministry of Trade, Industry and Investment
Implementing
Ministère des Finances et du Plan, en collaboration avec le ministère du Commerce, de l’Industrie et de l’Investissement

Information

IATI identifier 46002-P-TZ-KA0-005
Last Update 31 Oct 2019

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Contact Details

Name OKUDZETO Eline
Email e.okudzeto@afdb.org

Geographic Location

Country Tanzania, United Republic of