GOVERNANCE AND PRIVATE SECTOR DEVELOPMENT SUPPORT PROGRAM (PHASE II)


Project Summary

Approval Date 18 Dec 2019
Signature Date 13 Mar 2020
Planned Completion Date 31 Dec 2024
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 15124
Commitment U.A 40,000,000
Status Implementation

Project General Description

The present intervention relates to the second phase of the Good Governance and Private Sector Development Programme (GGPSDP). It aims to contribute to Government’s efforts to strengthen good governance and promote private sector led growth and economic development. The program supports the Government of the United Republic of Tanzania (GOT’s) ongoing reforms to promote private sector investments, while addressing constraints affecting the business regulatory regime and service delivery as outlined under the blue print for regulatory reform to improve the business environment. The operation builds upon efforts to improve budget credibility in order to ensure macroeconomic stability while providing a conducive operating environment for the private sector. It would also support the ongoing reforms aimed at fiscal consolidation, thereby establishing a foundation for inclusive and resilient private sector led economic growth. The proposed operation likewise builds upon ongoing reforms to improve public sector oversight, accountability, transparency and institutional capacity to efficiently and effectively manage public resources. The GGPSDP II components remain the same as specified in the original Program Appraisal Report (PAR) namely 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 purpose of the program is to support ongoing reforms to strengthen good governance and promote private sector led growth and economic development.

Beneficiaries

The direct beneficiaries of the operation are 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
GOVERNMENT OF TANZANIA

Information

IATI identifier 46002-P-TZ-KA0-007
Last Update 06 Jul 2020

Export

Contact Details

Name OKUDZETO Eline
Email e.okudzeto@afdb.org

Geographic Location

Country Tanzania, United Republic of