| Approval Date | 03 Feb 2016 |
| Signature Date | 24 Mar 2016 |
| Planned Completion Date | 29 Jun 2020 |
| Sovereign / Non-Sovereign | Sovereign |
| Sector | Multi-Sector |
| DAC Sector Code | 15124 |
| Commitment | U.A 12,000,000 |
| Status | Implementation |
The project builds upon Bank-supported capacity building and PFM reforms in Tanzania, and complements DPs’ interventions. The proposed operation will contribute to addressing weaknesses in PFM and the business environment, and intensifying and sustaining capacity building efforts in Tanzania. It will support efforts geared towards enhancing capacity, accountability and integrity in the management of public resources by key oversight and economic/finance institutions. It will also help the fight againts corruption; the streamlining of business registration and licensing processes and operationalising the PPP framework. The project has two components: (i) Enhancing the Effectiveness of Public Financial Management and (ii) Creating an Enabling Environment for Private Investments.
The project’s development objective is to support Government Of Tanzania in promoting inclusive growth and macroeconomic stability by enhancing economic and financial governance through more effective public financial management and improved business environment.
The direct project beneficiaries are: for the Mainland, the Ministry of Finance and Planning, PPP Unit, the Public Procurement Regulatory Authority (PPRA), Internal Auditor General’s Office (IAGO), the Controller and Auditor General (CAG), the Prevention and Combatting of Corruption Bureau (PCCB) and the Ethics Secretariat. For Zanzibar, the beneficiaries are the following institutions: MoF, Zanzibar Investment Promotion Agency (ZIFA), Department of Stock Verification, the Accountant General’s Office, the Zanzibar Office of the Controller and Auditor General, the PPP Unit and the Ministry of Trade. The indirect beneficiaries are the general population of Tanzania, who will benefit from improved value for money in public procurement, improved service delivery arising from transparency and accountability and enhanced economic opportunities, including employment creation, arising from stimulation of private sector investments as a result of improved business climate.
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Funding
African Development Fund
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Implementing
Public Procurement and Regulatory Authority (PPRA)
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| IATI identifier | 46002-P-TZ-KF0-005 |
| Last Update | 18 Feb 2020 |
| Name | OKUDZETO Eline |
| e.okudzeto@afdb.org |
| Country | Tanzania, United Republic of |