Zambia - Support for Fiscal Transparency and Accountability (S-FTA)


Project Summary

Approval Date 28 Jun 2001
Signature Date 17 Jul 2001
Planned Completion Date 31 Dec 2006
Last Disbursement Planned Date 31 Dec 2006
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 15124
Environmental Category 3
Commitment U.A 16,361,363.63
Status Completion

Project General Description

The Programme entails implementation of policy reforms and institutional capacity building to institutionalise transparency and accountability in fiscal management in Zambia. It will contribute to efficient utilisation of public resources and improved fiscal governance. It will institute measures to ensure that the social sector budgetary allocations are actually spent as planned and not diverted to other uses, hence it will have direct positive impact on poverty reduction. Against the background of the Government's agenda for good governance, interim PRSP and the draft PRSP, the proposed Programme is designed to improve the level of accountability and transparency in fiscal affairs. The major components of the programme are, i) budget reforms; ii) domestic debt management; iii) public procurement reform; iv) public accounts audit; v) combating corruption; vi) decentralisation; and vii) institutional capacity building.

Project Objectives

The goal of the Programme is to contribute to good governance in Zambia by undertaking policy measures and creating the institutional capacity to promote transparency and accountability in fiscal management. The objective is to support good governance in Zambia in the areas of fiscal transparency and accountability. While addressing policy reforms in these areas, the loan will contribute to bridging the external financial of Zambia in 2001 and 2002.

Beneficiaries

The beneficiaries of the programme are the Zambian Government and the entire population.

Participating Organization

Funding
African Development Fund
Implementing
Ministry of Finance and National Planning

Information

IATI identifier 46002-P-ZM-KA0-001
Last Update 01 Dec 2022

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Contact Details

Name MATILA Mothobi P.S.
Email m.matila@afdb.org

Geographic Location

Country Zambia
Coordinates Location Name
-14.33333 28.5 Zambia