|Approval Date||05 Dec 2012|
|Signature Date||23 Jan 2013|
|Planned Completion Date||30 Sep 2020|
|Last Disbursement Planned Date||30 Sep 2020|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||15124|
The capacity Building for Public Finance and Economic Management Project is designed by Government of Zimbabwe with the support of the African Development Bank Group. The project includes the two components. The first component is about enhancing capacity for debt, revenue and public financial management functions. This involves technical assistance, short term training and professional development programs, and acquisition of IT equipment & computer software. The second component concerns the improving capacities for the implementation of the Medium Term Plan (MTP); developing legal and institutional framework for Public-Private Partnership (PPP)s, statistics, and regional integration. This involves technical assistance in the elaboration of PPP framework and legislation; short term training and professional development programs; and computerization and connectivity.
The principal objectives of this project are to improve public finance and economic management performance, contributing to macroeconomic stability and poverty reduction. The specific objective is to strengthen the capacity of Zimbabwe’s key institutions responsible for economic and public finance management reforms, monitoring and evaluation, and improved participation of the private sector in economic development.
The immediate beneficiaries of the Project will be: the Ministry of Finance (Debt Management Office, Revenue Department, PSIP (for PPPs), and Accountant General’s Departments, and Zimbabwe Revenue Authority (ZIMRA), Ministry of Economic Planning and Investment Promotion (MEPIP), Ministry of Regional Integration and International Cooperation (MORIIC), and Zimbabwe National Statistical Agency (ZIMSTAT). The ultimate beneficiaries of the Project will be the entire population of Zimbabwe, including users of public and social services, the business community and the taxpayers. At least 30% of the female professional staff in all beneficiary institutions will be particularly targeted for all training opportunities.
Fragile States Facility
Ministry of Finance and Economic Development
|Last Update||15 Apr 2021|
|Name||CHANGE Evelynne Obonyo|