Zimbabwe - Capacity Building for Public Finance and Economic Management Project (CBPFEM)

Project Summary

Approval Date 05 Dec 2012
Signature Date 23 Jan 2013
Planned Completion Date 31 Dec 2021
Last Disbursement Planned Date 31 Dec 2021
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 15124
Environmental Category 3
Commitment U.A 16,120,000
Status Completion

Project General Description

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.

Project Objectives

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.

Participating Organization

Fragile States Facility
Ministry of Finance and Economic Development


IATI identifier 46002-P-ZW-KF0-002
Last Update 01 Dec 2022


Contact Details

Name CHANGE Evelynne Obonyo
Email e.change@afdb.org

Geographic Location

Country Zimbabwe
Coordinates Location Name
-17.82772 31.05337 Harare