Zimbabwe - TA for HIPC Eligibility Assessment


Project Summary

Approval Date 30 Jul 2013
Signature Date 28 Oct 2013
Planned Completion Date 30 Jun 2015
Last Disbursement Planned Date 30 Jun 2015
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 15124
Commitment U.A 68,242
Status Completion

Project General Description

The project is a grant earmarked to capacitate Zimbabwe to build national capacity in order to accessing funds under the Heavily Indebted Poor Countries (HIPC) facility. This support will be used to help the country design detailed scenarios for external debt arrears clearance and debt relief including restructuring taking into account hypothetical traditional debt relief assumptions, reviewing and undertaking macroeconomic forecasts. The exercise will also assist in identifying any gaps in the macroeconomic, external and domestic debt database and seek ways of filling them and prepare a report on the assessment of HIPC Initiative Eligibility and to senior policy makers. This programme is expected to implement a raft of economic reforms in the country.

Project Objectives

The overall objective of the TA grant is to enable Zimbabwe to undertake a debt sustainability analysis and to formulate a roadmap to accessing debt relief under HIPC; and also (ii) to build national capacity to design, update and implement strategy, construct poverty reduction plans, and carry out portfolio-review analysis and for debt sustainability analysis.

Beneficiaries

The main beneficiary of this support is the Government of the Republic of Zimbabwe.

Participating Organization

Funding
Fragile States Facility
Implementing
GOVERNMENT OF ZIMBABWE MINISTRY OF FINANCE & ECON DEVELOPMENT

Information

IATI identifier 46002-P-ZW-KF0-004
Last Update 29 Sep 2020

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Contact Details

Name MKANDAWIRE Timothy Blackwell Kausipa
Email t.mkandawire@afdb.org

Geographic Location

Country Zimbabwe