| 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 |
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.
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.
The main beneficiary of this support is the Government of the Republic of Zimbabwe.
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Funding
Fragile States Facility
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Implementing
GOVERNMENT OF ZIMBABWE MINISTRY OF FINANCE & ECON DEVELOPMENT
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| IATI identifier | 46002-P-ZW-KF0-004 |
| Last Update | 31 Jan 2023 |
| Name | MKANDAWIRE Timothy Blackwell Kausipa |
| t.mkandawire@afdb.org |