|Approval Date||18 Dec 2019|
|Signature Date||09 Jan 2020|
|Planned Completion Date||30 Sep 2023|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||15124|
The proposed operation relates to the Tax and Accountability Enhancement Project (TAEP). It’s aligned with the Country’s Transitional Stabilization Programme (TSP), 2018-2020, that prioritizes fiscal consolidation, economic stabilization and growth, and employment creation. This operation is an institutional support Project designed to complement the ongoing technical support provided by the IMF and previous Bank Group institutional support projects (i.e. SITA, ISERD, CBPFEM and GISP), and other partners’ interventions, including the World Bank and UNDP managed multi-donor support program for Parliament and Auditor General. The outcome is enhanced tax compliance and efficiency as well as strengthened public accountability to be achieved through installation and functionality of new Tax and Revenue Management System (TaRMS) and improved capacity of the oversight function of Parliament and External Audit. The Project has three components, namely: Tax and Revenue Management System Modernization; Improving capacity of the oversight function of Parliament and External Audit; and Project Management.
The overall development objective is to enhance domestic resource mobilization, public sector accountability and integrity through streamlining and automating tax management systems and strengthening institutional capacity and effectiveness of oversight institutions. The Project will: (a) implement an efficient and reliable TaRMS that is compliant with international best practices; (b) improve operational efficiency in collection of domestic taxes and end user service delivery; (c) enhance information technology management capacities for tax management and administration; (d) Strengthen role of Parliament in reviewing and approving legislation, oversee decision-making and monitoring the actions of the executive; (e) Institutionalize training and capacity building within Parliament; (f) Strengthening capacity of the Office of the Auditor General; and (g) tackling corruption and Illicit Financial Flows.
The direct project beneficiaries are the Zimbabwe Revenue Authority (ZIMRA), the Parliament of Zimbabwe (POZ), and Office of the Auditor General (OAG). The indirect beneficiaries are the people of Zimbabwe and the private sector through (a) reduced time in paying taxes and enhanced service delivery by ZIMRA; (b) a more transparent and accountable public sector service delivery; (c) enhanced capacity to mobilize domestic resources for socio-economic development; and (d) improved participation of civil society through advocacy and public oversight.
African Development Fund
GOVERNMENT OF ZIMBABWE MINISTRY OF FINANCE & ECON DEVELOPMENT
|Last Update||27 Sep 2020|
|Name||CHANGE Evelynne Obonyo|