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Project Fact Sheet for P-MZ-K00-004
- Project / Programme Title
- POVERTY REDUCTION SUPPORT LOAN
- Brief Project Description
- In the medium-term, through PARPA II, the Government aims to reduce poverty headcount from 54% to 45% between 2005 and 2009. It will promote human well being and economic development through rapid, inclusive and broad-based growth. During the next four years the Government envisages carrying out the second ‘wave’ of institutional reforms whilst providing the country with suitable economic and social infrastructure to address the main bottlenecks to private sector development. The ADF’s proposed loan will deepen the Bank Group’s support for the Government’s reform agenda in: (i) ensuring sound macroeconomic management whilst strengthening public financial management; (ii) improving the quality of public services delivered to citizens, and; (iii) undertaking legal and justice reform including private sector development. In this, the PRSL will help implement the PARPA II. The PRSL constitutes an operation to align the policy agenda supported by the Bank Group and other donors with the national priorities as articulated in the PARPA II. In order to be more harmonised with other donors, the operation has been designed as a UA 60 million two tranche operation. The first tranche is for the national budget year 2006, expected to be released in December 2006, and the second tranche is for the budget year 2007, expected to be released in May 2007. The operation fills an identified financial gap (within the PARPA II, and Medium Term Fiscal Framework (MTFF)). While the PRSL operation will provide financial support for implementation of PARPA II, it will disburse against the upfront completion of a number of specific reform measures identified in the PAF.
- Donor
- ADB
- Donor Agency / UN Agency
- Banco Africano de Desenvolvimento
- Government Counterparts
-
- Direcção Nacional do Tesouro
Project Information
- Project Status
- Completed
- Mozambican Project Number
- Fonte de Recurso
- 251BAD
- Actual Start - End
- 2006-11-30 / 2007-12-31
- Planned Start - End
- 2006-11-30 / 2007-12-31
- Date of Signature of MoU/Contract
- 2006-11-02 00:00:00 UTC
- National / Regional
- National
- Type of Implementation
- Multilateral
- Project Contact Person
- Mr. Duarte da Silva | +216 71 333511 | d.dasilva@afdb.org
- Project Internet Link
- Comments
- Sources of Finance ADF=UA60 million Other=UA439 million
Funding Information
- Aid Modality
- General Budget Support
- Currency
- BUA
- Type of Funding
- Loan
- On/Off Budget
- On Budget
- On/Off Treasury
- Off Treasury
- Funding Totals
-
- Disbursements
- 64,260,000 EUR
- Commitments
- 64,260,000 EUR
- Undisbursed
- 0 EUR
- Historic Funding
-
- Disbursements
- 0 EUR
- Commitments
- 0 EUR
- Funding 2007
-
- Disbursements
- 44,680,000 EUR
- Commitments
- 67,020,000 EUR
- Disbursements 1st Quarter
- 0 EUR
- Disbursements 2nd Quarter
- 0 EUR
- Disbursements 3rd Quarter
- 44,680,000 EUR
- Disbursements 4th Quarter
- 0 EUR
- Funding 2008
-
- Disbursements
- 21,160,000 EUR
- Commitments
- 0 EUR
- Disbursements 1st Quarter
- 0 EUR
- Disbursements 2nd Quarter
- 21,160,000 EUR
- Disbursements 3rd Quarter
- 0 EUR
- Disbursements 4th Quarter
- 0 EUR
Classification
- Channel of Delivery
-
- Direcção N. do Tesouro
- Sectors
-
- 100.0%
-
51000 General Budget Support
51010 General budget support
- MDGs
-
- Poverty
- Focal Regions
- National