Project Fact Sheet for P-MZ-K00-007

Project / Programme Title

POVERTY REDUCTION SUPPORT LOAN II

Brief Project Description

The program will assist in covering the budget’s funding deficit and thus contribute towards the funding of the PARPA II’s reform program and the maintenance of Mozambique’s macroeconomic stability through its provision of foreign currency. The deepening of the reform program especially in the areas of PFM and decentralisation is intended to directly benefit government’s accountability institutions such as the Supreme Audit Institution and Internal Control Units (ICUs) within ministries, plus the District Consultative Councils (DCCs). Indirect beneficiaries of the program include the rural poor because of the potential for enhanced voice through representation in DCCs. For a country that is 172 out of 177 on the Human Development Index, improved resource flows also create budget room for government to fund basic needs for the population; thus contributing towards the attainment of the MDGs by 2015.

Donor

ADB

Donor Agency / UN Agency

Banco Africano de Desenvolvimento

Government Counterparts

• Direcção Nacional do Tesouro

Map

Project Information

Project Status

Completed

Mozambican Project Number

Fonte de Recurso

251BAD

Actual Start - End

2008-12-17 / 2010-12-31

Planned Start - End

2009-01-01 / 2010-12-31

Date of Signature of MoU/Contract

2008-11-17 00:00:00 UTC

National / Regional

National 

Type of Implementation

Multilateral 

Project Contact Person

Mr. Carlos Mollinedo | c.mollinedo@afdb.org 

Project Internet Link

 

Comments

 

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 2008

Disbursements

21,160,000 EUR

Commitments

63,480,000 EUR

Disbursements 1st Quarter

0 EUR

Disbursements 2nd Quarter

0 EUR

Disbursements 3rd Quarter

0 EUR

Disbursements 4th Quarter

21,160,000 EUR

Funding 2009

Disbursements

19,480,000 EUR

Commitments

0 EUR

Disbursements 1st Quarter

0 EUR

Disbursements 2nd Quarter

19,480,000 EUR

Disbursements 3rd Quarter

0 EUR

Disbursements 4th Quarter

0 EUR

Funding 2010

Disbursements

18,680,000 EUR

Commitments

0 EUR

Disbursements 1st Quarter

0 EUR

Disbursements 2nd Quarter

18,680,000 EUR

Disbursements 3rd Quarter

0 EUR

Disbursements 4th Quarter

0 EUR

Funding Forecast 2010

Disbursements

18,680,000 EUR

Commitments

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