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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
Map

Project Information

Project Status
Completed
Mozambican Project Number
Fonte de Recurso
251BAD
Actual Start - End
2008-01-01 / 2010-12-31
Planned Start - End
2009-01-01 / 2010-12-31
Date of Signature of MoU/Contract
n/a
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