Business Environment Strengthening Technical Assistance (BESTAP)

closed

Closed

The objective of the Project is to support capacity development and investment climate reforms in order to accelerate economic growth. This project is one instrument by which the Bank seeks to achieve an improved climate for private business. This will be done by reducing the regulatory burden and costs of doing business; improving service delivery to the private sector; access to finance for SMEs; and by strengthening support for technical and business management skills, thereby improving productivity and competitiveness at the firm level. There are four components to the Project. Component 1, Strengthening private property rights institutions and business facilitation, will support activities which aim to improve the regulatory environment in which the private sector operates, to strengthen the institutions that protect private property rights and allow speedy and low cost business facilitation; Component 2, Strengthening private sector development support institutions and services, will build capacity in institutions .that provide essential services to the private sector in order to improve the quality and volume of services delivered, and to strengthen institutions that provide policy direction on private sector development issues; Component 3, Promoting access to finance and productivity enhancement, is to support the growth and development of micro and small enterprises, into this middle market; Component 4, Capacity building and implementation support, will fund the following activities: (i) provision of a procurement specialist, financial management specialist, M&E specialist, project manager and support staff; and (ii) operational costs and goods necessary for project implementation support.

FY17 - Financial Sector,FY17 - Industry, Trade and Services,FY17 - Public Administration

World Bank Group

Project

Commercial, Government