Central African Republic - Project to Build Economic and Financial Management Capacity (PARCGEF)

PARCGEF is an institution building project to build economic and financial management capacity in CAR. It is a support to implement Government’s Reform Programme, which seeks primarily to strengthen budget credibility and exhaustiveness, and secondarily to improve the business climate as a supplement to IFC actions. It has a nationwide geographic coverage. The project has three components: (i) support to strengthen public finance management organs; (ii) support to strengthen the intervention capacity of private sector support structures; and (iii) project management. It will be implemented over a five-year period from 2011 to 2015. Its total cost is UA 4.5 million.