Central African Republic - Project to support public-private dialogue in the Central African Republic

The proposed operation concerns a grant of UA 1 million to the Central African Republic (CAR), under Pillar III of the Transition Support Facility (TSF), for the implementation of the Public Private Dialogue Support Project (PADPP). Indeed, the country faces many challenges, including the mobilisation of sufficient resources to finance its National Recovery and Peacebuilding Plan for the Central African Republic (RCPCA) and the development of the private sector to make it the main engine of the structural transformation of the economy. The justification for the PADPP also lies in the need to continue the support that the Bank has provided to CAR in the areas of governance and public finance management as well as in improving the business climate. The needs in terms of capacity building were assessed in a participatory manner with the various stakeholders and some Technical and Financial Partners (TFPs). Within the framework of the PADPP, the Bank intends to consolidate its commitment in CAR to strengthen governance in order to support increased mobilisation of domestic resources and promotion of the private sector. The PADPP is thus divided into three (3) components: (i) Capacity building for public-private dialogue; (ii) Strengthening the implementation of fiscal policy; and (iii) Project management. The project will contribute to the improvement of the living conditions of the population by helping to improve the business climate (by reducing the time needed to pay taxes and increasing the formalisation of SMEs) while contributing to the efficiency of the tax policy (by reducing tax expenditure). The implementation period is thirty (30) months.