Gambia - Institutional Support for Economic and Financial Governance Phase III Project

The Institutional Support for Economic and Financial Governance Phase III Project (ISEFG III) is designed to strengthen the capacities of key public institutions engaged in public financial management. The project will help consolidating the gains from the previous two phases (ISEFG I & II) and address the new emerging challenges. The project aims to promote inclusive growth and macro-economic stability by enhancing domestic resource mobilization and reinforcing fiscal discipline through improved transparency, efficiency, and effectiveness of resource allocation and execution in line with pro-poor policies. It is anchored around the recommendations from the 2014 PEFA (Public Expenditure and Financial Accountability) and the priorities of the Public Financial Management Reforms Comprehensive Strategy (2012-2016). In the short run, the expected project outcomes are: (i) enhanced domestic resources mobilization; and (ii) greater strategic allocation, expenditures control, transparency, and scrutiny of government budget. In the long run, this will strengthen and leverage the impact of the national budget on delivery of services, and poverty reduction more broadly.