KM-Electricity Sect. Recovery Proj(FY14)

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The Project will help alleviate the electricity sector´s financial burden on the State and will allow the use of those budgetary resources for other key poverty reduction areas such as health, education, infrastructure development, etc. The proposed Project will contribute to the improvement of the quality of electricity supply and will contribute to the generation of urgently needed electricity by supporting the improvement of the power sector enterprises. Additional power will promote greater competitiveness and job creation in Comoros. The Project will also contribute to creating an enabling environment for enhanced private sector activity by reducing the high costs of opening a business (by reducing the need to purchase expensive diesel generators) and supporting infrastructure improvements in the energy sector necessary to support growth.