Mozambique - Economic Governance and Inclusive Growth Program (EGIGP) – Phase II

The present project is the second phase of the Mozambique Economic Governance and Inclusive Growth Program (EGIGP II). This operation is the second in a programmatic series of three consecutive general budget support (GBS) operations covering 2014-2016. This second phase follows the first one, called "EGIGP I", whose progress in the implementation of the reforms, contributed to improve the business climate and to enhance transparency in the PFM system and the management of extractive industries. EGIGP II will support government to deepen reforms supported under EGIGP I including: (a) measures to expand the integrated one-stop-shop network (e-BAUs, which are already being piloted to support streamlined business procedures); (b) implementation of the 2013 Competition Law, through the adoption of the regulations and establishment of a new competition authority aimed at facilitating market entry and ensuring a level playing field; and (c) adoption of regulations for e-banking and mobile banking services in order to promote inclusion in rural areas. The estimated cost of this operation is USD 247.2 million.