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Niger - Economic Competitiveness and Financial Management Support Project (PACEGEF)

Sector: Oil and Gas • Location: Niger

Source: African Development Bank (AfDB)

Project

The Economic Competitiveness and Financial Management Support Project (PACEGEF) is an institutional support operation that falls within the implementation of the Bank's Country Strategy Paper (CSP) for Niger covering the 2018-2022 period. It therefore complements the Bank's support for implementation of economic and financial reforms under the Support Programme for Reforms and Economic Resilience

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The project “Niger - Economic Competitiveness and Financial Management Support Project (PACEGEF)” is an infrastructure initiative in the Oil and Gas sector, located in Niger. Taiyo aggregates data on it from African Development Bank (AfDB).

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Description

Description

The Economic Competitiveness and Financial Management Support Project (PACEGEF) is an institutional support operation that falls within the implementation of the Bank's Country Strategy Paper (CSP) for Niger covering the 2018-2022 period. It therefore complements the Bank's support for implementation of economic and financial reforms under the Support Programme for Reforms and Economic Resilience (PARRE). PACEGEF is divided into three components, namely: (i) Support for improvement of financial management, planning and transparency in public policies; (ii) Support for governance of productive sectors and private sector development; and (iii) Project management. The project will have a positive impact on the macro-economic framework by increasing budget revenue collection from 14.9% in 2018 to 17% in 2023 and improving the quality of public expenditure with a decline in contracts awarded by direct negotiation from 46.03% in 2018 to less than 15% in 2023. The project will also contribute to improving the business environment and increasing the value added of manufactured products in GDP from 5.7% in 2015 to more than 7% in 2023.

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Source reliability

High

Data quality score

100%

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More Details

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