Tanzania - Good Governance and Private Sector Development Programme (GGPSDP)

This operation is the first phase of the Tanzania Good Governance and Private Sector Development Program (GGPSDP) for the fiscal year 2017/18. The GGPSDP is designed as a programmatic series of two consecutive general budget support operations (GBS) covering the two-year period 2017/18 and 2018/19, for a total indicative financing package of UA 80 million. The program responds to the need for Tanzania to improve the investment climate and overall business environment in order to build a strong foundation for the economy’s capacity to generate inclusive growth. More specifically, the key areas of reform supported by the program are as follows: (a) Improving the business environment for private sector development; (b) improving public financial management, with focus on enhancement of budget credibility in order to sustain macroeconomic stability; and (c) improving oversight functions, with particular emphasis on strengthening procurement systems and audit services.