Zimbabwe - Institutional Support for Governance and Public Finance Management Project

The proposed operation is an ADF Grant of UA 2.5 million to the Republic of Zimbabwe to finance the Institutional Support for Governance and Public Finance Management Project. This project complements ongoing Bank interventions in Zimbabwe (i.e. SITA, ISERD, CBPFEM, and TAEP) and will facilitate preparation for further programming in the aftermath of the clearance of arrears. The Bank will thus play a major role in contributing to public sector effectiveness, fiduciary oversight and accountability. The Project has three components: a) Enhancing Public Sector Effectiveness (Public Debt Management and Procurement) b) Promoting Inclusive Governance, Accountability. c) Project Management. It will be implemented over a period of three years from January 2022 to December 2024.