Zimbabwe - Support for Arrears Clearance and Governance Enhancement

This intervention concerns the Support for Arrears Clearance and Governance Enhancement (SACAGE) project. It aims to improve arrears clearance, sustainable debt management and oversight, thereby contributing to macroeconomic stability and fiscal consolidation. The project will strengthen capacities of the beneficiary institutions through provision of technical assistance, development databases, training and procurement of ICT hardware and software. The proposed project will provide technical assistance to effectively implement the arrear clearance and debt resolution strategy. The project has three components, namely (a) Enhanced capacity on arrears clearance and debt management; (b) Strengthened accountability and oversight; and (c) Project management. Arrears clearance and sustainable debt management are critical for macroeconomic stabilisation and fiscal consolidation while combating corruption and strengthened oversight prerequisites prudent use of public resources and re-engagement with the international community.