Zimbabwe - Tax and Accountability Enhancement Project (TAEP)

The proposed operation relates to the Tax and Accountability Enhancement Project (TAEP). It’s aligned with the Country’s Transitional Stabilization Programme (TSP), 2018-2020, that prioritizes fiscal consolidation, economic stabilization and growth, and employment creation. This operation is an institutional support Project designed to complement the ongoing technical support provided by the IMF and previous Bank Group institutional support projects (i.e. SITA, ISERD, CBPFEM and GISP), and other partners’ interventions, including the World Bank and UNDP managed multi-donor support program for Parliament and Auditor General. The outcome is enhanced tax compliance and efficiency as well as strengthened public accountability to be achieved through installation and functionality of new Tax and Revenue Management System (TaRMS) and improved capacity of the oversight function of Parliament and External Audit. The Project has three components, namely: Tax and Revenue Management System Modernization; Improving capacity of the oversight function of Parliament and External Audit; and Project Management.