Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Zimbabwe
Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • African Development Bank (AFDB)
Status: Approved
Bank Risk Rating: U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Board Decision Date: 2017-01-24
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower or Client: GOVERNMENT OF ZIMBABWE MINISTRY OF FINANCE & ECON DEVELOPMENT
The holder of the loan, grant, or other investment.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Law and Government
  • Technical Cooperation
Investment Amount (USD): $ 4.16 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.

Currency conversion note:
Bank reported UAC 3.00 million
Converted using 2017-01-24 exchange rate.
Project Cost (USD): $ 4.16 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

Currency conversion note:
Bank reported UAC 3.00 million
Converted using 2017-01-24 exchange rate.

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Primary Source

Original disclosure @ AFDB website
Updated in EWS: 2017-07-03
INSTITUTIONAL SUPPORT FOR STATE ENTERPRISES REFORMS AND DELIVERY PROJECT (ISERDP)
AFDB-P-ZW-KF0-008

Project Description
The development objective of the proposed project is to support Government to strengthen the result based management system focusing on planning and budgeting and results monitoring. The project has two components: (i) Strengthened Result Based Management System; and (ii) Reviewed State Enterprise and Parastatals Performance. The activities are summarized in Table I below and details in Annex I and Annex VI. Table 1: Project Description Governance and Institutional Strengthening Project II (GISP II) UA 3.0 million Component 1: Strengthened Result Based Management System (UA 1.25 million) Objective: Strengthen accountability, transparency, oversight, management for results in national development agenda and improve service delivery. The project will cover training, ICT equipment and technical assistance. Key activities will include: -Technical assistance to develop an a integrated national planning and annual budgeting process legal framework -Training for facilitation of a participatory planning and budgeting process -Training on evidence-based planning and budgeting -Training on macroeconomic planning and resource allocation -Training on designing realistic expected results for development -Technical assistance to review the ZimASSET with a view to improve indicators and targets for results monitoring -Training on linkages between national policies and priorities with budgeting -Technical assistance to develop M&E system for results monitoring -Technical assistance to develop RBM oProvision of ICT equipment for M&E Component 2: Reviewed State Enterprise and Parastatals Performance (UA1.25 million) Objective: Improve efficiency, effectiveness and operations of the State Enterprises and Parastatals. Project will support training, ICT equipment and technical assistance. Key activities will include: -Technical assistance to review a select number of parastatals' relevance to current conditions -Technical assistance to undertake performance audit for a select number of parastatals -Technical assistance to review the proposed turn-around strategies for the selected parastatals -Capacity building for SERA and selected parastatals -Training on Corporate Governance implementation -Provision of ICT equipment for selected SEPs and SERA -Training on M&E framework development oTechnical assistance to develop a SEPs reform framework Component 3: Coordination and Institutional Support to the Implementing Agency UA0.5 million This will finance monitoring and evaluation activities, staff training, audit, and operational activities of the Project Management Unit (PMU).
Investment Description
Contact Information
ACCOUNTABILITY MECHANISM OF AfDB The Independent Review Mechanism (IRM), which is administered by the Compliance Review and Mediation Unit (CRMU), is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an African Development Bank (AfDB)-financed project. If you submit a complaint to the IRM, it may assist you by either seeking to address your problems by facilitating a dispute resolution dialogue between you and those implementing the project and/or investigating whether the AfDB complied with its policies to prevent environmental and social harms. You can submit a complaint electronically by emailing crmuinfo@afdb.org, b.kargougou@afdb.org, b.fall@afdb.org, and/or s.toure@afdb.org. You can learn more about the IRM and how to file a complaint at https://www.afdb.org/en/independent-review-mechanism/.