According to the Bank’s website, the proposed operation is an ADB loan to the United Republic of Tanzania of US$107.8 million to finance the Economic Competitiveness and Social Inclusion Programme (ECSIP). ECSIP aims to support Tanzania's post-COVID-19 economic recovery, which is threatened by spillovers from the impacts of Russia's invasion of Ukraine on energy and food prices. It is the first in a 2-year programmatic series, for the fiscal years 2022/23 and 2023/24. The proposed ECSIP deepens reforms that were introduced through Tanzania's COVID-19 Crisis Response Budget Support Program (2020-2021), and previous Bank financed Good Governance and Private Sector Development Programme Phases I and II (2018-2020). The programme is organised under three components which are complementary and mutually reinforcing: (i) Attaining Fiscal Sustainability; (ii) Private Sector Competitiveness and Climate smart Industrial Development Strengthened; (iii) Enhancing Socio-economic Inclusion. Eventually, the reforms envisaged under this operation will lead to a more efficient and sustainable use of fiscal resources and will create a more conducive climate for entrepreneurs to operate job creating, and value-adding enterprises. This operation builds on the Bank's vast experience in supporting budget support operations in Tanzania in the areas of private sector development, and broader issues of economic competitiveness.
The overarching development objective of the programme is to promote green and resilient recovery by fostering improved economic governance, industrial competitiveness, and reinforcing social inclusion. ECSIP will support GoT to maintain macroeconomic stability to promote economic growth while pursuing reforms that will enhance domestic revenue mobilization, strengthen PFM systems, deepen industrial development (including green practices) and enhance business competitiveness. The programme is also conceived to benefit vulnerable youth and women through reforms that will reinforce the country's socio-economic frameworks.
ACCESS TO INFORMATION
You can submit an information request for project information at: https://www.afdb.org/en/disclosure-and-access-to-information/request-for-documents. Under the AfDBÕs Disclosure and Access to Information policy, if you feel the Bank has omitted to publish information or your request for information is unreasonably denied, you can file an appeal at https://www.afdb.org/en/disclosure-and-access-to-information/appeals-process.
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 email@example.com, firstname.lastname@example.org, email@example.com, and/or firstname.lastname@example.org. You can learn more about the IRM and how to file a complaint at: https://www.afdb.org/en/independent-review-mechanism/