REGIONAL INSTITUTIONAL SUPPORT PROJECT ON PUBLIC FINANCIAL GOVERNANCE (RISPFG) ATAF (AFDB-P-Z1-K00-059)

Countries
  • South Africa
Where the impacts of the investment may be experienced.
Financial Institutions
  • African Development Bank (AFDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project 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.
Voting Date
May 13, 2016
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
Government of South Africa- African Tax Administration Forum ATAF
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ AFDB website

Updated in EWS Aug 2, 2017

Disclosed by Bank Nov 23, 2015


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Project Description
Project Components: The proposed project has two mutually reinforcing components: (i) Support for strengthened budget reform and (ii) Enhanced Capacity for Domestic Resource Mobilization. The project will support CABRI Secretariat to train senior officials of budget offices on establishing IFMIS and its use, national planning and budgeting, as well as fiscal management. It will also support ATAF on providing training to RMCs on tax administration and revenue collection. Project description and budget Component 1: Support for strengthened budget reform (UA 2.5 million) Objective: Strengthen the institutional capacity for budget credibility, transparency and accountability. Key activities will include: "Development of an aide management framework for Senegal "Twining two countries to learn from one another on transparency and accountability; "Creation of PFM knowledge Hub (Centres of excellence); "Institutional Capability building on budget credibility. Component 2: Enhanced Capacity for Domestic Resource Mobilization (UA2.5 million) Objective: Improve domestic resource mobilization capacity. Key activities will include: "Improving Extractive Industry Taxation and regulatory framework; "Improving revenue collection by reducing miss-Invoicing or miss-pricing; "Supporting countries on setting up incentives for investors; "Setting up a Tax Unit to provide Strategic Partnership with African Institutions to provide advice on Tax; Component 3: Project Management Support (UA 500,000)This will finance monitoring and evaluation activities, audit, hiring a procurement officer, and M&E specialist, staff training and operating costs.
Investment Description
  • African Development Bank (AFDB)
Contact Information
PROJECT CONTACT MATILA Mothobi P.S. - RDGS4 No email provided 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/.