Project profile — Africa Regional Technical Assistance Centers (AFRITAC) - Phase III



Overview 

CA-3-M013522001
$10,000,000
IMF – International Monetary Fund
2011-03-21 - 2018-11-30
Closed
Global Affairs Canada
YFMInternaAssistPartnershp&Programing Br

Country / region 

• Africa, regional (100.00%)

Sector 

• Government And Civil Society, General: Public finance management (15111) (50.00%)
• Banking And Financial Services: Financial policy and administrative management (24010) (50.00%)

Policy marker 

• Gender equality (not targeted)
• Environmental sustainability (cross-cutting) (not targeted)
• Participatory development and good governance (principal objective)
• Trade development (not targeted)
• Biodiversity (not targeted)
• Climate change mitigation (not targeted)
• Climate Change Adaptation (not targeted)
• Urban issues (not targeted)
• Desertification (not targeted)
• Children's issues (not targeted)
• Youth Issues (not targeted)
• Indigenous Issues (not targeted)
• Disability (not targeted)
• ICT as a tool for development (significant objective)

Description 

CIDA’s support to the Africa Regional Technical Assistance Centers (AFRITACs) facilitates economic growth in Africa by strengthening the ability of national and regional public institutions to manage public finances. The AFRITACs respond to requests from the governments of 44 African countries for macroeconomic technical assistance and training in areas such as central banking, monetary and exchange rate policy, tax policy and administration, and financial statistics. Assistance is delivered through diagnostic and technical missions, regional workshops, and policy and program development support. The AFRITACs are an initiative of the International Monetary Fund, implemented in close collaboration with the African Development Bank and donor countries.

Expected results 

N/A

Results achieved 

Results achieved by the AFRITACS Phase III, with the support of the Government of Canada and other international donors throughout 2015 include: (1) in Burundi, establishment of control procedures using the risk-based supervisory methodology and validation of the CAMELS/ORAP rating process (four officials trained); (2) in Equatorial Guinea, new customs clearance procedures in preparation for ASYCUDA implementation were developed; (3) in Kenya, in May 2016 a five-day workshop on Debt Sustainability Analysis was provided to Kenyan officials from the National Treasury, the Ministry of Planning, the Central Bank, the Bureau of Statistics and the Kenya Institute for Public Policy Research and Analysis (May 16 –20); (4) in Ivory Coast, the frequency of customs fraud was automated, an indicator for the clearance of provisional imputation accounts was established, and the specifications for the renovation of the information system in budgetary management was adopted; (5) in Tanzania and Uganda, Fiscal Transparency Evaluations (FTE) were completed; these assess the fiscal position and risks faced by countries and the extent to which they are recognized, disclosed and managed. The authorities are strongly encouraged to publish the FTEs; and (6) in Ethiopia, Malawi, Rwanda, Tanzania and Uganda, comprehensive tax administration diagnostics and related train was delivered. This training provides a clear understanding of the status of revenue administration assessed against international good practice.

Budget and spending 


Original budget $0
Planned disbursement $0
Transactions
Country percentages by sector
Type of finance Aid grant excluding debt reorganisation
Collaboration type Bilateral
Type of aid Contributions to specific-purpose programmes and funds managed by implementing partners