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Institutional Support Project for Governance, Economic Management and Poverty Reduction

The present intervention concerns the Institutional Support Project (ISP) for Governance, Economic Management and Poverty Reduction. It's designed to help mitigate the cumulative effects of the deteriorating situation and the disruption of the country's administrative apparatus. This project is expected to strengthen the capacity of the public administration in economic management and governance, with a view to reducing poverty. It also aims at putting in place an adequate logistical infrastructure in the beneficiary institutions and the establishment of an adequate institutional framework and working procedures between relevant public sector institutions, required for the effective and efficient fulfillment of tasks and responsibilities of public servants in the abovementioned areas. In addition, the project aims at putting in place an effective project implementation team, including an adequate monitoring and reporting framework. It comprises five main components, namely: 1) strengthening capacity for macro-fiscal analysis and policy formulation, and revenue collection/monitoring; 2) strengthening capacity for budget preparation and monitoring of budget execution; 3) strengthening capacity for national/sectoral strategic planning/programming and monitoring/evaluation; support to the PRS process; 4) strengthening capacity for the application and effective delivery of the rule of law; and 5) project management.

The project objectives consist in developing competencies and skills of public servants in the areas of (i) macro-fiscal policy analysis and formulation, revenue collection and monitoring; (ii) budget preparation and monitoring of budget execution; (iii) national and sector strategy and project planning and programming as well as monitoring and evaluation of implementation progress, and support to the preparation of a Poverty Reduction Strategy (PRS); and (iv) application of the rule of law, including court room management, administration and delivery of justice.

The main beneficiaries of the project are: the Ministry of Finance through the Macro-Fiscal Unit and the Revenue Department; the Budget Office; the Ministry of Planning and Economic Affairs; as well as the Judiciary.

Project ID

46002-P-LR-K00-003

Activity status

3 - Completion

Aid type

D02 - Other technical assistance

% to Liberia

100.00

Organisations

Implementing

Ministry of Finance

Extending

Government of Liberia

CRS code	%
Multisector aid (43010)	100.0