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Seychelles Project Notice - Institutional Support Project For Statistics And Public Expenditure Management (ISP-SPEM)


Project Notice

PNR 71465
Project Name Institutional support project for statistics and public expenditure management (ISP-SPEM)
Project Detail The total Project cost is estimated at UA447,059, including contingencies but net of taxes and duties. The total Bank’s contribution is UA380,000 to be funded under the MIC TAF. The Government contribution is estimated at UA 67,059(15% of the total project cost)and will be provided in the form of expenses related to staffing of the project management, annual audits, and contingencies.. The project is to support to the Government’s efforts to ensure continued good governance, efficiency, accountability, and transparency in the public resources use. These include implementation of and Integrated Financial Management System (IFMIS) and procurement reforms that eliminated the duplication of services provided by different agencies. The project also supports the provision of quality and timely statistics that inform evidence-based planning and decision-making for the well-being of the Seychelles people. Project Objectives The proposed project will finance advisory services and capacity building activities to address institutional capacity for improved statistical production and effective public expenditure management. The project will be structured around three components to support the Government’s efforts in addressing these challenges; namely: (i) Strengthening institutional capacity for provision of quality and timely statistics; (ii) Strengthening capacity for public expenditure management; and (iii) Project management. Beneficiaries The direct project beneficiaries are the National Bureau of Statistics, and Ministry of Finance, National Planning & Trade. The project will provide technical assistance, staff training and mentoring. The project will ultimately indirectly benefit all citizens of Seychelles through building human and institutional capacity in statistics, PFM and promoting good economic governance. In the long term, the positive impact of the project on provision of statistics and public expenditure management transparency and efficiency will also help reduce the transaction cost and ensure sustainability through enhanced capacity of country systems.
Funded By African Development Bank (AfDB)
Sector Industry
Country Seychelles , Eastern Africa
Project Value SCR 380,000

Contact Information

Company Name Ministry of Finance
Address Name Mosllem Ahmed ALAMIR AHMED Email m.ahmed@afdb.org

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