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Third strengthening growth and fiscal policy development policy financing - P164321

Last update: Apr 19, 2022 Last update: Apr 19, 2022

Details

Project End Date:2020-12-31
Location:Sao Tome and Principe
Sao Tome and Principe
Category:Goods, Works, Consulting services, Non-consulting services
Status:Completion and evaluation
Sectors:Macro-Economy & Public Finance
Funding Agency:
Contracting authority type:Government / Public Sector
Eligibility:Organisation & Individual
Budget: USD 5,000,000
Date posted: Dec 17, 2019

Attachments 3

Associated Awards

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Project cycle timeline

STAGES
EARLY INTELLIGENCE
PROCUREMENT
IMPLEMENTATION
Cancelled
Status
Programming
Formulation
Approval
Forecast
Open
Closed
Shortlisted
Awarded
Evaluation

Description

Third strengthening growth and fiscal policy development policy financing - P164321

Hidden
tender Background

About the Funding Agency

The World Bank (USA) is part of an international financial agency that makes loans and grants to governments in low- and middle-income countries to fund capital projects. The United States was a driving force behind the founding of the World Bank in 1944 and it is still the World Bank's largest shareholder today.

The United States contributes to tackling critical international development concerns through the World Bank Group and has a long history of generously supporting the objectives of the World Bank Group and has been a champion of the International Development Association (IDA) which provides low-interest loans and grants to the world's poorest countries. The key U.S. priorities at the World Bank include a multilateral health and economic response to COVID-19, debt sustainability and transparency, promoting governance and fighting corruption, ending energy poverty and supporting a strong emphasis on accountability, transparency and development impact.

About the Sectors

Macro-Economy & Public Finance

Includes initiatives that support macroeconomic stability, sound fiscal policy, and effective management of public financial resources.


Key areas:
  • Macroeconomic analysis and policy support
  • Public finance management (PFM)
  • Government budgeting, taxation, and debt management
  • Economic growth and development strategies

Locations

Sao Tome and Principe

São Tomé & Príncipe continues to invest in transport, port and energy infrastructure to strengthen tourism, fisheries and regional trade potential. As a small island developing state, it faces high costs and limited fiscal capacity, relying on concessional financing and development partners to modernise electricity generation and maritime facilities. Enhancing institutional governance, improving public investment management and expanding renewable energy remain key to strengthening resilience and diversifying the economy.

Nr. of tenders: 6689
Nr. of grants: 2750
Nr. of donors: 549
Nr. of jobs: 28
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