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Macro-Economic Stabilization Reform
Details
Locations:Egypt
Start Date:Apr 2, 2018
End Date:Apr 1, 2024
Contract value: USD 26,358,763
Sectors: Macro-Econ. & Public Finance
Categories:Consulting services
Funding Agencies:
Date posted:May 8, 2018
Description
Solicitation Number: SOL-263-17-000012
Contract Award Number: 72026318C00002
Title: Macro-Economic Stabilization Reform
Description: The United States Government (USG) represented by the U.S. Agency for International Development (USAID)/Egypt, seeks to develop and implement a program to support the Government of Egypt (GOE) reform efforts included in the GOE agreement with the International Monetary Fund (IMF). These reforms address the macroeconomic imbalances that impacted negatively on the ability of enterprises to grow and become more competitive. More specifically, the purpose of the Macro-economic Stabilization & Reform (MESR) Activity is to support the GOE in : 1) implementing the fiscal consolidation component of the reform plan through upgrading Public Financial Management (PFM) to address the root source of Egypt’s macroeconomic imbalances and instability and 2) improving public investment planning, management, implementation, and monitoring to enhance the productivity of public capital assets and the efficiency and effectiveness of public services.
Scope:
The resulting contract will provide technical assistance, capacity building, and training to relevant stakeholders and counterparts in order to promote macroeconomic stability by improving the process of capital expenditure planning, control and monitoring; upgrading the effectiveness of public financial management; and developing skills for expanding public private dialogue to promote better policy and regulatory reforms addressing macroeconomic imbalances. Stakeholders and counterparts include the Ministry of Finance (MOF), the Ministry of Planning (MOP), business associations, other private sector representatives, as well as other GOE agencies and international organizations working in the area of macroeconomic stabilization. The contractor must collaborate with other development partners (donors) and other USAID contractors to achieve results. Support will also be provided in the form of IT technical assistance to evaluate the current Government Financial Management Information System (GFMIS) and provide recommendations to: a) address any shortcomings/gaps in the system and b) support the full implementation of the GFMIS. Staff training on the implementation of the GFMIS will be also required.
Duration: 5 years