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Governance and Economic Resilience Support Program (GERSP)
Details
Location:
Botswana
Status:
Approval
Sectors:
Macro-Economy & Public Finance, Public Sector Governance
Languages:
English
Contracting authority:
Eligibility:
Unknown
Budget:
USD 674,000,000
Date posted:
Apr 14, 2026
Description
Governance and Economic Resilience Support Program (GERSP)
Country: Botswana
Borrower: Republic of Botswana
Financing Type: Public Sector
Instrument: Policy Based Loan
Focus Area: Government & Civil Society
Approved: 18.06.2025
Signed: 12.08.2025
Status: Completed
Loan Administrator: OPEC Fund
Executing Agency: Ministry of Finance and Economic
Co-financiers: AFDB
OPEC Fund Contribution (US$m): 200.00
Total Project Cost (US$m): 504.00
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tender Background
About the Funding Agency
OPEC Fund for International Development
The OPEC Fund for International Development (OFID) is the intergovernmental development finance institution established in 1976 by the Member States of the Organization of the Petroleum Exporting Countries (OPEC). OFID was conceived at the Conference of the Sovereigns and Heads of State of OPEC Member Countries, which was held in Algiers, Algeria, in March 1975. A Solemn Declaration of the Conference "reaffirmed the natural solidarity which unites OPEC countries with other developing countries in their struggle to overcome underdevelopment," and called for measures to strengthen cooperation between these countries.
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
Public Sector Governance
Covers initiatives that strengthen public institutions, improve service delivery, and support transparent, accountable, and effective governance systems.
Key areas:
- Public administration and civil service reform
- Decentralization and local government strengthening
- Anti-corruption and integrity frameworks in public bodies
- Democratic processes, elections, and political institutions
Locations
Botswana
Botswana historically leveraged diamond revenues to build strong institutions, social services and basic infrastructure, contributing to poverty reduction and human development over past decades. In the face of a downturn in the global diamond market and associated fiscal pressures, the government is prioritizing economic diversification and structural reforms to attract investment in services, manufacturing, tourism, renewable energy and digital infrastructure. Significant public investments and plans under the National Development Plan and Botswana Economic Transformation Program aim to upgrade transport, digital networks, and utility systems while expanding renewable energy capacity. However, implementation of infrastructure projects faces challenges including efficiency and planning constraints, underscoring the need for improved governance to ensure public investment translates into sustained inclusive growth.
Nr. of tenders: 7778
Nr. of grants: 3075
Nr. of donors: 592
Nr. of jobs: 22
Nr. of tenders: 7778
Nr. of grants: 3075
Nr. of donors: 592
Nr. of jobs: 22
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