African Development Bank (HQ)

Economic Recovery Support Programme (PARE)

Last update: Sep 8, 2020 Last update: Sep 8, 2020

Details

Location:Chad
Chad
Category:Unspecified/other
Status:Completion and evaluation
Sectors:Macro-Economy & Public Finance, Private Sector & Trade
Contracting authority type:Government / Public Sector
Eligibility:Unknown
Budget: USD 22,500,000
Date posted: Sep 8, 2020

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Associated Awards

Project cycle timeline

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

Description

Chad - Economic Recovery Support Programme (PARE)

The overall objective of PARE is to help create the conditions for sustainable economic recovery in Chad by improving public finance management and enhancing the investment climate. This objective is all the more relevant since it provides a strong response aimed at mitigating the impact on the Chadian economy of the significant drop in oil prices observed from 2014 onwards. To support a sustainable resumption of the country's economic growth, PARE focuses on promoting public and private investments, which are essential vectors for economic recovery. The relevance of the programme also lies in its response to implementation of the National Development Programme (NDP 2017-2021), thanks to the strengthening of budget management, and through reforms to increase domestic revenue and enhance expenditure rationalization.

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Funding agency:
AfDB
Status:
completion and evaluation
Location:
Angola, Burundi, Cameroon, Central African Republic, Chad, Congo, Dem. Rep. Congo, Equatorial Guinea, Gabon, Sao Tome and Principe
Funding agency:
WB
Status:
completion and evaluation
Location:
Benin, Burkina Faso, Cameroon, Chad, Cote d'Ivoire, Guinea, Mali, Niger, Nigeria
tender Background

About the Funding Agency

The African Development Bank is a regional multilateral development finance institution, established in 1963, with a mandate to further economic development and social progress of African countries, individually and collectively. 80 member countries including all the 54 African countries and 26 non-African countries in the Americas, Europe and Asia own the Bank. 

The Bank's principal functions include:
  1. using its resources for the financing of investment projects and programs relating to the economic and social development of its Regional Member Countries (RMCs);
  2. the provision of technical assistance for the preparation and execution of development projects and programs;
  3. promoting investment in Africa of public and private capital for development purposes; and (iv) to respond to requests for assistance in coordinating development policies and plans of RMCs. In its operations, the Bank is also required to give special attention to projects and programs that promote regional integration.
The Bank began its operations from its headquarters, in Abidjan, Côte d’Ivoire on July 1, 1966. For the purpose of its operations, the Bank also maintains Regional Resource Centers and Field Offices within RMCs.
 
For projects financed by the Bank resources, the charter requires suppliers for contracts for institutional activities and projects to be nationals of a member country. Only bidders from a member country of the Bank are eligible to participate in the procurement process. For goods to be eligible, they must originate from a member country.

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

Private Sector & Trade

Entails initiatives that promote entrepreneurship, strengthen competitive markets, and expand domestic and international trade opportunities.


Key areas:
  • Private sector development and SME/MSME support
  • Entrepreneurship, start-ups, and business growth initiatives
  • Trade facilitation, import/export, and market access
  • Commerce, retail/wholesale, and free trade mechanisms

Locations

Chad

Chad has unveiled an ambitious national development blueprint aimed at attracting up to $30 billion in public and private investment through 2030 to accelerate growth across roads, electricity, digital infrastructure and agriculture. Supported by the IMF and World Bank, the plan seeks to diversify the economy beyond oil, expand essential infrastructure, and increase private sector participation. Improved regulatory frameworks and governance reforms are expected to enhance the investment climate and translate financing into broader economic transformation.

Nr. of tenders: 11152
Nr. of grants: 3154
Nr. of donors: 625
Nr. of jobs: 48
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