Project card

Project category

Strategies and development programmes,Expertise and research work,

Project title

Support to Public Finance Reform Steering Committee (COREF) in guiding the implementation of reforms in Congo

Country:

Congo, Dem. Rep.

Principal:

European Commission

Beneficiary:

Democratic Republic of Congo, Public Finance Reform Steering Committee (COREF)

Project description:

The Democratic Republic of Congo is emerging from a long period of crisis that has undermined its institutions and its economy. One of the overall objectives of the DRC is to sustainably improve governance so that it serves the objectives of socio-economic development and of the fight against poverty. Although the economic growth regained in the early 2000s is quite stable, it remains at levels most often insufficient to obtain a significant decline in poverty (estimates for 2009 are less than 3%). Despite the efforts over the past years including especially the introduction of an Computerised Expenditure System, important reforms are still needed in order to end the shortcomings highlighted in several studies, including the PEFA diagnostic of 2008. General Objective : To contribute to the improvement of the public finance management in the DRC, by strengthening the bodies in charge of the guiding and coordination of the Public Finance Reforms. Specific Objective: To contribute to the effective start up and to the strengthening of COREF’s capacities in coherence with its tasks.

Start date: 2010-07-01

End date: 2011-04-30