The present intervention concerns the Guinea Project for Digitisation of Government Payments in the Mano River Union (DIGIGOV_MRU) countries. This project is implemented in three countries, namely: Guinea, Sierra Leone and Liberia. It aims is to create within the targeted countries a digital payments ecosystem that will ensure public resource management transparency, security and optimisation. The planned actions aim to improve the quantity and quality of social public investments and access by the populations to basic financial services and also to improve their living conditions and reduce poverty. This is also a pilot project set up to build the capacities of States in transition to implement their domestic resource mobilisation and financial inclusion strategy. The main expected outcomes are to: (i) develop public tax compliance; (ii) establish a digital payments ecosystem; (iii) increase the contribution of taxes and duties to GDP from 13.4%, 10.6% and 12.9% to 17%, 11.2% and 14.5% respectively in Guinea, Sierra Leone and Liberia while lowering the tax burden in favour of a broader tax base; (iv) increase the financial inclusion rate by over 6% on average; (v) ensure secure public resources management with some degree of transparency and (vi) create an enabling environment for the mass digitisation of all types of payments (G2P, P2G etc.). The main expected impacts for the direct beneficiaries concern their financial and social inclusion as well as improvement of their living conditions. The project comprises three main components namely: (1) Creation of an enabling environment for the digitisation of mass payments; (2) Protection of target populations and establishment of a secure payments solution; (3) Coordination, management, and monitoring and evaluation.

Guinea

African Development Bank Group

Africa Sub-Saharan Africa Western Africa

Construction Energy-Power and Electrical Computer Hardwares and Consumables

24.11.2019

Original Url