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Title:
Kenya - Competitiveness and Economic Recovery Support Programme II (CERSP-II)
Detail:
Competitiveness and Economic Recovery Support Programme II (CERSP-II) is the second phase of the two-year programmatic operation covering fiscal years from 2020/21 to 2022/23. It concerns the strengthen resilience and support inclusive post-pandemic economic recovery through improved economic governance and enhanced industrial development and competitiveness. The key outputs of the CERSP-II are (i) anti-money laundering frameworks strengthened; (ii) E-Government procurement advanced; (iii) fiscal commitment and contingent liabilities framework enhanced; (iv) monitoring of state owned enterprises improved; (v) increased budgetary allocations towards the development of special economic zones (SEZs); (vi) monitoring public investment management enhanced; (vii) single registry for social protection implemented; and (viii) universal access to affordable and quality health services advanced. The project primely contributes towards climate adaptation result. As such 60% of the total approval is attributed as climate finance, out of which USD 57 million adaptation finance.
Country:
Kenya
Source:
African Development Bank Group
Published Date:
28.06.2022
URL:
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Regions:
Africa Sub-Saharan Africa
Sectors:
Construction Computer Hardwares and Consumables Marine
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