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Wednesday, May 1, 2024
HomeNewsGovt secures $32m World Bank grant for various projects

Govt secures $32m World Bank grant for various projects

…health sector gets US$10m

Government of Zimbabwe has secured a total of US$32 million from the world bank’s  managed trust fund, Zimbabwe Reconstruction Fund (ZIMREF) with the health sector receiving US$10m.

According to a statement prepared by the World Bank, the money will be used to support projects in the public procurement, water and sanitation, public financial management and  maternal and child health areas.

The health sector which for the past years suffered greatly received a US$ 10 million boost.

“An additional US$10 million from the Health Results innovation Trust Fund (HRITF) will complement Zimbabwe’s on going Health Sector development Project that supports the introduction of Results-Based Financing in rural and low- income clinics.

“The project is increasing the coverage key maternal and child health interventions in 18 targeted rural districts serving over 4.5 million people and expanding community involvement in health care management at the local level,” reads the statement.

The public procurement modernization project received a US$1.3 million grant and an additional US$0.6 million technical assistance program from ZIMREF to support the reform of the public procurement system and prepare for the introduction of the e-Procurement in government.

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Finance Minister Patrick Chinamasa (centre seated) signing a series of agreements with the World bank yesterday at Cresta Lodge

“The project is supporting the alignment of the Public Procurement Law with the 2013 Constitution which will help to deconcentrate procurement to the line ministries, department and agencies and build capacity in those entities,” said the World Bank in a statement.

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The national water project received US$ 10 million in grant financing and a complementary assistance grant from the Water and Sanitation Program.

The project which is meant to be implemented by the Ministry of Water, Environment and Climate change and the Zimbabwe National Water Authority (ZINWA), will rehabilitate the water systems in Lupane, Madziwa,Zimunya Gutu, Nembudziya,Guruve and Mataga.

The rehabilitation and expansion of the water systems project is meant to benefit close to 52 000 households amid revelations that many families are bearing the brunts of climate change.

ZIMREF also availed a grant of US 10 million for the first phase of the new public Financial Management Enhancement project.

“This project will support improvements in the financial reporting, internal controls, fiscal transparency and accountability in government finances building on earlier work that helped to resuscitate Zimbabwe’s financial Management information System (IFMIS) and accounting functions,” said the statement.

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