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NewsDay

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Zimbabwe Reconstruction Fund launches $32m facility

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The government and World Bank-managed Zimbabwe Reconstruction Fund (Zimref) yesterday launched a $32 million facility to fund several programmes, among them water and sanitation, public financial management (PFM) and maternal and child health.

The government and World Bank-managed Zimbabwe Reconstruction Fund (Zimref) yesterday launched a $32 million facility to fund several programmes, among them water and sanitation, public financial management (PFM) and maternal and child health.

VICTORIA MTOMBA

Zimref said the funding was being provided by Denmark, the European Union, Norway, Sweden, Switzerland, the United Kingdom and the World Bank’s State and Peace Building Fund.

It said all the projects will be implemented directly by government institutions for the first in many years in line with the findings of the Assessment of the Zimbabwe PFM System for Investment Lending Projects.

“The public procurement modernisation project will receive a $1,3 million grant and $600 000 technical assistance programme from Zimref. The $2 million is programmed to support the roll-out of an e- procurement pilot in key ministries and agencies,” the World Bank said in a statement.

“Zimref will also provide a $10 million grant for the national water project and a complementary technical assistance grant from the water and sanitation programme. This grant is the first phase of a planned $20 million project which aims to improve access and efficiency in water services in selected growth centres.”