Banking, Finance, Insurance and Securities (BFIS) Services Education and Training

Strengthening Public Financial Tender

🏛️ FEDERAL MINISTRY FOR ECONOMIC COOPERATION AND DEVELOPMENT BMZ
📄 Tender ID: 509822067 📅 Published: 25 Oct 2024

📋 Tender Overview

project details
Project number:
2021.2083.0
Status:
ongoing project
Responsible organizational unit:
1300 Southern Africa
Contact person:
Lukas Fischer lukas.fischer@giz.de
Partner countries:
Malawi
Summary
Goals:
Malawi's public finance management has been strengthened in terms of efficiency and regularity of budget execution, contract management and revenue collection.

Client:
Federal Ministry for Economic Cooperation and Development

Project partners:
Ministry of Finance, Economic Planning & Development

Financier:
not available


order volume
Overall project:
(including all previous, current and subsequent project phases, if applicable)
51,442,791 euros
Current project:
18,850,000 euros
combined financing
European Union (EU): 9,500,000 euros


predecessor project
2017.2025.9

Strengthening public financial management

successor project
not available

Duration
Overall project:
(including all previous, current and subsequent project phases, if applicable)
07.07.2004 - 31.03.2028
Current project:
01.04.2022 - 31.03.2028
Other parties involved
not available

More information
project website
not available

development policy identifiers
gender equality
Significant secondary goal

Democratic and inclusive governance
main goal

CRS key
15111 Public Finance Management

evaluation
not available

Project Description (DE)
• Initial situation

Malawi is one of the poorest countries in the world. Few people believe that the government can improve this situation. Distrust is fueled by the perception of widespread corruption. Low taxes and high national debt drastically limit the government's financial scope for pursuing political goals.

Reform of public finance management is high on the government's agenda. The focus is on the legal framework and the new Integrated Financial Management and Information System (IFMIS). This IT system is used for planning, implementing and monitoring the budget, as well as for reporting.

• Objective

Those responsible for the public finance system improve their financial scope for action. Public funds are used more effectively to reduce poverty.

• Approach

The political sponsor of the project is the Ministry of Finance and Economic Affairs in Malawi. Other important partners are the Office of the President and Cabinet (OPC), the Malawi Revenue Authority (MRA) and training institutions.
Key project activities with the Ministry of Finance and Economy include training for IFMIS users in government ministries, departments and agencies, and advising on IFMIS risk management.
The project supports the MRA in preventing taxable profits from flowing out of Malawi. It also advises the MRA on digitizing tax administration and public relations. Registering taxpayers and properly assessing tax liability promotes the collection of own revenue. This in turn helps the government to finance its development policies.
In the OPC, the project provi

🔍 Key Information

📄
Tender Reference No.
509822067
📅
Publication Date
25 Oct 2024
💰
Estimated Value
N/A
🌐
Sector
Banking, Finance, Insurance and Securities (BFIS)
📅
Deadline
31 Mar 2028
📝
Notice Type
Projects
📍
Location
Germany
📑
Contract Duration
3 Years 5 Months 6 Days

📁 Documents & Downloads

No documents found

🏷️ CPV

No CPV found

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🕒 Submission deadline
502
days remaining · 31 Mar 2028
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🧭 Quick Facts

Authority FEDERAL MINISTRY FOR ECONOMIC COOPERATION AND DEVELOPMENT BMZ
Country Germany
State / UT N/A
Tender Type Project Information
Currency N/A
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