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UK - Foreign, Commonwealth Development Office (FCDO)

Supporting the International Monetary Fund (SIMF)

IATI Identifier: GB-GOV-1-300381

Description

Developing countries need to increase their tax take, and maintain stable economic conditions, in order to reduce poverty. SIMF will help developing countries to do this by funding the International Monetary Fund (IMF) to deliver policy advise and capacity development to key government institutions in a range of developing countries. IMF technical assistance will improve revenue administration, public financial management, fiscal and monetary policy, and other areas of economic policy. Assistance will be provided through 6 IMF projects, listed as components of the programme. SIMF will work to enable Governments’ to improve their tax income, budgeting and growth rates, and support an eventual transition away from aid.


Location

The country, countries or regions that benefit from this Programme.
Developing countries, unspecified
Disclaimer: Country borders do not necessarily reflect the UK Government's official position.

Status Implementation

The current stage of the Programme, consistent with the International Aid Transparency Initiative's (IATI) classifications.

Programme Spend

Programme budget and spend to date, as per the amounts loaded in financial system(s), and for which procurement has been finalised.

Participating Organisation(s)

Help with participating organisations

Accountable:Organisation responsible for oversight of the activity

Extending: Organisation that manages the budget on behalf of the funding organisation.

Funding: Organisation which provides funds.

Implementing: Organisations implementing the activity.

Sectors

Sector groups as a percentage of total Programme budget according to the OECD Development Assistance Committee (DAC) classifications.

Budget

A comparison across financial years of forecast budget and spend to date on the Programme.

Policy Marker(s)

ODA measures in relation to their realisation of OECD development policy objectives

Gender Equality significant objective
Aid Targeting the Objectives of the Framework Convention on Climate Change - Mitigation significant objective
Aid Targeting the Objectives of the Framework Convention on Climate Change - Adaptation significant objective

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