Source: Zimbabwe – Emergency Power Infrastructure Rehabilitation Programme Phase II Stage II
The Project Development Objective of the ZIMFUND Emergency Power Infrastructure Rehabilitation Phase 2 Stage 2 was highly relevant to the country’s development needs and strategic priorities in the power sector to support sustained economic growth and well-being of the population. It was consistent with the Zimbabwe Agenda for Sustainable Socio- Economic Transformation (Zim-ASSET), Government’s blueprint for development (2013-2018) in which Infrastructure and Utilities continue to be one of the four pillars of the plan. The project addressed the priority areas, rehabilitation of electricity infrastructure, emphasized in the National Energy Policy of Zimbabwe (2012). It was also consistent with the Government of Zimbabwe (GoZ) new Interim Poverty Reduction Strategy Paper (I-PRSP 2016-2018) which builds on the Zim-Asset; the Bank’s 10-Point Plan of August 2015 and sector plans and strategies; and the Sustainable Development Goals (SDGs), 2016-2030). The I-PRSP focused on promoting inclusive growth and poverty reduction through improved policies and interventions, which was consistent with the Zim-Asset Vision – “Towards an Empowered Society and a Growing Economy”.
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