The objective of this TC is to support the GoS in strengthening the analytical and technical understanding of electricity subsidy systems and advancing the transition toward more efficient and better-targeted subsidy mechanisms. The specific objectives are to: (i) assess alternative subsidy and tariff mechanisms and their fiscal, social, and economic impacts; (ii) strengthen the regulatory and institutional framework required to implement the reform; (iii) identify complementary measures to improve sector performance and financial sustainability; and (iv) strengthen the technical capacity of key sector institutions to support the implementation of the reform.
Project Detail
Country
Suriname
Project Number
SU-T1219
Approval Date
-
Project Status
Preparation
Project Type
Technical Cooperation
Sector
ENERGY
Subsector
ENERGY INSTITUTIONAL STRENGTHENING AND CAPACITY BUILDING
Lending Instrument
-
Lending Instrument Code
-
Modality
-
Facility Type
-
Environmental and Social Impact Category (ESIC)
-
Total Cost
USD 700,000.00
Country Counterpart Financing
-
Original Amount Approved
USD 350,000.00