THE UNITED REPUBLIC OF TANZANIA
MINISTRY OF FINANCE
PFMRP IV CASHFLOW
FOR
FINANCIAL YEAR 2014/15
MAY 2014.
1
CASH FLOW FORECAST FOR FINANCIAL YEAR 2014/15
1. APPROVED ANNUAL WORK PLANS
PFMRP approved Annual Work plans and Budget for FY 2014/15 amounts to
TZS 49,101,728,561 of which TZS 600,500,000 are Bilateral Project funds,
TZS 23,031,120,000 are Government funds and TZS 25,470,108,561 are Basket
Funds.
2. SOURCES OF FUNDS
(i) Contributions by Development Partners
The DPs agreed contribution to Basket Funds for the approved
AWP&B for FY 2014/15 is as follows:
DPs Local Currency
Amount in US $
Amount in TZS
DONOR
DFID
3,000,000 GBP
KFW
600,000 EUR
4,800,000
7,824,000,000
840,000
1,369,200,000
Canada
2,000,000 CAD
1,800,000
2,934,000,000
DANIDA
10,000,000 DKK
1,800,000
2,934,000,000
Ireland
1,000,000 EUR
1,400,000
2,282,000,000
Finland
1,200,000 EUR
1,680,000
2,738,400,000
12,320,000
20,081,600,000
Sub Total
Note: Foreign currency transactions have been translated as follows GBP at 1.6USD, CAD at 0.9 USD, EURO at 1.4
USD, DKK at 0.1738 USD and at Ths 1,630 per US $
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The amount expected from projects under bilateral arrangements will amount to
US$ 363,939 from AfDB
(ii)Basket Fund Holding Account balance
The closing balance of the Basket fund Holding Account on 30th June 2014 is
projected to be US$ 1,592,422. It is also expected that refunds of unspent
balances for FY 2013/14 will amount to US$ 1,717,485 being amount expected
from the components due to delays in procurement processes and Laws
enactments, changes in priorities due to PEFA 2013 and Joint Supervision
Mission 2013 and funds from carry over activities. Therefore, the amount
available for PFMRP disbursement from Basket Fund Holding Account for FY
2014/15 is expected to be US$ 15,629,907 equivalent to TZS 25,476,748,561.
This amount is made up of USD 1,592,422 opening balance, US$ 12,320,000
contribution from BF donors and US$ 1,717,485 refund of unspent balances
from components.
2. PROJECTED DISBURSEMENTS FROM BASKET FUNDS TO
COMPONENTS
Based on cash flow projections by Programme components it is expected that
TZS 9,267,042,611 equivalent to US$ 5,685,302 will be required in the 1st
Quarter, an estimate of TZS 8,151,978,649 equivalent to US$ 5,001,214 is
expected for the 2nd Quarter while TZS 5,967,150,299 equivalent to US$
3,660,828 is planned for 3rd Quarter and TZS 2,083,937,002 equivalent to US$
1,278,489 will be required for the last 4th Quarter. A detailed cash flow
projection is attached in the following tables;
Table 1
Table 2
Table 3
Summary CF for Basket Funds disbursements 2014/15- Semi
annually
Detailed CF forecast for Basket funds disbursements- Quarterly
Detailed CF forecast with all sources of funding
(GOT, BF, P) – Quarterly
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