This complex and geographically diverse programme aims to enhance economic growth by fostering a business-enabling environment based on improvements to the legislative and institutional environment relating to private sector growth in ACP countries.

More specifically, the programme will:

• assist ACP countries and private sector institutions to reflect on, and relate to, the rapidly changing international context;
• assist ACP countries and private sector institutions in the formulation of reforms in macro-economic policies and in the legal-regulatory environment;
• support ACP governments and private sector institutions in policy formulation in areas which are essential for the enabling environment of the private sector and state-owned enterprises;
• facilitate efficient coordination and implementation of private sector support instruments and institutions and the complementarities between the private sector and budgetary support interventions.

The programme is intended to improve the capacity of ACP Governments, regional organisations and private sector representatives to identify existing bottlenecks in terms of legal, institutional and financial set up for private sector development. It will also improve the capacity for ACP Governments and private sector institutions to relate more proactively to relevant initiatives such as public-private partnerships, privatisation and poverty reduction through private sector investments.