| Org. De Financement | Engagements |
|---|---|
| Borrower/Recipient | 0.50 |
| IDA Grant | 9.00 |
Project to Strengthen budget execution and financial reporting systems
Résumé*
The objective of the Project to Strengthen budget execution and financial reporting systems for Marshall Islands is to improve the completeness, reliability and timeliness of Government’s annualfinancial statements, and the availability of reliable socioeconomic statistics. The project has 5 components. 1. Strengthening the public financial management environment component will improve the legal and regulatory framework of the Public Financial Management... Voir plus
Objectif de développement
The objective of the project is to improve the completeness, reliability and timeliness of Government’s annual financial statements, and the availability of reliable socioeconomic statistics.
Clé Détails
Projet Détails
P163131
Active
Bonnie Sirois , Elena Georgieva-Andonovska, Pike Aye
The Republic of the Marshall Islands
29 septembre 2017
(à la date de présentation au Conseil)
30 mai 2018
1 octobre 2018
USD 9.50 millions
Ministry of Finance
2018
USD 9.00 millions
B
6 juin 2024
31 mars 2025
Yes
BANK APPROVED
Finances
Plan De Financement (Millions De Dollars)
Financement total du projet (USD millions)
| Type de produit/service | BIRD/IDA |
|---|---|
| Engagement BIRD | N/D |
| Engagement IDA | 9.00 |
| Engagement BIRD + IDA | 9.00 |
| Instrument de prêt | |
|---|---|
| Élément don | N/D |
| Coût total du projet** | 9.50 |
État récapitulatif du financement de la Banque (USD millions) au 28 février 2025
Pas de données disponibles.
Activité financière détaillée au 28 février 2025
Pas de données disponibles.
Ratings
EXÉCUTION DU PROJET
| Name | Review | Date |
|---|---|---|
| Overall Safeguards Rating | Satisfactory | 2024-11-20 |
| Monitoring and Evaluation | Moderately Satisfactory | 2024-11-20 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2024-11-20 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2024-11-20 |
| Procurement | Moderately Satisfactory | 2024-11-20 |
| Project Management | Moderately Satisfactory | 2024-11-20 |
| Financial Management | Moderately Satisfactory | 2024-11-20 |
FIN D’EXÉCUTION DU PROJET
Pas de données disponibles.
NOTATION DE L’ÉVALUATION INDÉPENDANTE
Pas de données disponibles.
Cadre de résultats
INDICATEURS DES OBJECTIFS DE DÉVELOPPEMENT DU PROJET
| INDICATEUR | NIVEAU DE RÉFÉRENCE | EN COURS | OBJECTIF |
|---|
PDO-1: Completeness, quality and timeliness criteria met for Annual Financial Statements by MoF Valeur Single audit submission deadline (9 months after y Year 4 target delayed, FY23 will be the first year AFS for FY2022 submitted for audit by Dec 31, 2022 Date 29 juin 2018 31 mars 2024 30 juin 2023 Observation PDO-2: Production, publication of statistical abstract featuring key findings from the HIES Valeur No HIES data available since 2002 Achieved Statistical abstract featuring key findings from H Date 29 juin 2018 31 mars 2024 31 mars 2021 Observation PDO-3: New FMIS used for preparation of budget and recording of revenue and expenditure transactions Valeur Accounting software 4-Gov in use but being phased Achieved New FMIS used for recording revenue and expenditur Date 29 juin 2018 31 mars 2024 31 juillet 2023 Observation
INDICATEURS DE RÉSULTATS INTERMÉDIAIRES
| INDICATEUR | NIVEAU DE RÉFÉRENCE | EN COURS | OBJECTIF |
|---|
IR-1: Procedures Manual updated with detailed guidance Valeur As-is manuals for three functions available Year 2: achieved. Year 3 in progress. Year 4 delay Procedures Manual in place with detailed guidance Date 29 juin 2018 31 mars 2024 31 mars 2022 Observation IR-4: Financial data integrity achieved to meet “B” score for PI-27 Valeur “D” score in 2012 PEFA PI-22. Bank account reconci Year 1 and 3 achieved – workflows documented. Year Criteria for “B” score for PI-27 fully met Date 29 juin 2018 31 mars 2024 31 décembre 2022 Observation IR-6: Competency framework with gender targets adopted for PFM related jobs across govt Valeur No competencies for PFM related roles defined. Gen Year 1 and 2 achieved. Year 3 partially achieved – Competency framework specifying minimum skillsets Date 29 juin 2018 31 mars 2024 30 juin 2023 Observation IR-12: Household Income and Expenditure Survey (HIES) fieldwork and data cleaning completed Valeur HIES not conducted since 2002 Achieved HIES data cleaning completed and documented Date 30 juin 2018 31 mars 2024 31 décembre 2020 Observation IR-2: New chart of accounts adopted to facilitate management, financial and statistical reporting Valeur “D” score in 2012 PEFA PI-5; economic classificati Achieved New COA meets criteria for "A" score for PI-4 Date 29 juin 2018 31 mars 2024 30 décembre 2020 Observation IR-5: In-year budget reports prepared and published by MoF to meet PEFA Framework “B” score of PI-28 Valeur In-year budget reports not prepared and not publis Yr 1 achieved. Yr 2-4 in progress In-year budget reports prepared and cleared for pu Date 29 juin 2018 31 mars 2024 30 juin 2023 Observation IR-7: Number of staff completing external training programs in PFM related disciplines Valeur 0.00 129.00 50.00 Date 29 juin 2018 31 mars 2024 30 septembre 2023 Observation IR-3: Update to Public Procurement Code and Implementation Guidance issued Valeur Code in need of update and no implementation guida Year 1 and 2 achieved. Year 3 in progress – IRR de Updated Public Procurement Code and IRR in use for Date 29 juin 2018 31 mars 2024 30 juin 2023 Observation IR-8: Gender-sensitive communications conducted for the project for awareness and building ownership Valeur No communication strategy; regular updates and inf Year 1, 2 and 3 partially achieved. Year 4 delayed MoF website enhanced and regularly updated with in Date 29 juin 2018 31 mars 2024 30 juin 2023 Observation IR-9: Transparency and citizen engagement in budget preparation and execution Valeur MoF website exists but does not provide platform f Year 3 partially achieved. Year 4 delayed – Citize MoF website includes functionality to capture citi Date 30 avril 2018 31 mars 2024 25 juin 2024 Observation IR-10: Training plan developed to meet standards set in competency framework and address skills gaps Valeur No training plans in place Achieved Training plans in place for MoF staff Date 29 juin 2018 31 mars 2024 31 janvier 2022 Observation IR-11: Number of external training program partnerships for certification and degree courses in PFM Valeur No external training program partnerships in place Achieved Four (4) external training program partnerships fo Date 30 juin 2018 31 mars 2024 30 juin 2023 Observation