The objective of the Public Financial Management Improvement and Consolidation Project for Sierra Leone is to improve budget planning and credibility, financial control, accountability and oversight in government finances in Sierra Leone.
... See More + The project has five components. (1) Enhancing budget planning and credibility component will strengthen the macro fiscal forecasting and public investment functions of government to improve overall budget planning, and manage systems and procedures for budget formulation. (2) Financial control, accountability, and oversight component will strengthen financial control in government, improve accountability systems and practices, and enhance independent and public oversight in the management and use of central Government public finances. (3) Supporting the strengthening of revenue mobilization and administration systems component will strengthen revenue policy and oversight of revenue collection, improve the efficiency and integrity of revenue administration to increase domestic revenue, and integrate revenue systems within the overall PFM system. (4) Strengthening local governance, financial management and accountability systems component will improve the financial management systems in local councils, and strengthen the accountability and oversight institutions to contribute to enhanced service delivery efficiency and effectiveness. (5) Public Financial Management (PFM) reform coordination and project management component will ensure a continued strong institutional framework to coordinate and oversee the implementation of the PFM reform strategy as a whole as well as manage the implementation of the proposed project.
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Good public procurement practices are a major determinant of the effectiveness of public expenditure. On behalf of their citizens, governments typically spend as much as 5-20 percent of their gross domestic product on procurement of goods and services, and effective procurement policies enable better use of government budgets.
... See More + Good national procurement practices are therefore an essential element of the poverty reduction focus of the Bank. Good procurement in Bank projects is also associated with better development outcomes. Equally, sound public procurement in client countries is a prerequisite for the success of the Bank's newly introduced program for results lending instrument. The Bank seeks to ensure that its funds are used for the purpose intended and that they support development effectively and efficiently. Thus, the twin issues that underpin this Independent Evaluation Group (IEG) evaluation are first, how effectively has the World Bank helped build well-functioning public procurement systems in client countries and second, how well have Bank procurement policies and procedures for its investment lending supported the development effectiveness of Bank lending? The evaluation parallels an intensive review by Bank management of the institution's procurement function, motivated by the need to respond to a range of internal and external changes in the Bank's procurement environment. Several evaluations point to the value of coordination between procurement and public expenditure reforms, but also to the difficulties of realizing such coordination. Finally, there are queries related to the adaptability of current Bank procurement guidelines to new contexts, such as public-private partnerships (PPPs); technology loans; and small, fragile, or conflict-affected states. These questions have also contributed to the evaluation's design and coverage.
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Good public procurement practices are a major determinant of the effectiveness of public expenditure. On behalf of their citizens, governments typically spend as much as 5-20 percent of their gross domestic product on procurement of goods and services, and effective procurement policies enable better use of government budgets.
... See More + Good national procurement practices are therefore an essential element of the poverty reduction focus of the Bank. Good procurement in Bank projects is also associated with better development outcomes. Equally, sound public procurement in client countries is a prerequisite for the success of the Bank's newly introduced program for results lending instrument. The Bank seeks to ensure that its funds are used for the purpose intended and that they support development effectively and efficiently. Thus, the twin issues that underpin this Independent Evaluation Group (IEG) evaluation are first, how effectively has the World Bank helped build well-functioning public procurement systems in client countries and second, how well have Bank procurement policies and procedures for its investment lending supported the development effectiveness of Bank lending? The evaluation parallels an intensive review by Bank management of the institution's procurement function, motivated by the need to respond to a range of internal and external changes in the Bank's procurement environment. Several evaluations point to the value of coordination between procurement and public expenditure reforms, but also to the difficulties of realizing such coordination. Finally, there are queries related to the adaptability of current Bank procurement guidelines to new contexts, such as public-private partnerships (PPPs); technology loans; and small, fragile, or conflict-affected states. These questions have also contributed to the evaluation's design and coverage.
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Good public procurement practices are a major determinant of the effectiveness of public expenditure. On behalf of their citizens, governments typically spend as much as 5-20 percent of their gross domestic product on procurement of goods and services, and effective procurement policies enable better use of government budgets.
... See More + Good national procurement practices are therefore an essential element of the poverty reduction focus of the Bank. Good procurement in Bank projects is also associated with better development outcomes. Equally, sound public procurement in client countries is a prerequisite for the success of the Bank's newly introduced program for results lending instrument. The Bank seeks to ensure that its funds are used for the purpose intended and that they support development effectively and efficiently. Thus, the twin issues that underpin this Independent Evaluation Group (IEG) evaluation are first, how effectively has the World Bank helped build well-functioning public procurement systems in client countries and second, how well have Bank procurement policies and procedures for its investment lending supported the development effectiveness of Bank lending? The evaluation parallels an intensive review by Bank management of the institution's procurement function, motivated by the need to respond to a range of internal and external changes in the Bank's procurement environment. Several evaluations point to the value of coordination between procurement and public expenditure reforms, but also to the difficulties of realizing such coordination. Finally, there are queries related to the adaptability of current Bank procurement guidelines to new contexts, such as public-private partnerships (PPPs); technology loans; and small, fragile, or conflict-affected states. These questions have also contributed to the evaluation's design and coverage.
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Good public procurement practices are a major determinant of the effectiveness of public expenditure. On behalf of their citizens, governments typically spend as much as 5-20 percent of their gross domestic product on procurement of goods and services, and effective procurement policies enable better use of government budgets.
... See More + Good national procurement practices are therefore an essential element of the poverty reduction focus of the Bank. Good procurement in Bank projects is also associated with better development outcomes. Equally, sound public procurement in client countries is a prerequisite for the success of the Bank's newly introduced program for results lending instrument. The Bank seeks to ensure that its funds are used for the purpose intended and that they support development effectively and efficiently. Thus, the twin issues that underpin this Independent Evaluation Group (IEG) evaluation are first, how effectively has the World Bank helped build well-functioning public procurement systems in client countries and second, how well have Bank procurement policies and procedures for its investment lending supported the development effectiveness of Bank lending? The evaluation parallels an intensive review by Bank management of the institution's procurement function, motivated by the need to respond to a range of internal and external changes in the Bank's procurement environment. Several evaluations point to the value of coordination between procurement and public expenditure reforms, but also to the difficulties of realizing such coordination. Finally, there are queries related to the adaptability of current Bank procurement guidelines to new contexts, such as public-private partnerships (PPPs); technology loans; and small, fragile, or conflict-affected states. These questions have also contributed to the evaluation's design and coverage.
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This working paper elaborates on an assessment framework to monitor and evaluate e-government procurement systems in India. This is relevant due to the fact that many government agencies have sought to extend use of e-tendering system implemented in their organization to handle procurement in World Bank funded projects.
... See More + The World Bank has developed a procedure to assess e-tendering systems for compliance to certain guidelines laid down by Multilateral Development Banks. The World Bank prefers to work with the Government of India in development of a robust mechanism for assessment of e-tendering systems instead of independently assessing e-tendering systems as has been done till date. The Government of India has already established a set-up under Standardization, Quality and Testing Certification (STQC) for assessment of e-procurement systems. From its assessment experience, the World Bank has found that the e-procurement applications deployed in many of the e-procurement installations assessed by the Bank were STQC certified, yet there were several issues with the e-procurement systems. A new concept model for assessment of e-procurement systems is proposed herein as an evolved version of the existing STQCs guideline to address the critical issues identified and the improvements suggested to the STQCs guideline. The assessment framework explained in this report could also be used as a vehicle to implement policy in other federated e-governance systems such as e-District and State Data Center (SDC). Therefore, the assessment framework concept explained herein has wider application in implementation of e-governance policy.
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The objective of the Additional Financing for the Economic Governance and Institutional Reform Project for Liberia is to improve the efficiency and transparency in managing public financial and human resources, focusing on revenue administration, public procurement, budget execution and payroll management.
... See More + The changes include extension of the closing date, revision of the results framework, and reallocation of credit proceeds of the additional financing. These changes are critical for achieving the project development objective as the one-year extension of the closing date will provide sufficient time to complete implementation of technical assistance that will enhance capacity of the Ministry of Land, Mines and Energy to perform technical inspection of commercial mining. The revision of the results framework is expected to increase the likelihood of Project Development Objective (PDO) achievement as the revised indicators better reflect the outcomes of project interventions. Finally, the closing date extension entails an incremental project management cost during the extension period, thus requiring the reallocation of credit proceeds. This is the first extension of the additional financing that is expected to be fully disbursed within the closing date extension.
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The purpose of this Country Integrated Fiduciary Assessment (CIFA) is: (i) to assess the quality of public finance management and procurement systems in South Sudan; and (ii) to then determine the extent of fiduciary risk posed to domestic and external tax payers by the government's use of their funds through these systems.
... See More + South Sudan has great potential for further increases in living standards, but achieving them will require large improvements in public services, both in access and in quality. In turn, Public Finance Management (PFM) and procurement systems need to be strengthened in order to improve public services; this will require linking spending more tightly to policy objectives and strengthening the operational efficiency of expenditures. In sum, strengthened PFM and procurement systems are not an end in themselves but, rather, the necessary means to achieving the ultimate objective: improved service delivery in South Sudan. This CIFA will be used by the Government of the Republic of South Sudan (GRSS) and by the country state governments to inform their design or reforms of PFM and procurement systems and, in the case of development partners, to inform their design or revision of technical and financial assistance programs and projects in support of the reforms.
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Integrative Fiduciary Assessment ACS2880 JUN 01, 2013