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Yemen - Public Finance Modernization Project (Arabic)

The objective of the Public Finance Modernization Project for Yemen is to improve the efficiency and transparency of the management of public finances by strengthening decision-support systems and building capacity of the government's central finance institutions. There are five components to the project. The first component of the project is enhancing decision-making mechanisms of budget management. This component would support the Ministry of Finance in improving its budget management practices. This will be achieved by improving the quality of budget preparation and providing effective control mechanisms in the budget execution systems. For improving the quality of budget preparation, this component will support capacity building in macro-fiscal forecasting and analysis, linking the national development plan with annual budgets, and bringing extra-budgetary funds into the main budget. The second component of the project is improving financial management information systems. This component would support the Ministry of Finance in extending the scope and coverage of the Accounting and Financial Management Information System (AFMIS) and the Loans and Grants Management Information System (LGMIS). The third component of the project is enhancing the capacity of public procurement institutions. This component would support the strengthening of public procurement control systems by providing support for capacity building for Government staff and for the High Authority on Tender Control (HATC). The fourth component of the project is strengthening the institutional capacity. This component would contribute to strengthening the capacity of the COCA, which is the country's supreme audit institution, by: (1) improving Central Organization for Controls and Audit's (COCA's) skills and knowledge of AFMIS; (2) strengthening COCA's audit manual and methodology, to take account of the introduction of AFMIS and other reforms of Public Finance Management (PFM); and, (3) developing and monitoring the implementation of COCA's medium- and long-term strategic plan. The fifth and the final component of the project is project management. This component will provide for goods, training, consultant's services, and incremental operating costs of the project management unit (PMU) to support project coordination, implementation, monitoring and evaluation, and management.

Details

  • Document Date

    2010/11/22

  • Document Type

    Project Appraisal Document

  • Report Number

    57927

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Yemen, Republic of

  • Region

    Middle East and North Africa,

  • Disclosure Date

    2010/12/03

  • Disclosure Status

    Disclosed

  • Board Meeting Date

    2010-12-20T00:00:00Z

  • Doc Name

    Yemen - Public Finance Modernization Project

  • Keywords

    Access to Information, accountability mechanisms, Accounting, accounting system, administrative classification, administrative costs, administrative reforms, aggregate budget, Aggregate expenditure, aggregate fiscal, aggregate fiscal discipline, Aggregate revenue, allocation, allocation of funds, annual budget, annual budget process, annual budgets, annual financial statements, assessment of performance, Beneficiaries, budget allocations, budget classification, Budget Coverage, budget discussions, budget documentation, budget documents, budget execution, budget formulation, budget formulation process, Budget Implementation, budget information, budget law, Budget Management, budget planning, budget preparation, budget preparation process, budget proposals, budget submission, Budget Support, budget transactions, budgetary funds, budgetary resources, budgeting process, capacity building, Capacity Constraints, Capital Budget, cash accounting, cash balances, cash management, cash planning, Central Bank, central budget, Central Government, Civil Service, civil society organizations, Country Procurement, Country Procurement Assessment, Credit Facility, debt sustainability, Decentralization, decision-making, decision-making mechanism, decision-making mechanisms, economic classification, economic growth, Exchange Rate, expenditure policy, external audit, external loans, Extra Budgetary Funds, fiduciary risk, Finance Ministry, Financial Accountability, financial control, financial disclosure, Financial information, financial institutions, Financial Management, Financial Management Information, Financial Management Information System, Financial Management Information Systems, Financial Reports, Financial Sector, financial statement, Financial Statistics, fiscal aggregates, fiscal consolidation, fiscal deficit, fiscal framework, fiscal impact, fiscal information, fiscal position, fiscal problems, fiscal risk, fiscal savings, fiscal sustainability, fiscal transparency, government accounting, government accounts, government budgeting, government priorities, Government revenues, Governmental Fiscal Relations, Gross Domestic Product, Improving budget preparation, inflation, internal audit, internal control, internal controls, investment budget, Legislative scrutiny, level of accountability, local financial management, macroeconomic policies, macroeconomic stability, Medium Term Expenditure, Medium Term Expenditure Framework, Medium-Term Expenditure, Medium-Term Expenditure Framework, Mid-Term Review, Ministerial Committee, Ministry of Finance, National Development, National Development Plan, national government, natural resources, oil resources, organizational structure, oversight function, Performance Indicator, Poverty Reduction, private investment, procurement process, procurement systems, programs, Public Administration, public budget, public enterprises, Public Expenditure, PUBLIC FINANCE, public finances, public financial management, public financial management system, public funds, Public Investment, Public Investment Program, public management, public procurement, public resources, public sector, public sector debt, public sector entities, Public Service, public services, public spending, Public Works, quality assurance, reform actions, Reform Agenda, reform objectives, reform program, Reform Strategy, regulatory function, resource management, revenue forecasting, self assessment, service delivery, service provider, social programs, social protection, social security, strategic allocation, strategic allocation of resources, strategic priorities, supplemental budgets, supreme audit institution, Supreme Audit Institutions, tax collection, tax payments, total expenditures, total public expenditure, transparency, Treasury system

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Citation

Yemen - Public Finance Modernization Project (Arabic). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/216241468170349051/Yemen-Public-Finance-Modernization-Project