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Liberia - Public Financial Management Reforms for Institutional Strengthening Project (Inglês)

The development objective of Public Financial Management (PFM) Reforms for Institutional Strengthening Project for Liberia is to improve domestic revenue mobilization systems, and strengthen financial control and accountability in public finances. The project consists of five components. 1) The first component, : Enhancing Domestic Revenue Mobilization Sources and Systems, is designed to improve taxpayer service and compliance to mobilize sufficient resources for the delivery of public services. It has the following two subcomponents: (i) Improve Tax Policy; and (ii) Capacity Development and Strengthening the Technological Basis of Tax Administration. 2) The second component, Stabilizing and Strengthening Performance of Financial Controls and Systems,is designed to finance the introduction of the integrated financial management information system (IFMIS). It has the following four subcomponents: (i) IFMIS Improvement and Rollout Support; (ii) Enhancing the Budget Framework; (iii) Preparing for modernization of Procurement Systems in the Public Sector; and (iv) Open Data. 3) The third component, Improving Public-Sector Capacity for Enhanced Oversight and Accountability, aims to boost internal and external oversight by strengthening core accountability and integrity institutions, as well as providing support for the ability of civil society to participate in evidence-based policy discussions. It has the following two subcomponents: (i) Improving Parliamentary, and Internal and External Oversight Effectiveness; and (ii) Institutional Capacity Building. 4) The fourth component, Improving Upstream and Downstream PFM Systems in Selected Sectors, was designed to reduce the extent of existing core PFM-related bottlenecks within the chosen sectors that significantly impede the goal of improved service delivery systems, a necessary precondition toward improving Liberia’s human capital. It has the following two subcomponents: (i) : Strengthening Foundations for Improved PFM Systems in the Health and Education Sectors; and (ii) Improving PFM Systems in the Health and Education Sectors. 5) The fifth component, Project Management, is designed to ensure the effective, proper management, and results-driven implementation of the project, as well as to provide the just-in-time interventions that may arise. It has the following subcomponent: Project Management and Establishment of the project management unit (PMU).


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    Liberia - Public Financial Management Reforms for Institutional Strengthening Project

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    international public sector accounting standard; STEP Systematic Tracking of Exchanges in Procurement; Automated System for Customs Data; Annual Work Plan and Budget; Country Policy and Institutional Assessment; small and medium enterprise; information and communication technology; Cost of Doing Business; education management information system; global partnership for education; Checks on Executive Power; International Financial Reporting Standards; Goods and Service Tax; life expectancy at birth; weaknesses in tax administration; budget transparency and participation; Tax Policy and Administration; monitoring and evaluation arrangement; economic and financial analysis; Mauritius Automated Clearance and Settlement System; Rule of Law; public service delivery; domestic revenue mobilization; natural resource sector; Electronic Fund Transfer; budget preparation process; local area network; wide area network; quality and quantity; improved service delivery; gross domestic product; intermediate indicator; social contract; human resource management; total tax revenue; delivery of service; quality and efficiency; accuracy of payments; Investment Project Financing; public sector institution; improvement in governance; international trade tax; participatory decision making; information on expenditures; public sector transparency; health sector including; overseas development institute; equipment and supply; exchange rate depreciation; medium-term expenditure framework; tax administration capacity; government accounting system; lack of participation; domestic resource mobilization; Public Financial Management; high value transactions; Finance for Development; capacity building intervention; incorporation of gender; national action plan; long-term climate change; lack of interoperability; filing income tax; risk management program; tax policy analysis; shortage of funds; education and health; public procurement practice; public awareness campaign; automated clearing house; internal audit function; capacity for implementation; natural resource taxation; resistance to change; Grievance Redress Service; risk category; tax collection system; recovery and disaster; electronic document management; financial control; public finance; accountability institution; Public Services; Open Data; citizen participation; Budget Management; fiscal space; commodity price; cash management; tax base; procurement system; public expenditure; direct deposit; human capital; customs systems; efficient tax; national ict; political leadership; financial statement; fiscal deficit; national budget; procurement process; taxpayer service; civil society; working day; budget appropriation; excise tax; revenue account; tax arrears; digital innovation; government contract; commercial bank; public resource; internal control; expenditure arrears; Civil War; internal process; project finance; policy priority; good governance; budget cycle; procurement function; bank reconciliation; change management; fiscal data; procuring entity; budget process



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