Public Finance Management Modernisation Project

Project Overview

Project Title Public Finance Management Modernisation Project
Project Number 2009 / 227-746
Country Tajikistan
Overall Project Value(EUR) 1 000 001 - 2 000 000
Project Start – Project End December 17, 2009–September 30, 2015
Project Status Closed

Funding and Implementing Organizations

Origin of Funding European Union
Project Budget(EUR) 1,850,000
Implementing Organization / Consortium

THE WORLD BANK GROUP* (trust fund coordinator -World Bank, DFID and the EU)

Contact / Team Leader / Project Team
Beneficiary Ministry of Finance (support envisaged also for Ministries of Health, Education, Social Protection, Agriculture, Transport and Energy)

Project Summary, Objectives and Results

Project Summary

Automatisation of the core Treasury Functions.

Project Objectives

The two main objectives are:

a) to establish basic processes for efficient and transparent management of public expenditures; and
b) to develop adequate institutional capacity to support the implementation and sustained functioning of an automated financial management information system (FMIS).

Education Sector VET (IVET & CVET)
Components of the Education Process Institutional strengthening & capacity building
Occupational Field
Target Groups Politicians/decision-makers in economics, labour, employment & education policy
Related Projects
Activities
  • Building MoE capacity to manage and monitor public financial management (PFM) reforms;
  • Developing new organizational structures for the MoF, Including setting clear roles and responsibilities for PFM at central level;
  • Designing and Developing a skill development programme for staff of the MoF and for officials involved in the PFM process;
  • Supporting Proicct management, including audit;
  • Improving the budget planning and preparation processes;
  • Implementing new integrated chart of accounts and budget classification;
  • Improving budget execution process;
  • upgrading the existing information systems for budget preparation and execution;
  • upgrading new information systems;
  • Improving PFM legislation and enhancing transparency of PFM management.
Project Results

1. Improved capacity of the MoF to manage reforms
2. Sustainable training capacity is developed and core staff in financial departments and treasury divisions are trained in PFM procedures
3. Budget preparation cycle is improved and integrates MTEF as a regular budget cycle phase
4. Budget classification and chart of accounts are integrated and brought in line with international standards
5. Procedures for budget execution through the treasury system are improved
6. Central and local ICT systems modernized in YR3
7. The MoF’s IT Center established, and adequate number of specialists recruited and trained

Links and Materials

Materials
    Link to project relevant data