| Entidad De Financiamiento | Compromisos |
|---|---|
| Borrower/Recipient | 0.50 |
| IDA Grant | 9.00 |
Project to Strengthen budget execution and financial reporting systems
Resumen*
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... Ver Más
Objetivo de desarrollo
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.
Llave Detalles
Proyecto Detalles
P163131
Active
Bonnie Sirois , Elena Georgieva-Andonovska, Pike Aye
The Republic of the Marshall Islands
29 de septiembre de 2017
(a partir de la presentación ante el Directorio)
30 de mayo de 2018
1 de octubre de 2018
US$ 9.50 millones
Ministry of Finance
2018
US$ 9.00 millones
B
6 de junio de 2024
31 de marzo de 2025
Yes
BANK APPROVED
Finanzas
Financiamiento (millones de US$)
Financiamiento total del proyecto (millones de US$)
| Línea de productos | BIRF/AIF |
|---|---|
| Compromiso del BIRF | No Disponible |
| Compromiso de la AIF | 9.00 |
| Compromiso del BIRF + AIF | 9.00 |
| Instrumento de Financiamiento | |
|---|---|
| Monto a título de donación | No Disponible |
| Costo total del proyecto** | 9.50 |
Resumen del financiamiento del Banco Mundial (millones de US$) al 28 de febrero de 2025
No hay datos disponibles.
Actividad financiera detallada al 28 de febrero de 2025
No hay datos disponibles.
Ratings
CALIFICACIONES DE LA EJECUCIÓN
| Name | Review | Date |
|---|---|---|
| Overall Safeguards Rating | Satisfactory | 2024-11-20 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2024-11-20 |
| Financial Management | Moderately Satisfactory | 2024-11-20 |
| Monitoring and Evaluation | Moderately Satisfactory | 2024-11-20 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2024-11-20 |
| Procurement | Moderately Satisfactory | 2024-11-20 |
| Project Management | Moderately Satisfactory | 2024-11-20 |
CALIFICACIONES DE LA TERMINACIÓN
No hay datos disponibles.
CALIFICACIONES DE EVALUACIONES INDEPENDIENTES
No hay datos disponibles.
Marco de resultados
INDICADORES DE OBJETIVOS DE DESARROLLO DE PROYECTOS
| INDICATOR | LÍNEA DE REFERENCIA | EN CURSO | OBJETIVO |
|---|
PDO-1: Completeness, quality and timeliness criteria met for Annual Financial Statements by MoF Valor 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 Fecha 29 de junio de 2018 31 de marzo de 2024 30 de junio de 2023 Comentar PDO-2: Production, publication of statistical abstract featuring key findings from the HIES Valor No HIES data available since 2002 Achieved Statistical abstract featuring key findings from H Fecha 29 de junio de 2018 31 de marzo de 2024 31 de marzo de 2021 Comentar PDO-3: New FMIS used for preparation of budget and recording of revenue and expenditure transactions Valor Accounting software 4-Gov in use but being phased Achieved New FMIS used for recording revenue and expenditur Fecha 29 de junio de 2018 31 de marzo de 2024 31 de julio de 2023 Comentar
INDICADORES DE RESULTADOS INTERMEDIOS
| INDICATOR | LÍNEA DE REFERENCIA | EN CURSO | OBJETIVO |
|---|
IR-1: Procedures Manual updated with detailed guidance Valor As-is manuals for three functions available Year 2: achieved. Year 3 in progress. Year 4 delay Procedures Manual in place with detailed guidance Fecha 29 de junio de 2018 31 de marzo de 2024 31 de marzo de 2022 Comentar IR-4: Financial data integrity achieved to meet “B” score for PI-27 Valor “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 Fecha 29 de junio de 2018 31 de marzo de 2024 31 de diciembre de 2022 Comentar IR-6: Competency framework with gender targets adopted for PFM related jobs across govt Valor No competencies for PFM related roles defined. Gen Year 1 and 2 achieved. Year 3 partially achieved – Competency framework specifying minimum skillsets Fecha 29 de junio de 2018 31 de marzo de 2024 30 de junio de 2023 Comentar IR-12: Household Income and Expenditure Survey (HIES) fieldwork and data cleaning completed Valor HIES not conducted since 2002 Achieved HIES data cleaning completed and documented Fecha 30 de junio de 2018 31 de marzo de 2024 31 de diciembre de 2020 Comentar IR-2: New chart of accounts adopted to facilitate management, financial and statistical reporting Valor “D” score in 2012 PEFA PI-5; economic classificati Achieved New COA meets criteria for "A" score for PI-4 Fecha 29 de junio de 2018 31 de marzo de 2024 30 de diciembre de 2020 Comentar IR-5: In-year budget reports prepared and published by MoF to meet PEFA Framework “B” score of PI-28 Valor 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 Fecha 29 de junio de 2018 31 de marzo de 2024 30 de junio de 2023 Comentar IR-7: Number of staff completing external training programs in PFM related disciplines Valor 0.00 129.00 50.00 Fecha 29 de junio de 2018 31 de marzo de 2024 30 de septiembre de 2023 Comentar IR-3: Update to Public Procurement Code and Implementation Guidance issued Valor 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 Fecha 29 de junio de 2018 31 de marzo de 2024 30 de junio de 2023 Comentar IR-8: Gender-sensitive communications conducted for the project for awareness and building ownership Valor 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 Fecha 29 de junio de 2018 31 de marzo de 2024 30 de junio de 2023 Comentar IR-9: Transparency and citizen engagement in budget preparation and execution Valor MoF website exists but does not provide platform f Year 3 partially achieved. Year 4 delayed – Citize MoF website includes functionality to capture citi Fecha 30 de abril de 2018 31 de marzo de 2024 25 de junio de 2024 Comentar IR-10: Training plan developed to meet standards set in competency framework and address skills gaps Valor No training plans in place Achieved Training plans in place for MoF staff Fecha 29 de junio de 2018 31 de marzo de 2024 31 de enero de 2022 Comentar IR-11: Number of external training program partnerships for certification and degree courses in PFM Valor No external training program partnerships in place Achieved Four (4) external training program partnerships fo Fecha 30 de junio de 2018 31 de marzo de 2024 30 de junio de 2023 Comentar