Project to Strengthen budget execution and financial reporting systems (WB-P163131)

Countries
  • Marshall Islands
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
May 30, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of the Marshall Islands
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 9.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 9.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Jun 19, 2018

Disclosed by Bank Sep 27, 2017


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Project Description

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.

Investment Description
  • World Bank (WB)

Co-financing: Government of the Marshall Islands US$ 0.5 million

Contact Information
World Bank
Saeeda Sabah Rashid
Sr Public Sector Specialist
Robert J. Gilfoyle
Sr Financial Management Specialist
 
Implementing Agencies
Ministry of Finance
Maybelline Bing
Secretary
 
Jennifer Tseng
Director, Directorate of International Development Assistanc
jenniferytseng@gmail.com
 

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