According to the World Bank, the objective of this project is to provide additional funding to the Haiti Statistical Capacity Building project. It will expand the project’s scope to finance activities aimed at strengthening Haiti’s capacity to generate and use accurate budgetary and financial data and improve the quality of public spending. In addition, the project will be restructured to reflect the changes introduced by the new activities.
The proposed additional financing builds on the International Development Assocation's, part of the World Bank Group, efforts to generate data critical for evidence-based policy making and to enhance expenditure management practices for improved governance and transparency. The public administration’s capacity to produce, disseminate, and use more accurate, complete, and timely budget and financial information and improve public resource management will be strengthened.
The proposed activities will build on recent progress in consolidating fragmented fiscal data and making this data public through the BOOST initiative and portal. The new activities include the implementation of a modern Integrated Financial Management Information System (IFMIS), starting with its core modules (for budget preparation and budget execution, including a general ledger, accounts payable and receivable, and cash management) and the strengthening of the capacity of internal and external control institutions
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