Integrated Public Financial Management Reform Project (WB-P164783)

Countries
  • Nepal
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.
Project Status
Active
Bank Risk Rating
C
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
Jun 27, 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 Nepal
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)
$ 15.00 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)
$ 18.00 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 Mar 29, 2019

Disclosed by Bank Oct 4, 2017


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Project Description

Integrated Public Financial Management Reform Project is proposed to strengthen the effectiveness of Public Financial Management institutions, systems and procedures at the federal and subnational levels in Nepal. 

The proposed project is organized around four components:

(1) Public Expenditure and Revenue Management in Federal and Subnational Governments

(2) Strengthening the office of the Auditor General

(3) Public Procurement Improvement

(4) Public Financial Management reform management and coordination.

Investment Description
  • World Bank (WB)
Contact Information

World Bank
Jiwanka B. Wickramasinghe
Sr Financial Management Specialist

Akmal Minallah
Sr Financial Management Specialist

Zafrul Islam
Lead Procurement Specialist

Email and telephone contacts were not disclosed.

Borrower/Client/Recipient
Government of Nepal

Implementing Agencies
Ministry of Finance
Damodar Regmi
Coordinator
pefanepal@pefa.gov.np

FOR MORE INFORMATION CONTACT
The World Bank
1818 H Street, NW
Washington, D.C. 20433
Telephone: (202) 473-1000
Web: http://www.worldbank.org/projects

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.