Rwanda Public Finance Management Reform Project (WB-P164807)

  • Rwanda
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
Bank Risk Rating
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
Oct 23, 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.
The holder of the loan, grant, or other investment.
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 20.00 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)
$ 20.00 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 Dec 9, 2018

Disclosed by Bank Jan 15, 2018

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Project Description

The development objective of Public Finance Management Reform Project for Rwanda is to improve budget reliability and control of funds for service delivery, enhance budget transparency and increase professionalization of the public finance officials. This project has four component. 1) The first component, Public Financial Management (PFM) IT Systems Roll Out, aims to help stabilize the systems, expand their functionality and support roll out of Financial Management Information System (FMIS) to service delivery units by enhancing functionality and stability of the FMIS. 2) The second component, Accounting and financial reporting, aims to finance activities related to the initial stage of implementation of public sector accounting reforms. 3) The third component, Performance-Based Budgeting and Medium-term Budgeting, aims to help the Government of Rwanda (GoR) strengthen its multi-year perspective of the budgeting and support implementation of performance-based budgeting methodology, including strengthening of the links between budgeting and sector strategic plans, in three line ministries. 4) The fourth component, Professionalization of PFM Staff – PFM Capacity Development, aims to fund a mass scale professionalization program for the public finance officials in the areas of accounting and audit, budgeting, procurement.

Investment Description
  • World Bank (WB)
Contact Information
Marcel Mukeshimana
Accountant General


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