Strengthening Fiscal Governance (WB-P165324)

Countries
  • Lebanon
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
Proposed
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
Sep 16, 2019
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 Lebanon
The holder of the loan, grant, or other investment.
Sectors
  • Finance
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 50.00 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)
$ 50.00 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 Feb 13, 2019

Disclosed by Bank Oct 5, 2017


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Project Description

According to bank documents, the project objective is to improve budget transparency, cash management, public debt management, Ministry of Finance  (MoF) e-services, and the efficiency of public procurement.

The project consists of four components:

  1. Functional review of the Ministry of Finance and capacity Building;
  2. MacroFiscal Analysis and Budget Management;
  3. Strengthening Accounting, cash Management and Public Debt management; and
  4. Developing Internal Audit, MoF e-Services and Public Procurement.
Investment Description
  • World Bank (WB)
Contact Information

World Bank:
Paul Welton, Mona El-Chami
Lead Financial Management Specialist

Borrower:
Ministry of Finance
Wassim Manssouri
Legal Advisor
wmanssouri@finance.gov.lb

Alain Bifani
Director General Finance
abifani@finance.gov.ib

Implementing Agencies:
Ministry of Finance
Wassim Manssouri
Legal Advisor to the Minister
wmanssouri@finance.gov.ilb

Alain Bifani
Director Gerneal Finance
abifani@finance.gov.lb 

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.