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According to the Bank’s website, the objective of this project is to improve the efficiency, accountability and resilience of public resource management.
The proposed project will support the Government's priorities for digital transformation of the public financial management (PFM) system in-line with Philippines PFM Roadman 2024-2028 and Philippine Development Plan 2023-2028 (PDP). The reform will be transformative for performance of government PFM functions, accountability, evidence-based policy, sustainability and resilience to climate and disaster risk. Advancing digitalization of core government systems beyond initial integrated financial management information system (IFMIS) modules to cover the entire cycle of public asset management could better inform public procurement and investments in terms of climate risks, life cycle cost, and budgeting for operation and maintenance. The modernization and integration of systems will increase efficiency, enhance transparency, reduce the transaction cost (time and price) and environmental footprint (time in commute, saving paper, fuel and CO2 emissions).
The environmental risk is moderate. The project will upgrade IT infrastructure by procuring computers, servers, and related equipment to improve digital data management and solutions. No civil works, renovations, or construction for hardware components will be financed, minimizing risks linked to physical infrastructure. The project will not affect high-value or sensitive environmental areas and is not expected to result in serious or complex adverse effects. The main environmental risks are predictable, and site-specific, primarily involving increased e-waste and higher energy consumption during operation.
The social risk is low. The project activities center on hardware, software, and technical assistance, with no foreseen land acquisition, no involuntary resettlement, no adverse impacts on Indigenous Peoples, and no effects on tangible or intangible cultural heritage. Sexual exploitation and abuse and sexual harassment (SEA/SH) risks are considered low given the country’s robust legal and institutional framework. Labor and working-condition risks are minimal because activities focus on systems development rather than heavy manual work.
Total Project Cost: US$ 400.00 million
IBRD Commitment: US$ 390.00 million
Borrower/Recipient: US$ 10.00 million
CONTACT POINT - World Bank
Task Team Leader: Davit Melikyan
Title: Senior Public Sector Specialist
Email: dmelikyan@worldbank.org
TTL Contact: Ildrim Valley
Job Title: Public Sector Specialist
Email: ivalley@worldbank.org
ACCESS TO INFORMATION
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ACCOUNTABILITY MECHANISM OF THE 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. Information on how to file a complaint and a complaint request form are available at: https://www.inspectionpanel.org/how-to-file-complaint