Namibia: Public Financial Management Project (WB-P514240)

Regions
  • Africa
Geographic location where the impacts of the investment may be experienced.
Countries
  • Namibia
Geographic location 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
Canceled
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
C
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Nov 16, 2026
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Namibia - Ministry of Finance
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 25.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 25.06 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 29, 2026

Disclosed by Bank Dec 9, 2025

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the objective of this project is to improve the efficiency and transparency of budget management and procurement. The project will support the government in phased rollout and effective use of systems including, but not limited to, IFMIS and e-GP, to improve the transparency and efficiency of managing public funds.

The proposed project will be financed by an Investment Project Financing (IPF) loan of US$25 million (to be confirmed) over a four-year period. The project will support modernization of the budget and public procurement functions through a combination of technical assistance, systems investments and program and change management. The project includes three components which are designed to improve core systems and promote efficient, data-driven, transparent management.

Component 1: Improved Budget Management (US$12 million to be confirmed)
Component 2: Modernized Public Procurement (US$8 million to be confirmed)
Component 3: Project Management and Just-in-time Analytics (US$5 million to be confirmed)

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

The environmental risk rating is considered low at concept stage. The project will have no physical footprint as it will support the development of management systems, guidelines and processes. Components 1 and 2 will support purchasing of electronic hardware to support the efficiency and transparency of public resource management and institutional capacity building. The environmental impacts associated with the components is associated with the generation of electronic waste during the life of the project and energy usage. The impacts are however considered to be minimal, predictable and short in duration with a low probability of having any adverse impact on the environment.

The project’s proposed activities are limited to public administration and digitalization, with no physical footprint or direct community interface. All anticipated risks are minor, predictable, and manageable within the existing institutional and legislative frameworks.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Total Project Cost: US$ 25.06 million
IBRD Commitment: US$ 25.00 million


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

CONTACT POINT - World Bank

Task Team Leader: Runyararo Gladys Senderayi
Title: Public Sector Specialist
Email: rsenderayi@worldbank.org

TTL Contact: A.N.M. Mustafizur Rahman
Job Title: Senior Procurement Specialist
Email: arahman7@worldbank.org

TTL Contact: Khuram Farooq
Job Title: Senior Financial Management Specialist
Email: kfarooq@worldbank.org

ACCESS TO INFORMATION

To submit an information request for project information, you will have to create an account to access the Access to Information request form. You can learn more about this process at: https://www.worldbank.org/en/access-to-information/request-submission

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

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How it works