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Romania Strengthening Financail Accountability

Development Objective

The overarching objective of this activity is to provide direct support for the implementation of the measures under the first FEG-DPL to strengthen the fiscal management by improving the quality of public spending and financial performance of the SOEs.

Key Details

Project Details

  • P152568

  • Closed

  • Ismail Radwan

  • Ministry of Public Finance

  • Romania

  • November 4, 2014

  • (as of board presentation)

    November 4, 2014

  • November 16, 2015

  • US$ 0.75 million

  • Ministry of Public Finance

  • Europe and Central Asia

  • 2015

  • US$ 0.49 million

  • N/A

  • Not Applicable

  • November 30, 2016

  • BANK APPROVED

  • November 3, 2016

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Russian Trust Fund 0.49
Borrower/Recipient 0.26

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment N/A
IBRD + IDA Commitment N/A
Lending Instrument
Grant Amount 0.49
Total Project Cost** 0.75

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Moderately Satisfactory 2016-04-29
Overall Moderable 2016-04-29
Overall Implementation Progress (IP) Moderately Satisfactory 2016-04-29

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Methodology for results informed budgeting elaboratedValueNoNoYes
    DateSeptember 8, 2014April 21, 2016November 30, 2016
    Comment
  • Elaboration of strategic and technical guidelines to improve the quality of SOE reportingValueNoNoYes
    DateJuly 1, 2015April 18, 2016November 30, 2016
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Consultants with relevant qualifications and experience hiredValueNoNoNo
    DateApril 18, 2016April 18, 2016May 31, 2016
    Comment