Strengthening Public Financial Management II Project

Development Objective

<p>To improve expenditure control and enhance government accountability and transparency by strengthening the treasury system, improving financial reporting and building PFM capacity.</p>

Key Details

Project Details

Project ID
P154401
Status
Closed
Team Leader
Franck Bessette
Borrower 2
Government of Nepal

Country
Nepal
Disclosure Date
July 3, 2015
Approval Date
(as of board presentation)
July 3, 2015
Effective Date
October 16, 2015

Total Project Cost 1
US$ 4.82 million
Implementing Agency
PEFA SECRETARIAT
Region
South Asia
Fiscal Year 3
2016

Commitment Amount
US$ 3.68 million
Environmental Category
C
Environmental and Social Risk
Not Applicable
Closing Date
July 31, 2017

Last Stage Reached
BANK APPROVED
Last Update Date
March 17, 2017

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Public Sector Management

FY17 - Public Administration60%
- FY17 - Transparency, Accountability and Good Governance60%
FY17 - Public Finance Management40%
- FY17 - Public Expenditure Management40%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
Borrower/Recipient	1.14
Nepal Public Financial Mgmt Support	3.68

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	3.68
Total Project Cost**	4.82

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

No data available.

Detailed Financial Activity as of July 31, 2025

No data available.

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Percentage of overall budget executed through the DTCOs where the TSA system has been implemented Value 98.00 100.00 100.00
Date June 30, 2015 April 8, 2016 June 30, 2017
Comment
Budget Execution Reports and Financial Statements produced by the TSA system on a real time basis Value 75 75 districts 75 districts
Date June 30, 2015 April 8, 2016 June 30, 2017
Comment
Preparation of consolidated financial statements for PILOT Ministries in accordance with Part 1, Cash IPSAS Value 2.00 15.00 12.00
Date July 1, 2015 April 8, 2016 June 30, 2017
Comment
Numbers of research studies into high priority PFM areas completed and disseminated Value 5.00 7.00 10.00
Date July 1, 2015 April 8, 2016 June 30, 2017
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Number of Spending Unit (SU) Bank Accounts Closed Value 13500.00 14300.00 14000.00
Date July 1, 2015 April 8, 2016 June 30, 2017
Comment
Number of FCGO , line department and DTCO staff trained or oriented; and still deployed to perform the functions envisaged Value 5500.00 7200.00 7600.00
Date July 1, 2015 April 8, 2016 June 30, 2017
Comment
Number of master trainers trained (TSA and IPSAS) and working as trainers under the project Value 40.00 65.00 50.00
Date July 1, 2015 April 8, 2016 June 30, 2017
Comment
New features added in software to meet and additional feature such as commitment accounting Value Pilots Functional Fully implemented
Date July 1, 2015 April 8, 2016 June 30, 2017
Comment
Preparation of consolidated financial statements for PILOT Ministries in accordance with Part 1, Cash IPSAS Value 2.00 15.00 12.00
Date July 1, 2015 April 8, 2016 June 30, 2017
Comment
New features added in software such as commitment recording Value Pilots Implemented. Needs improvement Fully implemented
Date July 1, 2015 April 8, 2016 June 30, 2017
Comment

Number of GoN finance and accounts staff trained in application of Cash based IPSAS and still deployed to perform the functions envisaged	Value	40.00	140.00	120.00
	Date	July 1, 2015	April 8, 2016	June 30, 2017
	Comment

Number of National level PEFA Steering committee meetings supported during the project period Value 16.00 23.00 24.00
Date July 1, 2015 April 8, 2016 June 30, 2017
Comment
Number of research studies completed and disseminated Value 5.00 7.00 10.00
Date July 1, 2015 April 8, 2016 June 30, 2017
Comment

Carried out repeat PEFA assessment and prepared PFM reform strategy phase II	Value	Completed PEFA II	Completed with PFM reform endorsed by government	Implementation of PFM reform startegy intiated
	Date	June 30, 2015	April 8, 2016	June 30, 2017
	Comment

Number of seminars & workshops conducted for raising PFM awareness Value 50.00 65.00 90.00
Date July 1, 2015 April 8, 2016 June 30, 2015
Comment
PFM accreditation courses designed and initiated Value None Ongoing Courses started ; two ofering completed
Date July 1, 2015 April 8, 2016 June 30, 2015
Comment
Number of GoN employees enrolled in diploma/certificate PFM courses Value None 30 enrolled 30 employees
Date July 1, 2015 April 8, 2016 June 30, 2015
Comment

Percentage of overall budget executed through the DTCOs where the TSA system has been implemented	Value	98.00	100.00	100.00
	Date	June 30, 2015	April 8, 2016	June 30, 2017
	Comment

Budget Execution Reports and Financial Statements produced by the TSA system on a real time basis	Value	75	75 districts	75 districts
	Date	June 30, 2015	April 8, 2016	June 30, 2017
	Comment

Preparation of consolidated financial statements for PILOT Ministries in accordance with Part 1, Cash IPSAS	Value	2.00	15.00	12.00
	Date	July 1, 2015	April 8, 2016	June 30, 2017
	Comment

Numbers of research studies into high priority PFM areas completed and disseminated	Value	5.00	7.00	10.00
	Date	July 1, 2015	April 8, 2016	June 30, 2017
	Comment

Number of Spending Unit (SU) Bank Accounts Closed	Value	13500.00	14300.00	14000.00
	Date	July 1, 2015	April 8, 2016	June 30, 2017
	Comment

Number of FCGO , line department and DTCO staff trained or oriented; and still deployed to perform the functions envisaged	Value	5500.00	7200.00	7600.00
	Date	July 1, 2015	April 8, 2016	June 30, 2017
	Comment

New features added in software to meet and additional feature such as commitment accounting	Value	Pilots	Functional	Fully implemented
	Date	July 1, 2015	April 8, 2016	June 30, 2017
	Comment

Number of National level PEFA Steering committee meetings supported during the project period	Value	16.00	23.00	24.00
	Date	July 1, 2015	April 8, 2016	June 30, 2017
	Comment

Number of seminars & workshops conducted for raising PFM awareness	Value	50.00	65.00	90.00
	Date	July 1, 2015	April 8, 2016	June 30, 2015
	Comment

PFM accreditation courses designed and initiated	Value	None	Ongoing	Courses started ; two ofering completed
	Date	July 1, 2015	April 8, 2016	June 30, 2015
	Comment

Strengthening Public Financial Management II Project

Development Objective

Key Details

Project Details

Sectors

Themes

Stay Connected, sign up for our:

Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

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

Detailed Financial Activity as of July 31, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INTERMEDIATE RESULTS INDICATORS