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Capacity Building in Public Financial Management 2

Abstract*

The objective of the Second Capacity Building in Public Financial Management Project for Kyrgyz Republic is to improve budget predictability, control and transparency in the Kyrgyz Republic. There are four components to the project, the first component being strengthening budget planning and execution. The component will fund technical assistance and capacity building of the MoF to: enhance the legislative framework for PFM; strengthen medium-term...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The Project Development Objective (PDO) is to improve budget predictability, control and transparency in the Kyrgyz Republic.

Key Details

Project Details

  • P155148

  • Closed

  • Gregory Kisunko , Oleksii Balabushko

  • The Kyrgyz Republic

  • Kyrgyz Republic

  • June 8, 2016

  • (as of board presentation)

    December 14, 2017

  • July 11, 2018

  • US$ 3.01 million

  • Ministry of Finance

  • Europe and Central Asia

  • 2018

  • US$ 3.01 million

  • C

  • Not Applicable

  • August 31, 2022

  • TBD

  • BANK APPROVED

  • October 3, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Free-standing Single Purpose Trust Fund 3.01

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 3.01
Total Project Cost** 3.01

Summary Status of World Bank Financing (US$ Millions) as of June 30, 2025

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

Detailed Financial Activity as of June 30, 2025

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

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Project Management Moderately Satisfactory 2022-08-03
Procurement Satisfactory 2022-08-03
Financial Management Satisfactory 2022-08-03
Overall Implementation Progress (IP) Moderately Satisfactory 2022-08-03
Progress towards achievement of PDO Moderately Satisfactory 2022-08-03
Monitoring and Evaluation Moderately Satisfactory 2022-08-03

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 02-18-2023
OutcomesModerately Satisfactory
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 10-09-2023PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Unsatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityModestN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Decreased variance in functional composition of expenditure out-turnValue13.111.4
    DateSeptember 28, 2018August 31, 2022
    Comment
  • Diminished stock of expenditure payment arrears as a share of central budget expendituresValue4.53.0
    DateDecember 31, 2017August 31, 2022
    Comment
  • Improved budget transparency Open Budget Index valueValue54 out of 100 (2015)62 out of 100 (2021)
    DateDecember 31, 2015August 31, 2022
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Improved revenue forecastingValueThe forecasting is done based on revenue forecastiThe revenue forecasting methodology reviewed, econ
    DateJune 1, 2016August 31, 2022
    Comment
  • Enhanced e-GP coverageValuee-GP only covers goods and works procurementThe e-procurement module for hiring consultants de
    DateNovember 30, 2017August 31, 2022
    Comment
  • System of intergovernmental fiscal relations improvedValueNo vision to improve intergovernmental transfer syThe consultant reviewed the system of intergovernm
    DateNovember 30, 2017August 31, 2022
    Comment
  • The PIST is fully staffed and preforms its duties timely and with adequate qualityValuePIST does not existThe PIST was fully staffed and preformed its dutie
    DateJune 1, 2018August 31, 2022
    Comment
  • Increased public participation in budget process, an OBI participation scoreValue52 out of 100 (2015)26 out of 100 (2021) Direct comparison with the ba
    DateDecember 31, 2015August 31, 2022
    Comment
  • Increased capacity in internal audit, number of certified auditorsValue072
    DateNovember 30, 2017August 31, 2022
    Comment
  • Equalization power of the intergovernmental fiscal transfers formula improvedValue1653,7 for 20172,488 for 2021
    DateDecember 31, 2017August 31, 2022
    Comment
  • Training in PFM area in support of PFM Strategy deliveredValueMoF Training center is actively involved into traiMore than 2,000 PFM staff have been trained
    DateJuly 1, 2015August 31, 2022
    Comment