| Financier | Commitments |
|---|---|
| IDA Credit | 20.00 |
Rwanda Public Finance Management Reform Project
Abstract*
The development objective of Public Finance Management Reform Project for Rwanda is to improve budget reliability and control of funds for service delivery, enhance budget transparency and increase professionalization of the public finance officials. This project has four component. 1) The first component, Public Financial Management (PFM) IT Systems Roll Out, aims to help stabilize the systems, expand their functionality and support roll out of Financial... Show More
Development Objective
To improve budget reliability and control of funds for service delivery, enhance budget transparency and increase professionalization of the public finance officials.
Key Details
Project Details
P164807
Closed
Meron Techane
Republic of Rwanda
Rwanda
January 15, 2018
(as of board presentation)
October 23, 2018
December 21, 2018
US$ 20.00 million
Ministry of Finance and Economic Planning
2019
US$ 20.00 million
C
Not Applicable
December 31, 2024
TBD
BANK APPROVED
April 10, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 20.00 |
| IBRD + IDA Commitment | 20.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 20.00 |
Summary Status of World Bank Financing (US$ Millions) as of June 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Oct 23, 2018 | IDA-63290 | Loan Commitment | 20,000,000.00 |
| Jul 15, 2020 | IDA-63290 | Int Charges | 13,493.87 |
| Jul 15, 2024 | IDA-63290 | Int Charges | 189.44 |
| Jul 15, 2024 | IDA-63290 | Int Charges | 66,251.32 |
| Jul 15, 2024 | IDA-63290 | Int Charges | 66,251.32 |
| Aug 15, 2023 | IDA-63290 | Loan Disb | 4,520,715.00 |
| Jan 15, 2023 | IDA-63290 | Int Charges | 790.87 |
| Jan 15, 2023 | IDA-63290 | Int Charges | 790.87 |
| Jan 15, 2023 | IDA-63290 | Int Charges | 41,945.79 |
| Jan 15, 2023 | IDA-63290 | Int Charges | 41,945.79 |
| Apr 24, 2023 | IDA-63290 | Loan Disb | -1,489,019.00 |
| Jul 15, 2023 | IDA-63290 | Int Charges | 1,058.27 |
| Jul 15, 2023 | IDA-63290 | Int Charges | 1,058.27 |
| Jul 15, 2023 | IDA-63290 | Int Charges | 42,806.66 |
| Jul 15, 2023 | IDA-63290 | Int Charges | 42,806.66 |
| Jan 17, 2024 | IDA-63290 | Int Charges | 380.37 |
| Jan 17, 2024 | IDA-63290 | Int Charges | 380.37 |
| Jan 17, 2024 | IDA-63290 | Int Charges | 56,358.14 |
| Jan 17, 2024 | IDA-63290 | Int Charges | 56,358.14 |
| Mar 26, 2024 | IDA-63290 | Loan Disb | 3,185,785.00 |
| Jul 16, 2020 | IDA-63290 | Loan Disb | 261,100.90 |
| Oct 2, 2020 | IDA-63290 | Loan Disb | 2,354,071.80 |
| Jan 15, 2021 | IDA-63290 | Int Charges | 404.39 |
| Jan 15, 2021 | IDA-63290 | Int Charges | 404.39 |
| Jan 15, 2021 | IDA-63290 | Int Charges | 20,255.24 |
| Jan 15, 2021 | IDA-63290 | Int Charges | 20,255.24 |
| Jul 15, 2020 | IDA-63290 | Int Charges | 3,629.09 |
| Jul 15, 2020 | IDA-63290 | Int Charges | 3,629.09 |
| Jul 15, 2020 | IDA-63290 | Int Charges | 13,493.87 |
| Jul 15, 2021 | IDA-63290 | Int Charges | 296.16 |
| Jul 15, 2021 | IDA-63290 | Int Charges | 296.16 |
| Jul 15, 2021 | IDA-63290 | Int Charges | 24,149.65 |
| Jul 15, 2021 | IDA-63290 | Int Charges | 24,149.65 |
| Jun 30, 2022 | IDA-63290 | Loan Disb | 3,975,065.00 |
| Dec 16, 2021 | IDA-63290 | Loan Disb | 1,382,948.60 |
| Jul 15, 2022 | IDA-63290 | Int Charges | 829.45 |
| Jul 15, 2022 | IDA-63290 | Int Charges | 829.45 |
| Jul 15, 2022 | IDA-63290 | Int Charges | 27,510.28 |
| Jul 15, 2022 | IDA-63290 | Int Charges | 27,510.28 |
| Jan 15, 2022 | IDA-63290 | Int Charges | 242.30 |
| Jan 15, 2022 | IDA-63290 | Int Charges | 242.30 |
| Jan 15, 2022 | IDA-63290 | Int Charges | 23,574.24 |
| Jan 15, 2022 | IDA-63290 | Int Charges | 23,574.24 |
| Apr 24, 2023 | IDA-63290 | Loan Disb | 1,489,019.00 |
| Mar 15, 2019 | IDA-63290 | Loan Disb | 657,750.00 |
| Jul 15, 2019 | IDA-63290 | Int Charges | 1,632.53 |
| Jul 15, 2019 | IDA-63290 | Int Charges | 1,632.53 |
| Jan 15, 2020 | IDA-63290 | Int Charges | 2.85 |
| Jan 15, 2020 | IDA-63290 | Int Charges | 2.85 |
| Nov 18, 2019 | IDA-63290 | Loan Disb | 3,013,460.50 |
| Jan 15, 2020 | IDA-63290 | Int Charges | 2,434.93 |
| Jan 15, 2020 | IDA-63290 | Int Charges | 2,434.93 |
| Jul 15, 2024 | IDA-63290 | Int Charges | 189.44 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Procurement | Moderately Satisfactory | 2024-11-06 |
| Project Management | Satisfactory | 2024-11-06 |
| Financial Management | Satisfactory | 2024-11-06 |
| Progress towards achievement of PDO | Satisfactory | 2024-11-06 |
| Monitoring and Evaluation | Satisfactory | 2024-11-06 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-11-06 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-23-2025 |
|---|---|
| Outcomes | Satisfactory |
| Risk to Development Outcome | |
| Bank Performance | Satisfactory |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Improved reliability of budgeting Value 20.00 14.00 5.00 Date June 30, 2017 January 31, 2024 December 31, 2024 Comment Share of districts expenditure arrears to consolidated district budget Value 10.00 4.36 6.00 Date June 30, 2017 January 31, 2024 December 31, 2024 Comment Improved budget transparency and citizens engagement Value Citizens budget does not contain links between fin Citizen budget is published annually and includes Citizens' budget is published annually and include Date June 30, 2018 January 31, 2024 December 31, 2024 Comment Number of public finance staff that have completed a professional qualification Value 665.00 1022.00 826.00 Date June 30, 2017 January 31, 2024 June 30, 2025 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
FMIS coverage of performance information Value 0.00 85.00 100.00 Date June 30, 2018 January 31, 2024 December 31, 2024 Comment Improved disclosures in consolidated financial statements Value No IPSAS standards are approved and implemented Financial statement for FY 23 did not meet the tar Non-audited Government Consolidated IPSAS financia Date June 30, 2018 March 14, 2024 December 31, 2024 Comment Improved program=performance based budgeting methodology in use Value Program budgeting methodology has weaknesses in co Program-performance budgeting is rolled out to all Program-performance budgeting is rolled out to min Date June 30, 2018 January 31, 2024 December 31, 2024 Comment FMIS coverage of education expenditures Value 0.00 86.00 88.00 Date June 30, 2018 January 31, 2024 December 31, 2024 Comment Number of public finance officials who recieved training or are in training under the project Value 0.00 8071.00 6000.00 Date June 30, 2018 January 31, 2024 December 31, 2024 Comment Representation of Female staff in Professional PFM training Value 0.00 29.00 27.92 Date June 30, 2018 January 31, 2024 December 31, 2024 Comment