| Financier | Commitments |
|---|---|
| UK: British Department for International Development (DFID) | 11.00 |
| IDA Grant | 10.50 |
| IDA Credit | 5.50 |
Public Finance Management Modernization Project 2
Development Objective
<p>The development objective of the project is to improve effectiveness, control and accountability of public expenditure of the Republic of Tajikistan.</p>
Key Details
Project Details
P150381
Active
Hassan Aliev , Arman Vatyan
Republic of Tajikistan
October 8, 2014
(as of board presentation)
June 1, 2015
May 10, 2016
US$ 21.00 million
Ministry of Finance
2015
US$ 27.00 million
C
February 11, 2024
June 30, 2026
TBD
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 16.00 |
| IBRD + IDA Commitment | 16.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | 11.00 |
| Total Project Cost** | 21.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 3, 2020 | IDA-D0550 | Loan Disb | 38,362.01 |
| Apr 20, 2021 | IDA-D0550 | Loan Disb | 52,662.10 |
| Jun 1, 2015 | IDA-56310 | Loan Commitment | 5,500,000.00 |
| Jun 1, 2015 | IDA-D0550 | Loan Commitment | 4,500,000.00 |
| Apr 17, 2024 | IDA-D7500 | Loan Disb | 466,142.06 |
| May 16, 2024 | IDA-D7500 | Loan Disb | 119,660.00 |
| May 3, 2024 | IDA-D7500 | Loan Disb | 352,000.00 |
| Mar 18, 2024 | IDA-D7500 | Loan Disb | 330,988.66 |
| Jul 15, 2024 | IDA-D7500 | Loan Disb | 315,357.22 |
| Nov 1, 2023 | IDA-D7500 | Loan Disb | 500,000.00 |
| Dec 2, 2020 | IDA-D7500 | Loan Commitment | 6,000,000.00 |
| Nov 15, 2023 | IDA-56310 | Loan Repay | 82,896.88 |
| Nov 15, 2023 | IDA-56310 | Int Charges | 18,060.70 |
| Nov 15, 2023 | IDA-56310 | Int Charges | 18,060.70 |
| May 15, 2024 | IDA-56310 | Int Charges | 589.19 |
| May 15, 2024 | IDA-56310 | Int Charges | 589.19 |
| May 15, 2024 | IDA-56310 | Loan Repay | 82,707.50 |
| May 15, 2024 | IDA-56310 | Int Charges | 18,298.50 |
| May 15, 2024 | IDA-56310 | Int Charges | 18,298.50 |
| May 25, 2022 | IDA-56310 | Loan Disb | 206,140.77 |
| May 25, 2022 | IDA-56310 | Loan Disb | 252,429.67 |
| May 15, 2022 | IDA-56310 | Loan Repay | 82,429.97 |
| May 15, 2022 | IDA-56310 | Int Charges | 7,195.41 |
| May 15, 2022 | IDA-56310 | Int Charges | 7,195.41 |
| Dec 27, 2021 | IDA-56310 | Loan Disb | 118,950.01 |
| Mar 10, 2022 | IDA-56310 | Loan Disb | 574,767.40 |
| Nov 15, 2022 | IDA-56310 | Loan Repay | 3,297.56 |
| Nov 15, 2022 | IDA-56310 | Loan Repay | 78,950.57 |
| Nov 15, 2022 | IDA-56310 | Int Charges | 11,440.32 |
| Nov 15, 2022 | IDA-56310 | Int Charges | 11,440.32 |
| Sep 2, 2022 | IDA-56310 | Loan Disb | 605,405.50 |
| Dec 6, 2022 | IDA-56310 | Loan Disb | 118,949.99 |
| Mar 30, 2023 | IDA-56310 | Loan Disb | 252,429.66 |
| Jan 11, 2023 | IDA-56310 | Loan Disb | 547,565.20 |
| May 8, 2023 | IDA-56310 | Loan Disb | 73,995.35 |
| May 15, 2023 | IDA-56310 | Int Charges | 1,554.64 |
| May 15, 2023 | IDA-56310 | Int Charges | 1,554.64 |
| May 14, 2021 | IDA-56310 | Loan Disb | 690,000.00 |
| Sep 23, 2021 | IDA-56310 | Loan Disb | 440,953.03 |
| Nov 15, 2021 | IDA-56310 | Loan Repay | 85,243.26 |
| Nov 30, 2021 | IDA-56310 | Loan Disb | 483,836.56 |
| Oct 19, 2021 | IDA-56310 | Loan Disb | 258,362.60 |
| May 15, 2022 | IDA-56310 | Loan Repay | 743.16 |
| Nov 15, 2021 | IDA-56310 | Int Charges | 3,138.59 |
| Nov 15, 2021 | IDA-56310 | Int Charges | 3,138.59 |
| May 15, 2023 | IDA-56310 | Loan Repay | 83,916.25 |
| May 15, 2023 | IDA-56310 | Int Charges | 16,409.18 |
| May 15, 2023 | IDA-56310 | Int Charges | 16,409.18 |
| Nov 15, 2023 | IDA-56310 | Int Charges | 1,107.18 |
| Nov 15, 2023 | IDA-56310 | Int Charges | 1,107.18 |
| Nov 15, 2021 | IDA-56310 | Int Charges | 14.04 |
| Nov 15, 2021 | IDA-56310 | Int Charges | 14.04 |
| Nov 15, 2021 | IDA-56310 | Loan Repay | 2,564.87 |
| Jul 15, 2022 | IDA-56310 | Loan Disb | 832,650.00 |
| Jun 29, 2016 | IDA-D0550 | Loan Disb | 1,000,000.00 |
| Jun 8, 2017 | IDA-D0550 | Loan Disb | 307,753.16 |
| Dec 8, 2017 | IDA-D0550 | Loan Disb | 319,775.72 |
| May 24, 2018 | IDA-D0550 | Loan Disb | 234,939.52 |
| Nov 19, 2018 | IDA-D0550 | Loan Disb | 405,377.53 |
| Apr 18, 2019 | IDA-D0550 | Loan Disb | 462,098.50 |
| Jun 17, 2019 | IDA-D0550 | Loan Disb | 244,446.19 |
| Feb 4, 2020 | IDA-D0550 | Loan Disb | 609,020.06 |
| Nov 10, 2020 | IDA-D0550 | Loan Disb | 139,747.20 |
| Nov 18, 2020 | IDA-D0550 | Loan Disb | 408,997.20 |
| Sep 28, 2020 | IDA-D0550 | Loan Disb | 51,771.30 |
| Oct 20, 2020 | IDA-D0550 | Loan Disb | 194,852.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Satisfactory | 2025-03-02 |
| Overall Implementation Progress (IP) | Satisfactory | 2025-03-02 |
| Progress towards achievement of PDO | Satisfactory | 2025-03-02 |
| Project Management | Moderately Satisfactory | 2025-03-02 |
| Project Management | Moderately Satisfactory | 2025-03-02 |
| Financial Management | Moderately Satisfactory | 2025-03-02 |
| Procurement | Satisfactory | 2025-03-02 |
| Financial Management | Moderately Satisfactory | 2025-03-02 |
| Monitoring and Evaluation | Moderately Satisfactory | 2025-03-02 |
| Overall Implementation Progress (IP) | Satisfactory | 2025-03-02 |
| Procurement | Satisfactory | 2025-03-02 |
| Monitoring and Evaluation | Moderately Satisfactory | 2025-03-02 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Improved effectiveness of public expenditure measured by the increased alignment of expenditure with policy priorities (PI-12) Value PEFA score D for PI-12 While the new law "On Strategic Planning and State PEFA Score B Date January 1, 2013 January 10, 2024 June 30, 2025 Comment Improved control of public expenditure measured by the stock of expenditure payment arrears (PI-4) Value PEFA score D+ for PI-4 With respect to the target level of stock of expen PEFA Score A Date January 1, 2013 January 10, 2024 June 30, 2025 Comment Improved accountability of public expenditure measured by the quality of annual financial reports (PI-25) Value PEFA Score C+ for PI-25 PEFA 2022 reports improvement in the score (now at PEFA Score B+ Date January 1, 2013 January 10, 2024 June 30, 2025 Comment Improved accountability of public expenditures measured by the quality of financial audit (PI-26) Value PEFA Score D for PI-26 Awaiting 2022 report on audit coverage of central PEFA Score B Date January 1, 2013 January 10, 2024 June 30, 2025 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Additional functionalities (modules) of TFMIS (commitment control, cash management, payment order processing, assets management andpayroll management) installed and operational Value none of the 5 modules are operational Three modules are operational: cash management (M1 all 5 modules are operational (2024) Date January 1, 2015 January 10, 2024 December 31, 2024 Comment Key procurement information is made available to the public in a timely manner through appropriate means (PI-19iii) Value PEFA Score B PEFA 2022 maintains the PEFA 2017 score of B for p PEFA Score A Date January 1, 2015 January 10, 2024 June 30, 2025 Comment Evidence of follow up on audit recommendations (in percent of audit recommendations) (PI-26iii) Value PEFA Score D Fully achieved. PEFA 2022 maintained the PEFA 2017 PEFA Score B Date July 1, 2015 January 10, 2024 June 30, 2025 Comment The number of services available through e-Governance system Value No services available on e-Gov system The e-gov portal contains live links to 5 existing 2 services available on e-gov system Date January 1, 2015 January 10, 2024 June 30, 2025 Comment Project supported NGO publishing reports on feedback received and how this feedback has been used. Value No Yes Yes Date September 1, 2015 January 10, 2024 June 30, 2025 Comment Timeliness of annual financial reports (PI-25ii) Value PEFA Score B PEFA 2022 score for the timeliness of submission o PEFA Score A Date January 1, 2015 January 10, 2024 June 30, 2025 Comment Total value of contracts that were awarded through an open and competitive process (PI-19ii) Value PEFA Score C Fully achieved. PEFA 2017 already indicates end-ta PEFA Score B Date January 1, 2015 January 10, 2024 June 30, 2025 Comment Coverage of external audit (in percent of total expenditure) (PI-26i) Value PEFA Score D According to preliminary data of the Chamber of Ac PEFA Score B Date January 1, 2015 January 10, 2024 June 30, 2025 Comment Timeliness of changes to personnel records and the payroll (months) (PI-18ii) Value PEFA Score B Fully achieved. PEFA 2022 maintained the PEFA 2017 PEFA Score A Date January 1, 2013 January 10, 2024 June 30, 2025 Comment Beneficiaries satisfied with systems and procedures implemented by the Project, as measured by user satisfaction surveys (percent of users surveyed) Value 0.00 40.80 60.00 Date September 1, 2015 January 10, 2024 December 31, 2024 Comment Audits performed and audited financial statements submitted by largest SOEs Value less than 30% Less than 30% - no change from baseline 80% Date September 30, 2019 January 10, 2024 December 31, 2024 Comment Percent of women beneficiaries satisfied with systems and procedures implemented by the Project, as measured by user satisfaction surveys Value 0.00 39.57 30.00 Date September 1, 2015 January 10, 2024 December 31, 2024 Comment SOE performance monitoring systematically conducted Value none Work on the creation of the system is in progress. Consistent monitoring of SOE performance using sys Date June 30, 2020 January 10, 2024 December 31, 2024 Comment Internal audits coverage is increased and quality of internal audit function is risk-based and complies with international standards (PI-21i) Value PEFA 2017 Score C PEFA 2022 scored coverage and quality of internal PEFA Score B Date June 30, 2020 January 10, 2024 June 30, 2025 Comment PIM methodology is applied in ministries covering economic analysis of investment proposals, project selection, costing and monitoring. Value No methodology in place No methodology in place - no change from baseline. 3 pilots conducted using the PIM methodology devel Date June 30, 2020 January 10, 2024 December 31, 2024 Comment