| Financier | Commitments |
|---|---|
| Borrower/Recipient | 1.40 |
| Nepal Public Financial Mgmt Support | 4.30 |
Strengthening PFM Systems in Nepal
Development Objective
The Project Development Objective is to improve expenditure control and enhance government accountability and transparency by strengthening the treasury system, improving financial reporting and building PFM capacity.
Key Details
Project Details
P125770
Closed
Victor Boakye-Bonsu
PEFA SECRETARIAT
October 13, 2011
(as of board presentation)
October 13, 2011
October 31, 2011
US$ 5.70 million
N/A
2012
US$ 4.30 million
C
Not Applicable
June 30, 2016
BANK APPROVED
September 3, 2021
Finances
Financing Plan (US$ Millions)
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 | 4.30 |
| Total Project Cost** | 5.70 |
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.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Satisfactory | 2015-12-07 |
| Financial Management | Satisfactory | 2015-12-07 |
| Monitoring and Evaluation | Satisfactory | 2015-12-07 |
| Counterpart Funding | Satisfactory | 2015-12-07 |
| Project Management | Satisfactory | 2015-12-07 |
| Procurement | Satisfactory | 2015-12-07 |
| Overall | Moderable | 2015-12-07 |
| Overall Implementation Progress (IP) | Satisfactory | 2015-12-07 |
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 7.00 100.00 98.00 Date December 16, 2010 September 1, 2015 June 30, 2016 Comment Budget Execution Reports and Financial Statements produced by the TSA system on a real time basis Value Nil 75 districts 75 districts Date December 16, 2010 September 1, 2015 June 30, 2016 Comment Preparation of consolidated financial statements for PILOT Ministries in accordance with Part 1, Cash IPSAS Value 0.00 2.00 2.00 Date December 16, 2010 September 1, 2015 June 30, 2016 Comment Numbers of research studies into high priority PFM areas completed and disseminated Value 0.00 5.00 5.00 Date December 16, 2010 September 1, 2015 June 30, 2016 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Number of DTCOs where TSA implemented Value 8.00 75.00 75.00 Date December 16, 2010 September 1, 2015 June 30, 2016 Comment Number of Spending Unit (SU) Bank Accounts Closed Value 1300.00 13800.00 14000.00 Date December 16, 2010 September 1, 2015 June 30, 2016 Comment Number of FCGO , line department and DTCO staff trained or oriented; and still deployed to perform the functions envisaged Value 600.00 7026.00 5500.00 Date December 16, 2010 September 1, 2015 June 30, 2016 Comment Number of master trainers trained (TSA and IPSAS) and working as trainers under the project Value 0.00 35.00 75.00 Date December 16, 2010 September 1, 2015 June 30, 2016 Comment Software redeveloped after removing bugs as reported in current software Value Functional Functional Date December 16, 2010 September 1, 2015 June 30, 2016 Comment New features added in software to meet and additional feature such as commitment accounting Value Functional Functional Date December 16, 2010 September 1, 2015 June 30, 2016 Comment Preparation of consolidated financial statements for PILOT Ministries in accordance with Part 1, Cash IPSAS Value 0.00 2.00 2.00 Date December 16, 2010 September 1, 2015 June 30, 2016 Comment Listed SOEs prepare accrual financial statements in accordance with IFRS Value 0.00 0.00 100.00 Date December 16, 2010 September 1, 2015 June 30, 2016 Comment Implementation of commitment controls in the budgetary entities of GoN (within pilot ministries) Value 100% of budgetary entities Date December 16, 2010 September 1, 2015 June 30, 2016 Comment Number of persons trained in application of new accounting standards based on IFRS Value 0.00 40.00 225.00 Date December 16, 2010 September 1, 2015 June 30, 2016 Comment Number of GoN finance and accounts staff trained in application of Cash based IPSAS and still deployed to perform the functions envisaged Value 0.00 30.00 500.00 Date December 16, 2010 September 1, 2015 June 30, 2016 Comment Secretariat manual and procedures prepared and implemented Value Implemented Implemented Date December 16, 2010 September 1, 2015 June 30, 2016 Comment Number of National level PEFA Steering committee meetings supported during the project period Value 0.00 20.00 12.00 Date December 16, 2010 September 1, 2015 June 30, 2016 Comment Number of research studies completed and disseminated Value 0.00 6.00 12.00 Date December 16, 2010 September 1, 2015 June 30, 2015 Comment Carried out repeat PEFA assessment Value In process of finalization Completed Date December 16, 2010 November 30, 2014 June 30, 2016 Comment Number of seminars & workshops conducted for raising PFM awareness Value 0.00 59.00 7.00 Date December 16, 2010 September 1, 2015 June 30, 2016 Comment PEFA journal published and disseminated Value 0.00 4.00 0.00 Date December 16, 2010 September 1, 2015 June 30, 2016 Comment