Skip to Main Navigation

Abstract*

The development objectives of the Building a Modern Fiscal System Technical Assistance Project for China are to inform the design and implementation of the Central Government's fiscal reform program and to improve the Government's capacity in public financial management. There are two components to the project, the first component being key elements of China’s public finance system. This component will also include project implementation support at...

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

Show More

Development Objective

The development objectives of the proposed project are to inform the design and implementation of the Central Government's fiscal reform program and to improve the Government's capacity in public financial management

Key Details

Project Details

  • P154694

  • Active

  • Kevin Chua , Elitza Mileva

  • People's Republic of China

  • China

  • March 17, 2016

  • (as of board presentation)

    April 29, 2016

  • August 25, 2016

  • US$ 28.15 million

  • Ministry of Finance, International Economic and Financial Cooperation Department,Policy Research Office, Ministry of Finance

  • East Asia and Pacific

  • 2016

  • US$ 22.00 million

  • C

  • Not Applicable

  • July 31, 2025

  • TBD

  • BANK APPROVED

  • December 4, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 22.00
Borrower/Recipient 6.15

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 22.00
IDA Commitment N/A
IBRD + IDA Commitment 22.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 28.15

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

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

Detailed Financial Activity as of April 30, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Apr 15, 2023 IBRD-86160 Int Charges 4,000.11
Apr 15, 2023 IBRD-86160 Int Charges 339,508.60
Nov 3, 2023 IBRD-86160 Loan Disb 906,260.06
Oct 15, 2023 IBRD-86160 Int Charges 6,875.07
Oct 15, 2023 IBRD-86160 Int Charges 3,852.07
Oct 15, 2023 IBRD-86160 Int Charges 411,571.60
Oct 15, 2023 IBRD-86160 Loan Repay 163,487.83
Apr 15, 2024 IBRD-86160 Int Charges 4,473.37
Apr 15, 2024 IBRD-86160 Int Charges 2,829.83
Apr 15, 2024 IBRD-86160 Int Charges 467,861.22
Apr 15, 2024 IBRD-86160 Loan Repay 179,478.48
May 16, 2024 IBRD-86160 Loan Cancel 1,066,200.00
Apr 29, 2016 IBRD-86160 Loan Commitment 22,000,000.00
Oct 15, 2017 IBRD-86160 Int Charges 26,252.98
Oct 15, 2017 IBRD-86160 Int Charges 12,602.85
Apr 15, 2017 IBRD-86160 Int Charges 11,551.89
Apr 15, 2017 IBRD-86160 Int Charges 138.69
Apr 15, 2017 IBRD-86160 Int Charges 26,427.31
Apr 15, 2017 IBRD-86160 Int Charges 8,499.75
Dec 5, 2016 IBRD-86160 Loan Disb 1,000,000.00
Aug 25, 2016 IBRD-86160 Loan Disb 55,000.00
Aug 25, 2016 IBRD-86160 Fee Charges 55,000.00
Apr 15, 2018 IBRD-86160 Int Charges 53.62
Apr 15, 2018 IBRD-86160 Int Charges 26,109.52
Apr 15, 2018 IBRD-86160 Int Charges 13,280.70
Sep 26, 2018 IBRD-86160 Loan Disb 801,744.75
Feb 1, 2019 IBRD-86160 Loan Disb 982,452.30
May 10, 2019 IBRD-86160 Loan Disb 801,414.00
Oct 15, 2018 IBRD-86160 Int Charges 26,148.65
Oct 15, 2018 IBRD-86160 Int Charges 18,502.06
Oct 15, 2019 IBRD-86160 Int Charges 65,158.14
Oct 15, 2019 IBRD-86160 Int Charges 23,149.35
Apr 15, 2019 IBRD-86160 Int Charges 1,355.51
Apr 15, 2019 IBRD-86160 Int Charges 24,618.87
Apr 15, 2019 IBRD-86160 Int Charges 41,306.02
Apr 15, 2019 IBRD-86160 Int Charges 104.33
Dec 2, 2019 IBRD-86160 Loan Disb 969,921.10
Oct 15, 2020 IBRD-86160 Int Charges 20,854.80
Sep 8, 2020 IBRD-86160 Loan Disb 823,867.06
Oct 15, 2020 IBRD-86160 Int Charges 58,113.00
May 18, 2020 IBRD-86160 Loan Disb 657,636.00
Apr 15, 2020 IBRD-86160 Int Charges 22,081.12
Apr 15, 2020 IBRD-86160 Int Charges 65,766.62
Dec 28, 2020 IBRD-86160 Loan Disb 800,961.10
Jan 12, 2021 IBRD-86160 Loan Cancel 5,500,000.00
Dec 7, 2020 IBRD-86160 Loan Disb 681,584.50
Apr 15, 2021 IBRD-86160 Int Charges 208.22
Apr 15, 2021 IBRD-86160 Int Charges 1,671.57
Apr 15, 2021 IBRD-86160 Int Charges 15,109.50
Apr 15, 2021 IBRD-86160 Int Charges 44,554.81
May 28, 2021 IBRD-86160 Loan Disb 708,019.50
Aug 2, 2021 IBRD-86160 Loan Disb 1,715,720.60
Oct 28, 2021 IBRD-86160 Loan Disb 793,999.90
Oct 15, 2021 IBRD-86160 Int Charges 9,638.80
Oct 15, 2021 IBRD-86160 Int Charges 55,980.36
Oct 15, 2021 IBRD-86160 Loan Repay 109,981.53
Apr 15, 2022 IBRD-86160 Int Charges 7,066.13
Apr 15, 2022 IBRD-86160 Int Charges 63,924.94
Apr 15, 2022 IBRD-86160 Loan Repay 122,032.63
Mar 30, 2022 IBRD-86160 Loan Disb 1,091,501.40
Oct 15, 2022 IBRD-86160 Loan Repay 138,259.20
Oct 15, 2022 IBRD-86160 Int Charges 119.60
Oct 15, 2022 IBRD-86160 Int Charges 457.68
Oct 15, 2022 IBRD-86160 Int Charges 5,786.04
Oct 15, 2022 IBRD-86160 Int Charges 178,079.88
Oct 31, 2022 IBRD-86160 Loan Disb 1,542,937.90
Apr 15, 2023 IBRD-86160 Loan Repay 159,459.81
Apr 15, 2023 IBRD-86160 Int Charges 11,916.93

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2024-12-04
Financial Management Satisfactory 2024-12-04
Overall Implementation Progress (IP) Moderately Satisfactory 2024-12-04
Project Management Moderately Satisfactory 2024-12-04
Procurement Satisfactory 2024-12-04
Monitoring and Evaluation Moderately Satisfactory 2024-12-04

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT:
Outcomes
Risk to Development Outcome
Bank Performance
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Dissemination of fiscal policy reform proposals to decision makersValue0.0013.0013.00
    DateSeptember 6, 2016November 30, 2023November 30, 2023
    Comment
  • Enhanced capacity and skills in core budget management systems in MOFValue0.0075.0075.00
    DateSeptember 6, 2016November 27, 2023June 30, 2021
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Policy studies undertakenValue0.0022.0020.00
    DateSeptember 6, 2016November 30, 2023June 30, 2021
    Comment
  • Policy studies undertakenValue0.008.006.00
    DateSeptember 6, 2016November 30, 2023June 1, 2021
    Comment
  • High level policy dialogue workshopsValue0.002.002.00
    DateSeptember 6, 2016November 30, 2023June 1, 2021
    Comment
  • High level policy dialogue workshopsValue0.000.000.00
    DateSeptember 6, 2016November 30, 2023June 1, 2021
    Comment
  • Public outreach of policy study findings on fiscal policyValue0.009.006.00
    DateSeptember 6, 2016November 30, 2023June 1, 2021
    Comment
  • Public outreach of policy study findings on fiscal policyValue0.004.003.00
    DateSeptember 6, 2016November 30, 2023June 1, 2021
    Comment
  • Capacity building: secondmentsValue0.0024.009.00
    DateSeptember 6, 2016November 30, 2023June 1, 2021
    Comment
  • Capacity building: trainingValue0.0029.00170.00
    DateSeptember 6, 2016November 30, 2023June 1, 2021
    Comment
  • Capacity building: trainingValue0.00134.0060.00
    DateSeptember 6, 2016November 30, 2023June 30, 2021
    Comment
  • Collecting, recording and reporting inputs received from beneficiariesValue0.001.001.00
    DateSeptember 6, 2016November 30, 2023June 30, 2020
    Comment
  • Collecting, recording and reporting inputs received from beneficiariesValue0.006.004.00
    DateSeptember 6, 2016November 30, 2023June 1, 2021
    Comment