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Strengthening Public Financial Management II Project

Abstract*

The project aims to improve fiscal management practices and promote transparency at the level of the National Government. It will focus on developing or revising legislation, guidelines, procedures, and templates related to various aspects of budgeting, including revenue forecasting, as well as procurement, transparency, internal audit, and financial reporting. Building upon the achievements of the previous Project for Strengthening Public Financial...

* 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

To improve fiscal management practices and increase fiscal transparency at the National Government level.

Key Details

Project Details

  • P181237

  • Active

  • Bonnie Sirois , Elena Georgieva-Andonovska

  • The Federated States of Micronesia

  • US$ 5.00 million

  • Department of Finance and Administration

  • East Asia and Pacific

  • 2025

  • US$ 13.00 million

  • N/A

  • Low

  • March 29, 2030

  • Yes

  • BANK APPROVED

  • October 2, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Grant 13.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 13.00
IBRD + IDA Commitment 13.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 5.00

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

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

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.