Lao People's Democratic Republic: Improved Public Financial Management Systems

Sovereign Project | 40300-012

Summary

The goal of the TA is to contribute to improved public financial accountability and transparency in support of the Government's development and poverty reduction policy objectives. The outcome will be (i) improved quality of reporting and internal control, and (ii) improved effective state audit oversight of public finances and expenditures.

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Project Name Improved Public Financial Management Systems
Project Number 40300-012
Country Lao People's Democratic Republic
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 4954-LAO: Improved Public Financial Management Systems
Technical Assistance Special Fund US$ 850,000.00
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Sector / Subsector

Public sector management - Public expenditure and fiscal management

Gender Equity and Mainstreaming No gender elements
Description The goal of the TA is to contribute to improved public financial accountability and transparency in support of the Government's development and poverty reduction policy objectives. The outcome will be (i) improved quality of reporting and internal control, and (ii) improved effective state audit oversight of public finances and expenditures.
Project Rationale and Linkage to Country/Regional Strategy The Government of the Lao People?s Democratic Republic (Lao PDR) aims to achieve economic growth, reduce poverty, and advance from its least-developed-country status by 2020. The National Growth and Poverty Eradication Strategy (NGPES) was approved by the National Assembly of the Lao PDR in October 2003. The NGPES provides a broad strategic framework from which future growth and poverty reduction programs will be developed and implemented. The NGPES emphasizes the need for capacity building relating to public financial management (PFM) at all levels of public administration. The Government of the Lao PDR (the Government) had requested the Asian Development Bank (ADB) to provide technical assistance (TA) to support the Lao PDR in improving its PFM. The TA is included in ADB?s Lao PDR: Country Strategy and Program 2007?2011, which emphasizes good governance as one of three strategic pillars of development assistance to the country.
Impact
Project Outcome
Description of Outcome
Progress Toward Outcome
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Nationwide
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services

Component 1: international accounting and internal audit specialist (team leader, 4pm), an international accounting training apecialist (10 pm) and an international audit training specialist (3 pm).National audit specialist and 2 national software dev't/training specialists (35 pm)

Component 2: international state audit specialist (team leader, 2.5 pm) and an international audit training specialist (7 pm).

The consultants will eb engaged through a firm.

Responsible ADB Officer Prasanna Kumar Jena
Responsible ADB Department Southeast Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, SERD
Executing Agencies
Ministry of Finance Sanya Praseuth (MOF) and Amphonnary Keola (SAO),sanya@mof.gov.la, and Keola@etLao.comMinsitry of Finance, Cabinet office and State Audit Organization
Timetable
Concept Clearance 10 Mar 2007
Fact Finding 30 Apr 2007 to 02 May 2007
MRM -
Approval 26 Jul 2007
Last Review Mission -
PDS Creation Date 02 Jul 2008
Last PDS Update 18 Oct 2010

TA 4954-LAO

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
26 Jul 2007 18 Dec 2007 18 Dec 2007 30 Jun 2009 31 Jan 2011 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
850,000.00 0.00 0.00 0.00 0.00 0.00 850,000.00 26 Jul 2007 818,265.22
Title Document Type Document Date
Improved Public Financial Management Systems TA Completion Reports Jul 2012
Improved Public Financial Management Systems Consultants' Reports Nov 2010
Improved Public Financial Management Systems Technical Assistance Reports Jul 2007

Safeguard Documents

See also: Safeguards

No documents found.

Evaluation Documents

See also: Independent Evaluation

No documents found.


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