The PPTA will support implementation of FMRP II and ensure that the Government has relevant information for effective decision making in support of fiscal consolidation.
|Project Name||Deepening of Fiscal Management Reforms|
|Project Type / Modality of Assistance||Technical Assistance
|Source of Funding / Amount||
|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 PPTA will support implementation of FMRP II and ensure that the Government has relevant information for effective decision making in support of fiscal consolidation.|
|Project Rationale and Linkage to Country/Regional Strategy||The PPTA is consistent with the Sri Lanka Country Strategy and Program (2004-2008) which focuses on three main areas, namely: (i) economic reform, (ii) governance, and (iii) social development.|
|Impact||The PPTA will support the design of Fiscal Management Reform Program (FMRP) II and ensure that the Government has relevant analysis and information for effective decision making in support of fiscal consolidation and in particular, contribute to achieving the Government's revised target of a fiscal deficit of 5% of gross domestic product (GDP) and a national debt of 85% of GDP by 2010.|
|Description of Outcome||The PPTA will develop background studies that will serve to provide inputs towards the design of a policy framework to provide (i) continuity of reforms initiated under FMRP (i.e., strengthening revenue effort at selected provincial councils), (ii) deepening of reforms following FMRP (i.e., application of public expenditure reviews and extension of Treasury Fund Transfer System (TFTS); and (iii) complementary reforms following FMRP (i.e., developing capacity for management audit functions of the Treasury, developing foundations of a service delivery framework).|
|Progress Toward Outcome|
|Description of Project Outputs||The PPTA will assist in identifying at the core further expenditure containment measures and complemented by medium term revenue measures to support the Government's fiscal consolidation program. On the expenditure side, expected outputs include developing (i) a comprehensive review of public expenditures in three sectors, including agriculture, education, health, with the objective of identifying expenditure containment measures in these three sectors; and (ii) a proposal for developing management audit functions at Ministry of Finance and Planning (MOFP) to develop improved systems and methods to increase effectiveness of spending and to enhance reporting on public spending. These fiscal supporting measures will be complemented by developing a (i) concept paper to assess the state of service delivery in three key sectors in Sri Lanka and developing a service delivery framework to ensure improved effectiveness and quality of service delivery over the medium term; and (ii) a proposal for deepening reforms on Treasury Single Account System (TSAS) and build further structure towards developing the PAFMIS as the final objective.|
|Status of Implementation Progress (Outputs, Activities, and Issues)|
|Geographical Location||Sri Lanka|
|Summary of Environmental and Social Aspects|
|Stakeholder Communication, Participation, and Consultation|
|During Project Design|
|During Project Implementation|
|Consulting Services||Consulting services required for the TA include 5 person-months of international consultants and 20 person-months of national consultants. The international and national consultants will be mobilized intermittently over a 6-month period. A consulting firm will be selected using the quality-and cost-based selection method. Consultants will be recruited in accordance with ADB's Guidelines on the Use of Consultants (2007, as amended from time to time). The findings of the TA will be presented in a workshop at the end of the project.|
|Responsible ADB Officer||Shin, Kevin Kyung-Nam|
|Responsible ADB Department||South Asia Department|
|Responsible ADB Division||Public Management, Financial Sector and Trade Division, SARD|
Ministry of Finance and Planning
Saman Mawatha, Galawilawatta, Homagama, Sri Lanka
|Concept Clearance||04 Feb 2008|
|Fact Finding||30 Apr 2008 to 02 May 2008|
|Approval||25 Jul 2008|
|Last Review Mission||-|
|PDS Creation Date||13 Mar 2008|
|Last PDS Update||06 Apr 2010|
|Approval||Signing Date||Effectivity Date||Closing|
|25 Jul 2008||05 Sep 2008||05 Sep 2008||31 May 2009||31 Dec 2010||-|
|Financing Plan/TA Utilization||Cumulative Disbursements|
|300,000.00||0.00||60,000.00||0.00||0.00||0.00||360,000.00||25 Jul 2008||274,062.00|
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
|Title||Document Type||Document Date|
|Preparing the Deepening of Fiscal Management Reforms (Financed by the Japan Special Fund)||Technical Assistance Reports||Jul 2008|
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
None currently available.
None currently available.
The Public Communications Policy (PCP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.
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