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 Name||Improved Public Financial Management Systems|
|Country||Lao People's Democratic Republic
|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 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.|
|Description of Outcome|
|Progress Toward Outcome|
|Description of Project Outputs|
|Status of Implementation Progress (Outputs, Activities, and Issues)|
|Summary of Environmental and Social Aspects|
|Stakeholder Communication, Participation, and Consultation|
|During Project Design|
|During Project Implementation|
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||Jena, Prasanna Kumar|
|Responsible ADB Department||Southeast Asia Department|
|Responsible ADB Division||Public Management, Financial Sector and Trade Division, SERD|
Ministry of Finance
Sanya Praseuth (MOF) and Amphonnary Keola (SAO),
[email protected], and [email protected]
Minsitry of Finance, Cabinet office and State Audit Organization
|Concept Clearance||10 Mar 2007|
|Fact Finding||30 Apr 2007 to 02 May 2007|
|Approval||26 Jul 2007|
|Last Review Mission||-|
|PDS Creation Date||02 Jul 2008|
|Last PDS Update||18 Oct 2010|
|Approval||Signing Date||Effectivity Date||Closing|
|26 Jul 2007||18 Dec 2007||18 Dec 2007||30 Jun 2009||31 Jan 2011||-|
|Financing Plan/TA Utilization||Cumulative Disbursements|
|850,000.00||0.00||0.00||0.00||0.00||0.00||850,000.00||26 Jul 2007||818,265.22|
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.
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None currently available.
Evaluation Documents See also: Independent Evaluation
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