|Project Name||Supporting Public Financial Management, Phase 2|
|Country||Papua New Guinea|
|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 administration - Public expenditure and fiscal management
|Gender Equity and Mainstreaming|
|Project Rationale and Linkage to Country/Regional Strategy|
|Description of Outcome|
|Progress Toward Outcome||The PFMTA Phase II continues to make progress towards the more effective and efficient utilization of public finances for service delivery and infrastructure provision. This has included through the strengthening of public financial management systems through improved transparency, accountability, and efficiency in managing and using public resources by the national government.|
|Description of Project Outputs|
|Status of Implementation Progress (Outputs, Activities, and Issues)||
Outputs under section 1 of the TA have included (i) a comprehensive draft concept paper on various options for financing the construction and maintenance of infrastructure from the sovereign wealth fund, (ii) a final concept paper that incorporates commentary from peer reviewers, (iii) presentation of the concept paper and peer review recommendations to the sovereign wealth fund implementation secretariat and other relevant stakeholders. The infrastructure financing expert has also administered consultation workshops disseminating findings of the analysis.
Outputs under section 2 of the TA have included (i) development of a work plan for the new Statutory Authorities Monitoring branch within Department of Finance, (ii) development of financial instructions covering performance and financial reporting by statutory authorities, (iii) creation of a a database to support the branch in its monitoring role, and (iv) ongoing work towards the development of monitoring reports for a pilot group of statutory authorities.
Activities under both of these components of the TA have now been completed with a final report prepared and submitted.
Summary of Environmental and Social Aspects
|Stakeholder Communication, Participation, and Consultation|
|During Project Design||In conceptualizing the assistance, preliminary consultations were conducted during the preparation of the country partnership strategy. A fact-finding mission took place from 3 to 7 September 2012 to discuss and agree the TA. The government concurred with the impact and outcome, the methodology and key activities, and the cost, financing, and implementation arrangements.|
|During Project Implementation|
|Consulting Services||The TA will require international consultants (estimated 25 person-months) with skills and expertise in economics, finance, PFM, or governance, particularly in fund management governance arrangements, and statutory authority governance. All consultants will be engaged as individuals. ADB will engage consultants in accordance with its Guidelines on the Use of Consultants (2010, as amended from time to time).|
|Procurement||The TA is estimated to cost $1,000,000, of which the full amount will be financed on a grant basis by ADB's Technical Assistance Special Fund (TASF-IV). The government will provide counterpart support in the form of office accommodation for consultants, provision of counterpart staff and support services, and other in-kind contributions. Disbursements under the TA will be made in accordance with ADB's Technical Assistance Disbursement Handbook (2010, as amended from time to time).|
|Responsible ADB Officer||Basnett, Yurendra|
|Responsible ADB Department||Pacific Department|
|Responsible ADB Division||Papua New Guinea Resident Mission|
Department of Treasury
6/F The Treasury Building, Lamana Road
P.O Box 542, Waigani Drive, NCD
Papua New Guinea
|Last Review Mission||-|
|Last PDS Update||23 Jan 2015|
|Approval||Signing Date||Effectivity Date||Closing|
|12 Nov 2012||11 Dec 2012||11 Dec 2012||31 Oct 2014||31 May 2016||-|
|Financing Plan/TA Utilization||Cumulative Disbursements|
|1,000,000.00||0.00||0.00||0.00||0.00||0.00||1,000,000.00||12 Nov 2012||735,911.03|
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.
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|Title||Document Type||Document Date|
|Supporting Public Financial Management, Phase 2: Technical Assistance Completion Report||TA Completion Reports||Jun 2017|
|Supporting Public Financial Management, Phase 2: Technical Assistance Report||Technical Assistance Reports||Nov 2012|
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
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