WASHINGTON, May 29, 2007 - The following project was approved today by the World Bank’s Board of Executive Directors:
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IDA GRANT: US$33.4 millionÂ
PROJECT DESCRIPTION: The main objective of the project is to develop an efficient and effective public financial management system and the human resource capacity of the Ministry of Finance (MOF) and Control and Audit Office (CAO) to ensure better operation of public financial management. To meet these objectives the project will assist departments within the MOF and the CAO to develop and implement the structures, procedures and systems required to carry out their mandates under the new public financial management law and provide consultants, training opportunities, and materials for the development of skills of MOF staff, line ministry staff, and CAO staff.
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For more information, please call Benjamin Crow at (202) 473-5105 or email
bcrow@worldbank.org
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