Public Financial Management Project: Strengthening Budget Preparation – Component II – Developing Sector Strategies
Client
Ministry of Finance, Republic of Iraq
Sector
Finance and Risk, Public Finance
Country
Iraq
Timeline
2011-14
Project Description
The PFM Project is meant to strengthen budget execution and control, improve transparency and accountability in the mobilization and use of public resources and build capacity for improved public financial management. Cross-cutting reforms in PFM will be addressed at the national level and will be extended where necessary and appropriate to the sub-national system. The aim will be to strengthen budget formulation, execution and control, improve public financial reporting, strengthen public procurement and develop capacity in PFM. The activities include the Development of a National Implementation Manual and sector specific standard bidding documents based on overall laws.
Develop detailed sector strategies
Strengthen investment project preparation and appraisal
Strengthen investment project preparation and appraisal
Description of Services Provided
Convene strategic planning teams and investment project planning team
Review existing studies, plans and templates
Draft Strategic Plan outline and Investment Project template and evaluation process
Workshops to discuss outlines
Draft Strategic Plan
Workshop to review Draft Deliverables
Finalize Draft Plan and Investment Project Template
Present Plans and Templates to Ministries of Planning, Finance, Water Resources and other stakeholders
Finalize Deliverables
Deliverables Adoption by Ministries
Design curriculum for training workshops on budget strategy and investment project design and evaluation
Obtain approval from relevant agencies for the training outlines Carry out training