Preparation of Annual Statements of Progress of Public Financial Management Reform Programme – Fiduciary Risk Assessment

The DFIDB was seeking consultancy assistance to prepare a country Annual Statement of Progress (ASP) against the main fiduciary risks identified in the March 2006 FRA. This should be completed by August 2007, and would update the country fiduciary risk assessment (FRA) completed in March 2006.

• Understanding the FRA Report prepared in March 2006 which used the DFID 15 indicator format; Understand the PEFA report prepared in May 2005 and identify the key areas of fiduciary risk;

• Understand the scores against the 31 PEFA indicators using the outline PEFA review carried out in November 2006. Where there might be further progress on specific indicators which would affect scoring, update and record the current situation for each;

• Summarize the major changes and the impact of these changes on risks for the DFID programme. Exercise professional judgment to determine whether any of the risk ratings in the March 2006, associated with the DFID FRA 8 Good Practice Principles and 15 benchmarks need to be revised;

• Assess the significance of any negative movement in risk ratings in terms of their impact on the overall level of fiduciary risk; Make an explicit statement of the overall level of fiduciary risk, the level of corruption and the credibility of the PFM reform programme. (In carrying out these tasks, the consultant is to recognize that The World Bank has two pipeline programmes, National Board of Revenue and Public Procurement and up to date information and analysis is available from World Bank officials to support the PEFA analysis.)