Strenghtening public resources management project
«Strenghtening public resources management» Project administered by the World Bank, is part of the EU Program for the Reform of Public Administration and Finance (EURoPAF) and consists of two parts: Part A "Strengthening Human Resource Management in the Civil Service" and Part B "Supporting the Implementation of the Public Finance Management Strategy".
The Ministry of Finance is responsible for the implementation of Part B in the amount of 1 310 529 USD, which provides for:
(i) supporting the implementation of the Public Finance Management Reform Strategy for 2017-2020 and identifying future ICT investments for the public finance management system through an ICT audit;
(ii) support in the modernization of budget planning software to implement medium-term budget planning;
(iii) support in upgrading the existing ICT equipment to ensure the continuity of the functioning of the systems at the Ministry of Finance;
(iv) strengthening the capacity of ICT systems to ensure the timely exchange of information necessary for cash management and forecasting.
Achievement of this goal in particular, is planned by the Ministry of Finance of a number of following measures:
- audit of information and communication technologies;
- updating the budget planning module;
- support IT needs;
- modernization of the Ministry of Finance to facilitate forecasting of information on cash flow;
- creation of institutional capacity.
Part B Activities Supporting the Implementation of the Public Finance Management Strategy of the Project will be carried out during 2017-2019 and its implementation should be completed by July 31, 2020.
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