DRC: Strengthening PFM and Accountability

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The objective of the Public Financial Management and Accountability Project for Democratic Republic of Congo (DRC) is to enhance the credibility, transparency, and accountability in the management and use of DRC's central and selected sub-national public finances. Considering the complementarity with other donor and Bank-funded programs, the proposed Multi-donor trust fund MDTF project will focus on downstream Public financial management reforms of the central government and public financial management in selected provinces (Equateur, Kasai Oriental and Nord Kivu). The project has 4 components. (1) Improving budget execution processes component will support the recipient to empower its line ministries in the budget execution process and improve cash management and internal audits. This component includes three sub-components: (a) supporting devolution of commitment authority to line ministries; (b) enhancing cash management and (c) strengthening of the Office of Inspector General of Finance. This component will be used to link the program with other Bank projects in health, education, agriculture, infrastructure and rural development sectors. (2) Strengthening budget oversight component will strengthen the Office of the Inspector General of Finance so that it is able to effectively control, crosscheck, and oversee the performance of public entities and systems. (3) Strengthening public financial management systems at provincial level component will support the recipient to improve financial management systems and public services in the provinces of Equateur, Kasaï-Oriental, and Nord Kivu or any other recipient’s province. (4) Project management component will support the project for the coordination, administration, communication, financial management, procurement, monitoring and evaluation, audit, and dissemination of the project’s activities at both central and local levels.