Management & Finance Project

closed

The purpose of the Management and Financial Training Project is to increase the quality and supply of skills needed to support the transition to a market economy in such areas as enterprise restructuring, the financial sector reforms and privatization. The project has three principal objectives: 1) to train practitioners in three core fields of management, financial sector, and public finance; 2) to develop an intermediary institution to mobilize and channel resources for high priority training investments; and 3) to implement pilot projects in other key market areas and establish the basis for a broader second-phase investment. The project will finance programs within the following eligible fields: 1) in management development by training managers in privatized enterprises; strengthening management capacity in terms of policy, standards, resources; and development of professional supporting infrastructure; 2) in the financial sector by training in auditing, auditing and financial management, and banking; in particular, training of accountants and auditors, financial managers and bankers; 3) in public finance, by training of senior public finance officials in revenue collection and budget processes; and 4) a phase two pilot project which will include the development and implementation of subprojects of limited scale in other important areas such as small business, public administration, and market economics for the general public.