Public Financial Management Modernization

closed

The objectives of the Public Financial Management (PFM) Modernization Project Adaptable Program Loan for Tajikistan are to establish basic processes for efficient and transparent management of public expenditures and to develop adequate institutional capacity to support the implementation and sustained functioning of an automated financial management information system. The project includes the following components: (1) building capacity for PFM; the component will help build institutional capacity of the key Ministry of Finance’s (MoF) structures, develop management and technical capacity of core personnel in the MoF and budget organizations, as well as support management of the PFM project and more broadly the management of implementation of the PFM Strategy. (2) Streamlining core budget management procedures; this component will support: improvement of budget planning and budget preparation; implementation of the integrated chart of accounts and improved budget classification system aligned with international standards; improvement of procedures for budget execution through the treasury system; redesigning the existing information systems to align operations with changes to the budget classification system and chart of accounts; implementation of upgraded information system. (3) Preparation for automation of core PFM operations component; this component will be a support for establishment and capacity building of the MoF's IT Center; modernization of MoF Information and Communication Technologies (ICT) infrastructure, including an upgrade of the existing information systems, the ICT equipment for main system and backup centers and local treasury offices; support for change management (technical training, study visits for the MoF and IT Center staff and workshops); and preparation of the financial management information system technical requirements and procurement documents.