RMI Strengthening Public Financial Management II

dropped

The Project builds on the achievements of the PFM I project to further support key strategic areas defined in GoRMI’s PFM Reform Roadmap by addressing challenges in core institutional public finance capacity. Specifically, the project supports: i) strengthened PFM practices in accounting, financial reporting, procurement internal audit, enhanced transparency and citizen engagement, ii) the continued modernization of PFM systems with continued FMIS support and expansion, and iii) strengthened PFM capacity at both the institutional and individual levels. This will include building human resource capacity and strengthening technical competencies in MOFBPS. The project will thereby strengthen institutional capacity by ensuring consistent guidance to foster policy coherence, decreasing reliance on scarce human resources by increasing automation, and a comprehensive program of capacity-building. The primary project beneficiary is the MOFBPS. Line ministries, SOEs and other component units will also benefit from the project.