Public Disclosure Copy The World Bank Implementation Status & Results Report Public Finance Management Modernization Project 2 (P150381) Public Finance Management Modernization Project 2 (P150381) EUROPE AND CENTRAL ASIA | Tajikistan | Governance Global Practice | IBRD/IDA | Investment Project Financing | FY 2015 | Seq No: 2 | ARCHIVED on 02-Sep-2016 | ISR24765 | Implementing Agencies: Ministry of Finance Key Dates Key Project Dates Bank Approval Date:01-Jun-2015 Effectiveness Date:10-May-2016 Planned Mid Term Review Date:01-Oct-2018 Actual Mid-Term Review Date:-- Original Closing Date:30-Jun-2021 Revised Closing Date:30-Jun-2021 Project Development Objectives Project Development Objective (from Project Appraisal Document) The development objective of the project is to improve effectiveness, control and accountability of public expenditure of the Republic of Tajikistan. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name 1. Public Finance Management Modernization:(Cost $8.80 M) 2. Strengthening Public Procurement:(Cost $2.50 M) 3. Strengthening External Audit:(Cost $2.70 M) 4. Managing Public Administration Reforms:(Cost $4.90 M) 5. Project Management:(Cost $2.10 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Moderately Satisfactory  Moderately Satisfactory Overall Implementation Progress (IP)  Moderately Satisfactory  Moderately Satisfactory Overall Risk Rating  Substantial  Substantial 9/2/2016 Page 1 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Public Finance Management Modernization Project 2 (P150381) Implementation Status and Key Decisions The project have started activities on components on public finance and public administration. The first project supervision mission is expected in the second half of September 2016. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  Moderate  Moderate  Moderate Macroeconomic  High  High  High Sector Strategies and Policies  Moderate  Moderate  Moderate Technical Design of Project or Program  Moderate  Moderate  Moderate Institutional Capacity for Implementation and Sustainability  Moderate  Moderate  Moderate 9/2/2016 Page 2 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Public Finance Management Modernization Project 2 (P150381) Fiduciary  Substantial  Substantial  Substantial Environment and Social  Low  Low  Low Stakeholders  High  High  High Other  --  Moderate  Moderate Overall  Substantial  Substantial  Substantial Results Project Development Objective Indicators PHINDPDOTBL  Improved effectiveness of public expenditure measured by the increased alighnment of expenditure with policy priorities (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 10.00 10.00 75.00 Date 01-Jan-2013 14-Dec-2015 01-Aug-2016 30-Jun-2021 PHINDPDOTBL  Improved control of public expenditure measured by the stock of expenditure payment arrears (in percent of total expenditure by period) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 2.00 Date 01-Jan-2013 14-Dec-2015 01-Aug-2016 30-Jun-2021 PHINDPDOTBL  Improved accountability of public expenditure measured by the quality of annual financial reports (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 8.00 -- 8.00 12.00 Date 01-Jan-2013 -- 01-Aug-2016 30-Jun-2021 PHINDPDOTBL  Improved accountability of public expenditures measured by the quality of financial audit (PI-26i) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target 9/2/2016 Page 3 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Public Finance Management Modernization Project 2 (P150381) Value 50.00 -- 50.00 75.00 Date 01-Jan-2013 -- 01-Aug-2016 30-Jun-2021 Overall Comments Intermediate Results Indicators PHINDIRITBL  Beneficiaries satisfied with systems and procedures implemented by the project, as measured by user satisfaction surveys (percent of users surveyed) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 60.00 Date 01-Sep-2015 -- 01-Aug-2016 30-Jun-2021 PHINDIRITBL  Percent of women beneficiaries satisfied with systems and procedures implemented by the project, as measured by user satisfaction surveys (Percentage, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 30.00 Date 01-Sep-2015 -- 01-Aug-2016 30-Jun-2021 PHINDIRITBL  Additional functionalities (modules) of TFMIS (commitment control, cash management, payment order processing, assets management andpayroll management) installed and operational (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 5.00 Date 01-Jan-2015 -- 01-Aug-2016 30-Jun-2021 9/2/2016 Page 4 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Public Finance Management Modernization Project 2 (P150381) PHINDIRITBL  Timeliness of annual financial reports (PI-25ii) (Months, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 9.00 -- 9.00 6.00 Date 01-Jan-2015 -- 01-Aug-2016 30-Jun-2021 PHINDIRITBL  Key procurement information is made available to the public in a timely manner through appropriate means (PI-19iii) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 10.00 -- 10.00 100.00 Date 01-Jan-2015 -- 01-Aug-2016 30-Jun-2021 PHINDIRITBL  Total value of contracts that were awarded through an open and competitive process (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 25.00 25.00 25.00 100.00 Date 01-Jan-2015 14-Dec-2015 01-Aug-2016 30-Jun-2021 PHINDIRITBL  Evidence of follow up on audit recommendations (in percent of audit recommendations) (PI-26iii) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 25.00 -- 25.00 80.00 Date 01-Jul-2015 -- 01-Aug-2016 30-Jun-2021 9/2/2016 Page 5 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Public Finance Management Modernization Project 2 (P150381) PHINDIRITBL  Coverage of external audit (in percent of total expenditure) (PI-26i) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 50.00 50.00 50.00 75.00 Date 01-Jan-2015 14-Dec-2015 01-Aug-2016 30-Jun-2021 PHINDIRITBL  Timeliness of changes to personnel records and the payroll (months) (PI-18ii) (Months, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 4.00 -- 4.00 0.00 Date 01-Jan-2013 -- 01-Aug-2016 30-Jun-2021 PHINDIRITBL  The number of services available through e-Governance system (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 5.00 Date 01-Jan-2015 -- 01-Aug-2016 30-Jun-2021 PHINDIRITBL  Project supported NGO publishing reports on feedback received and how this feedback has been used. (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N N Y Date 01-Sep-2015 14-Dec-2015 01-Aug-2016 30-Jun-2021 Overall Comments Data on Financial Performance 9/2/2016 Page 6 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Public Finance Management Modernization Project 2 (P150381) Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P150381 IDA-56310 Effective USD 5.50 5.50 0.00 0.00 5.65 0% P150381 IDA-D0550 Effective USD 4.50 4.50 0.00 1.00 3.47 22% P150381 TF-A1735 Effective USD 9.77 9.77 0.00 0.65 9.12 7% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P150381 IDA-56310 Effective 01-Jun-2015 17-Feb-2016 10-May-2016 30-Jun-2021 30-Jun-2021 P150381 IDA-D0550 Effective 01-Jun-2015 17-Feb-2016 10-May-2016 30-Jun-2021 30-Jun-2021 P150381 TF-A1735 Effective 17-Feb-2016 17-Feb-2016 10-May-2016 30-Jun-2021 30-Jun-2021 Cumulative Disbursements Restructuring History There has been no restructuring to date. 9/2/2016 Page 7 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Public Finance Management Modernization Project 2 (P150381) Related Project(s) There are no related projects. 9/2/2016 Page 8 of 8 Public Disclosure Copy