The World Bank Report No: ISR9919 Implementation Status & Results Armenia Capacity Building for Public Sector Auditing (P125933) Public Disclosure Copy Operation Name: Capacity Building for Public Sector Auditing (P125933) Project Stage: Implementation Seq.No: 1 Status: ARCHIVED Archive Date: 10-Apr-2013 Country: Armenia Approval FY: 2012 Product Line: Institutional Development Fund Region: EUROPE AND CENTRAL ASIA Lending Instrument: Implementing Agency(ies): FFPMC Key Dates Board Approval Date 16-Feb-2012 Original Closing Date 09-Nov-2015 Planned Mid Term Review Date 30-May-2014 Last Archived ISR Date Effectiveness Date 09-Nov-2012 Revised Closing Date 09-Nov-2015 Actual Mid Term Review Date Project Development Objectives Project Development Objective (from IDF Proposal) The objective of the Grant is to support the adoption of a capacity building strategy and action plan by the Armenian public sector external audit and the development and use of standardized audit methods. These objectives will contribute to improve the operational capacity of the Armenian public sector external audit. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) Component Name Component Cost Capacity assessment and strategy development. 126200.00 Development/adaption of the appropriate audit standards and methods. 344500.00 Audit 7300.00 Overall Ratings Previous Rating Current Rating Public Disclosure Copy Progress towards achievement of PDO Satisfactory Overall Implementation Progress (IP) Satisfactory Overall Risk Rating Moderate Implementation Status Overview A major assignment under the project is planned to commence in June 2013 and funds to be disbursed within 10-12 months period since then. Locations No Location data has been entered Page 1 of 3 The World Bank Report No: ISR9919 Results Indicators Public Disclosure Copy Indicator Name Core Unit of Measure Baseline Current End Target Adoption by COC of international public sector Text Value No audit standards and No audit standards and The COC has standards and auditing standards and methods. methods are available to be methods are available to be methods available to be used by the COC. used by the COC. followed. Date 19-Mar-2013 29-Mar-2013 02-Nov-2015 Comments Knowledge by key stakeholders of the major Text Value No comprehensive No comprehensive The COC present capacity gaps in the capacity and key constraints in the assessment of the COC is assessment of the COC is and constraints are assessed COC. available to reveal the gaps in available to reveal the gaps in and key weaknesses are the capacity and constraints the capacity and constraints identified by the COC and government. Date 19-Mar-2013 29-Mar-2013 02-Nov-2015 Comments Adoption of a strategy and implementation of a Text Value No capacity building strategy No capacity building strategy The COC capacity time bound action plan by COC. and action plan on COC and action plan on COC development strategy and strengthening is available. strengthening is available. action plan are developed and followed by the COC and government. Date 19-Mar-2013 29-Mar-2013 02-Nov-2015 Comments Data on Financial Performance (as of 27-Nov-2012) Financial Agreement(s) Key Dates Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P125933 TF-11901 Effective 18-Sep-2012 18-Sep-2012 09-Nov-2012 09-Nov-2015 09-Nov-2015 Public Disclosure Copy Disbursements Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P125933 TF-11901 Effective USD 0.48 0.48 0.00 0.00 0.48 0.00 Disbursement Graph Page 2 of 3 The World Bank Report No: ISR9919 Public Disclosure Copy Key Decisions Regarding Implementation Not available at this stage. Restructuring History There has been no restructuring to date. Related Projects There are no related projects. Public Disclosure Copy Page 3 of 3