The World Bank Report No: ISR15718 Implementation Status & Results Kyrgyz Republic Capacity Building in Public Financial Management (P112713) Public Disclosure Copy Operation Name: Capacity Building in Public Financial Management (P112713) Project Stage: Implementation Seq.No: 5 Status: ARCHIVED Archive Date: 07-Sep-2014 Country: Kyrgyz Republic Approval FY: 2009 Product Line: Recipient Executed Activities Region: EUROPE AND CENTRAL ASIA Lending Instrument: Technical Assistance Loan Implementing Agency(ies): Key Dates Board Approval Date 25-Nov-2008 Original Closing Date 30-Jun-2013 Planned Mid Term Review Date Last Archived ISR Date 25-Feb-2014 Effectiveness Date 16-Dec-2009 Revised Closing Date 31-Dec-2014 Actual Mid Term Review Date Project Development Objectives Project Development Objective (from Project Appraisal Document) The objective of the Capacity Building in Public Financial Management (CB-PFM) Project is to assist the Recipient in strengthening the effectiveness, efficiency and accountability of the Public Finance Management (PFM) through strengthening the budget process, the internal audit and control function and the institutional and human capacity of the Recipient's Ministry of Finance (MOF) and thatof other line Ministries of the Recipient. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) Component Name Component Cost Strengthening the Budget Process. 0.45 Improving the Medium Term Budget Framework, including the line ministries. 0.26 Internal Audit and Control. 0.38 Capacity Building in PFM. 2.10 Project Management. 0.30 Public Disclosure Copy Overall Ratings 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 Implementation Status Overview The CBPFM project execution has accelerated since 2012 and the increase in activities called for under the workplan has continued since the last ISR. This higher level of activity Page 1 of 4 The World Bank Report No: ISR15718 has occurred in every single component of the project. Recruitment of all international consultants envisioned in the workplan has occurred with the following exception, recruitment of an international consultant to support the activities of the internal audit component. The Ministry of Finance has requested to extend the CBPFM project from its current closing date of December 31, 2014, to May 31, 2015. During a meeting of the Project Board in Public Disclosure Copy June, the governing body of the project, the Board formally endorsed the request and the request is undergoing Bank review. The extension assumes no new activities to be undertaken by the project but, rather, that the additional time would be used to more fully execute the existing workplan. The extension also does not envision additional funding required beyond the amount of the existing grant to the Government. The project is on schedule to support the undertaking of a PEFA assessment with evaluation of consultant proposals in the final stages. The results of this assessment are expected to inform the Ministry about their future PFM reform priorities. Locations Country First Administrative Division Location Planned Actual Kyrgyz Republic Bishkek Gorod Bishkek ✔ Results Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target MOF publishes reports (on its website) of draft Text Value PEFA Indcator PEFA Indicator: budgets, budget outturns compared to the 2-C 2-B approved and revised budgets whenever 6-A 6-A suchreports are made available to Parliament. 7-D 7-C 8-B 8-A 11-B 11-A 12-C+ 12-B 21-D 21-C+ Date 16-Dec-2009 27-Aug-2013 31-Dec-2014 Comments Expenditure classification used in MTBF is Text Value MTBF includes forecast MTBF for 2015-2017 includes consistent with the expenditure classification of expenditures for the main 10 program classification. Public Disclosure Copy the annual budget. functions of the budget, but Annual budget for 2015 there is no data for economic includes program classification (PEFA2009, PI classification. 12 (i)) Date 16-Dec-2009 01-Feb-2014 31-Dec-2014 Comments Page 2 of 4 The World Bank Report No: ISR15718 Review of the scope of all major systems of Text Value No comprehensive analysis or Training materials and internal control in public bodies and agencies description of the public manuals produced for internal of KR which clarify the formal responsibility, bodies and agencies of KR' audit. Three pilot audits processes, structure and format of instructions. internal control system on conducted in accordance with Public Disclosure Copy PFM. manual on internal audit. Date 16-Dec-2009 01-Feb-2014 31-Dec-2014 Comments Capacity Text Value Training for PFM is weak. Consistent annual training Sub Type Very few staff have core plan in place. At least 20 management and technical mgmt, 50 senior staff, and Breakdown skills. 200 other staff trained. More than 2000 of PFMsystem personnel trained. Date 16-Dec-2009 01-Feb-2014 31-Dec-2014 Comments This component specifically relates to the capacity of management, administration and technical functions in the Ministry of Finance and key line ministries, specifically in Public Financial Management. Intermediate Results Indicators Indicator Name Core Unit of Measure Baseline Current End Target Budget Code is prepared which will include the Text Value First Draft prepared in June/ Final draft of the Budget Code MTBF proceedure including the regulations July 2012 to be presented to the related to sectoral ceilings. Parliament for approval Date 30-Jun-2012 01-Feb-2014 31-Dec-2014 Comments Data on Financial Performance (as of 16-Jul-2014) Public Disclosure Copy Financial Agreement(s) Key Dates Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P112713 TF-95472 Effective 16-Dec-2009 16-Dec-2009 16-Dec-2009 30-Jun-2013 31-Dec-2014 Disbursements (in Millions) Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P112713 TF-95472 Effective USD 7.49 7.49 0.00 4.74 2.75 63.00 Page 3 of 4 The World Bank Report No: ISR15718 Disbursement Graph Public Disclosure Copy Key Decisions Regarding Implementation The project has agreed to maintain a detailed action plan of key events that need to take place and monitor on a weekly basis with corrective action to be followed as required to meet project targets. Restructuring History Level 2 CD Decision on 27-Jun-2013, Level 2 CD Decision on 30-Oct-2013 Related Projects There are no related projects. Public Disclosure Copy Page 4 of 4