The World Bank Implementation Status & Results Report The Public Expenditure Management Network in Asia (P149303) The Public Expenditure Management Network in Asia (P149303) EAST ASIA AND PACIFIC | East Asia and Pacific | Governance Global Practice | Recipient Executed Activities | Investment Project Financing | FY 2014 | Seq No: 5 | ARCHIVED on 18-Dec-2019 | ISR38094 | Implementing Agencies: Korea Institute of Public Finance, KIPF PEMNA Secretariat Key Dates Key Project Dates Bank Approval Date: 27-Nov-2013 Effectiveness Date: 23-Dec-2013 Original Closing Date: 31-Dec-2019 Revised Closing Date: 31-Dec-2019 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The objective of PEMNA is to support formation and operationalization of a sustainable peer learning networks for public financialmanagement (PFM) practitioners from EAP countries, in which officials can share professional experiences and learn from each other,thereby improving own country PFM systems. More specifically, the program supports the operationalization of communities of practice (CoPs), a steering committee, and the PEMNA secretariat that facilitate member countries to: (a) exchange experience on specific, high priority PFM reforms and their implementation; (b) analyze common challenges faced; and (c) benchmark their own performance to one another. The program operationalizes the network where members have sense of belonging, with formal and informal contact, with positive results with regard to learning and the application of learning, and with a knowledge resource base for members. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Implementation Status and Key Decisions The program is moving towards achieving the development objectives and a second phase is under preparation. During this period, the Secretariat successfully completed three procurement processes: to upgrade the PEMNA website, to prepare the completion report, and prepare a research study. These were the first procurement processes implemented by the recipient. In total since 2017, the program implemented thirteen knowledge-sharing activities which included: 3 Treasury CoP meetings, 5 Budget CoP meetings, 2 plenary conferences, and 3 webinars. The recipient has two major activities currently underway: conducting a research study on Fiscal Transparency and preparation of Budget CoP meeting in Timor-Lest in February 2020. And extension of the closing date of the grant is being requested for the grantee to provide support beyond December 31, 2019. Risks Overall Risk Rating 12/18/2019 Page 1 of 5 The World Bank Implementation Status & Results Report The Public Expenditure Management Network in Asia (P149303) Risk Category Rating at Approval Previous Rating Current Rating Overall -- Low Moderate 5. Results Project Development Objective Indicators IN00730204 ►Steering Committee is formed with sufficient members and operates a representative body to provide guidance to the network (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Steering committee was Steering committee formed with 14 member was formed with 14 Steering Committee has countries and member countries and Steering Committee has been formed with sufficient operational, and is operational, and is Value been established but is members and is operating operating as the highest operating as the not fully operational as a guiding body of the guiding body of PEMNA highest guiding body network providing strategic of PEMNA providing directions. strategic directions. Date 17-Dec-2013 19-Jun-2017 19-Jun-2017 30-Jun-2017 IN00730261 ►Communities of Practice (CoPs) in budget and treasury effectively implement activities that facilitate peer-learning and inform the policy-making process of the member countries Communities of Practic (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Two CoPs have been implementing activities effectively that facilitate peer-learning based on the needs and interests of the member countries. Communities of Practice Two CoPs are formed The members provide (CoPs) in budget and and are effectively inputs to the topics treasury effectively Two CoPs in budget and implementing activities and sub-topics to be implement activities that Value treasury have yet been that facilitate peer- discussed at the facilitate peer-learning and operational learning and respond to PEMNA meetings and inform the policy-making priority topics and issues the country process of the member of the member countries experiences that will countries be most relevant to them. Post-event surveys confirm the meetings have provided useful insights. Date 17-Dec-2013 19-Jun-2017 30-Oct-2019 31-Dec-2019 IN00730263 ►A PEMNA secretariat is formed with sufficient staffing and provides necessary support to Steering Committee and CoPs (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target The Korea Institute of The Korea Institute of A Secretariat has been A Secretariat has not yet Value Public Finance serves as Public Finance serves formed with adequate been operational the PEMNA Secretariat as the PEMNA staffing and is providing 12/18/2019 Page 2 of 5 The World Bank Implementation Status & Results Report The Public Expenditure Management Network in Asia (P149303) with 4 program officers Secretariat with 4 necessary support to and one head of program officers and Steering Committee and Secretariat and providing one head of CoPs high quality support to Secretariat and Steering Committee and providing high quality CoPs. support to Steering Committee and CoPs. Date 17-Dec-2013 19-Jun-2017 19-Jun-2017 30-Jun-2017 Overall Comments PDO As per the current framework, this Grant has achieved its objectives and all indicators are well-achieved. Intermediate Results Indicators IN00730205 ►PEMNA's rules of operation is agreed among member countries and development partners and governance bodies effectively operates under its condition (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target PEMNA's rules of PEMNA's rules of operation are agreed PEMNA's rules of operation operation are agreed and and endorsed among are agreed and endorsed endorsed among member PEMNA's rules of member countries and among member countries countries and Value operation has not yet development partners, and development partners, development partners, been developed and governance and governance bodies and governance bodies bodies operate operate effectively under operate effectively under effectively under the the agreed rules the agreed rules agreed rules Date 17-Dec-2013 19-Jun-2017 19-Jun-2017 30-Jun-2017 IN00730262 ►Steering Committee is operational, executes its oversight role effectively and meets on a regular basis (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Steering Committee Steering Committee has has been formed, been formed, convened convened annually Steering Committee is annually during plenary during plenary launched with all support Steering Committee has conference, sets the Value conference, sets the and meets on a regular not yet been operational strategic direction, and strategic direction, and basis and provides provides oversight of the provides oversight of oversight budget and work the budget and work program. program. Date 17-Dec-2013 19-Jun-2017 19-Jun-2017 30-Jun-2017 IN00730264 ►Two CoPs in budget and treasury meet on a regular basis and hold activities based on the agreed annual plan (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Two CoPs have been Two CoPs have been Two CoPs in budget and Two CoPs meet in a regular operational, and have operational, and have Value treasury have not yet basis and hold activities been meeting 2-3 times a been meeting 2-3 been fully operational based on the annual work year. CoP members times a year. CoP 12/18/2019 Page 3 of 5 The World Bank Implementation Status & Results Report The Public Expenditure Management Network in Asia (P149303) develop annual work members develop plan agreed at a Steering plans and the Steering annual work plans and Committee Committee endorses the the Steering plan. Committee endorses the plan. Date 17-Dec-2013 19-Jun-2017 19-Jun-2017 30-Jun-2017 IN00730265 ►The secretariat effectively supports Steering Committee, two CoPs and other activities of the network (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target The Secretariat The Secretariat manages manages the recipient- the recipient-executed executed trust fund, The Secretariat is trust fund, and operates and operates with established, operates with with sufficient financial sufficient financial and sufficient financial and The Secretariat is and human resources human resources and human resources and established but not yet and manages Value manages manages administrative and has been fully administrative and administrative and logistical work that supports operational logistical work that logistical work that Steering Committee, two supports Steering supports Steering CoPs and other activities of Committee, two CoPs Committee, two CoPs the network and other activities of the and other activities of network the network Date 17-Dec-2013 19-Jun-2017 19-Jun-2017 30-Jun-2017 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P149303 TF-16153 Effective USD 2.40 2.40 0.00 2.40 0.00 100% P149303 TF-A4574 Effective USD 1.00 1.00 0.00 0.72 0.28 72% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P149303 TF-16153 Effective 20-Dec-2013 23-Dec-2013 23-Dec-2013 31-Dec-2015 31-Dec-2019 P149303 TF-A4574 Effective 28-Dec-2018 07-Jan-2019 07-Jan-2019 31-Dec-2019 31-Dec-2019 Cumulative Disbursements 12/18/2019 Page 4 of 5 The World Bank Implementation Status & Results Report The Public Expenditure Management Network in Asia (P149303) Restructuring History Level 2 Approved on 28-Dec-2018 Related Project(s) There are no related projects. 12/18/2019 Page 5 of 5