Key Dates Key Project Dates Public Disclosure...

The World Bank Implementation Status & Results ReportPublic Financial Management Reform Program Phase I (P147343)

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Public Disclosure Copy


Public Financial Management Reform Program Phase I (P147343)

AFRICA | Zambia | Governance Global Practice | Recipient Executed Activities | Investment Project Financing | FY 2014 | Seq No: 3 | ARCHIVED on 12-Apr-2016 | ISR21891 |

Implementing Agencies: Ministry Of Finance

Key Dates

Key Project Dates

Bank Approval Date:06-May-2014 Effectiveness Date:17-Jul-2014

Planned Mid Term Review Date:24-May-2016 Actual Mid-Term Review Date:--

Original Closing Date:31-Dec-2017 Revised Closing Date:31-Dec-2017

Project Development Objectives

Project Development Objective (from Project Appraisal Document)The project development objective (PDO) is to contribute to improving the efficiency and accountability of public resources.

Has the Project Development Objective been changed since Board Approval of the Project Objective? No

PHRPDODEL

Name Previous Rating Current Rating

Components

NameIntegrated Planning and Budgeting:(Cost $1.87 M)

IFMIS and Cash Management:(Cost $7.64 M)

Public Procurement:(Cost $4.06 M)

Enhanced Internal Audit and Control:(Cost $1.70 M)

Revenue Administration:(Cost $10.08 M)

Tax Policy Formulation:(Cost $0.58 M)

Program Management:(Cost $1.52 M)

Other PFM Interventions (Oversight Improvement etc.):(Cost $2.55 M)

Overall Ratings

Pub

lic D

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osur

e A

utho

rized

Pub

lic D

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osur

e A

utho

rized

Pub

lic D

iscl

osur

e A

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rized

Pub

lic D

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osur

e A

utho

rized


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Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory

Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory

Overall Risk Rating Substantial Substantial

Implementation Status and Key Decisions

The Project became effective on July 17, 2014 and was formally launched by Government on 19 August 2014. There is significant acceleration in the activities of Components 3,4 and 5 (Public Procurement, Internal Audit and Revenue administration), which are considered to be on track and rated as 'Satisfactory'. Component 8 (other PFM interventions) is funded for the first time in February 2016 to support the office of the Auditor General and Zambia Institute of Chartered Accountants and is rated as 'Satisfactory'. Component 2 (IFMIS and cash management) has made progress on several counts (chart of account, rollout to 43 MPSAs, TSA in Ministry of Finance, mainstreaming etc), but faces fundamental challenges on the overall strategic roadmap and fixing some technical issues. Focus is presently on the development of the roadmap which will guide all activities relating to IFMIS. Considering the progress made by the component on several fronts, it is rated as 'moderately satisfactory'. Component 7 (Program Management) continues to face the challenges of insufficient staffing. With the additional civil servants provided to the unit in early 2016, the unit witnessed significant improvement. The civil servant, who joined the team recently, is ably handling the M&E responsibilities. The unit receive further support when the M&E consultant joins in April 2016. However, there is no progress on engaging the procurement consultant and deputing a civil servant procurement specialist to the unit. The unit demonstrated improved performance in coordinating the PFM Reforms in the Government and is rated as 'moderately satisfactory. Component 1 (Planning and budgeting) and Component 6 (Tax Policy unit) are facing challenges on several fronts. These are relatively smaller components, yet significant. World Bank team is closely following up these components, which are rated as 'Moderately Unsatisfactory' for possible improvements in activities that are within their control. Some of the activities involve legislative process (enactment of new planning and budgeting bill) and would need to be further pursued by the leadership of the Ministry of Finance.


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Risks

Systematic Operations Risk-rating Tool

Risk Category Rating at Approval Previous Rating Current Rating

Political and Governance -- Moderate Moderate

Macroeconomic -- Moderate Moderate

Sector Strategies and Policies -- Substantial Substantial

Technical Design of Project or Program -- Substantial SubstantialInstitutional Capacity for Implementation and Sustainability -- Substantial Substantial

Fiduciary -- Moderate Moderate

Environment and Social -- Low Low

Stakeholders -- Substantial Substantial

Other -- -- --

Overall -- Substantial Substantial

Results

Project Development Objective IndicatorsPHINDPDOTBL

Improved fiscal discipline (Budget Credibility) - PI 2 (Text, Custom)

Baseline Actual (Previous) Actual (Current) End Target

Value D+ D+ D+ C

Date 31-Dec-2012 31-Dec-2014 31-Dec-2014 31-Dec-2017

CommentsThis is a PEFA indicator. Progress against this will be assessed after the PEFA assessment planned for 2016.


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PHINDPDOTBL

Improved transparency in public finance (Budget Reporting) - PI 24 (Text, Custom)


Value C C C B+



PHINDPDOTBL

Increased transparency in procurement - PI 19 (Text, Custom)


Value D+ D+ D+ B



PHINDPDOTBL

Enhanced internal control and internal audit - PI 20 (Text, Custom)


Value C+ C+ C+ B



PHINDPDOTBL

Effectiveness in collection of taxes - PI 15 (Text, Custom)


Value D+ D+ D+ B


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Overall CommentsPEFA Assessment is scheduled for 2016 with the support of PFM Reform Project. Progress against all PEFA indicators will be assessed in the World Bank mission subsequent to PEFA assessment.

Intermediate Results IndicatorsPHINDIRITBL

The Planning and Budgeting Policy Bill issued (Text, Custom)


Value Draft Policy issued

New Planning and Budgeting Policy has been issued by the Government. Draft Bill is developed and consultative workshops are planned. Bill likely to be brought up to Parliament in October 2015

New Planning and Budgeting Policy has been issued by the Government. Draft Bill is developed and consultative workshops are conducted. The bill was not submitted to cabinet after receiving inputs from Ministry of Justice.

7th NDP formulated using processes consistent with Planning and Budgeting Act.

Date 19-Nov-2013 09-Sep-2015 22-Mar-2016 30-Dec-2017

CommentsThe bill was not submitted to cabinet after receiving inputs from Ministry of Justice. The likelihood of enactment of new Planning and Budgeting law in 2016 is low. No financing under the project has been earmarked for this activity in 2016. The end target of 7th NDP being formulated using processes consisting with the new law, being achieved is low, since activities to develop 7th NDP are already in progress. However, since the policy is already issued by the Government, it is assumed that the 7th NDP will be consistent with the policy issued. When the law is enacted (on which there is significant amount of uncertainity), the NDP could prospectively target to be consistent with the new law.

PHINDIRITBL

Budget circular to be consistent with IFMIS chart of Account (Text, Custom)


Value Budget circular not as per IFMIS chart of Accounts

Minimal / no inconsistencies (need to be validated with parallel run of budget through IFMIS)

Unified Chart of Account has been implemented and confirmed by the Government. There are no reported inconsistencies during parallel run of budget

Revised BFP finalized


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through IFMIS.

Date 03-Apr-2014 02-Sep-2015 22-Mar-2016 30-Dec-2017

CommentsThis is substantially achieved as now the Budget circular is as per the IFMIS Chart of Account.

PHINDIRITBL

Program Based Budget Manual and Program Classification implemented (Text, Custom)


Value Program classification diluted

Output based budgeting piloted in Education department and more pilots are planned.

Critical review of OBB in Education with IMF support is planned in 2nd quarter of 2016

Program based budgeting rolled out to 10 MPSAs

Date 03-Apr-2014 09-Sep-2015 24-Sep-2015 30-Dec-2017

CommentsAfter IMF TA mission on OBB, further rollouts will be planned. WB is working together with IMF TA mission on OBB.

PHINDIRITBL

Number of planning and budget officials trained in the use of the new planning and budgeting manual (Number, Custom)


Value 0.00 0.00 0.00 200.00


CommentsSince the law is not yet passed, progress on this activity is not expected.


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PHINDIRITBL

IFMIS activities guided by strategic roadmap (Text, Custom)


Value No strategic roadmap for IFMIS --

Process of procuring consultancy for roadmap are underway

IFMIS roadmap adapted by Government and all IFMIS activities are guided by strategic roadmap

Date 23-Nov-2015 -- 24-Mar-2016 31-Dec-2017

PHINDIRITBL

IFMIS rolled out in all MPSAs (Number, Custom)


Value 36.00 43.00 44.00 50.00


CommentsBased on agreement with Accountant General, further rollouts will be done after a comprehensive and strategic roadmap is prepared and technical bugs of IFMIS are substantially resolved. There is signficant increase in availability and utilisation of IFMIS where already rolled out, which is a positive development.

PHINDIRITBL

IFMIS planning and budgeting module fully operational, including uploading of appropriated funds and authorized budget reallocations and amendments (Text, Custom)


Value Planning and budgeting module not operational.

Planning and budgeting module not operational

Budget paralled run through IFMIS is done.

2018 budget preparation using IFMIS budget module


CommentsParallel run of budget through IFMIS system is done. The budget of 2017 is expected to be developed exclusively using IFMIS.


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PHINDIRITBL

Cash Management Module fully operational (Text, Custom)


Value MoF using the moduleCash Management Manual under development

Cash Management Manual under development

Quarterly and monthly cash forecasts prepared and used for releases in all MPSAs

Date 03-Apr-2014 02-Jun-2015 24-Mar-2016 30-Dec-2017

CommentsCash Management Manual has been developed with the support of IFMIS Adviser financed under PFMRP. Training staff on the manual is conducted. The level of operationalisation of Cash Management module will be assessed during the mid-term review in May - June 2016

PHINDIRITBL

Budget execution consolidated reports issued quarterly within thirty days after end of quarter (Text, Custom)


Value Consolidation done with considerable delays

Budget Execution Reports for the year 2014 posted on MoF portal

Budget Execution Reports are being posted on the MoF portal, with signficant delays.

Reports issued quarterly within thirty days after end of quarter


CommentsQuarterly Budget Execution Reports are being posted in the MoF portal. This is an improvement over the earlier situation, where the practice of posting quarterly BERs has been stopped. However, on quality, format and timeliness parameters, there is signficant scope for improvement.

PHINDIRITBL

Treasury Single Account (TSA) implementation plan developed and agreed by Secretary Treasury to establish a comprehensive TSA (Text, Custom)


Value Initiated

TSA pilot in Ministry of Finance was successful and TSA is being rolled out in other ministries.

While TSA pilot in Ministry of Finance was successful, rollout to other Ministries has not commenced.

Completed and functional



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CommentsDespite successful implemetation in MoF, this has not been rolledout to other Ministries. MoF faced some technical challenges in terms of speed of transactions and security; the resolution of which took time. There is an urgent need to rollout TSA to all ministries to solve the proble of the huge number of bank accounts (11,168 in number) holding more than ZMW 1.5 billion idle cash balances. Inventory of bank accounts is already taken.

PHINDIRITBL

Reduction in month end bank balances (Text, Custom Breakdown)


Value Huge balances Huge balances

Some reductions reported by Government (further review likely in mid-term review)

Month end balances reduced as % of total cash balance in BoZ versus commercial banks

Date -- 02-Jun-2015 24-Mar-2016 31-Dec-2015

PHINDIRITBL

Service level Agreement with Banks (Text, Custom Breakdown)


Value No service level agreement with Banks Pilot SLAs commenced

SLAs with 10 commercial banks were signed

SLA finalized and signed with banks using competitive procuement process


PHINDIRITBL

No TSA implementation (Text, Custom Breakdown)


Value No accurate inventory of all government accounts

Inventory of Bank accounts is taken and TSA is being rolled out.

Inventory of all Bank accounts is taken and TSA rollout beyond MoF has been delayed compared to original plans.

Inventory of all government accounts complete and 70% of bank accounts either linked with TSA or inactivated as per legal


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provisions


PHINDIRITBL

Public Procurement Training (Number, Custom)


Value 0.00 259.00 259.00 240.00


CommentsThe comment covers various types of trainings, include those at lower level indicators below.1. ZPPA staff (old staff 13 and new staff 40) were trained so far in the new structure of ZPPA.2. MPSAs staff (100 nos) were trained in public procurement.3. 106 Private sector staff were trained in bidding process.4. 3 Attorneys were trained.

Certification (diploma and certificate) programmes are being rolled out by ZIPS; Identification and affiliation of Education providers and lecturers was done. Ten institutions were identified as tuition providers, namely University of Zambia, University of Lusaka, Copperbelt University, Cavendish University, LUTBM, Evelyn Hone College, National Institute of Public Administration, Lusaka Trades and Business College, Zambia Open University, Livingstone trades. ZIPS was able to enroll students in July 2015 for the December 2015 certificate level qualification examinations with its tuition providers, namely Evelyn Hone College and Zampost College Ndola. A total of 120 students were enrolled, but only 75 registered from which 74 sat the examinations and 70% of students who sat the examinations passed.

PHINDIRITBL

Procurement Staffs in MPSAs trained in public procurement (Number, Custom Breakdown)


Value 0.00 100.00 100.00 200.00



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PHINDIRITBL

Private sector staffs trained in bidding under public procurement (Number, Custom Breakdown)


Value 0.00 106.00 106.00 40.00


PHINDIRITBL

System to compare reference prices to support a competitive procedure for pricing based on market information and government wage policies and ceilings (Text, Custom)


Value None Final system established.

Final system established.

Final system established


CommentsThis has been successfully established with the Technical Support of World Bank experts. However, there is no assessment of the extent to which it is being used. This will be reviewed in the mid-term review.

PHINDIRITBL

User friendly Procurement Guidelines or Manual issued (Text, Custom)


Value Manual needs updating Contract is awarded; work in progress

Contract is awarded; work in progress

Updated Manual produced


CommentsFirm were contracted to prepare the procurement user manuals and guidelines for publication on the ZPPA website and work is expected to commence during first quarter of 2016.


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PHINDIRITBL

E-procurement pilots on a phased approach (Number, Custom)


Value 0.00 0.00 0.00 7.00


CommentseGP pilots are scheduled for May 2016 and the launch of eGP is scheduled for June 2016. The developer (Euro Dynamics) for the e-GP tender has been identified and engaged. The Development of the system is on track and the modules for procurement planning, e-tendering has been completed ready for deployment and testing. The work on the other modules which include contract management, procurement management information system, framework contracting, open contracting and reporting are in progress and expected be completed in the first quarter of 2016. Six ZPPA staff undertook study tours to Italy, Bangladesh, Estonia, Finland, Malta, and Cyprus to learn on the operations of the E-GP system. The Procurement of internet connectivity for e-Procurement System Data Centre was put on hold to explore the possibility of riding on the Ministry of Transport, Works, Supply and Communications system. Four E-GP awareness campaigns were undertaken by ZPPA in Lusaka, Copperbelt and Southern Provinces and more than 300 participants. Other awareness campaigns carried out through Television, Radio and meetings with MPSAs.

PHINDIRITBL

Internal Audit related Training (Text, Custom)


Value TNA being revisedTNA has been revised and trainings are underway

TNA has been revised and trainings are underway

Training completed as per the TNA


Comments5. The Internal Audit Department was able to train 263 Internal Auditors in the use of the Internal Audit Manual that had been

developed in line with international auditing standard by KPMG. KPMG was also responsible for the delivery of the training. A provision for the training of 45 recruited Internal Auditors from various MPSAs have been planned to be undertaken in 2016. It is too early to determine the impact of the training on the quality of work performed by the Internal Auditors but this is something that can be reviewed during the mid-term review.

6. There was no progress in the training of Internal Audit staff as certified internal auditors, certified information systems auditors, certified audit examiners, SAP certified internal auditors, as well as certified Government auditing professionals. However, six Internal Auditors attended the ISACA conference in Livingstone and another group four Internal Audit staff attended the ACL conference in Miami USA.

7. In order to strengthen the current capacity in the audit of IT systems in the public sector an upgrade and procurement of additional 22 ACL software licenses was done by CQS Ltd which was contracted during the year and training in scripting has started. The contract will be fully executed in 2016 with capacity building activities being undertaken by CQS.

8. In order to introduce specialized audits, it was decided that three specialized audit manuals be prepared. The IT, Risk Based and Performance Audit Manuals have been prepared as indicated above and are awaiting to be printed and used to train the auditors in the use of the manuals.

9. Training in procurement audits was undertaken in conjunction with Zambia Public Procurement Authority to enable Internal Auditors have an appreciation of what is involved in carrying out Procurement audit.


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PHINDIRITBL

Internal auditors trained and apply IIA standards (Text, Custom Breakdown)


Value Curriculum needs updating230 Internal Auditors trained in International Standards

263 Internal Auditors trained in International Standards

curriculum developed and 100% auditors trained

Date 08-Apr-2014 09-Sep-2015 05-Apr-2016 30-Dec-2016

PHINDIRITBL

Internal auditors trained and sensitized in quality control as per TNA (Text, Custom Breakdown)


Value TNA being updated Quality control manual has been developed.

20 auditors were trained on the Quality control manual developed.

100% trained and refresher training also completed for allMPSAs


PHINDIRITBL

Improve Internal Audit quality assurance and performance improvement standards (Percentage, Custom)


Value 30.00 0.00 50.00 90.00


PHINDIRITBL

Audit Committees meeting regularly on a quarterly basis (Text, Custom)


Value Irregular or no meetings

Draft updated handbook on Audit Committees has been developed. Implementation of the handbook is expected to facilitate Audit Committees meet regularly.

Audit committees meetings indicate inconsistent trends across Ministries. While in some Ministries they meet regularly, they do in others. Major initiatives to train and facilitate regular meetings are scheduled to start in May 2016.

Committees meet at least quarterly and recommendations from IA and OAG reports are followed up in all MPSAs



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CommentsThe launch of the Manual and sensitization of member (including several new members) is planned to start in May 2016.

PHINDIRITBL

Increase in revenues collected by ZRA as a percentage of GDP (Text, Custom)


Value 19.7% Target number to be revised

Target number to be revised 19.7%+0.3%

Date 31-Mar-2014 02-Sep-2015 24-Mar-2016 30-Dec-2017

CommentsThe target needs to be revised in view of the change in method of calculation. ZRA committed to provide the information necessary ahead of the mid-term review in May - June 2016, to facilitate the change in the target.

PHINDIRITBL

Implementation of Mining Sector monitoring mechanism (Text, Custom)


Value No systems in place Expected to go live by end of 2015

Pilot of production module is in progress

Requirements defined and implementation completed


CommentsThough the completion timelines were not met, the activity has now accelerated. The required hardware has been procured and the software development is proceeding as planned for completion later this year. Expenditure is on track with about 50% of the budget spent and contracts all in place for hardware, licences, and for the development of the 3 modules. The pilot of the production module is underway; this module promises accurate data on copper etc production for use by ZRA (mineral royalty and for the taxation of profits) and by all other Government Agencies.


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PHINDIRITBL

System for monitoring balance of payments in place (S155) (Text, Custom)


Value No system in place

Contract with UNCTAD to be signed, solution is being developed within ASYCUDA. Expected to be implemented by the end of 2015

Successfully completed and handed over to Bank of Zambia for implementation.

ASYCUDA World enhanced with this capability.


CommentsThis sub component has been completed and handed over to Bank of Zambia for implementation. However, Government needs to decide on the date of implementation of this system which is now ready to use.

PHINDIRITBL

Transit tracking and suspense regime in place (Text, Custom)


Value No system in place

Pilot in progress. Full implementation expected by end of 2015 or early 2016

Pilot completed and full phased rollouts are planned

Transit tracking system fully operational


CommentsThe control room and radio network are in place and the pilot was completed to prove the technology (of the electronic seals for container traffic). A further pilot of the seals for vehicles carrying bulk cargo will commence at end March. The mobile compliance team staff have been appointed but team activation is awaiting the proposed project vehicles. COMESA will soon have sufficient stocks of seals to be able to meet a bulk order. Provided that the vehicles and seals are procured quickly, full roll out should be possible by mid-year. Tanzania and the DRC are also making use of the same technology which will in due course mean that seals can be affixed in one country and then movements monitored across two or three countries.

PHINDIRITBL

Capacity building program for MTO staff particularly in audit and debt management skills, procedures and policies, including preparation of audit sector notes and training of staff in their use (Text, Custom)


ValueStaff skills need enhancing and policies need updating.

Procurement in process

Sector notes procurement in process while Debt management activities is being revisited.

100% staff trained in audit and debt management.



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CommentsThe consultancies to produce the audit sector notes are underway. On Debt management there is no signficant progress and new approaches to the issues are being explored.

PHINDIRITBL

Use of specialist equipment for investigation and internal affairs staff (Text, Custom)


ValueLimited equipment available (affecting operations adversely)

Procurement in process.

Some procurements completed while others are in the pipline

100% equipment procured and in use

Date 08-Apr-2014 02-Jun-2015 02-Jun-2015 31-Dec-2016

CommentsSignificant progress achieved.

PHINDIRITBL

Bulk intelligence data analysis capability (Text, Custom)


Value No capability Retendered in view of failed initial tendering

Activity diluted to support to feasibility study in view of failure of earlier approach.

Feasibility study and business case established.


CommentsThe failed procurement processes led to fundamental relook at the activity to develop business case using the new approach. A study tour to HMRC, London facilitated the new approach.


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PHINDIRITBL

Electronic records management System (Text, Custom)


Value No system in place Procurement in process.

Advanced stage of development

Scanning system operational at all locations


CommentsThis subcomponent is underway and largely in accordance with the Project plan timetables. The hardware procurements are underway with delivery expected shortly. The project budgets have been revised following overruns on the hardware costs and the implementation roll out plan has been revised slightly so that the last few HQ offices are to be completed in 2017 (rather than be completed during 2016).

PHINDIRITBL

Tax policy analysis strengthend (Text, Custom)


ValueTax policy research studies needed in many areas

Delays in studies planned. No progress.

Delays in studies planned. No progress.

Total of 10 studies undertaken


CommentsThe component has been rated 'moderately unsatisfactory' and hence is put under critical review. World Bank is engaging with the component team to identify the possibility of fundamental redesign of the component during the mid-term review, if found appropriate. In case of a strong case not developing on the redesign and reorientation, the Bank intends to propose to Government not to earmark funds from PFMRP project towards this component and identify alternative means to strengthen tax policy unit. The Joint Government Donor Meeting of February 2016 discussed the options relating to supporting tax policy unit, including exclusion of the component from the PFMRP financing. Based on Government's request, JGDC has agreed to continue financing the activities with strong justification (as assessed by the World Bank) till the mid-term review in May - June 2016 and take a decision on whether to continue financing the component.

PHINDIRITBL

Tax policy staff capacity enhanced (Text, Custom)


Value capacity needs improvement

Revenue forecasting training identified –date of training depending on when a forecasting model can be developed (new activity).

Revenue forecasting training identified –date of training depending on when a forecasting model can be developed (new activity).

All training completed as per sub indicators


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Date 08-Apr-2014 02-Jun-2015 02-Jun-2015 30-Dec-2017

PHINDIRITBL

International tax conference or workshop attended (Text, Custom Breakdown)


Value 0 1 2Attendance at 4 conferences per year


PHINDIRITBL

ATI or similar courses attended by staff (Text, Custom Breakdown)


Value 0 0 0

4 persons per year attending ATI or similar courses


PHINDIRITBL

One training and mentoring activity held in country (Text, Custom Breakdown)


Value 0 0 0 3 total



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PHINDIRITBL

Improved access to information to aid tax policy (Text, Custom)


Value Limited access Limited access Limited access

Access improved as per sub indicators


PHINDIRITBL

Subscriptions to international tax data (Text, Custom Breakdown)


Value Limited data availabilityIBFD subscription was not proceeded with. Delays in procurement.

Complementary subscription received and is in place

Subscriptions in place


PHINDIRITBL

Equipment and processes in place to download information (Text, Custom Breakdown)


Value Limited data avaliability Limited data availability Equipment procured and are put to use

Equipement and process in place to download data from BoZ, ZRA etc. databases


PHINDIRITBL

Program management and monitoring (Text, Custom)


Value NilJGDC and TC meetings held; but not regularly

JGDC meetings are held regulary. TC meetings are NOT held regularly.

Meetings as per sub indicators

Date 08-Apr-2014 -- 24-Mar-2016 30-Dec-2017


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PHINDIRITBL

Joint Government Donor Committee meetings (Text, Custom Breakdown)


Value Nil

Two JGDC meetings since inception of project. JGDC meetings not held regularly.

Improved frequency as 3 JGDC meetings per year are held

4 per every year


PHINDIRITBL

Technical Committee meetings (Text, Custom Breakdown)


Value Nil

TC meetings not held as per schedule. Only two TC meetings held so far during the year.

Only 6 TC meetings held in 2015; but TC meetings are being convened every month in 2016

12 per every year


PHINDIRITBL

New Zambia Chartered Accountant professional qualificaiton to be launched (Text, Custom)


Value Draft curriculum for the new qualification prepared --

Draft curriculum for the new Zambia Chartered Accountant certification prepared

New Zambia Chartered Accountant course ware development and qualification launched

Date 06-Feb-2016 -- 05-Apr-2016 31-Dec-2017

PHINDIRITBL

Office of Auditor General strategic plan to be approved (Text, Custom)


Value Strategic Plan 2017-2020 not initiated --

Plans to conduct assessment using the INTOSAI SAI-PMF framework are underway

Strategic Plan 2017-2020 approved

Date 06-Feb-2016 -- 05-Apr-2016 31-Dec-2017


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Overall Comments75% of the results matrix targets for Year 1 were either fully met or partially met, while in 25% of the cases, the targets are not achieved.

Data on Financial Performance

Disbursements (by loan)

Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed

P147343 TF-17118 Effective USD 17.00 17.00 0.00 9.03 7.97 53%

Key Dates (by loan)

Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date

P147343 TF-17118 Effective 06-Jun-2014 06-Jun-2014 17-Jul-2014 31-Dec-2017 31-Dec-2017

Cumulative Disbursements

Restructuring History

There has been no restructuring to date.


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Related Project(s)

There are no related projects.

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