Thursday, May 14, 2009

Tajikistan: Public Financial Management Modernization Project

The World Bank’s Board of Executive Directors today approved the following project:

IDA Grant: US$5 million equivalent

Project Description: The objectives of the Public Financial Management Modernization Adaptable Program Loan for Tajikistan are twofold: (i) to establish basic processes for efficient and transparent management of public expenditures and (ii) to develop adequate institutional capacity to support the implementation and sustained functioning of an automated financial management information system.

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