Nepal - Public Financial Management for Development Effectiveness Project

Overview & Synopsis

The development objective of the Public Financial Management for Development Effectiveness Project for Nepal is to strengthen systems for effective public resource allocation and expenditure management. This project has three components. The first component, Improving Public Resource Allocation, will be supporting the assessment, development, update, and enhancement of various procedures and information systems for planning and budgeting; building capacity to implement the enhanced planning and budgeting framework; and supporting related activities. The second component, Strengthening Public Expenditure Management and Accountability, will be supporting the assessment, development, update, and enhancement of various procedures and information systems for budget execution, including public procurement, funds flow management, internal controls, accounting, reporting, audit and legislative oversight; building capacity to implement the enhanced budget execution framework; and supporting related activities. The third component, Project coordination, management, monitoring and evaluation, will be supporting the project coordination, management, monitoring and evaluation, and necessary activities for implementation of the PFM Reform Strategy.