Home | Contacts
 
 
  Projects  
 
 
 
   
 
       
68. Component -2 of Financial Management Reform Program (FMRP): Finance Division (FD) of the Ministry of Finance (MoF)
       
  Country : Bangladesh
  Name of the client : Department for International Development (DFID)
  Name of the Funding Agency : Department for International Development (DFID) The Royal Netherlands Embassy (RNE)
  Project Duration : 2003 - 2008
  Scope of the Project :

The FMRP is designed to support improvement in GoB financial management for five years. FMRP is a five-year programme funded by the Department for International Development (DFID) and the Royal Netherlands Embassy (RNE). The programme is intended to provide support to the Ministry of Finance (MoF), the Comptroller and Auditor General (C&AG's), the Controller General of Accounts (CGA), the Financial Management Academy (FIMA) and selected line ministries in financial management reform. The programme is likely to be implemented over a period of approximately five years with a budget of approximately £25 million.

The goal of FMRP is to improve the efficiency and effectiveness of the allocation of resources, and to achieve more equitable and improved public service delivery. The purpose of FMRP is to develop accountable and transparent institutional management and operational arrangements for aggregate fiscal discipline, strategic prioritisation of expenditure and improved performance during budget execution. FMRP comprises five interrelated components. The main objective of the Component 2 is to enhance aggregate fiscal management and to develop the regulatory framework for financial and performance management.

  Services Provided :
  • Enhance budget classification system to accommodate required macro sector as well as micro financial analysis - budget classification consistent with new resource/performance approach.
  • Establishment in FD of financial management framework and control functions -FD internal reorganisation. Establish clear framework for fiscal management, reporting and control.
  • Improve availability of policy analysis for budget and financial management. Forward estimates/resource envelopes methodology developed and implemented in selected ministries. Establish information system and modelling capability to support policy analysis.

 

       
     
© HB Consultants Ltd., Dhaka, Bangladesh.