The World Bank Implementation Status & Results Report
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
SOUTH ASIA | Bangladesh | Governance Global Practice | Requesting Unit: SACBD | Responsible Unit: ESAG2
IBRD/IDA | Program-for-Results Financing | FY 2019 | Team Leader(s): Winston Percy Onipede Cole, Nazmus Sadat Khan
Seq No: 8 | ARCHIVED on 25-Apr-2022 | ISR50614 | Created by: Winston Percy Onipede Cole on 14-Mar-2022 | Modified by: Winston Percy
Onipede Cole on 18-Apr-2022
Program Development Objectives
PDO Table
Program Development Objective (from Program Appraisal Document)
The Program Development Objective (PDO) is to improve fiscal forecasting, budget preparation and execution, financial reporting and
transparency to enable better resource availability for service delivery in selected Ministries, Departments, and Agencies.
Overall Ratings
Name Previous Rating Current Rating
Progress towards achievement of PDO Satisfactory Satisfactory
Overall Implementation Progress (IP) Satisfactory Moderately Satisfactory
Implementation Status and Key Decisions
Despite the challenges imposed by the ongoing COVID-19 pandemic with series of lockdowns, the ongoing Public Financial Management
(PFM) PforR is making progress. Key progress to date with fifty-one percent disbursement ratio are: (i) the macro-forecasting model will improve
the realism of the budget with more attainable revenue projections and spending estimates; (ii) Debt Bulletin is now periodically published to
improve debt transparency; (iii) publication of budget execution reports; (iv) the reduction of three to one month for release of budget from
departments to frontline service delivery units will improve budget execution for critical services to the citizenry; (v) 100 percent electronic funds
transfer (EFT) to pensioners; (vi) approval of State-owned Enterprises (SOE) Independent Performance Evaluation Guideline that will be used to
develop turnaround strategies; (vii) policy and procedures to monitor SOEs’ debt and contingent liabilities (DCL) will provide fiscal space for
strategic budget allocation to critical infrastructure and social services; and (viii) comprehensive database of financial and non-financial data to
monitor SOEs including publication of audited financial statement. At the Program implementation midpoint, 20 percent or nine out of the forty-
five Disbursement Linked Results (DLRs) have been verified as fully achieved. Eight DLRs (i.e., 18 percent) have been partially achieved;
twenty DLRs (i.e., 44 percent) are in progress, and eight DLRs (i.e., 18 percent) are off-track. Disbursement against the achieved DLRs is expected
to reach 48 percent by June 2022.
- The Institute of Public Finance (IPF) needs to make and sustain progress towards becoming a knowledge hub for PFM reforms. The
mission advised IPF to finalize and implement the high-level draft roadmap developed at the workshop on “driving the knowledge agenda through
an IPF roadmap, knowledge exchanges and PFM research” held at Cox’s Bazaar (February 8-9, 2019). The knowledge exchange trips to India
(January 10-14, 2018), South Korea (21- 26 January 21-26, 2018), and China (February 25 - March 3, 2018) should help IPF in its transformation
journey.
- Evaluation of training activities. Currently evaluation of training is limited to obtaining feedback on the content, arrangement, and delivery by
facilitators. Evaluation of the training program can be improved by focusing on measuring four kinds of outcomes that should result from a highly
effective training program: (i) Reaction: what participant thinks of training (ii) Learning: improvements to knowledge and capability; (iii) Behavior:
improvements to work performance; and (iv) Results: impact on the organization.
Change management, citizen engagement, and strategic communication. While all Program stakeholders acknowledge the importance of
change management, PITs have included relevant activities to varying degrees. PITs will benefit from planning their change management activities
more systematically and strategically. Stakeholder engagement approaches tend to rely heavily on workshops and information dissemination. The
Program is yet to link citizen engagement, outreach, and communication of results achieved under the Program. COVID-19 restrictions impeded
organization of in-person events that would have included the Program beneficiaries, donors, civil society, and non-state actors. Thus, the Program
has relied heavily on its website to share information about the Program. Going forward, PITs need to consider more proactive engagement and
determine where champions need to be mobilized, particularly to address more challenging issues, inter-agency coordination, and other issues that
could catalyze implementation and expedite achievement of results. Furthermore, the Program could strengthen channels for communicating
achievements (DLRs achieved and why it matters) to the “demand side” such as citizens and civil society groups that would articulate demand for
PFM reforms, transparency, and be the ultimate beneficiary of greater resources being directed towards service delivery. Shifting behavior to
achieve the PFM reform objectives requires not only technical actions (e.g., laws, standards, technology, training) but considerations of the political
economy dynamics in the policy arena (e.g., incentives, power relationships, interest, influence) which will require appropriate actions (cooperation,
4/25/2022 Page 1 of 23
The World Bank Implementation Status & Results Report
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
commitment, coordination) to provide the enabling environment. A clear implementation plan using the responsible, accountable, consult and inform
(RACI) model[1] will help to pinpoint accountability for the expected results.
The next implementation support mission for the program will be conducted in June 2022.
Data on Financial Performance
Disbursements (by loan)
Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed
P167491 IDA-63680 Effective USD 100.00 100.00 0.00 51.51 49.71 51%
Key Dates (by loan)
Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date
P167491 IDA-63680 Effective 01-Mar-2019 27-Jun-2019 03-Jul-2019 30-Jun-2024 30-Jun-2024
DLI Disbursement
Achievement Disbursed amount in Disbursement % for
DLI ID DLI Type Description Coc DLI Amount
Status Coc DLI
Loan: IDA63680-001
DLI1 Use of Imp Fis Proj Partially
1 Regular XDR 7,250,000.00 1,812,500.00 25 %
Bud Making Achieved
DLI2 Imp Bud Align, Bttr
2 Regular XDR 10,100,000.00 Not Achieved 0.00
Perf of BMCs
DLI3 Red No of days DDO Partially
3 Regular XDR 4,350,000.00 3,640,950.00 84 %
to rc budg inMDA Achieved
DLI4 Rel Pymt of Sal, TSA Partially
4 Regular XDR 6,500,000.00 1,511,665.00 23 %
Auto Pymnts Achieved
DLI5 Impr Pen Ser Facili of Partially
5 Regular XDR 7,250,000.00 6,500,000.00 90 %
Pymnts EFT Achieved
DLI6 SOE Auto Bod Debt
6 Regular XDR 5,050,000.00 Not Achieved 0.00
Cont Liab Pol Mak
DLI7 Impr Perf SOE Sec Partially
7 Regular XDR 7,950,000.00 1,450,000.00 18 %
Red Subs Pc Total Achieved
DLI8 Bud Hold MDA eff n Partially
8 Regular XDR 8,700,000.00 4,944,500.00 57 %
trans use FI Achieved
DLI9 Act tak Int Ext Audit
9 Regular XDR 5,050,000.00 Not Achieved 0.00
in MMDAs, PP
DLI10 PFM Action Plan Partially
10 Regular XDR 10,100,000.00 2,416,666.67 24 %
Implementation Achieved
Program Action Plan
4/25/2022 Page 2 of 23
The World Bank Implementation Status & Results Report
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
Ensuring establishment of the PECT and PITs (within three months of the Effective Date) and that these are
Action Description
maintained throughout the Program implementation
Source DLI# Responsibility Timing Timing Value Status
Technical Finance Division Recurrent Continuous Completed
Completion Measurement PECT and PITs are in place throughout the Program implementation
Seven Program Executive and Coordinators (PECs) are in place as of February 2022. State Owned Enterprises’
Comments Governance (component 9) and PFM Reforms Leadership, Coordination, and Monitoring (component 14) are jointly
managed by one PEC.
Action Description Strengthen IPF as PFM Learning Hub by recruiting three permanent staff within six months of the Effective Date
Source DLI# Responsibility Timing Timing Value Status
Technical Finance Division Recurrent Continuous Completed
Completion Measurement IPF strengthened with the addition of three permanent staffs
Comments The IPF has appointed more than three permanent staffs
Action Description DLI technical notes are reviewed and amended from time to time in consultation with the Bank
Source DLI# Responsibility Timing Timing Value Status
Technical Finance Division Recurrent Yearly Completed
Completion Measurement DLI technical notes are periodically updated, in consultation with the Bank team.
Comments DLI technical notes are being updated based on lessons learnt at mid-point and to reflect course correction.
Arrange DLI verification by the OC&AG, the Cabinet Division and through a third-party verification agent (to be
Action Description
appointed no later than 3 months after the Effective Date)
Source DLI# Responsibility Timing Timing Value Status
Technical Finance Division Recurrent Yearly In Progress
Completion Measurement Submission of DLI verification reports acceptable to the Bank and disbursement completed.
FD has so far submitted two verification reports each to Office of Comptroller and Auditor
Comments
General (OCAG) and PricewaterhouseCoopers (PwC).
Assign separate organizational budget codes to the FD wings responsible for Program implementation (macro-
Action Description economic, SOE, Debt, Expenditure etc.) to enhance managerial accountability of funds allocated to deliver on the
specific DLI schemes
Source DLI# Responsibility Timing Timing Value Status
4/25/2022 Page 3 of 23
The World Bank Implementation Status & Results Report
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
Fiduciary Systems Finance Division Due Date 30-Jun-2019 Completed
Completion Measurement The Program budget for FY20 be distributed by FD wings
Under code 10901 for Secretariat, Finance Division, there is a specific code [3200002] for overall Program with
Comments
scheme-wise separate organizational/implementation unit budget codes assigned.
Program to use the separate standard document for procurement of permitted works through e-GP system, which
Action Description
does not have the provision of rejecting bids based on above/lower than the estimated cost
Source DLI# Responsibility Timing Timing Value Status
Fiduciary Systems Finance Division Recurrent Continuous In Progress
Completion Measurement eGP used for all Program procurements
There aren't any new works under the program. Use of specific documents will be ensured in case of any
Comments rehabilitation work. Regular procurement of operational items such as computer equipment, printing materials are
done through eGP.
For each bid/proposal under the Program, form Bid/Proposal evaluation committees consisting of members with the
Action Description
appropriate knowledge and experience of procurement of similar goods/services
Source DLI# Responsibility Timing Timing Value Status
Fiduciary Systems Finance Division Recurrent Continuous In Progress
Completion Measurement Procurement committees are suitably qualified/experienced
Procurement committee includes experienced staff members. Some procurement packages have been prepared and
Comments
published for all DLIs).
Action Description Assign one trained Government official as procurement focal point within six months of Effective Date
Source DLI# Responsibility Timing Timing Value Status
Fiduciary Systems Finance Division Recurrent Continuous In Progress
Completion Measurement Trained officer designated as the Procurement Focal Point
Procurement cell established but recruitment of a procurement specialist is pending. Two junior consultants and the
Comments evaluation committees for the procurement process have been notified. In addition, one PEC is assigned as
procurement focal point.
Action Description Maintain a publicly accessible website where all disclosable procurement data will be available and regularly updated
Source DLI# Responsibility Timing Timing Value Status
Fiduciary Systems PECT Recurrent Continuous In Progress
4/25/2022 Page 4 of 23
The World Bank Implementation Status & Results Report
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
Completion Measurement Website with disclosable procurement data
Publicly accessible Program website (http://www.spfms.gov.bd/forms/form/1/-) with different procurement sections
Comments was launched in January 2021. Annual procurement plan is uploaded in the website and needs to be updated with
the latest procurement data
Action Description FD seeks the advice of environmental and social expert(s) for the Program, as needed for Program activities
Source DLI# Responsibility Timing Timing Value Status
Environmental and Social
Finance Division Recurrent Continuous Not Yet Due
Systems
Completion Measurement Either in-house capacity built or assistance sought from IMED
Comments So far no need seems to be has arisen, but the Bank team will speak with PECT on this.
Risks
Systematic Operations Risk-rating Tool
Risk Category Rating at Approval Previous Rating Current Rating
Political and Governance Substantial Substantial Substantial
Macroeconomic Moderate Substantial Substantial
Sector Strategies and Policies Moderate Moderate Moderate
Technical Design of Project or Program Moderate Moderate Moderate
Institutional Capacity for Implementation and
Moderate Moderate Moderate
Sustainability
Fiduciary Substantial Substantial Substantial
Environment and Social Low Low Low
Stakeholders Moderate Moderate Moderate
Other -- -- Substantial
Overall Moderate Moderate Moderate
RiskComments
Comments
COVID-19 effect on training, citizen engagement, outreach, and communication - COVID-19 restrictions impeded organization of in-person
events that would have included the Program beneficiaries, donors, civil society, and non-state actors. Thus, the Program has relied heavily on its
website to share information about the Program. The second PFM Action Plan Stakeholder Retreat, which was planned for first week of February
2022, has been postponed because of the worsening COVID-19 pandemic. Under the prevailing circumstances, the mission advised to conduct the
retreat virtually, possibly for a few hours over a period of 2-3 days. Online training modules are also under preparation.
Results
4/25/2022 Page 5 of 23
The World Bank Implementation Status & Results Report
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
PDO Indicators by Objectives / Outcomes
Improve fiscal forecasting and resource allocation consistent with Government priorities
IN01115878
►Use of improved fiscal projections for budget-making (Yes/No, Custom)
Baseline Actual (Previous) Actual (Current) End Target
Value No No No Yes
Date 31-Oct-2018 21-Jan-2022 14-Mar-2022 30-Jun-2024
The requirements for the Macroeconomic model have been finalized and approved by the Finance Division
in June 2021. The full dataset of macroeconomic variables for the real, monetary, external and fiscal sectors
has been completed. Training program is ongoing on the macroeconomic model for improved projections. It
is expected that model will be used for FY2022-23 budget preparation.
Comments
The Debt Bulletin has been published - https://mof.gov.bd/site/page/9466b739-2f5c-4914-ba82-
b204af6a594e/Debt-Bulletin.
The Medium Term Debt Strategy (MTDS) will be published soon.
IN01115879
►Improved budget alignment with development strategy through better performance of BMCs (Percentage, Custom)
Baseline Actual (Previous) Actual (Current) End Target
Value 0.00 0.00 0.00 20.00
Date 01-Oct-2018 21-Jan-2022 14-Mar-2022 30-Jun-2024
Consultative workshop to finalize the Peer Review Guideline for the Budget Management Committee (BMC)
Scorecard was held on December 2, 2021.The Peer Review Guideline sets the principles to assess
performance of BMCs of ministries/divisions/other institutions. Objectives of peer review are as follows:
Measure performance of BMCs of ministries/divisions using a scorecard;
Share the best practices among the ministries/divisions/other institutions;
Improve the functioning of the BMCs in the areas such as, budget preparation, execution and
Comments monitoring, disposal of audit objections and capacity development.
The scorecard is designed on the assumption of linking policy, planning and budgeting under medium-term
budget framework (MTBF). For this reason, the functions of BMCs are divided in four areas:
(a) Alignment of MTBF with policies and strategies,
(b) Budget Review & Approval
(c) Monitoring, Evaluation & Audit Disposal; and
(d) Capacity Development of BMCs and Miscellaneous.
IN01115880
►Reduced number of days for DDOs to receive budget in selected MDAs (Percentage, Custom)
Baseline Actual (Previous) Actual (Current) End Target
Value 0.00 56.97 56.97 60.00
Date 01-Oct-2018 21-Jan-2022 14-Mar-2022 30-Jun-2024
56.97 percent of Drawing and Disbursing Officers' (DDOs) FY2021-22 budget was released by July 31,
2021. 59.99 percent and 67.99 percent were released up to September and December 2021 respectively.
Comments
4/25/2022 Page 6 of 23
The World Bank Implementation Status & Results Report
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
Improve budget execution in service delivery MDAs
IN01115876
►Timely and reliable payments of salaries and vendor invoices with a strengthened TSA and automated payment system (Text, Custom)
Baseline Actual (Previous) Actual (Current) End Target
- 85% (1.3 million)
- 85% (1m out of 1.2m) transactions are done
transactions are done through EFT. EFT is
through EFT. EFT is used mainly for pay bill
used mainly for pay bill and pension purposes.
and pension purposes. During the mission the
During the mission the team reiterated that
team reiterated that DDO DDO online bill - 40% EFT
EFT used for officers’ online bill submission submission includes - 30% DDOs
salaries only. No online includes vendor invoices vendor invoices on submitting online bills
bills submission. Stock on which there has been which there has been - Number of new
Value
take of special accounts & limited progress so far. limited progress so far. (outside TSA) special
EBFs will be done. accounts opened
- 21,000 of the 36,000 - 21,000 of the 36,000 annually reduced by
DDOs are submitting DDOs are submitting 40%
staff pay bill online. The staff pay bill online. The
task for developing a full- task for developing a
fledged DDO with full-fledged DDO with
provision for submitting provision for submitting
all types of bills online is all types of bills online is
on-going. on-going.
Date 01-Oct-2018 21-Jan-2022 14-Mar-2022 30-Jun-2024
One of the benefits of improving cash management through the Treasury Single Account (TSA) is that the
impact on the determination of borrowing requirements will be improved by consolidating cash balances.
Reduction in costs of borrowing to the government will increase fiscal space for allocation to service delivery
Comments
and prompt settlement of government obligations will increase confidence in the payment system. DLI 4 will
enable the reduction of cash held outside of the TSA and modernize payment processes.
Promote enhanced transparency of the budget execution and enable timely accountability
IN01115877
►Budget holders in selected MDAs effectively and transparently use financial information (Percentage, Custom)
Baseline Actual (Previous) Actual (Current) End Target
Value 0.00 70.00 70.00 50.00
Date 01-Oct-2018 21-Jan-2022 14-Mar-2022 30-Jun-2024
Budget execution reports are available for 70 percent DDOs. Need to assess the ease of generation and
Comments use of budget execution reports (BERs) by a sample group of users from "selected MDAs.
Intermediate Results Indicators by Results Areas
Improve budget execution in service delivery MDAs
IN01115881
►SOE and autonomous bodies' debt and contingent liabilities statement prepared and submitted to the policy makers (Text, Custom)
4/25/2022 Page 7 of 23
The World Bank Implementation Status & Results Report
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
Baseline Actual (Previous) Actual (Current) End Target
- Virtual stakeholder
- Policy and
- Virtual stakeholder workshop held on June
procedures to regulate
workshop held on June 28, 2021 and November
SOEs’ debt and
28, 2021 and November 28,2021 in presence of
contingent liabilities
28,2021 in presence of the Senior Secretary of
(including an upgraded
the Senior Secretary of FD to finalize the
framework for
FD to finalize the Procedure to Regulate
reporting by SOEs to
Procedure to Regulate the Debt and
the Finance Division)
the Debt and Contingent Contingent Liabilities of
have been drafted and
Liabilities of State-Owned State-Owned
issued by MoF.
Enterprises Enterprises
- 100 SOEs and
- SOE debt and contingent (SOEs)/Autonomous (SOEs)/Autonomous
autonomous bodies
liabilities are not Bodies (ABs). Finally, the Bodies (ABs). Finally,
have published their
effectively controlled procedure was approved the procedure was
audited financial
- Partial data of SOEs by the Senior Secretary approved by the Senior
statements (covering
profitability published in of FD on 28 December Secretary of FD on 28
Value the relevant Fiscal
the annual Economic 2021 and official December 2021 and
Year for which the
Survey of Bangladesh Government Order (GO) official Government
DLR is being
- Fiscal risks assessments issued on December 30, Order (GO) issued on
assessed).
have not been conducted 2021. December 30, 2021.
- SOE debt and
contingent liabilities
- As of November 2021, - As of November 2021,
statement (covering
SOE-MC provided a list SOE-MC provided a list
the relevant Fiscal
of 84 SOEs for which of 84 SOEs for which
Year for which the
validation is ongoing to validation is ongoing to
DLR is being
ascertain publication of ascertain publication of
assessed) has been
their financial statements their financial
prepared by MoF for
on individual websites. statements on individual
all SOEs and
websites.
submitted to policy
makers.
Date 01-Oct-2018 21-Jan-2022 14-Mar-2022 30-Jun-2024
Currently, financial information on a few number of SOEs is published in the annual Economic Survey of
Comments Bangladesh, SOE fiscal risks are not assessed and debt and contingent liabilities are not effectively
controlled. This indicator seeks to improve the monitoring and reporting of SOEs.
IN01115884
►Improved performance of the SOE sector and reduced subsidies as a percentage of total public sector spending (Text, Custom)
Baseline Actual (Previous) Actual (Current) End Target
Value SOEs are not classified as - Independent - Independent - SOE performance
commercial and non- Performance Evaluation Performance Evaluation evaluation guidelines
commercial. Guideline (IPEG) that will Guideline (IPEG) that have been developed
There is some cover 166 SOEs/ABs has will cover 166 by the Finance
performance monitoring of been approved and SOEs/ABs has been Division, with clear
SOEs, but not systematic Government Order was approved and scoring criteria.
and independent. issued in March 2021. Government Order was - A policy and
Grants to SOEs are not issued in March 2021. procedures manual
divided into different - Membership of the that enables an
categories. Independent - Membership of the effective review of
Partial data of SOEs Performance Evaluation Independent grants to SOEs has
profitability published in Committee (IPEC) for Performance Evaluation been drafted and
the annual Economic conducting the Committee (IPEC) for issued by the Finance
Survey of Bangladesh. independent conducting the Division.
performance evaluation independent - At least 10 SOEs
was officially approved performance evaluation have undergone an
on November 14, 2021 was officially approved independent
and evaluation is on November 14, 2021 performance
expected to start on the and evaluation is evaluation, in
first set of 10 SOEs/ABs. expected to start on the accordance with the
4/25/2022 Page 8 of 23
The World Bank Implementation Status & Results Report
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
first set of 10 SOE performance
- The following 10 SOEs SOEs/ABs. evaluation guidelines
have been selected to developed.
undergo an independent - The following 10 SOEs - Turnaround
performance evaluation have been selected to strategies have been
in accordance with the undergo an developed for at least
approved SOE independent 10 non-performing
independent performance evaluation SOEs.
performance evaluation in accordance with the - The ratio of SOE
guidelines (IPEG). approved SOE transfers to total public
1. Chittagong Port independent spending (in the
Authority (CPA) performance evaluation relevant Fiscal Year in
2. Bangladesh Bridge guidelines (IPEG). which the DLR is being
Authority (BBA) 1. Chittagong Port assessed) has been
3. Bangladesh Overseas Authority (CPA) reduced by 15%.
Employment and Service 2. Bangladesh Bridge
Limited (BOESL) Authority (BBA)
4. Khulna Development 3. Bangladesh
Authority (KDA) Overseas Employment
5. Bangladesh Inland and Service Limited
Water Transport (BOESL)
Authority (BIWTA) 4. Khulna Development
6. Bangladesh Small and Authority (KDA)
Cottage Industries 5. Bangladesh Inland
Corporation (BSCIC) Water Transport
7. Bangladesh Power Authority (BIWTA)
Development Board 6. Bangladesh Small
(BPDB) and Cottage Industries
8. Bangladesh Petrolium Corporation (BSCIC)
Corporation (BPC) 7. Bangladesh Power
9.Bangladesh Shipping Development Board
Corporation (BSC) (BPDB)
10. Bangladesh Forest 8. Bangladesh
Industries Development Petrolium Corporation
Corporation (BFIDC) (BPC)
9.Bangladesh Shipping
Corporation (BSC)
10. Bangladesh Forest
Industries Development
Corporation (BFIDC)
Date 01-Oct-2018 21-Jan-2022 14-Mar-2022 30-Jun-2024
While there is some performance monitoring of SOEs there is no systematic and independent monitoring.
Comments DLI7 seeks to improve the monitoring and evaluation of SOEs through the completion of independent
performance evaluation.
Promote enhanced transparency of the budget execution and enable timely accountability
IN01115882
►Improved pension service (disaggregated by gender) through the EFT no later than the following pension payment cycle after retirement
(Text, Custom)
Baseline Actual (Previous) Actual (Current) End Target
- The Pension Service - The Pension Service - The GP Fund Module
- Long process often
and GPF Module of and GPF Module of and the Pension
Value results in a significant
iBAS++ have been iBAS++ have been Service Module of
delay after retirement to
implemented and is implemented and is iBAS++ have been
4/25/2022 Page 9 of 23
The World Bank Implementation Status & Results Report
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
prepare a Pension operational. operational. implemented and are
Payment Order Disbursement for partial Disbursement for partial operational.
- All pension and GP fund achievement has been achievement has been - A centralized pension
records are manual and made. Verification for the made. Verification for roll with EFT payment
prone to human errors next disbursement is in the next disbursement capability has been
process. is in process. established and is
operational.
- Disbursement has been - Disbursement has - A government-wide
made on the been made on the annual GPF and
achievement of all the achievement of all the Pension Service report
DLRs’ except DLR 5.3. DLRs’ except DLR 5.3. has been produced.
The CAO Pension & The CAO Pension & - The number of cases
Fund Management team Fund Management of delayed pension
has been generating team has been payments is reduced
GPF and Pension reports generating GPF and by 50%.
which will be submitted to Pension reports which - 90% of new
OCAG for verification will be submitted to pensioners are paid
soon. OCAG for verification through EFT no later
soon. than the pension
- All the new pensioners payment cycle
have been linked to the - All the new pensioners following their
employee/payroll have been linked to the retirement.
database and their employee/payroll
monthly pension and database and their
allowances are paid monthly pension and
through EFT from the allowances are paid
first month of retirement. through EFT from the
first month of
- Using NID, electronic retirement.
Pension Payment Order
(ePPO) has been made - Using NID, electronic
fully operational. Pension Payment Order
(ePPO) has been made
- Deduction of GPF fully operational.
Subscription and Loan
Repayment are linked - Deduction of GPF
with Budget Execution Subscription and Loan
Module. Repayment are linked
with Budget Execution
- Pension backlog has Module.
been reduced and at
present the of cases is - Pension backlog has
less than 200. been reduced and at
present the of cases are
less than 200.
Date 01-Nov-2018 21-Jan-2022 14-Mar-2022 30-Jun-2024
This indicator measures the timely processing of pension cases and expedient and convenient payment
through EFT. Pension processing is cumbersome for both the Government of Bangladesh (GoB) and the
pensioners, there is an urgent need to modernize the system through (i) establishment of a dedicated
pension office (ii) the use of EFT and (iii) strengthened accounting and monitoring systems by linking with
Comments
(iBAS++), this IR seeks to streamline pension processing and payment system by undertaking immediate
priority and interdependent actions which are necessary for improved service delivery concerning civil
servant pension.
IN01115885
►Action taken on internal and external audit reports in Selected MDAs and post-procurement reviews in the Finance Division (Text, Custom)
Baseline Actual (Previous) Actual (Current) End Target
4/25/2022 Page 10 of 23
The World Bank Implementation Status & Results Report
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
Value Internal audit units are not - It was agreed that - It was agreed that - The Model Internal
effective. internal audit units will be internal audit units will Audit Charter and the
Internal audit activities established at be established at Risk-based Internal
consist primarily of ex-post departmental-level departmental-level Audit Manual have
reviews focused on starting with high-risk and starting with high-risk been issued by the
financial compliance. high-spending and high-spending Finance Division.
departments. MOF held a departments. MOF held - A system for annual
virtual sensitization a virtual sensitization procurement planning
meeting followed by a meeting followed by a and post-review has
face to face workshop to face to face workshop been established by
discuss the objective of to discuss the objective the Finance Division
the intervention and to of the intervention and and training on the
understand the current IA to understand the system has been
practices in the pilot current IA practices in conducted.
departments and their the pilot departments - Internal audit reports,
challenges. Recruitment and their challenges. prepared in
process of consultants is Recruitment process of accordance with the
on to provide strategic consultants is on to Model Internal Audit
guidance to the provide strategic Charter and the Risk-
departments and to guidance to the based Internal Audit
prepare Audit Charter departments and to Manual issued, have
and Risk based Audit prepare Audit Charter been issued to the
Manual. The and Risk based Audit heads of departments
departmental internal Manual. The and principal
audit units will report departmental internal accounting officers of
functionally to the audit units will report any two departments
Principal Accounting functionally to the in any of the Selected
Officer (PAO), who Principal Accounting MDAs.
according to section Officer (PAO), who - The relevant Audit
19(a) of the 2009 Public according to section Committees resolve
Moneys and Budget 19(a) of the 2009 Public 50% of: (i) audit
Management Act Moneys and Budget recommendations for
(PMBMA) is responsible Management Act each of the Selected
“to ensure efficient and (PMBMA) is responsible MDAs, other than the
transparent financial “to ensure efficient and Finance Division and
management and internal transparent financial (ii) audit
control processes at the management and recommendations and
relevant Ministry or internal control procurement post-
Division or Other processes at the reviews in Finance
Institution”. relevant Ministry or Division, based on the
Division or Other stock of total audit
- The internal audit Institution”. recommendations and
‘structure’ established at procurement post-
Finance Division, will be - The internal audit reviews, as applicable,
responsible for the ‘structure’ established at pending for each of the
development of a model Finance Division, will be relevant Selected
internal audit charter, responsible for the MDAs and the Finance
guidelines, risk-based development of a model Division respectively,
audit manual, quality internal audit charter, at the beginning of the
assurance and guidelines, risk-based relevant Fiscal Year in
continuous training. A audit manual, quality which the DLR is being
consulting firm will be assurance and assessed.
hired to provide technical continuous training. A
assistance including consulting firm will be
conduct of post- hired to provide
procurement reviews. technical assistance
including conduct of
- It was agreed that post- post-procurement
review of procurement reviews.
will be conducted at the
procurement cell, - It was agreed that
established in the post-review of
program office under procurement will be
SPFMS program and conducted at the
4/25/2022 Page 11 of 23
The World Bank Implementation Status & Results Report
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
entrusted for entire procurement cell,
procurement of the established in the
program. program office under
SPFMS program and
entrusted for entire
procurement of the
program.
Date 01-Oct-2018 21-Jan-2022 14-Mar-2022 30-Jun-2024
Internal audit (IA) is ad hoc and unstructured with isolated single audits and the applied standards are not
based on International Standards for the Professional Practice in Internal Audit issued by The Institute of
Internal Auditors (IIA ). Focus is more on pre-audit of documents and transactions for accuracy and
compliance; outputs are dependent upon the skills of specific individuals holding the position as part of the
Comments larger organizational unit with no specific professional practices and capabilities established; funding is
approved by management as needed; enabling infrastructure is absent with no or minimal use of
information technology. DLI 9 seeks to establish a modern internal audit function in selected large spending
and high-risk departments as part of the suite of internal controls using risk-based audit methods
concentrating on systemic issues and providing independent and objective advice to management.
Establish an enabling environment for improved PFM outcomes
IN01115883
►PFM Action Plan implementation is effectively led through an adequate governance structure and an effective change management
approach (Text, Custom)
Baseline Actual (Previous) Actual (Current) End Target
- Three PFM Action - Two PFM Action
- Three PFM Action Plan
Plan Semi-annual Plan progress reports
Semi-annual progress
progress report has (prepared on a semi-
report has been
been approved by the annual basis in a
approved by the SC.
SC. Fiscal Year) have been
submitted by the PECT
- All three Independent
- All three Independent to the Steering
Verification Agencies are
Verification Agencies Committee.
on board.
are on board. - Two PFM Action
Plan stakeholder
- IPF has finalized 5
- IPF has finalized 5 retreats conducted to
research topics. REoI
research topics. REoI review the respective
was published in
was published in semi-annual PFM
September 2021, EoI
PFM reform September 2021, EoI Action Plan progress
received for three
implementation, received for three reports prepared under
research papers and
monitoring, and course- research papers and DLR 10.1 in a Fiscal
technical sub-committee
correction are not technical sub-committee Year.
of 3 members headed by
Value adequately coordinated, of 3 members headed - The PFM Learning
Dr. Md. Tarique, Director,
and a comprehensive by Dr. Md. Tarique, Hub has produced at
Bangladesh Institute
change management Director, Bangladesh least 3 research
Governance &
approach needs to be Institute Governance & papers on PFM reform
Management (BIGM) is
implemented Management (BIGM) is lessons and published
ongoing.
ongoing. the said reports
through its website.
- A consortium led by the
- A consortium led by - 6 field inspections to
CIPFA engaged to
the CIPFA engaged to government service
support the IPF has
support the IPF has delivery centers to
delivered: (i) the
delivered: (i) the identify PFM-related
development of a PFM
development of a PFM issues have been
Competency Framework;
Competency carried out.
(ii) a training needs
Framework; (ii) a - The PECT has
assessment (TNA) and;
training needs prepared a report
(iii) a Code of Conduct
assessment (TNA) and; evaluating the
for PFM professionals.
(iii) a Code of Conduct performance of
for PFM professionals. coaches, facilitators
4/25/2022 Page 12 of 23
The World Bank Implementation Status & Results Report
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
- Field inspection - How and/or implementation
to Note has been - Field inspection - How support consultants
approved and circulated. to Note has been engaged to support the
approved and implementation of the
- Five field inspections to circulated. PFM Action Plan.
Natore, Kishorgonj, - 100 civil servants
Khulna, and Bagerhat - Five field inspections (with data
have been conducted. to Natore, Kishorgonj, disaggregated by
Khulna, and Bagerhat gender) have
- Recruitment process for have been conducted. completed specialized
hiring 4 Implementation PFM-related
Support Consultants - Nine ISCs have been courses/certifications.
(ICSs) completed in assigned with the
March 2021. 1st cohort of responsibilities of 14
ISCs successfully components of PFM
trained, on boarded and Action Plan.
deployed to specific
PITS. Training report - 19 officials have
prepared. enrolled for master’s
degree in different
- Recruitment process for universities.
hiring a 2nd cohort of 10
Implementation Support
Consultants (ICSs)
completed in December
2021. 2nd Cohort is
expected to be on board
by the end of January
2022.
- 19 officials have
enrolled for master’s
degree in different
universities.
Date 01-Oct-2018 21-Jan-2022 14-Mar-2022 30-Jun-2024
DLI 10 supports a series of change management activities that are carefully articulated to analyze and learn
from both successes and failures during the program implementation and improve approach to tackle the
PFM problems. These change management activities include the key elements of program’s governance,
implementation, and M&E systems, such as enabling progress reports to the Steering Committee and that
these are reviewed in a broad-based program retreat encouraging results monitoring and mutual
Comments accountability. DLI10 also seeks to establish a sustainable PFM learning environment with strengthened
capacity of the Institute of Public Finance as a learning hub and institutionalizing the PFM research, field
inspections, and problem-solving facilitation/ coaching. Annual performance reviews and DLI verification will
enable a qualitative analysis of the enabling environment for PFM reforms so evolved and recommend
improvements, as appropriate.
Disbursement Linked Indicators
DLI_IND_TABLE
►DLI 1 Use of improved fiscal projections for budget-making (Outcome, 10,000,000.00, 0%)
Baseline Actual (Previous) Actual (Current) FY2022
- The macroeconomic - The macroeconomic DLR 1.5 Projections
Static revenue and model requirements have model requirements have from the upgraded
expenditure estimates been finalized (DLR 1.1) been finalized (DLR 1.1) Macro-Economic
Value
restrict effective policy and approved by the and approved by the Model have been
making. Finance Division in June Finance Division in June used for MTMF and
2021. 2021. budget preparation.
4/25/2022 Page 13 of 23
The World Bank Implementation Status & Results Report
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
- The full dataset of - The full dataset of
macroeconomic variables macroeconomic variables
for the real, monetary, for the real, monetary,
external, and fiscal external, and fiscal sectors
sectors has been has been completed. A
completed. A training has training has been
been conducted on the conducted on the use of
use of World Bank’s World Bank’s Macro-
Macro-Fiscal Model Fiscal Model (MFMOD).
(MFMOD). The The procurement of the
procurement of the software is ongoing.
software is ongoing.
- The Debt Bulletin has
- The Debt Bulletin has been published -
been published - https://mof.gov.bd/site/pag
https://mof.gov.bd/site/pa e/9466b739-2f5c-4914-
ge/9466b739-2f5c-4914- ba82-b204af6a594e/Debt-
ba82- Bulletin. The Medium
b204af6a594e/Debt- Term Debt Strategy
Bulletin (MTDS) will be published
soon.
- Stakeholder
consultation on the draft - Stakeholder consultation
Medium Term Debt on the draft Medium Term
Strategy was held on Debt Strategy was held on
January 12, 2022. January 12, 2022. A
second workshop on the
final draft was help on
February 17,2022. The
MTDS will be finalized
within next two months.
Date -- 12-Jul-2021 14-Mar-2022 --
A training has been conducted on the World Bank’s Macro-Fiscal Model (MFMod). An initial model has been
prepared in this regard using the current macro data. Second round of the training is planned for June 2022.
Comments
After the model will be completed and adopted.
►DLI 2 Improved budget alignment with development strategy and gender, social, and climate considerations through better performance of
BMCs (Outcome, 14,000,000.00, 0%)
Baseline Actual (Previous) Actual (Current) FY2022
Value BMCs are not fully - ToRs of BMCs and - ToRs of BMCs and DLR 2.4 The
functional and require BWGs approved and BWGs approved and average
additional capacity and Government Order Government Order issued performance score
empowerment. Gender issued in June 2021. in June 2021. of BMCs evaluated
disaggregated budget through inter-
summary is produced. - Consultative workshop - Consultative workshop ministerial peer-
Average spending on the to finalize the Peer to finalize the Peer Review reviews has
Social Infrastructure for last Review Guideline for the Guideline for the Budget improved by at least
two years is 28.87%. Budget Management Management Committee 25% ($2.5m) DLR
Committee (BMC) (BMC) Scorecard was 2.5 The
Scorecard was held on held on December 2, Government’s
December 2, 2021. 2021. expenditure on
Social Sectors has
- Most recent available - Most recent available increased to 29.25%
public data for FY2019- public data for FY2019-20
4/25/2022 Page 14 of 23
The World Bank Implementation Status & Results Report
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
20 show 24.32 percent show 24.32 percent of total actual public
spending on social spending on social expenditure ($2.5m)
infrastructure that is infrastructure that is within
within the boundary of the boundary of the
the Financing Agreement Financing Agreement
definition of social sector. definition of social sector.
Data on actual spending Data on actual spending
for FY2019-20 is 24.3 for FY2019-20 is 24.3
percent. percent.
Date -- 12-Jul-2021 14-Mar-2022 --
The peer review guideline should be approved by March 2022. So, by June 2022, it is possible to have 15
percent of BMC that have undertaken inter-ministerial peer-reviews for DLR 2.2. to be achieved by September
30, 2022.
Allocation for the medium-term will need to be increased to achieve the target of 29 percent actual spending
on Social Sectors compared to total actual public expenditure. Since different MDAs contribute to social
sector, the Budget Speech needs to incorporate the comprehensive list from a functional perspective so that
Comments
execution reports can be consistent with the Budget Speech. As part of the proposed restructuring, the
definition, baseline, and targets for social sector spending will need to be reviewed and more precisely defined
based on standardized government classifications.
►DLI 3 Reduced number of days for DDOs to receive budget in selected MDAs (Outcome, 6,000,000.00, 0%)
Baseline Actual (Previous) Actual (Current) FY2022
- A circular was issued
- A circular was issued on
on 12 April, 2020 to ease
12 April, 2020 to ease the
the fund release process
fund release process for
for 4th tranche of the
4th tranche of the ‘grant in
‘grant in aid’ given to
aid’ given to autonomous
autonomous bodies and
bodies and private
Currently the budget private institutions under
institutions under
release and distribution to Operating Budget.
Operating Budget.
DDOs takes around 2
months for the first quarter. - 56.97 percent of DDOs
- 56.97 percent of DDOs
Budget release from the FY2021-22 budget was
FY2021-22 budget was
MoF to line ministry is no released by 31 July
Value released by 31 July 2021. --
longer required from this 2021. 59.99 percent and
59.99 percent and 67.99
year. Average budget 67.99 percent were
percent were released up
release delay for quarter 3 released up to
to September and
and 4 is 2.3 months for September and
December 2021
health sector December 2021
respectively.
respectively.
Date -- 12-Jul-2021 14-Mar-2022 --
Design the iBAS++ monitoring report on budget release status by sector and disaggregated line-
directors/DDOs. Conduct awareness and hands-on training for the line-directorates on budget
Comments
distribution/release reiterate that budget utilization report is not a mandatory requirement for budget release.
4/25/2022 Page 15 of 23
The World Bank Implementation Status & Results Report
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
►DLI 4 Timely and reliable payments of salaries and vendor invoices with a strengthened TSA and automated payment system (Outcome,
9,000,000.00, 0%)
Baseline Actual (Previous) Actual (Current) FY2022
- DLR 4.2 (At least 50% - DLR 4.2 (At least 50%
government payment government payment
transactions are made transactions are made
through EFT) has been through EFT) has been
partially achieved. EFT is partially achieved. EFT is
used mainly for pay bill used mainly for pay bill
and pension purposes. and pension purposes.
DDO online bill DDO online bill
submission includes submission includes
DLR 4.4 The
vendor invoices on which vendor invoices on which
number of new
there has been limited there has been limited
special accounts
progress so far. progress so far.
(outside the TSA)
EFT used for officers’
opened (in the
Value salaries only - Initial data on bank - Initial data on bank
relevant Fiscal Year
No online bills submission deposits of government deposits of government
in which the DLR is
sector collected revealed sector collected revealed
being assessed) has
454,823 bank accounts. 454,823 bank accounts.
been reduced by
50%
- 21,000 of the 36,000 - 21,000 of the 36,000
DDOs are submitting DDOs are submitting staff
staff pay bill online. The pay bill online. The task
task for developing a full- for developing a full-
fledged DDO with fledged DDO with
provision for submitting provision for submitting all
all types of bills online is types of bills online is on-
on-going. going.
Date -- 12-Jul-2021 14-Mar-2022 --
By June 2022, report from the bank account portal on comprehensive stock-take of government bank accounts
and balances including extra-budgetary funds and donor-funded projects by June 2022.
DDO online bill submission to include vendor invoices. Implement Procure-to-Pay (P2P) through integration
Comments
with eGP to support end-to-end digitalization of vendor transactions – See Figure 2 on page 17 of June 2021
aide memoire.
►DLI 5 Improved pension service (disaggregated by gender) through the EFT no later than the following pension payment cycle after
retirement (Outcome, 10,000,000.00, 0%)
Baseline Actual (Previous) Actual (Current) FY2022
Value Long process often results - The Pension Service - The Pension Service DLR 5.5 90% of
in a significant delay after and GPF Module of and GPF Module of new pensioners are
retirement to prepare a iBAS++ have been iBAS++ have been paid through EFT no
Pension Payment Order implemented and is implemented and is later than the
All pension and GP fund operational. operational. Disbursement pension payment
records are manual and Disbursement for partial for partial achievement cycle following their
prone to human errors achievement has been has been made. retirement
made. Verification for the Verification for the next
next disbursement is in disbursement is in
process. process.
- All the new pensioners - 69.40% pension back
have been linked to the log cases have been
employee/payroll resolved.
database and their
monthly pension and - Since September 1,
allowances are paid 2019, all the new
4/25/2022 Page 16 of 23
The World Bank Implementation Status & Results Report
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
through EFT from the pensioners have been
first month of retirement. linked to the
employee/payroll
- Using NID, electronic database and their
Pension Payment Order monthly pension and
(ePPO) has been made allowances are paid
fully operational. through EFT from the first
month of retirement.
- Deduction of GPF
Subscription and Loan - Using NID, electronic
Repayment are linked Pension Payment Order
with Budget Execution (ePPO) has been made
Module. fully operational.
- Deduction of GPF
Subscription and Loan
Repayment are linked with
Budget Execution Module.
Date -- 12-Jul-2021 14-Feb-2022 --
To raise awareness on new streamline and expedited pension processing procedures, several outreach
programs are planned to include the use of communication tools such as electronic and social media. An
educational film/video will be prepared explaining the pension payment process.
Like the cumulative balance shown on the GPF Summary Slip, for consistency, the GPF Statement and
Subsidiary Ledger reports should be improved to also show the cumulative balance. The updated report will
be used for the purpose of verification.
Comments
Gradually rest of the pensioner (264,398) will be brought under the supervision of CADO-F&FM. The target is
to complete this process for 70,000 pensioners initially.
The face detection-based Life Verification App that is under piloting phase at more than 100 Pay-points for
checking accuracy and performance to be made operational by June 2022.
Determine the pension service standard and communicate same to pensioners.
►DLI 6 SOE and autonomous bodies’ debt and contingent liabilities statement prepared and submitted to policy makers (Output,
7,000,000.00, 0%)
Baseline Actual (Previous) Actual (Current) FY2022
Value - SOE debt and contingent - Virtual stakeholder - Virtual stakeholder --
liabilities are not effectively workshop held on June workshop held on June
controlled 28, 2021 and November 28, 2021 and November
- Partial data of SOEs 28,2021 in presence of 28,2021 in presence of the
profitability published in the the Senior Secretary of Senior Secretary of FD to
annual Economic Survey of FD to finalize the finalize the Procedure to
Bangladesh Procedure to Regulate Regulate the Debt and
- Fiscal risk assessments the Debt and Contingent Contingent Liabilities of
have not been conducted Liabilities of State-Owned State-Owned Enterprises
Enterprises (SOEs)/Autonomous
(SOEs)/Autonomous Bodies (ABs). Finally, the
Bodies (ABs). Finally, the procedure was approved
procedure was approved by the Senior Secretary of
by the Senior Secretary FD on 28 December 2021
of FD on 28 December and official Government
2021 and official Order (GO) issued on
Government Order (GO) December 30, 2021.
issued on December 30,
2021. - As of November 2021,
SOE-MC provided a list of
- As of November 2021, 84 SOEs for which
SOE-MC provided a list validation is ongoing to
4/25/2022 Page 17 of 23
The World Bank Implementation Status & Results Report
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
of 84 SOEs for which ascertain publication of
validation is ongoing to their financial statements
ascertain publication of on individual websites. As
their financial statements at time of the mission in
on individual websites. February 2022, 46 SOEs
have uploaded audited
financial statements for
FY2020/21 on their
respective websites.
Date -- 12-Jul-2021 14-Mar-2022 --
The draft comprehensive database of financial and non-financial data and financial monitoring template to be
approved by March 2022. Populate database as part of transition to the web-site system.
Comments SOE-MC to prepare a Debt and Contingent Liability Statement (DCLS) for the SOEs/ABs using their
audited financial statements within nine months of end of each FY.
►DLI 7 Improved performance of the SOE sector and reduced subsidies as a percentage of total public sector spending (Outcome,
11,000,000.00, 0%)
Baseline Actual (Previous) Actual (Current) FY2022
Value - SOEs are not classified as - Independent - Independent DLR 7.5 The ratio of
commercial and non- Performance Evaluation Performance Evaluation SOE transfers to
commercial Guideline (IPEG) that will Guideline (IPEG) that will total public spending
- There is some cover 166 SOEs/ABs has cover 166 SOEs/ABs has has been reduced
performance monitoring of been approved and been approved and by 15%
SOEs, but not systematic Government Order was Government Order was
and independent issued in March 2021. issued in March 2021.
- Grants to SOEs are not
divided into different - Membership of the - Membership of the
categories Independent Independent Performance
- Partial data of SOEs Performance Evaluation Evaluation Committee
profitability published in the Committee (IPEC) for (IPEC) for conducting the
annual Economic Survey of conducting the independent performance
Bangladesh independent evaluation was officially
performance evaluation approved on November
was officially approved 14, 2021 and evaluation is
on November 14, 2021 expected to start on the
and evaluation is first set of 10 SOEs/ABs.
expected to start on the
first set of 10 SOEs/ABs. - The following 10 SOEs
have been selected to
- The following 10 SOEs undergo an independent
have been selected to performance evaluation in
undergo an independent accordance with the
performance evaluation approved SOE
in accordance with the independent performance
approved SOE evaluation guidelines
independent (IPEG).
performance evaluation 1. Chittagong Port
guidelines (IPEG). Authority (CPA)
1. Chittagong Port 2. Bangladesh Bridge
Authority (CPA) Authority (BBA)
2. Bangladesh Bridge 3. Bangladesh Overseas
Authority (BBA) Employment and Service
Limited (BOESL)
4/25/2022 Page 18 of 23
The World Bank Implementation Status & Results Report
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
3. Bangladesh Overseas 4. Khulna Development
Employment and Service Authority (KDA)
Limited (BOESL) 5. Bangladesh Inland
4. Khulna Development Water Transport Authority
Authority (KDA) (BIWTA)
5. Bangladesh Inland 6. Bangladesh Small and
Water Transport Cottage Industries
Authority (BIWTA) Corporation (BSCIC)
6. Bangladesh Small and 7. Bangladesh Power
Cottage Industries Development Board
Corporation (BSCIC) (BPDB)
7. Bangladesh Power 8. Bangladesh Petrolium
Development Board Corporation (BPC)
(BPDB) 9.Bangladesh Shipping
8. Bangladesh Petrolium Corporation (BSC)
Corporation (BPC) 10. Bangladesh Forest
9.Bangladesh Shipping Industries Development
Corporation (BSC) Corporation (BFIDC)
10. Bangladesh Forest
Industries Development - Data collected for
Corporation (BFIDC) establishment of baseline
to reduce the ratio of SOE
transfers to total public
spending by 15% by
FY22. Ascertaining the
comprehensiveness of the
raw data collected to
match with the 166 SOEs
that are within the scope
of SOE-MC.
Date -- 12-Jul-2021 14-Mar-2022 --
Stakeholder sensitization workshops to be conducted on the Independent Performance Evaluation Guideline
(IPEG). Sufficient number SOEs/ABs to be evaluated so that five SOEs can be rewarded and ten SOEs can
Comments
be selected for turn around strategies.
►DLI 8 Budget holders in MDAs effectively and transparently use financial information (Outcome, 12,000,000.00, 0%)
Baseline Actual (Previous) Actual (Current) FY2022
Value -The previous classification - Budget of FY2018-19, - Budget of FY2018-19, DLR 8.6 60% of
chart limits financial 2019-20 and 2020-21 2019-20 and 2020-21 Budget Holders
reporting and analysis; and released using new released using new generate 10 or more
budget controllers do not BACS. The option in the BACS. The option in the monthly iBAS++
use financial reports accounting tab named accounting tab named reports for budget
effectively “DDO Budget release “DDO Budget release execution decisions
-As at June 2018, the status” shows that status” shows that budget
monthly report (in pdf. budget had been had been released
format) on fiscal position released through iBAS++ through iBAS++ in DDO’s
available on FD website in DDO’s end. end.
was for December 2017
(six months behind). - iBAS++ Interfaces - iBAS++ Interfaces
-Annual Accounts are completed with completed with
produced with a significant Bangladesh Bank, Sonali Bangladesh Bank, Sonali
delay and follow the old Bank, MoPA, Social Bank, MoPA, Social
templates of finance and Safety net. Work is Safety net. Work is
appropriation accounts ongoing to interface with ongoing to interface with
eGP and NID/TIN eGP and NID/TIN
databases. databases.
4/25/2022 Page 19 of 23
The World Bank Implementation Status & Results Report
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
- A technical report on - A technical report on
eGP interface with brief eGP interface with brief
System Requirements System Requirements
Specification (SRS) has Specification (SRS) has
been prepared and been prepared and
several meetings have several meetings have
been arranged between been arranged between
iBAS++ and eGP iBAS++ and eGP (CPTU).
(CPTU).
- At present, there is
- New template for backlog of three years for
IPSAS compliant submission of annual
financial statement is financial statements to the
under review for OCAG’s Office of the Comptroller
approval. and Auditor General of
Bangladesh (OCAG).
- Six SAEs use iBAS++ Finance Account for
on a real-time basis with FY2017/18 was submitted
detailed transaction to OCAG in November
capturing; these SAEs 2021 (i.e., 41 months after
are Public Works the year-end). Civil Audit
Department; Roads and Directorate conducting
Highways; Department of audit on Finance Accounts
Public Health for FY2016-17 and
Engineering; Controller FY2017-18. New format of
General of Defense Finance Accounts was
Force; Forest approved by Honorable
Department and President on December
Railways. In addition to 28, 2021.
the SAEs, Bangladesh
missions in Abu Dhabi, - Six SAEs use iBAS++ on
Dubai, New Delhi and a real-time basis with
Singapore are now using detailed transaction
iBAS++. capturing; these SAEs are
Public Works Department;
- FD has started Roads and Highways;
publishing budget Department of Public
execution reports on Health Engineering;
MoF’s official website Controller General of
(https://mof.gov.bd/site/re Defense Force; Forest
ports/a4cf6d30-2002- Department and Railways.
492e-97eb- In addition to the SAEs,
ba3e42840ab6). Bangladesh missions in
Abu Dhabi, Dubai, New
Delhi and Singapore are
now using iBAS++.
- FD has started
publishing budget
execution reports on
MoF’s official website
(https://mof.gov.bd/site/re
ports/a4cf6d30-2002-
492e-97eb-
ba3e42840ab6).
Date -- 12-Jul-2021 14-Mar-2022 --
Comments Need to monitor that budget is released consistently by July 31 of each year to front-line service units.
4/25/2022 Page 20 of 23
The World Bank Implementation Status & Results Report
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
Improve the interface with NBR for use in importing data related to revenue receipts of the government. Also
establish interface to improve Revenue Accounting at the Taxpayer level by facilitating reconciliation between
VAT returns and collections recorded in the Integrated VAT Administration System (IVAS).
Improve the timeliness of submission of annual government-wide financial statements for FY2021/22 to within
six months of the year-end and improve thereafter to within three months of each year-end.
Roll-out the Integrated Budget and Accounting System Project Management Accounting Portal (IBAS-PMAP)
for donor-funded projects and establish API with iBAS++ to support seamless generation of comprehensive
financial reports.
Improve timeliness, user-friendliness, and level of disaggregation of the published budget execution reports.
To facilitate budget execution decisions and assurance of accuracy and comprehensiveness of financial
reports, this DLR will be assessed against PEFA PI 28 ‘in-year budget reports’ to meet the following minimum
requirements: (i) coverage and classification of data allows direct comparison to the original budget; and (ii)
budget execution reports are prepared quarterly and issued within four weeks from the end of each quarter.
►DLI 9 Action taken on internal and external audit reports in Selected MDAs and post-procurement reviews in the Finance Division (Output,
7,000,000.00, 0%)
Baseline Actual (Previous) Actual (Current) FY2022
Value -Internal audit units are not - It was agreed that - It was agreed that --
effective. internal audit units will be internal audit units will be
-Internal audit activities established at established at
consist primarily of ex-post departmental-level departmental-level starting
reviews focused on starting with high-risk and with high-risk and high-
financial compliance high-spending spending departments.
-Audit follow-up takes long departments. The The departmental internal
time departmental internal audit units will report
audit units will report functionally to the
functionally to the Principal Accounting
Principal Accounting Officer (PAO), who
Officer (PAO), who according to section 19(a)
according to section of the 2009 Public Moneys
19(a) of the 2009 Public and Budget Management
Moneys and Budget Act (PMBMA) is
Management Act responsible “to ensure
(PMBMA) is responsible efficient and transparent
“to ensure efficient and financial management and
transparent financial internal control processes
management and internal at the relevant Ministry or
control processes at the Division or Other
relevant Ministry or Institution”.
Division or Other
Institution”. - The internal audit
‘structure’ established at
- The internal audit Finance Division, will be
‘structure’ established at responsible for the
Finance Division, will be development of a model
responsible for the internal audit charter,
development of a model guidelines, risk-based
internal audit charter, audit manual, quality
guidelines, risk-based assurance and continuous
audit manual, quality training. A consulting firm
assurance and will be hired to provide
continuous training. A technical assistance
consulting firm will be including conduct of post-
hired to provide technical procurement reviews.
assistance including
conduct of post- - It was agreed that post-
procurement reviews. review of procurement will
be conducted at the
- It was agreed that post- procurement cell,
review of procurement established in the program
4/25/2022 Page 21 of 23
The World Bank Implementation Status & Results Report
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
will be conducted at the office under SPFMS
procurement cell, program and entrusted for
established in the entire procurement of the
program office under program.
SPFMS program and
entrusted for entire
procurement of the
program.
Date -- 12-Jul-2021 14-Mar-2022 --
Finalization and approval of Model Internal Audit Charter and Risk Based Internal Audit Manual by June 2022.
Analysis of different options for recruitment of Internal Auditors and decision on the right mix of expertise and
Comments
sourcing. Need to meet with all the selected MDAs to sensitize them on the formation of Internal Audit Units.
►DLI 10 PFM Action Plan implementation is effectively led through an adequate governance structure and an effective change management
approach (Output, 14,000,000.00, 0%)
Baseline Actual (Previous) Actual (Current) FY2022
Value PFM reform - Three PFM Action Plan - Three PFM Action Plan DLR 10.6 100 civil
implementation, monitoring, Semi-annual progress Semi-annual progress servants (with data
and course-correction are report has been report has been approved disaggregated by
not adequately coordinated, approved by the SC. by the SC. gender) have
and a comprehensive completed
change management - All three Independent - All three Independent specialized PFM-
approach needs to be Verification Agencies are Verification Agencies are related
implemented on board. on board. courses/certification
s.
- - IPF has finalized 5 - - IPF has finalized 5
research topics. REoI research topics. REoI was
was published in published in September
September 2021, EoI 2021, EoI received for
received for three three research papers and
research papers and technical sub-committee
technical sub-committee of 3 members headed by
of 3 members headed by Dr. Md. Tarique, Director,
Dr. Md. Tarique, Director, Bangladesh Institute
Bangladesh Institute Governance &
Governance & Management (BIGM) is
Management (BIGM) is ongoing.
ongoing.
- A consortium led by the
- A consortium led by the CIPFA engaged to support
CIPFA engaged to the IPF has delivered: (i)
support the IPF has the development of a PFM
delivered: (i) the Competency Framework;
development of a PFM (ii) a training needs
Competency Framework; assessment (TNA) and;
(ii) a training needs (iii) a Code of Conduct for
assessment (TNA) and; PFM professionals.
(iii) a Code of Conduct
for PFM professionals. - Field inspection- How to
Note has been approved
- Field inspection- How to and circulated.
Note has been approved
and circulated. - Five field inspections to
Natore, Kishorgonj,
4/25/2022 Page 22 of 23
The World Bank Implementation Status & Results Report
Bangladesh Strengthening PFM Program to Enable Service Delivery (P167491)
- Five field inspections to Khulna, and Bagerhat
Natore, Kishorgonj, have been conducted.
Khulna, and Bagerhat
have been conducted. - Nine ISCs have been
assigned with the
- Recruitment process for responsibilities of 14
hiring 4 Implementation components of the PFM
Support Consultants Action Plan.
(ICSs) completed in
March 2021. 1st cohort of - 19 officials have enrolled
ISCs successfully for master’s degree in
trained, on boarded and different universities.
deployed to specific
PITS. Training report
prepared.
- Recruitment process for
hiring a 2nd cohort of 10
Implementation Support
Consultants (ICSs)
completed in December
2021. 2nd Cohort is
expected to be on board
by the end of January
2022.
- 19 officials have
enrolled for master’s
degree in different
universities.
Date -- 12-Jul-2021 14-Mar-2022 --
Automation of annual work plan process to ensure effective monitoring of the implementation progress.
Arrange for the 2nd PFM Action Plan stakeholder consultation.
Comments Select the firm(s) to support the Institute of Public Finance (IPF) to publish at least 3 research papers on PFM
reform lessons.
4/25/2022 Page 23 of 23