The World Bank Implementation Status & Results Report NI Public Financial Management Modernization Project (P111795) NI Public Financial Management Modernization Project (P111795) LATIN AMERICA AND CARIBBEAN | Nicaragua | Governance Global Practice | IBRD/IDA | Investment Project Financing | FY 2011 | Seq No: 19 | ARCHIVED on 30-Jan-2020 | ISR40324 | Implementing Agencies: Republic of Nicaragua Key Dates Key Project Dates Bank Approval Date: 07-Dec-2010 Effectiveness Date: 06-May-2011 Planned Mid Term Review Date: 01-Sep-2014 Actual Mid-Term Review Date: 23-Oct-2014 Original Closing Date: 31-Dec-2015 Revised Closing Date: 30-Jun-2020 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The objective of the Project is to enhance the efficiency and transparency of the Recipient’s public expenditure management andstrengthen the Recipient’s statistics management capacity. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Strengthening of institutional capacities of the Ministry of Finance:(Cost $4.57 M) Design, acquisition, and development of a renewed Integrated Financial Management System SIGAF:(Cost $26.54 M) Implementation of SIGAF and PFM capacity building in Central Government agencies:(Cost $3.36 M) Project Management:(Cost $3.18 M) Enhancing Statistics Management Capacity:(Cost $8.90 M) Overall Ratings Name Previous Rating Current Rating 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 Public Financial Management Modernization Credit has significantly strengthened Nicaragua's public expenditure management and statistical capabilities. Results that can be attributed to the Credit include: 100 percent of central government entities adopted multi-annual and results-based budgeting; the SIGAF system is now operational, which has helped the government improve the efficiency and transparency of its financial management; Nicaragua now has an updated digital cartography that covers the entire country. It has also developed a digital platform to 1/30/2020 Page 1 of 7 The World Bank Implementation Status & Results Report NI Public Financial Management Modernization Project (P111795) collect and process census and survey data captured from mobile devices. The digital cartography and platform have been used in statistical operations including recent pilot population and housing census. In November 2019 The World Bank agreed to extend the closing date of the Project from November 30, 2019 to June 30, 2020. This seven- month extension is allowing for technical assistance activities to continue supporting the government in: (i) stabilizing the SIGAF; and (ii) verifying that the Contingent Data Center (CDC) meets international standards. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- High High Macroeconomic -- Substantial Substantial Sector Strategies and Policies -- Moderate Moderate Technical Design of Project or Program -- Moderate Moderate Institutional Capacity for Implementation and -- Moderate Moderate Sustainability Fiduciary -- Moderate Moderate Environment and Social -- Low Low Stakeholders -- Substantial Substantial Other -- Substantial Substantial Overall -- Substantial Substantial Results PDO Indicators by Objectives / Outcomes Enhance the efficiency and transparency of the Recipient’s public expenditure management IN00795432 ►Fiscal and budgetary projections, analyzed under a multi-annual perspective, are linked to budget and expenditure policies (PEFA, ID12). (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target 1/30/2020 Page 2 of 7 The World Bank Implementation Status & Results Report NI Public Financial Management Modernization Project (P111795) Value B (PEFA 2013) B+ (PEFA 2015) B+ (PEFA 2015) B+ Date 31-Dec-2014 10-Jul-2019 15-Oct-2019 30-Nov-2019 The target was met according to the 2015 PEFA assessment. Towards project closing the Bank team will Comments: review this indicator again to verify whether the value remains at B+. IN00795434 ►Timely disclosure of key fiscal/budget documents compared to PEFA requirements (PEFA, ID10) (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value B (PEFA 2013) B (PEFA 2015) B (PEFA 2015) B (TBC) Date 31-Dec-2014 10-Jul-2019 15-Oct-2019 30-Nov-2019 The target was met according to the 2015 PEFA assessment. Towards project closing the Bank team will Comments: review this indicator again to verify whether the value remains at B. IN00795435 ►Average processing time for the preparation and issuance of financial statements of the Central Government after the fiscal year. (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 6.00 4.00 4.00 3.00 Date 09-Dec-2010 10-Jul-2019 15-Oct-2019 30-Nov-2019 The financial statements of 2018 are expected to be generated in SIGAF. The amendment to the SIGAF contract will allow the the provider to deliver the complete functionality that will result in decreased Comments: average processing time. Strengthen the Recipient's statistics management capacity IN00795433 ►Capacity to carry out statistical data collection is strengthened. (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Updated cartography with national coverage Country's cartography is Digital cartography Digital cartography Value is used in at least one outdated. finalized finalized operation of data collection. Date 08-Dec-2014 10-Jul-2019 15-Oct-2019 30-Nov-2019 End target has been achieved. The entire national territorial is covered by updated digital cartography with Comments: high-resolution satellite images. Intermediate Results Indicators by Components 1. Strengthening of institutional capacities of the Ministry of Finance IN00795491 1/30/2020 Page 3 of 7 The World Bank Implementation Status & Results Report NI Public Financial Management Modernization Project (P111795) ►Number of Central Government agencies using the multi-year and results-based budgeting methodologies (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 45.00 60.00 60.00 60.00 Date 09-Dec-2010 10-Jul-2019 15-Oct-2019 30-Nov-2019 IN00795495 ►Central Government financial statements are presented according to an accounting plan consistent with the 2001 IMF Manual for Government Financial Statistics Standards and applicable legal framework (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Central Gov. financial The financial The financial statements statements are statements of 2018 are of 2018 are expected to presented according to Central Government expected to be be prepared according to an accounting plan financial statements are prepared according to the accounting plan consistent with not delivered according the accounting plan Value consistent with the IMF international standards to an accounting plan consistent with the IMF GFSM 2001 and the and applicable legal consistent with GFSM 2001 and the applicable legal framework, IMF GFSM internaitonal standards. applicable legal framework through 2001 and the framework through SIGAF. applicable legal SIGAF. framework. Date 09-Dec-2010 10-Jul-2019 15-Oct-2019 30-Nov-2019 The amendment to the SIGAF contract is expected to resolve issues with the system that will allow the financial statements to be generated in the system and according to the accounting plan consistent with Comments: the IMF GFSM 2001. IN00795499 ►Time lag to publish monthly budget execution information on the MHCP web site directly from SIGAF centralized database (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Due to ongoing Due to ongoing Monthly budget stabilization process of stabilization process of execution information Monthly budget the SIGAF, budget the SIGAF, budget is published within the information is published Value execution information is execution information first fifteen days of next three months after being prepared and is being prepared and month directly from closing. published on a quarterly published on a SIGAF centralized basis. quarterly basis. database. Date 09-Dec-2010 10-Jul-2019 15-Oct-2019 30-Nov-2019 IN00795500 ►% Central Government's payments to vendors, public entities and personnel of Central Government payroll processed electronically according to the Single Treasury Account procedures. (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 2.00 47.00 46.00 80.00 Date 09-Dec-2010 10-Jul-2019 15-Oct-2019 30-Nov-2019 46% of payment to vendors (higher than C$30,000), and 41% of personnel expenses were processed Comments: electronically. IN00795501 ►% of staff trained using the on-line training platform designed for the first training course on IPSAS (Percentage, Custom) 1/30/2020 Page 4 of 7 The World Bank Implementation Status & Results Report NI Public Financial Management Modernization Project (P111795) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 29.00 29.00 30.00 Date 08-Dec-2014 10-Jul-2019 15-Oct-2019 30-Nov-2019 2. Design, acquisition, and development of a renewed Integrated Financial Management System SIGAF IN00795492 ►Adaptation, configuration and development of the new IFMS SIGAF. (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target The system is The system is operational in all 23 operational in all Central Administration Central Administration Institutions. However, Institutions. However, some important some important New IFMS SIGAF Assessment for software functionalities of the functionalities of the adapted, configured, Value development options system have not been system have not been developed and prepared. developed/completed by developed/completed operational. the provider, and the by the provider, and payroll subsystem has the payroll subsystem not been completed has not been either. completed either. Date 09-Dec-2010 10-Jul-2019 15-Oct-2019 30-Nov-2019 IN00795496 ►Contingency site and System security meet international standards (ISO 27001 (2005), section A.14.1.3 and section A.10.6) (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target The design and implementation of a Contingent Data Center Currently there is no (CDC) has achieved 90% contingency site to progress. All the ensure business equipments have been Contingency site Contingency site Value continuity at MHCP and installed in the facility implemented and implemented (main IT security obsolete and are functioning. The functioning. system replicated). according to itnernational procurement process of a standards. security audit is in process to veriy whether the contigency site meets international standards. Date 08-Dec-2014 10-Jul-2019 15-Oct-2019 30-Nov-2019 3. Implementation of SIGAF and PFM capacity building in Central Government agencies IN00795493 ►% of users of Central Government and staff of the relevant MHCP units that have completed satisfactorily the training to operate and maintain the system (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 95.00 Date 09-Dec-2010 10-Jul-2019 15-Oct-2019 30-Nov-2019 1/30/2020 Page 5 of 7 The World Bank Implementation Status & Results Report NI Public Financial Management Modernization Project (P111795) IN00795497 ►Number of executing units of the 22 Central Government institutions where the SIGAF has been implemented (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 15.00 15.00 24.00 Date 08-Dec-2014 10-Jul-2019 15-Oct-2019 30-Nov-2019 5. Enhancing Statistics Management Capacity IN00795494 ►Percentage of the country's municipalities with updated and redesigned cartographic framework for statistical operations (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 100.00 Date 08-Dec-2014 10-Jul-2019 15-Oct-2019 30-Nov-2019 End target has been met. Comments: IN00795498 ►System for electronic data collection and processing developed and tested (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target System tested in a System tested in a Currently there is no System tested in a pilot pilot exercise where pilot exercise where system for electronic exercise where data Value data collection is done data collection is done collection of statistical collection is done using using MCD using MCD information. MCD technology. technology. technology. Date 08-Dec-2014 10-Jul-2019 15-Oct-2019 30-Nov-2019 Operative modules were tested in the pilot census in May, 2018. Comments: Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P111795 IDA-48070 Closed USD 10.00 10.00 0.00 10.01 0.00 100% P111795 IDA-55790 Effective USD 25.00 25.00 0.00 23.63 1.37 95% P111795 TF-14059 Closed USD 3.35 3.35 0.01 3.35 0.00 100% Key Dates (by loan) 1/30/2020 Page 6 of 7 The World Bank Implementation Status & Results Report NI Public Financial Management Modernization Project (P111795) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P111795 IDA-48070 Closed 07-Dec-2010 09-Dec-2010 06-May-2011 31-Dec-2015 31-Dec-2017 P111795 IDA-55790 Effective 08-Dec-2014 15-Dec-2014 25-Feb-2015 31-Dec-2017 30-Jun-2020 P111795 TF-14059 Closed 27-Feb-2013 14-Mar-2013 14-Mar-2013 19-Apr-2015 19-Aug-2015 Cumulative Disbursements Restructuring History Level 2 Approved on 01-Aug-2013 ,Level 2 Approved on 15-Dec-2016 ,Level 2 Approved on 25-Aug-2017 ,Level 2 Approved on 08-Dec-2017 ,Level 2 Approved on 10-Oct-2018 ,Level 2 Approved on 20-Feb-2019 ,Level 2 Approved on 18-Nov-2019 Related Project(s) P150743-Additional Financing for the NI PFM Modernization Project 1/30/2020 Page 7 of 7