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Public Finance Management Technical Assistance Project: Development of recommendations for enhancing efficiency of budget expenditures to support the cooperation with international development institutions on the issues of financial policy and financial control, reservation and write-off of credit losses
Details
Location:
Russia
Category:
Consulting services
Status:
Closed
Sectors:
Macro-Economy & Public Finance, Financial Services & Audit
Funding Agency:
Eligibility:
Organisation
Budget:
N/A
Date posted:
Jul 18, 2016
Description
Project ID: P122998 Borrower/Bid No: PFMTAP/CQS-4.41
The Russian Federation has received financing from the World Bank toward the cost of the Public Finance Management Technical Assistance Project, and intends to apply part of the proceeds for consul
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By Locations
Funding agency:
WB
Status:
closed
Location:
Russia
By Sectors
Funding agency:
ADB
Status:
closed
Location:
Vietnam
Funding agency:
ADB
Status:
closed
Location:
Vietnam
tender Background
About the Funding Agency
The World Bank (USA) is part of an international financial agency that makes loans and grants to governments in low- and middle-income countries to fund capital projects. The United States was a driving force behind the founding of the World Bank in 1944 and it is still the World Bank's largest shareholder today.
The United States contributes to tackling critical international development concerns through the World Bank Group and has a long history of generously supporting the objectives of the World Bank Group and has been a champion of the International Development Association (IDA) which provides low-interest loans and grants to the world's poorest countries. The key U.S. priorities at the World Bank include a multilateral health and economic response to COVID-19, debt sustainability and transparency, promoting governance and fighting corruption, ending energy poverty and supporting a strong emphasis on accountability, transparency and development impact.
About the Sectors
Macro-Economy & Public Finance
Includes initiatives that support macroeconomic stability, sound fiscal policy, and effective management of public financial resources.
Key areas:
- Macroeconomic analysis and policy support
- Public finance management (PFM)
- Government budgeting, taxation, and debt management
- Economic growth and development strategies
Financial Services & Audit
Covers financial, banking, insurance, investment, and audit services related to the management, transfer, and oversight of financial resources.
Key areas:
- Financial services, banking, and insurance
- Accounting, auditing, and financial reporting
- Investment, capital markets, and financial inclusion
Locations
Russia
Russia prioritizes rail networks, energy pipelines, port expansion, and Arctic infrastructure to support trade and resource exports. Infrastructure development is largely state-led, financed through federal budgets and energy revenues. Investments aim to strengthen transport corridors linking Europe and Asia, as well as Arctic maritime routes. Geopolitical constraints, sanctions, and fiscal pressures significantly influence infrastructure financing and modernization.
Nr. of tenders: 4068
Nr. of grants: 1567
Nr. of donors: 367
Nr. of jobs: 11
Nr. of tenders: 4068
Nr. of grants: 1567
Nr. of donors: 367
Nr. of jobs: 11
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