Project profile — Strengthening Public Expenditure Management Program (SPEMP)



Overview 

CA-3-A033498001
$20,000,000
IBRD Trust Funds - World Bank (44001)
2011-03-28 - 2025-06-30
Operational
Global Affairs Canada
OGM Indo-Pacific

Country / region 

• Bangladesh (100.00%)

Sector 

• Budget planning:
Budget planning (15117) (75.00%)
National audit (15118) (19.00%)
Legislatures and political parties (15152) (6.00%)

Policy marker 

• Gender equality (significant objective)
• Environmental sustainability (cross-cutting) (not targeted)
• Participatory development and good governance (significant objective)
• Trade development (not targeted)
• Biodiversity (not targeted)
• Climate change mitigation (not targeted)
• Climate Change Adaptation (not targeted)
• Urban issues (not targeted)
• Desertification (not targeted)
• Children's issues (not targeted)
• Youth Issues (not targeted)
• Indigenous Issues (not targeted)
• Disability (not targeted)
• ICT as a tool for development (not targeted)

Description 

This project is designed to enhance efficiency, effectiveness and accountability in the management and use of public funds in order to accelerate the implementation of national development priorities leading to greater poverty reduction and sustainable economic growth in Bangladesh. This is an umbrella reform program in the area of public financial management. The program consists of three discreet projects corresponding to the implementation of core reform activities in budget preparation and execution, internal and external audit and legislative oversight. It is a five-year program financed through a multi-donor trust fund administered by the World Bank.

Expected results 

N/A

Results achieved 

Results achieved as of May 2014 include: (1) contributing significantly to the design and implementation of a new integrated budget and accounting system to improve budgeting, accounting and reporting functions, with 160 sub-district Accounts Offices currently using the new system; (2) enrolling over 100 audit staff in professional accreditation courses; (3) providing training on public financial management to more than 6,600 official across government; (4) completing 12 pilot audits, of which six covered high impact areas of government, such as procurement, public debt, revenue, public works, forensic and investigative, and environmental; (5) reviewing and clearing 350 audit reports and settling 5,550 audit objections, reducing the audit backlog by 95%; and (6) contributing to the design of a management information system and drafting amended rules of procedures for the parliamentary financial oversight committees. These results are contributing to enhancing efficiency, effectiveness and accountability in the management and use of public funds in Bangladesh.

Budget and spending 


Original budget $200,000
Planned disbursement $0
Transactions
Country percentages by sector
Type of finance Aid grant excluding debt reorganisation
Collaboration type Bilateral
Type of aid Basket funds/pooled funding
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