EUROPEAN PROFILES S.A

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TITLE OF PROJECT

Technical Assistance for the improvement of Public Financial Management

Country:

Ivory Coast

Project Period:

06/2008-09/2008

Project Value:

€ 68.790

No of Staff Provided:

1

Origin of Funding:

EC EDF

Name of Client/ Beneficiary:

Ministry of Economy and Finances

Description of Project:

The overall objective of this project is to improve the management of public finances, the safety and the effectiveness of the macro-economic assistance.

The specific objective of this project is to define, in collaboration with the Ministry of Economy and Finances, the strategic axes of the reforms resulting from the evaluation of the Corrective measures and from PEMFAR


Our consultancy has compiled the reports and all the available project documents which deal with corrective measures of public finances, and has prepared a matrix concerning the intervention domains, in line with the EPP/IDA programme of the WB.

The matrix has also allowed us to identify some "intervention blanks" such as:

  • A technical assistance to the preparation of the National Plan of Public Financial Management Reform (PRFP)
  • A support aiming at the transformation of the existing Chamber of Accounts (Chambre des comptes) into an effective and independent Court of Accounts (Cour des comptes), as foreseen by the Constitution of the Ivory Coast.
  • A technical assistance to the updating or preparation of sectoral strategic plans of utmost importance for the downstream realization of the Mid-Term Expenditure Framework (MTEF)


These three sections have been put together into a pilot project accompanied by its respective terms of reference & budget, which was approved during a presentation meeting organized at the headquarters of the ECD, and in which were present all the representatives of the cabinet of the Minister of Economy and Finances, the IMF and the Support Unit of the National Authorising Officer (NAO).


Following the above, 3 main propositions of interventions have been proposed by our consultancy:

  • A Framework Contract Project which will support the revision of the project of organic law which created and dealt with the organization of the Court of Accounts
  • A Technical Assistance project of the European Union for the creation of a pilot unit for the National Plan of Public Financial Management Reform within the Cabinet of the Minister of Economy and Finances.
  • Financing of the 10th EDF, Support to the creation of a national network of Regional Chambers of Account

Services Provided:


  • Elaboration of a new support project of the European Union related to the system of public finances, which will be funded in the framework of "political and economic good governance" from the Programme of Urgent Rehabilitation No 4 (PUR IV).
  • Proposition of a project estimation programme or any other form of financing, in conformity with the existing models, indicating the foreseen objectives to be reached, results, the activities to be carried out, the details of implementation, the structure of management as well as the estimates of the costs.
  • Elaboration of the terms of reference of the technical assistance which will be in charge of controlling the support, and which will come into force by the Ministry of Economy and Finances, during the implementation of its reform programme.

Name of Partners:
  • DFC S.A.