Exchanging the implementation plan of the technical assistance program on public financial management reform
Publish date 20-09-2022 05:27, Lượt xem: 33

On the morning of September 13th, in Hanoi, Standing Vice Chairman of the People’s Committee of Da Nang City Ho Ky Minh had a meeting with Ms. Alma Kanani, Practice Manager for East Asia and the Pacific-World Bank.

At the meeting, both sides exchanged and discussed in detail the plan to implement the technical assistance program to reform local public financial management in Da Nang funded by the World Bank and being implemented in Da Nang.


Overview of the meeting

At the meeting, Vice Chairman Ho Ky Minh highly appreciated the support of the World Bank in implementing the project in Da Nang. He raised some issues in public financial management and budget use in Da Nang City, and expressed his wish that the World Bank would approve the program to help Da Nang improve its capacity to mobilize and use resources more efficiently and sustainably.

“The People’s Committee of Da Nang City basically agreed with the implementation contents of the program, the city’s leaders facilitated and directed its agencies and departments so that the World Bank and the expert group could effectively implement the program in line with the plan agreed upon by both parties”, Vice Chairman Ho Ky Minh emphasized.

The technical assistance program to reform local public financial management in Da Nang was implemented with the goal of supporting Da Nang in perfecting its institutions as well as enhancing its capacity to mobilize and utilize its financial resources more efficiently, responsibly, and sustainably.

The program includes 4 components: Fiscal Strategy; Medium-term spending framework; Report on financial situation and operation results of public non-business units; Public investment and wealth management.

The Steering Committee for the Implementation of the Technical Assistance Program on Public Financial Management Reform at the local level in Da Nang is led by Standing Vice Chairman of the City’s People’s Committee Ho Ky Minh; Director of the Department of Finance Nguyen Van Phung acts as Deputy Head of the Committee; Members of the Steering Committee include leaders of  Departments: Planning and Investment, Natural Resources and Environment, Transport, Labor - Invalids & Social Affairs, Health; agencies: Tax Department, Da Nang State Treasury, Office of the Citys’ People’s Committee and 5 Project Management Boards under City’s People’s Committee.

Previously, on June 23rd, 2022, the People’s Committee of Da Nang City in collaboration with the World Bank held the Kick-off Ceremony of the Technical Assistance Program on Public Financial Management Reform at the local level in Da Nang under the chairmanship of Chairman of the City’s People’s Committee Le Trung Chinh, Director of the World Bank in Vietnam Carolyn, and Head of the Development Cooperation Agency - State Secretariat for Economic Affairs (Switzerland) (SECO) Werner Gruber.

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