Publication:
Organization of Eastern Caribbean States : Policy Note on Project Fiduciary Management

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dc.contributor.authorWorld Bank
dc.date.accessioned2014-08-20T21:25:32Z
dc.date.available2014-08-20T21:25:32Z
dc.date.issued2007-11
dc.description.abstractThe Organization of Eastern Caribbean States (OECS) face special development challenges, including limited institutional capacity, high per capita costs of basic social and infrastructure services, and vulnerability to natural disasters and other external shocks. This note identifies specific issues related to financial management and procurement. This note focused on the implications of differing donor practices for financing capital projects in a generally weak institutional and implementation environment for capital projects. The quality of implementation is also affected by a lack of adequate project management skills. The objective of this Policy Note is to increase the efficiency of capital investment project implementation in the OECS countries by (i) contributing to a more efficient use of limited institutional and human resource capacity, (ii) lowering transaction costs, and (iii) optimizing the use of public funds, while (iv) maintaining a robust control framework. The OECS economies are highly dependent on donor assistance for funding investment projects. This note identifies opportunities for sequential mainstreaming of fiduciary functions (financial management and procurement) and for a gradual approach to using mechanisms. The OECS countries' current efforts to rationalize institutional arrangements for capital projects by consolidating implementing entities or further mainstreaming implementation within existing structures in line ministries are consistent with the recommendations of the Country Program Quality Enhancement Review conducted by the World Bank in 2004.en
dc.identifierhttp://documents.worldbank.org/curated/en/2007/11/8984710/organization-eastern-caribbean-states-oecs-policy-note-project-fiduciary-management
dc.identifier.doi10.1596/19541
dc.identifier.urihttps://hdl.handle.net/10986/19541
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTABILITY
dc.subjectACCOUNTING
dc.subjectACCOUNTING SYSTEM
dc.subjectACCOUNTING SYSTEMS
dc.subjectACTION PLAN
dc.subjectADMINISTRATIVE BURDEN
dc.subjectADMINISTRATIVE COSTS
dc.subjectANNUAL BUDGET
dc.subjectANNUAL PERFORMANCE
dc.subjectAUDITING
dc.subjectAUDITOR
dc.subjectAUDITORS
dc.subjectAUDITS
dc.subjectAUTOMATION
dc.subjectBACKBONE
dc.subjectBANK ACCOUNTS
dc.subjectBIDDING
dc.subjectBORROWING
dc.subjectBUDGET ACCOUNTS
dc.subjectBUDGET DIRECTOR
dc.subjectBUDGET ESTIMATES
dc.subjectBUYER
dc.subjectCAPABILITIES
dc.subjectCAPACITY BUILDING
dc.subjectCAPACITY CONSTRAINTS
dc.subjectCAPACITY-BUILDING
dc.subjectCAPITAL BUDGET
dc.subjectCAPITAL BUDGETS
dc.subjectCAPITAL EXPENDITURES
dc.subjectCAPITAL INVESTMENT
dc.subjectCAPITAL PROJECTS
dc.subjectCASH MANAGEMENT
dc.subjectCIVIL SERVANTS
dc.subjectCIVIL SERVICE
dc.subjectCIVIL SOCIETY
dc.subjectCIVIL SOCIETY ORGANIZATIONS
dc.subjectCOMMODITIES
dc.subjectCOMPETITIVENESS
dc.subjectCONSOLIDATION
dc.subjectCONSTRAINED ENVIRONMENT
dc.subjectCONTRACTUAL OBLIGATIONS
dc.subjectCONTRIBUTIONS
dc.subjectCOORDINATION MECHANISMS
dc.subjectCOST ESTIMATES
dc.subjectCOST OF CAPITAL
dc.subjectCOST-EFFECTIVENESS
dc.subjectCOUNTERPART FUNDING
dc.subjectCOUNTERPART FUNDS
dc.subjectCOUNTRY PROCUREMENT
dc.subjectCOUNTRY PROCUREMENT ASSESSMENT
dc.subjectCURRENT PLAN
dc.subjectCURRICULA
dc.subjectCURRICULUM
dc.subjectDEBT
dc.subjectDEPOSIT
dc.subjectDEVELOPMENT BANK
dc.subjectDISBURSEMENT OF FUNDS
dc.subjectDISTANCE LEARNING
dc.subjectDISTANCE LEARNING NETWORK
dc.subjectDISTANCE LEARNING NETWORKS
dc.subjectDOCUMENT REQUIREMENTS
dc.subjectDONOR AGENCIES
dc.subjectDONOR ASSISTANCE
dc.subjectDONOR COORDINATION
dc.subjectDONOR FUNDING
dc.subjectDONOR FUNDS
dc.subjectEASTERN CARIBBEAN CENTRAL BANK
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC MANAGEMENT
dc.subjectECONOMIC POLICY
dc.subjectECONOMIES OF SCALE
dc.subjectEXPENDITURE
dc.subjectEXPENDITURE CATEGORIES
dc.subjectEXPENDITURE CLASSIFICATION
dc.subjectEXTERNAL SHOCKS
dc.subjectFIDUCIARY FUNCTION
dc.subjectFIDUCIARY REQUIREMENTS
dc.subjectFIDUCIARY RESPONSIBILITIES
dc.subjectFINANCIAL ACCOUNTABILITY
dc.subjectFINANCIAL CONSTRAINTS
dc.subjectFINANCIAL INFORMATION
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL MANAGEMENT SYSTEMS
dc.subjectFINANCIAL REPORTS
dc.subjectFINANCIAL SUPPORT
dc.subjectFISCAL CONSTRAINTS
dc.subjectFOREIGN CURRENCY
dc.subjectFRAUD
dc.subjectFUNCTIONALITIES
dc.subjectFUND MANAGER
dc.subjectGOVERNMENT ACCOUNTING
dc.subjectGOVERNMENT ACCOUNTS
dc.subjectGOVERNMENT BUDGET
dc.subjectGOVERNMENT OFFICIALS
dc.subjectGOVERNMENT SPENDING
dc.subjectGOVERNMENT STRUCTURES
dc.subjectHARMONIZATION
dc.subjectHOUSING
dc.subjectHUMAN CAPACITY
dc.subjectHUMAN RESOURCE
dc.subjectHUMAN RESOURCE CAPACITY
dc.subjectHUMAN RESOURCES
dc.subjectIMPLEMENTING AGENCIES
dc.subjectIMPLEMENTING AGENCY
dc.subjectINCOME
dc.subjectINFORMATION SYSTEMS
dc.subjectINFRASTRUCTURE PROJECTS
dc.subjectINFRASTRUCTURE SERVICES
dc.subjectINITIATIVE
dc.subjectINSTALLATION
dc.subjectINSTITUTION
dc.subjectINSTITUTIONAL CAPACITY
dc.subjectINTERNAL AUDIT
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINTERNATIONAL TRADE
dc.subjectINVESTMENT ACTIVITIES
dc.subjectINVESTMENT DECISIONS
dc.subjectINVESTMENT PROGRAM
dc.subjectINVESTMENT PROGRAMS
dc.subjectJUSTICE
dc.subjectLABOR MARKET
dc.subjectLACK OF INFORMATION
dc.subjectLATE PAYMENTS
dc.subjectLAWS
dc.subjectLEGAL FRAMEWORKS
dc.subjectLEGISLATION
dc.subjectLENDERS
dc.subjectMAINTENANCE COSTS
dc.subjectMARKET CONDITIONS
dc.subjectMARKET PRICES
dc.subjectMEDICAL SUPPLIES
dc.subjectMEMBER COUNTRIES
dc.subjectMINISTER
dc.subjectMINISTRY OF FINANCE
dc.subjectNATIONAL DEVELOPMENT
dc.subjectNATURAL DISASTERS
dc.subjectNETWORK INFRASTRUCTURE
dc.subjectORGANIZATIONAL STRUCTURES
dc.subjectOVERSEAS TRAINING
dc.subjectPEER REVIEW
dc.subjectPHYSICAL INFRASTRUCTURE
dc.subjectPOLICY DECISIONS
dc.subjectPORTFOLIO PERFORMANCE
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATE SECTORS
dc.subjectPROCUREMENT FUNCTION
dc.subjectPROCUREMENT POLICY
dc.subjectPROCUREMENT PROCESSES
dc.subjectPRODUCTIVITY
dc.subjectPROGRAM MANAGEMENT
dc.subjectPROGRAMS
dc.subjectPROJECT MANAGEMENT
dc.subjectPROTOTYPE
dc.subjectPUBLIC ACCOUNTS
dc.subjectPUBLIC EDUCATION
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC EXPENDITURE MANAGEMENT
dc.subjectPUBLIC EXPENDITURE SYSTEMS
dc.subjectPUBLIC FINANCE
dc.subjectPUBLIC FINANCIAL MANAGEMENT
dc.subjectPUBLIC FUNDS
dc.subjectPUBLIC HEALTH
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SECTOR MANAGEMENT
dc.subjectPUBLIC SECTOR PROCUREMENT
dc.subjectPUBLIC SECTOR REFORM
dc.subjectPUBLIC SERVICE
dc.subjectPUBLIC SERVICE DELIVERY
dc.subjectPUBLIC WORKS
dc.subjectPURCHASES
dc.subjectQUALITY ASSURANCE
dc.subjectREGIONAL TECHNICAL ASSISTANCE
dc.subjectREMEDY
dc.subjectRESOURCE CONSTRAINTS
dc.subjectRESPONSIBILITIES
dc.subjectRESULT
dc.subjectRESULTS
dc.subjectRISK MANAGEMENT
dc.subjectSALARY
dc.subjectSAVINGS
dc.subjectSECTOR MINISTRIES
dc.subjectSENIOR
dc.subjectSERVICE PROVIDERS
dc.subjectSOLICITOR GENERAL
dc.subjectSUPERVISION
dc.subjectSUPREME AUDIT INSTITUTIONS
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTECHNICAL ASSISTANCE PROJECT
dc.subjectTECHNICAL DEPARTMENTS
dc.subjectTECHNICAL SUPPORT
dc.subjectTELECOMMUNICATIONS
dc.subjectTIGHT FISCAL SITUATION
dc.subjectTRAINING PROGRAMS
dc.subjectTRANSACTION
dc.subjectTRANSACTION COSTS
dc.subjectTRANSPARENCY
dc.subjectTRANSPORT
dc.subjectTRANSPORTATION INFRASTRUCTURE
dc.subjectTRUST FUNDS
dc.subjectUSERS
dc.subjectUSES
dc.subjectVALUABLE
dc.subjectWORLD MARKETS
dc.subjectWORTH
dc.titleOrganization of Eastern Caribbean States : Policy Note on Project Fiduciary Managementen
dspace.entity.typePublication
okr.date.disclosure2007-11-30
okr.date.doiregistration2025-05-07T10:51:52.895945Z
okr.doctypeEconomic & Sector Work::Policy Note
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2007/11/8984710/organization-eastern-caribbean-states-oecs-policy-note-project-fiduciary-management
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.globalpracticeTransport and ICT
okr.globalpracticeTrade and Competitiveness
okr.guid976731468288665471
okr.identifier.externaldocumentum000333038_20080204033931
okr.identifier.internaldocumentum8984710
okr.identifier.report41995
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2008/02/04/000333038_20080204033931/Rendered/PDF/419950SR0P09891isclosed0Jan03102008.pdfen
okr.region.administrativeLatin America & Caribbean
okr.sectorPublic Administration, Law, and Justice :: General public administration sector
okr.themePublic sector governance :: Administrative and civil service reform
okr.themePublic sector governance :: Decentralization
okr.themePublic sector governance :: Public expenditure, financial management and procurement
okr.themePublic sector governance :: Other accountability/anti-corruption
okr.themeFinancial and private sector development :: Corporate governance
okr.topicBanks and Banking Reform
okr.topicPublic Sector Corruption and Anticorruption Measures
okr.topicPublic Sector Expenditure Analysis and Management
okr.topicPrivate Sector Development::E-Business
okr.topicFinance and Financial Sector Development
okr.topicPublic Sector Development
okr.unitFinancial Management (LCSFM)
okr.volume1 of 1
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