Publication: Uzbekistan - Country Integrated Fiduciary Assessment
Date
2011-03
ISSN
Published
2011-03
Author(s)
World Bank
Abstract
This Country Integrated Fiduciary
Assessment (CIFA) is a comprehensive review of
Uzbekistan's public financial management and
procurement systems. There are four objectives of this
study. The CIFA was designed to: (i) provide relevant
information to the Bank and the Government on the public
sector financial accountability and fiduciary arrangements
in Uzbekistan; (ii) identify and document the most
significant fiduciary risks in the Government public
financial management and procurement systems (PFM); (iii)
document the existing program of reforms and capacity
building to improve transparency and accountability aspects
of the PFM, making proposals for actions that can bring
positive change; and (iv) provide a roadmap for the Bank and
other development partners to consider the use of country
PFM systems in investment projects with adequate fiduciary
safeguards. This CIFA is a joint financial management and
procurement exercise. The assessment enables the Government
of Uzbekistan to document progress made in the PFM segment
of the CPIA. This report examines the institutional and
legal framework for PFM, as well as the procurement;
budgeting; accounting, recording and reporting; internal
financial control and internal audit; external audit and
parliamentary oversight; and public procurement operation.
For each component, the fiduciary risk is assessed, the
potential use of country systems is explored, and
recommendations are proposed for the consideration of the government.
Citation
“World Bank. 2011. Uzbekistan - Country Integrated Fiduciary Assessment. © Washington, DC. http://openknowledge.worldbank.org/entities/publication/62960ba0-77ac-58dd-9691-a3485ff1b501 License: CC BY 3.0 IGO.”