People's Republic of Bangladesh - Revenue Mobilization Program for Results : VAT Improvement Program
In accordance with the Bank s OP/BP 9.0 an Integrated Fiduciary Systems Assessment (IFSA) was carried out to determine whether the fiduciary systems pertaining to the Program provide reasonable assurances that the Program funds will be used for the...
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| Format: | Integrated Fiduciary Assessment |
| Language: | English en_US |
| Published: |
Washington, DC
2014
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2014/04/19791695/bangladesh-program-results-integrated-fiduciary-system-assessment http://hdl.handle.net/10986/20060 |
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okr-10986-20060 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCOUNT ACCOUNTABILITY ACCOUNTANT ACCOUNTING ACCOUNTING STANDARDS ACCOUNTING TREATMENT ACTION PLAN ADMINISTRATIVE PROCESS ANTI-CORRUPTION ANTI-MONEY LAUNDERING APPLICATION SOFTWARE ASSET MANAGEMENT ASSETS AUDIT OFFICE AUDIT REPORTS AUDITING AUDITOR AUDITORS AUTOMATION BEST PRACTICES BID DOCUMENTS BIDDING BILLS BRIBERY BUDGET ALLOCATIONS BUDGET IMPLEMENTATION BUDGET MANAGEMENT BUDGETARY ALLOCATION BUDGETARY ALLOCATIONS BUDGETING CAPACITY BUILDING CAPITAL EXPENDITURES CAPITAL INVESTMENTS CASH SHORTAGES CERTIFICATES CHART OF ACCOUNTS CIVIL SERVANT CIVIL SERVANTS COLLUSION COLLUSIVE PRACTICE COMMERCIAL BANK COMMUNICATION STRATEGY COMPETITIVE BIDDING COMPLAINT COMPLAINTS CONTRACT AWARD CONTRACT MANAGEMENT CONTRACTORS CORRUPT CORRUPT PRACTICES CORRUPTION CORRUPTION LAWS CORRUPTION PERCEPTION CORRUPTION PERCEPTION INDEX CORRUPTION PREVENTION COST ESTIMATES CPI CRIMINAL CRIMINAL JUSTICE CUSTOM CUSTOMIZATION CUSTOMS DEPENDENT DEPOSIT DEPOSITS DISBURSEMENT DISBURSEMENT ARRANGEMENT DISBURSEMENT ARRANGEMENTS DISBURSEMENTS DISPOSITION E-GOVERNMENT E-PAYMENT E-PROCUREMENT ELECTRONIC FILING EQUIPMENT EXISTING LAW EXPENDITURE EXPENDITURE CATEGORIES FAIR COMPETITION FIGHT AGAINST CORRUPTION FINANCIAL INFORMATION FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT SYSTEMS FINANCIAL REPORTING FINANCIAL REPORTS FINANCIAL STATEMENT FINANCIAL STATEMENTS FINANCIAL SUPPORT FINANCIERS FIXED ASSET FIXED ASSETS FLOW CHART FOREIGN EXCHANGE FRAUD FRAUDULENT CLAIMS FUNCTIONALITY GOVERNMENT BANK GOVERNMENT ORGANIZATIONS HARDWARE ICT IMPLEMENTATION PERIOD IMPLEMENTATIONS IMPLEMENTING AGENCIES IMPLEMENTING AGENCY INCOME TAX INDEPENDENT AUDITOR INFORMATION DISSEMINATION INFORMATION SYSTEM INSPECTION INSPECTIONS INSTALLATION INSTITUTIONALIZED CORRUPTION INSURANCE INTEGRITY INTERNAL AUDIT INTERNAL AUDITORS INTERNAL AUDITS INTERNATIONAL CONSULTANTS INTERNATIONAL STANDARD INTERNATIONAL STANDARDS INVESTIGATION INVESTIGATIONS JUDGE JUDICIAL INVESTIGATION JUDICIAL SYSTEM JUDICIARY JUSTICE JUSTICE SYSTEM LAW ENFORCEMENT LAWS LAWYERS LEGAL FRAMEWORK LEGAL PRACTITIONER LOAN LOAN REPAYMENTS MAKING PAYMENTS MANAGEMENT SYSTEM MANDATE MATERIAL MINISTER MONEY LAUNDERING MUTUAL LEGAL ASSISTANCE NATIONAL BUDGET NEGOTIATIONS NETWORKS OPERATING SYSTEMS PARLIAMENTARY OVERSIGHT PENALTIES PERCEPTION OF CORRUPTION PERFORMANCE INDICATOR PERFORMANCE INDICATORS POLITICIANS PROCUREMENT PROCUREMENT LAW PROCUREMENT PLAN PROCUREMENT PLANS PROCUREMENT POLICY PROCUREMENT PROCEDURES PROCUREMENT PROCESS PROCUREMENT PROCESSES PROCUREMENTS PROJECT MANAGEMENT PROSECUTION PROSECUTORS PROTOCOLS PUBLIC FUNDS PUBLIC MONEY PURCHASING RECURRENT COSTS REGULATORY FRAMEWORK REMEDIES RESULT RESULTS RETENTION SALARY SERVERS STANDARD PROTOCOL STANDARDIZATION SUPERVISION SUPPLY CHAIN TARGETS TECHNICAL ASSISTANCE TECHNICAL ASSISTANCE PROJECT TECHNICAL EXPERT TECHNICAL EXPERTS THIRD PARTY ENTITY TIME FRAME TRANSACTION TRANSPARENCY TRIAL TROUBLE SHOOTING TRUST FUND USES VERIFICATION WEB |
| spellingShingle |
ACCOUNT ACCOUNTABILITY ACCOUNTANT ACCOUNTING ACCOUNTING STANDARDS ACCOUNTING TREATMENT ACTION PLAN ADMINISTRATIVE PROCESS ANTI-CORRUPTION ANTI-MONEY LAUNDERING APPLICATION SOFTWARE ASSET MANAGEMENT ASSETS AUDIT OFFICE AUDIT REPORTS AUDITING AUDITOR AUDITORS AUTOMATION BEST PRACTICES BID DOCUMENTS BIDDING BILLS BRIBERY BUDGET ALLOCATIONS BUDGET IMPLEMENTATION BUDGET MANAGEMENT BUDGETARY ALLOCATION BUDGETARY ALLOCATIONS BUDGETING CAPACITY BUILDING CAPITAL EXPENDITURES CAPITAL INVESTMENTS CASH SHORTAGES CERTIFICATES CHART OF ACCOUNTS CIVIL SERVANT CIVIL SERVANTS COLLUSION COLLUSIVE PRACTICE COMMERCIAL BANK COMMUNICATION STRATEGY COMPETITIVE BIDDING COMPLAINT COMPLAINTS CONTRACT AWARD CONTRACT MANAGEMENT CONTRACTORS CORRUPT CORRUPT PRACTICES CORRUPTION CORRUPTION LAWS CORRUPTION PERCEPTION CORRUPTION PERCEPTION INDEX CORRUPTION PREVENTION COST ESTIMATES CPI CRIMINAL CRIMINAL JUSTICE CUSTOM CUSTOMIZATION CUSTOMS DEPENDENT DEPOSIT DEPOSITS DISBURSEMENT DISBURSEMENT ARRANGEMENT DISBURSEMENT ARRANGEMENTS DISBURSEMENTS DISPOSITION E-GOVERNMENT E-PAYMENT E-PROCUREMENT ELECTRONIC FILING EQUIPMENT EXISTING LAW EXPENDITURE EXPENDITURE CATEGORIES FAIR COMPETITION FIGHT AGAINST CORRUPTION FINANCIAL INFORMATION FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT SYSTEMS FINANCIAL REPORTING FINANCIAL REPORTS FINANCIAL STATEMENT FINANCIAL STATEMENTS FINANCIAL SUPPORT FINANCIERS FIXED ASSET FIXED ASSETS FLOW CHART FOREIGN EXCHANGE FRAUD FRAUDULENT CLAIMS FUNCTIONALITY GOVERNMENT BANK GOVERNMENT ORGANIZATIONS HARDWARE ICT IMPLEMENTATION PERIOD IMPLEMENTATIONS IMPLEMENTING AGENCIES IMPLEMENTING AGENCY INCOME TAX INDEPENDENT AUDITOR INFORMATION DISSEMINATION INFORMATION SYSTEM INSPECTION INSPECTIONS INSTALLATION INSTITUTIONALIZED CORRUPTION INSURANCE INTEGRITY INTERNAL AUDIT INTERNAL AUDITORS INTERNAL AUDITS INTERNATIONAL CONSULTANTS INTERNATIONAL STANDARD INTERNATIONAL STANDARDS INVESTIGATION INVESTIGATIONS JUDGE JUDICIAL INVESTIGATION JUDICIAL SYSTEM JUDICIARY JUSTICE JUSTICE SYSTEM LAW ENFORCEMENT LAWS LAWYERS LEGAL FRAMEWORK LEGAL PRACTITIONER LOAN LOAN REPAYMENTS MAKING PAYMENTS MANAGEMENT SYSTEM MANDATE MATERIAL MINISTER MONEY LAUNDERING MUTUAL LEGAL ASSISTANCE NATIONAL BUDGET NEGOTIATIONS NETWORKS OPERATING SYSTEMS PARLIAMENTARY OVERSIGHT PENALTIES PERCEPTION OF CORRUPTION PERFORMANCE INDICATOR PERFORMANCE INDICATORS POLITICIANS PROCUREMENT PROCUREMENT LAW PROCUREMENT PLAN PROCUREMENT PLANS PROCUREMENT POLICY PROCUREMENT PROCEDURES PROCUREMENT PROCESS PROCUREMENT PROCESSES PROCUREMENTS PROJECT MANAGEMENT PROSECUTION PROSECUTORS PROTOCOLS PUBLIC FUNDS PUBLIC MONEY PURCHASING RECURRENT COSTS REGULATORY FRAMEWORK REMEDIES RESULT RESULTS RETENTION SALARY SERVERS STANDARD PROTOCOL STANDARDIZATION SUPERVISION SUPPLY CHAIN TARGETS TECHNICAL ASSISTANCE TECHNICAL ASSISTANCE PROJECT TECHNICAL EXPERT TECHNICAL EXPERTS THIRD PARTY ENTITY TIME FRAME TRANSACTION TRANSPARENCY TRIAL TROUBLE SHOOTING TRUST FUND USES VERIFICATION WEB World Bank People's Republic of Bangladesh - Revenue Mobilization Program for Results : VAT Improvement Program |
| geographic_facet |
South Asia Bangladesh |
| description |
In accordance with the Bank s OP/BP
9.0 an Integrated Fiduciary Systems Assessment (IFSA) was
carried out to determine whether the fiduciary systems
pertaining to the Program provide reasonable assurances that
the Program funds will be used for their intended purpose.
The IFSA comprised an assessment of the fiduciary risks
relating to: (a) procurement; (b) financial management; and
(c) governance (including fraud and corruption risks) of the
implementing agency (the VAT Wing of NBR) which accounts for
95 percent of the Bank-supported Program financing over the
next five years. An additional 5 percent of funds will be
spent through the ERD as the coordinating agency and the
agency responsible for hiring the third party entity for
independent verification and reporting to the World Bank.
For disbursement purposes, the Bank retains the right to
make the final decision whether DLIs have been achieved or
not. The conclusion of the IFSA is that the overall
fiduciary framework is high risk, but with risk mitigating
measures, it is adequate to support Program implementation
and to achieve the desired results. |
| format |
Economic & Sector Work :: Integrated Fiduciary Assessment |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
People's Republic of Bangladesh - Revenue Mobilization Program for Results : VAT Improvement Program |
| title_short |
People's Republic of Bangladesh - Revenue Mobilization Program for Results : VAT Improvement Program |
| title_full |
People's Republic of Bangladesh - Revenue Mobilization Program for Results : VAT Improvement Program |
| title_fullStr |
People's Republic of Bangladesh - Revenue Mobilization Program for Results : VAT Improvement Program |
| title_full_unstemmed |
People's Republic of Bangladesh - Revenue Mobilization Program for Results : VAT Improvement Program |
| title_sort |
people's republic of bangladesh - revenue mobilization program for results : vat improvement program |
| publisher |
Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2014/04/19791695/bangladesh-program-results-integrated-fiduciary-system-assessment http://hdl.handle.net/10986/20060 |
| _version_ |
1764444344717148160 |
| spelling |
okr-10986-200602021-04-23T14:03:53Z People's Republic of Bangladesh - Revenue Mobilization Program for Results : VAT Improvement Program World Bank ACCOUNT ACCOUNTABILITY ACCOUNTANT ACCOUNTING ACCOUNTING STANDARDS ACCOUNTING TREATMENT ACTION PLAN ADMINISTRATIVE PROCESS ANTI-CORRUPTION ANTI-MONEY LAUNDERING APPLICATION SOFTWARE ASSET MANAGEMENT ASSETS AUDIT OFFICE AUDIT REPORTS AUDITING AUDITOR AUDITORS AUTOMATION BEST PRACTICES BID DOCUMENTS BIDDING BILLS BRIBERY BUDGET ALLOCATIONS BUDGET IMPLEMENTATION BUDGET MANAGEMENT BUDGETARY ALLOCATION BUDGETARY ALLOCATIONS BUDGETING CAPACITY BUILDING CAPITAL EXPENDITURES CAPITAL INVESTMENTS CASH SHORTAGES CERTIFICATES CHART OF ACCOUNTS CIVIL SERVANT CIVIL SERVANTS COLLUSION COLLUSIVE PRACTICE COMMERCIAL BANK COMMUNICATION STRATEGY COMPETITIVE BIDDING COMPLAINT COMPLAINTS CONTRACT AWARD CONTRACT MANAGEMENT CONTRACTORS CORRUPT CORRUPT PRACTICES CORRUPTION CORRUPTION LAWS CORRUPTION PERCEPTION CORRUPTION PERCEPTION INDEX CORRUPTION PREVENTION COST ESTIMATES CPI CRIMINAL CRIMINAL JUSTICE CUSTOM CUSTOMIZATION CUSTOMS DEPENDENT DEPOSIT DEPOSITS DISBURSEMENT DISBURSEMENT ARRANGEMENT DISBURSEMENT ARRANGEMENTS DISBURSEMENTS DISPOSITION E-GOVERNMENT E-PAYMENT E-PROCUREMENT ELECTRONIC FILING EQUIPMENT EXISTING LAW EXPENDITURE EXPENDITURE CATEGORIES FAIR COMPETITION FIGHT AGAINST CORRUPTION FINANCIAL INFORMATION FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT SYSTEMS FINANCIAL REPORTING FINANCIAL REPORTS FINANCIAL STATEMENT FINANCIAL STATEMENTS FINANCIAL SUPPORT FINANCIERS FIXED ASSET FIXED ASSETS FLOW CHART FOREIGN EXCHANGE FRAUD FRAUDULENT CLAIMS FUNCTIONALITY GOVERNMENT BANK GOVERNMENT ORGANIZATIONS HARDWARE ICT IMPLEMENTATION PERIOD IMPLEMENTATIONS IMPLEMENTING AGENCIES IMPLEMENTING AGENCY INCOME TAX INDEPENDENT AUDITOR INFORMATION DISSEMINATION INFORMATION SYSTEM INSPECTION INSPECTIONS INSTALLATION INSTITUTIONALIZED CORRUPTION INSURANCE INTEGRITY INTERNAL AUDIT INTERNAL AUDITORS INTERNAL AUDITS INTERNATIONAL CONSULTANTS INTERNATIONAL STANDARD INTERNATIONAL STANDARDS INVESTIGATION INVESTIGATIONS JUDGE JUDICIAL INVESTIGATION JUDICIAL SYSTEM JUDICIARY JUSTICE JUSTICE SYSTEM LAW ENFORCEMENT LAWS LAWYERS LEGAL FRAMEWORK LEGAL PRACTITIONER LOAN LOAN REPAYMENTS MAKING PAYMENTS MANAGEMENT SYSTEM MANDATE MATERIAL MINISTER MONEY LAUNDERING MUTUAL LEGAL ASSISTANCE NATIONAL BUDGET NEGOTIATIONS NETWORKS OPERATING SYSTEMS PARLIAMENTARY OVERSIGHT PENALTIES PERCEPTION OF CORRUPTION PERFORMANCE INDICATOR PERFORMANCE INDICATORS POLITICIANS PROCUREMENT PROCUREMENT LAW PROCUREMENT PLAN PROCUREMENT PLANS PROCUREMENT POLICY PROCUREMENT PROCEDURES PROCUREMENT PROCESS PROCUREMENT PROCESSES PROCUREMENTS PROJECT MANAGEMENT PROSECUTION PROSECUTORS PROTOCOLS PUBLIC FUNDS PUBLIC MONEY PURCHASING RECURRENT COSTS REGULATORY FRAMEWORK REMEDIES RESULT RESULTS RETENTION SALARY SERVERS STANDARD PROTOCOL STANDARDIZATION SUPERVISION SUPPLY CHAIN TARGETS TECHNICAL ASSISTANCE TECHNICAL ASSISTANCE PROJECT TECHNICAL EXPERT TECHNICAL EXPERTS THIRD PARTY ENTITY TIME FRAME TRANSACTION TRANSPARENCY TRIAL TROUBLE SHOOTING TRUST FUND USES VERIFICATION WEB In accordance with the Bank s OP/BP 9.0 an Integrated Fiduciary Systems Assessment (IFSA) was carried out to determine whether the fiduciary systems pertaining to the Program provide reasonable assurances that the Program funds will be used for their intended purpose. The IFSA comprised an assessment of the fiduciary risks relating to: (a) procurement; (b) financial management; and (c) governance (including fraud and corruption risks) of the implementing agency (the VAT Wing of NBR) which accounts for 95 percent of the Bank-supported Program financing over the next five years. An additional 5 percent of funds will be spent through the ERD as the coordinating agency and the agency responsible for hiring the third party entity for independent verification and reporting to the World Bank. For disbursement purposes, the Bank retains the right to make the final decision whether DLIs have been achieved or not. The conclusion of the IFSA is that the overall fiduciary framework is high risk, but with risk mitigating measures, it is adequate to support Program implementation and to achieve the desired results. 2014-09-10T22:46:05Z 2014-09-10T22:46:05Z 2014-04 http://documents.worldbank.org/curated/en/2014/04/19791695/bangladesh-program-results-integrated-fiduciary-system-assessment http://hdl.handle.net/10986/20060 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work :: Integrated Fiduciary Assessment South Asia Bangladesh |