-0.8 C
Munich
Friday, January 27, 2023

Ministry requests $8.92m World Bank loan for stationery, others

Must read

The Home Finance Division of the Ministry of Finance, Budget, and National Planning has requested $8.93 million from the World Bank to purchase 21 items, including vehicles, office supplies, furniture, stationery, and equipment.

The requests were submitted as part of the 2018-launched State Fiscal Transparency, Accountability and Sustainability project.

Leaderboard for fidelity

The SFTAS initiative, which was created to increase accountability and transparency at the subnational level, will come to an end this year.

The World Bank committed a total of $1.5 billion to the project in two installments of $750 million (December 2018 and December 2020).

Despite being a grant to state governments, the money is actually a loan to the federal government.

Our correspondent recently acquired a copy of the procurement plan for the project, which covers the months of February 2019 through August 2020.

The procurement plan complies with the Procurement Guidelines published by the World Bank, which outline the arrangements to be made for acquiring the materials (including related services) needed for a project.

In terms of furniture, the department asked for $64,190 to outfit the SFTAS Public Service Institute, $17,000 to add office furniture and partition the STFAS office, and $17,250 to outfit the Debt Management Office with more furniture and equipment.

Additionally, the department asked for $25,000 to buy MiFi modems for the DMO and video conferencing equipment for the SFTAS PCU.

The distribution of spatial data to the states, which was anticipated to cost $8m, was the highest request.

The purchase of project vehicles for the PCU and independent verification agent was also requested, costing $291,804.

- Advertisement -spot_img

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

%d bloggers like this: