through strengthening public institutions on three functional areas: (a) financial sector, (b) economic management, (c) privatization and enterprise reform
Project Description 1. Financial Sector Reform (US $ 2.325 million)
(a) Financial Sector Infrastructure:
Consulting service and equipment:
- to introduce and implement Broadly Adapted Financial Statement (BASF), and internationally acceptable accounting and auditing system;
- to conduct diagnostic studies in five state-owned banks and make recommendation for steps to streamline the system;
- review existing payment system and make recommendations for steps to streamline the system
2. Economic management (US $ 5.660 million)
(b) Economic Policy Formulation
Support will be provided to the Office of the Deputy Prime Minister (now Chief Economic Advisor to the President) to design a strategy for the restructuring and the reform of the government's economic management agencies, particularly the Ministries of Finance and Economy, and to strengthen economic policy formulation and analyses.
(c) Statistical Services:
Consulting services, training, and equipment to assist the Committee for Social and Economic Information in
- reviewing the methodology used for generating and maintaining national accounts and initiating steps to introduce the internationally acceptable System of National Accounts (SNA);
- designing and conducting an improved household survey in the city Tbilisi
(d) Tax Administration:
- computerization of tax offices; IDA pilot project for the modernization and computerization of the central State Tax Inspectorate (STI) and the Tbilisi City Inspectorate;
- training of the STI staff.
(e) Treasure:
- first phase: a central treasury function will be established in the Ministry of Finance and regional branch in Tbilisi;
- second phase: regional Treasuries will be established throughout of Georgia:
- IDA will finance computers for the establishment of the Treasury offices.
(g) Strengthening of Customs Administration:
Support will be provided to the Customs Committee in
(i) simplifying and reforming the organization and procedures of customs operations: (ii) modernizing customs management;
(iii) training the customs staff in the customs management and the computerization;
(iv) computerizing customs clearance procedures, accounts, and statistics at Tbilisi headquarters and at the Tbilisi airport as the first pilot site.
(h) Aid Coordination:
- Project will finance ...
