Dominican Republic : Country Fiduciary Assessment, Volume 4, Annexes

The Dominican Republic has made significant strides in deepening democracy during the past decade including the implementation of an important electoral reform. This fiduciary assessment was prepared by the Bank and the Inter-American Development Bank (IDB) as a tool for their coordinated policy dia...

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Main Author:	World Bank
Format:	Country Financial Accountability Assessment
Language:	English en_US
Published:	Washington, DC 2012
Subjects:	ACCOUNT ACCOUNTABILITY ACCOUNTING ACCOUNTS ADMINISTRATIVE PROCESS ANTI-CORRUPTION AUDIT REPORTS AUDITING AUDITING STANDARDS AUDITORS AUDITS AUTHORITY AUTHORIZATION AUTONOMY BILLS BUDGET CLASSIFICATION BUDGET CUTS BUDGETING CENTRAL GOVERNMENT CIVIL SERVICE COMPETITIVE BIDDING CONSOLIDATED FINANCIAL STATEMENTS CONSTITUTION CONTRACTORS CORPORATE GOVERNANCE CORRUPTION COST ESTIMATES DEBT DECENTRALIZATION DECISION MAKING DECISION MAKING PROCESS DECLARATION OF ASSETS DECREE DECREES DISCRETIONARY POWERS ETHICS EXECUTION EXECUTIVE POWER EXPENDITURE EXPENDITURES FINANCIAL CRISIS FINANCIAL MANAGEMENT FINANCIAL REPORTING FINANCIAL SECTOR FISCAL FOREIGN EXCHANGE FUNDS FLOW GOVERNMENT AGENCIES GOVERNMENT INSTITUTIONS GOVERNMENT OWNERSHIP GOVERNMENT SYSTEMS HUMAN CAPITAL INSTITUTIONAL ANALYSIS INTERNAL AUDIT INTERNAL AUDITING LAWS LEGAL FRAMEWORK LEGISLATION LEGISLATIVE FRAMEWORK LEGISLATIVE OVERSIGHT LEGISLATURE LOBBYING MACROECONOMIC STABILITY MACROECONOMIC STABILIZATION MINISTRY OF FINANCE MUNICIPALITIES NATIONS OPERATING COSTS PARTNERSHIP PRESIDENCY PUBLIC EXPENDITURE PUBLIC OFFICIALS PUBLIC PROCUREMENT PUBLIC SECTOR QUALIFICATION REQUIREMENTS REPORTING SYSTEMS REPRESENTATIVES SCHOOLS SENATE SOCIAL PROGRAMS SOCIAL SECTOR TECHNICAL ASSISTANCE TRANSPARENCY
Online Access:	http://documents.worldbank.org/curated/en/2005/04/5851626/dominican-republic-country-fiduciary-assessment-vol-4-5-annexes http://hdl.handle.net/10986/8590

id	okr-10986-8590
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 ACCOUNTING ACCOUNTS ADMINISTRATIVE PROCESS ANTI-CORRUPTION AUDIT REPORTS AUDITING AUDITING STANDARDS AUDITORS AUDITS AUTHORITY AUTHORIZATION AUTONOMY BILLS BUDGET CLASSIFICATION BUDGET CUTS BUDGETING CENTRAL GOVERNMENT CIVIL SERVICE COMPETITIVE BIDDING CONSOLIDATED FINANCIAL STATEMENTS CONSTITUTION CONTRACTORS CORPORATE GOVERNANCE CORRUPTION COST ESTIMATES DEBT DECENTRALIZATION DECISION MAKING DECISION MAKING PROCESS DECLARATION OF ASSETS DECREE DECREES DISCRETIONARY POWERS ETHICS EXECUTION EXECUTIVE POWER EXPENDITURE EXPENDITURES FINANCIAL CRISIS FINANCIAL MANAGEMENT FINANCIAL REPORTING FINANCIAL SECTOR FISCAL FOREIGN EXCHANGE FUNDS FLOW GOVERNMENT AGENCIES GOVERNMENT INSTITUTIONS GOVERNMENT OWNERSHIP GOVERNMENT SYSTEMS HUMAN CAPITAL INSTITUTIONAL ANALYSIS INTERNAL AUDIT INTERNAL AUDITING LAWS LEGAL FRAMEWORK LEGISLATION LEGISLATIVE FRAMEWORK LEGISLATIVE OVERSIGHT LEGISLATURE LOBBYING MACROECONOMIC STABILITY MACROECONOMIC STABILIZATION MINISTRY OF FINANCE MUNICIPALITIES NATIONS OPERATING COSTS PARTNERSHIP PRESIDENCY PUBLIC EXPENDITURE PUBLIC OFFICIALS PUBLIC PROCUREMENT PUBLIC SECTOR QUALIFICATION REQUIREMENTS REPORTING SYSTEMS REPRESENTATIVES SCHOOLS SENATE SOCIAL PROGRAMS SOCIAL SECTOR TECHNICAL ASSISTANCE TRANSPARENCY
spellingShingle	ACCOUNT ACCOUNTABILITY ACCOUNTING ACCOUNTS ADMINISTRATIVE PROCESS ANTI-CORRUPTION AUDIT REPORTS AUDITING AUDITING STANDARDS AUDITORS AUDITS AUTHORITY AUTHORIZATION AUTONOMY BILLS BUDGET CLASSIFICATION BUDGET CUTS BUDGETING CENTRAL GOVERNMENT CIVIL SERVICE COMPETITIVE BIDDING CONSOLIDATED FINANCIAL STATEMENTS CONSTITUTION CONTRACTORS CORPORATE GOVERNANCE CORRUPTION COST ESTIMATES DEBT DECENTRALIZATION DECISION MAKING DECISION MAKING PROCESS DECLARATION OF ASSETS DECREE DECREES DISCRETIONARY POWERS ETHICS EXECUTION EXECUTIVE POWER EXPENDITURE EXPENDITURES FINANCIAL CRISIS FINANCIAL MANAGEMENT FINANCIAL REPORTING FINANCIAL SECTOR FISCAL FOREIGN EXCHANGE FUNDS FLOW GOVERNMENT AGENCIES GOVERNMENT INSTITUTIONS GOVERNMENT OWNERSHIP GOVERNMENT SYSTEMS HUMAN CAPITAL INSTITUTIONAL ANALYSIS INTERNAL AUDIT INTERNAL AUDITING LAWS LEGAL FRAMEWORK LEGISLATION LEGISLATIVE FRAMEWORK LEGISLATIVE OVERSIGHT LEGISLATURE LOBBYING MACROECONOMIC STABILITY MACROECONOMIC STABILIZATION MINISTRY OF FINANCE MUNICIPALITIES NATIONS OPERATING COSTS PARTNERSHIP PRESIDENCY PUBLIC EXPENDITURE PUBLIC OFFICIALS PUBLIC PROCUREMENT PUBLIC SECTOR QUALIFICATION REQUIREMENTS REPORTING SYSTEMS REPRESENTATIVES SCHOOLS SENATE SOCIAL PROGRAMS SOCIAL SECTOR TECHNICAL ASSISTANCE TRANSPARENCY World Bank Dominican Republic : Country Fiduciary Assessment, Volume 4, Annexes
geographic_facet	Latin America & Caribbean America Caribbean Dominican Republic
description	The Dominican Republic has made significant strides in deepening democracy during the past decade including the implementation of an important electoral reform. This fiduciary assessment was prepared by the Bank and the Inter-American Development Bank (IDB) as a tool for their coordinated policy dialogue on governance with the country, and as a key input for their respective assistance strategies. Consequently, the report also provides important contributions to both institutions' analytical work on public sector management, and State modernization which will be the basis for developing these strategies jointly with the government. The report was prepared as a composite document summarizing the main procurement, and financial management issues identified by the two banks in the Dominican Republic, within the broader public sector management context. Several short-term actions recommended in Volume II Country Financial Accountability Assessment (CFAA) and Volume III Country Procurement Assessment Report (CPAR Update) address the problems linked to the Government's weak capacity to manage the fiduciary function. Volume I presents key public sector issues relevant for the financial management system, including systemic strengths and weaknesses, the political economy surrounding the State modernization effort, and the obstacles to, and incentives for public financial management reform. It provides a wider context which is useful to assess fiduciary reforms that can be realistically implemented and expected to achieve sustainable results. Volume I also fosters the integration of the main recommendations for broad systemic improvements relevant to the public financial management system. These include reducing discretion within the executive power, improving access to, and quality of information, working more effectively with civil society by tapping into the leading Civil Society Organizations' technical ability and capacity to form strong coalitions, and building upon ongoing reform efforts including, in particular, the Integrated Financial Management Project (SIGEF) supported by the IDB. These broad aspects are recommended as priority areas for reform because their successful implementation would contribute to lowering the systemic risks, and establishing an enabling environment for regulatory, and enforcement bodies to function effectively. Unless such conditions exist, the specific legal, and institutional reforms required to strengthen the procurement and financial management systems, even if implemented, are not likely to have significant impact on the overall quality of public sector management.
format	Economic & Sector Work :: Country Financial Accountability Assessment
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Dominican Republic : Country Fiduciary Assessment, Volume 4, Annexes
title_short	Dominican Republic : Country Fiduciary Assessment, Volume 4, Annexes
title_full	Dominican Republic : Country Fiduciary Assessment, Volume 4, Annexes
title_fullStr	Dominican Republic : Country Fiduciary Assessment, Volume 4, Annexes
title_full_unstemmed	Dominican Republic : Country Fiduciary Assessment, Volume 4, Annexes
title_sort	dominican republic : country fiduciary assessment, volume 4, annexes
publisher	Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2005/04/5851626/dominican-republic-country-fiduciary-assessment-vol-4-5-annexes http://hdl.handle.net/10986/8590
_version_	1764404980762017792
spelling	okr-10986-85902021-04-23T14:02:39Z Dominican Republic : Country Fiduciary Assessment, Volume 4, Annexes World Bank ACCOUNT ACCOUNTABILITY ACCOUNTING ACCOUNTS ADMINISTRATIVE PROCESS ANTI-CORRUPTION AUDIT REPORTS AUDITING AUDITING STANDARDS AUDITORS AUDITS AUTHORITY AUTHORIZATION AUTONOMY BILLS BUDGET CLASSIFICATION BUDGET CUTS BUDGETING CENTRAL GOVERNMENT CIVIL SERVICE COMPETITIVE BIDDING CONSOLIDATED FINANCIAL STATEMENTS CONSTITUTION CONTRACTORS CORPORATE GOVERNANCE CORRUPTION COST ESTIMATES DEBT DECENTRALIZATION DECISION MAKING DECISION MAKING PROCESS DECLARATION OF ASSETS DECREE DECREES DISCRETIONARY POWERS ETHICS EXECUTION EXECUTIVE POWER EXPENDITURE EXPENDITURES FINANCIAL CRISIS FINANCIAL MANAGEMENT FINANCIAL REPORTING FINANCIAL SECTOR FISCAL FOREIGN EXCHANGE FUNDS FLOW GOVERNMENT AGENCIES GOVERNMENT INSTITUTIONS GOVERNMENT OWNERSHIP GOVERNMENT SYSTEMS HUMAN CAPITAL INSTITUTIONAL ANALYSIS INTERNAL AUDIT INTERNAL AUDITING LAWS LEGAL FRAMEWORK LEGISLATION LEGISLATIVE FRAMEWORK LEGISLATIVE OVERSIGHT LEGISLATURE LOBBYING MACROECONOMIC STABILITY MACROECONOMIC STABILIZATION MINISTRY OF FINANCE MUNICIPALITIES NATIONS OPERATING COSTS PARTNERSHIP PRESIDENCY PUBLIC EXPENDITURE PUBLIC OFFICIALS PUBLIC PROCUREMENT PUBLIC SECTOR QUALIFICATION REQUIREMENTS REPORTING SYSTEMS REPRESENTATIVES SCHOOLS SENATE SOCIAL PROGRAMS SOCIAL SECTOR TECHNICAL ASSISTANCE TRANSPARENCY The Dominican Republic has made significant strides in deepening democracy during the past decade including the implementation of an important electoral reform. This fiduciary assessment was prepared by the Bank and the Inter-American Development Bank (IDB) as a tool for their coordinated policy dialogue on governance with the country, and as a key input for their respective assistance strategies. Consequently, the report also provides important contributions to both institutions' analytical work on public sector management, and State modernization which will be the basis for developing these strategies jointly with the government. The report was prepared as a composite document summarizing the main procurement, and financial management issues identified by the two banks in the Dominican Republic, within the broader public sector management context. Several short-term actions recommended in Volume II Country Financial Accountability Assessment (CFAA) and Volume III Country Procurement Assessment Report (CPAR Update) address the problems linked to the Government's weak capacity to manage the fiduciary function. Volume I presents key public sector issues relevant for the financial management system, including systemic strengths and weaknesses, the political economy surrounding the State modernization effort, and the obstacles to, and incentives for public financial management reform. It provides a wider context which is useful to assess fiduciary reforms that can be realistically implemented and expected to achieve sustainable results. Volume I also fosters the integration of the main recommendations for broad systemic improvements relevant to the public financial management system. These include reducing discretion within the executive power, improving access to, and quality of information, working more effectively with civil society by tapping into the leading Civil Society Organizations' technical ability and capacity to form strong coalitions, and building upon ongoing reform efforts including, in particular, the Integrated Financial Management Project (SIGEF) supported by the IDB. These broad aspects are recommended as priority areas for reform because their successful implementation would contribute to lowering the systemic risks, and establishing an enabling environment for regulatory, and enforcement bodies to function effectively. Unless such conditions exist, the specific legal, and institutional reforms required to strengthen the procurement and financial management systems, even if implemented, are not likely to have significant impact on the overall quality of public sector management. 2012-06-20T20:57:52Z 2012-06-20T20:57:52Z 2005-04 http://documents.worldbank.org/curated/en/2005/04/5851626/dominican-republic-country-fiduciary-assessment-vol-4-5-annexes http://hdl.handle.net/10986/8590 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Country Financial Accountability Assessment Economic & Sector Work Latin America & Caribbean America Caribbean Dominican Republic

Dominican Republic : Country Fiduciary Assessment, Volume 4, Annexes

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