Public Financial Management Improvement Programme (PFMIP).Multi Donor Trust Fund (MDTF) supporting Strengthening Public Expenditure Management Programme (SPEMP)






Public Financial Management Improvement Programme (PFMIP).

Multi Donor Trust Fund (MDTF) supporting Strengthening Public Expenditure Management Programme (SPEMP)

The program provides a unique window of opportunity to strengthen Bangladesh’s PFM systems and institutions through supporting the implementation of PFM Action Plan (2018-23). The objective and activities of the program is highly relevant to the government’s strategic priorities and goals. It is contributing to a more efficient public expenditure management system with increased transparency and accountability to citizens, which will ultimately lead to the goal of an “Effective Public Expenditure Management System”.


From 1/1/2009 to 31/12/2021

Budget (Euro)

Total cost : EUR 90,200,000.00 (USD 106.97 Million), EU contribution EUR  15,000,000.00


Bangladesh (country wide)

Implementing Organization (s)

International Bank for Reconstruction and Development (Fund Management)

2009-2016: Ministry of Finance (MoF), Comptroller and Auditor General Office (OCAG), National Parliament

2017-2021: Ministry of Finance (MoF) (Lead agency), National Board of Revenue (NBR), Comptroller and Auditor General Office(OCAG), Cabinet Division (CD)


Outcome (Specific Objectives) and Outputs (Expected results)


The overall objective is to deliver an effective Public Expenditure Management system that facilitates the delivery of better public services to improve the lives of the people of Bangladesh. The programme is delivered under a World Bank-administered Multi-Donor Trust Fund (MDTF).

The current specific objectives are: a) support immediate advisory and technical assistance needs of the Finance Division relating to iBAS++ roll-out and BACS implementation; (b) support the Government of Bangladesh (GoB) in finalizing a PFM Action Plan and related Change Management for the implementation of the PFM Strategy.; and (c) supplement implementation of the PFM Action Plan with high quality advice, technical assistance, and knowledge exchange. 

Target group(s)

Different sector ministries, agencies, divisions and local level offices of the GoB

Final beneficiaries

The whole population of Bangladesh