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Project details

World Bank Trust Fund Strengthening Accountability and Fiduciary Environment (SAFE) in Public Financial Management

Type of entry Project
Date (start - end) 01.01.2010 - 31.01.2017
Scheduled status Completed
Areas of intervention
Sectors 15111 - Public finance management
Locations Albania
Bosnia and Herzegovina
Republic of North Macedonia
Moldova
Serbia
Turkey
Kosovo*
Montenegro
Donors State Secretariat for Economic Affairs (SECO)

State Secretariat for Economic Affairs (SECO)

Holzikofenweg 36
CH-3003 Bern
Switzerland

0041 58 462 56 56

switzerland@enigma.ba

www.seco.admin.ch

European Commission

European Commission

LOI 15, 03/086
1000 - 129 Brussels
Belgium

+ 800 6 7 8 9 10 11

info@europa.eu

www.ec.europa.eu

Implementers World Bank Group
Beneficiaries Albania
Bosnia and Herzegovina
Kosovo*
Moldova
Montenegro
Serbia
Republic of North Macedonia
Turkey
Description Strengthening the quality of Public Financial Management (PFM) responds to the widely shared concern that many governments in transition countries are not spending their financial resources as effectively and transparently as they should, and that institutional controls on public expenditures are weak. The Strengthening Accountability and Fiduciary Environment Initiative (SAFE) is targeted to promote PFM accountability and reducing fiduciary risk in a systematic way to advance the reform in the ECA (Europe and Central Asia) region.

Project budget

Currency: USD

Type of assistance:


Total 6.213.803,21
State Secretariat for Economic Affairs (SECO) 2.090.000,00
European Commission 4.123.803,21

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* This designation is without prejudice to positions on status, and is in line with UNSCR 1244 and the ICJ Opinion on the Kosovo declaration of independence