Press release

Linpico signed a contract with the Ministry of Finance of the Kyrgyz Republic, on the 11th of May, 2021, to implement Technical Assistance to the Ministry of Finance in Strengthening Budget Planning, Coordination, Execution and Transparency.  This project is under the umbrella of The Second Capacity Building for Public Finance Management Project (CBPFM-2) funded by the Multi Donor Trust Fund (MDTF) administered by the World Bank. The duration of the project is 8 months.

The objectives of this assignment are to provide the MoF with the following consulting services:

a) upgrade the existing econometric FP model to enable better forecasting of budget revenues and expenditures in the medium and longer run;

b) further improve intergovernmental fiscal relation mechanisms;

c) improve procedures and practices for cash planning, liquidity management, and control of budget commitments in line with good international practice;

d) prepare an updated Public Debt Management Strategy and develop functional requirements and software for public debt management (accounting);

e) develop regulatory and methodological documents on IPSAS and improve regulatory documents guiding MoF position and role in the Public Finance Management.