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Cambodia: "Reduction Of Fiduciary Risks In World Bank-Funded Projects In Cambodia" study completed.

Publication: M2 Presswire
Publication Date: 31-MAR-05
Format: Online - approximately 1026 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 March 2005-WORLD BANK: Cambodia: "Reduction Of Fiduciary Risks In World Bank-Funded Projects In Cambodia" study completed(C)1994-2005 M2 COMMUNICATIONS LTD

RDATE:29032005

PHNOM PENH - The Royal Government of Cambodia and the World Bank announced today the completion a...

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...of the study "Reduction of Fiduciary Risks under World Bank funded projects in Cambodia". The first phase of the study was announced in June 2004, and the second phase was announced in September 2004.

The Fiduciary Review is proactive instrument used to identify which stages of the project cycle may be vulnerable to fraud or corruption and to propose specific measures to minimize it. The Review contributes to the World Bank's overall anti-corruption strategy in Cambodia and complements the work done through the Integrated Fiduciary Assessment and Public Expenditure Review (IFAPER) and the Country Procurement Assessment Report (CPAR), both of which focus on strengthening the public expenditure and procurement system.

"The study is part...

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