The objective of the Public Sector Strengthening Project for Guinea-Bissau is to assist the Government to re-establish basic systems for public financial management. There are three components to the project, the first component being performance, control and transparency of the public revenues. This component will support the Recipient is to progressively improve its technical capacity to handle revenue processes through adequate procedural and control systems to increase tax and customs revenue collection, as well as the efficiency, effectiveness and transparency of revenue administration. This component includes three sub-components: technical assistance to tax collection; technical assistance to customs administration; and treasury single account. Finally, the second component is the expenditure control, procurement, accounting and reporting. This component will support the recipient to strengthen controls needed for fiscal discipline and promote transparency and accountability in public expenditures. Finally, the third component is the public financial management reform coordination and project management. This component will support the recipient to implement a mechanism for a structured approach to public financial management reform and institutional capacity strengthening.
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