Democratic Republic of São Tomé and Príncipe : Country Integrated Fiduciary Assessment, Volume 3. Country Procurement Assessment

This Integrated Fiduciary Assessment is the first of its kind for Sao Tome and Principe. It combines the analysis and policy recommendations from a public expenditure review (PER), a country financial accountability assessment (CFAA), and a country procurement assessment review (CPAR). The goal of the report is to identify the major challenges facing the country in the prepetroleum era (the next three to five years) in public finance management (including public enterprises) as it attempts to implement its National Poverty Reduction Strategy (NPRS) with a tight resource envelope. This executive summary presents recent economic developments and fiscal sustainability analysis that takes into account petroleum and no-petroleum scenarios, with corresponding analysis on which of the Millennium Development Goals (MDGs) are reachable. The summary reports on revenue and expenditure performance since 2000-01, issues related to the implementation of the public investment program (PIP) and its coordination with the NPRS, and the budget process, including findings from the Health PER, which highlights a lack of allocative efficiency. The summary reports on the financial fragility of state-owned enterprises (SOEs) and the possible fiscal consequences for the central budget, especially regarding the implicit subsidies and tax breaks to (and the hypothetical tariff increases of) the electricity and water company. The summary of reports on the status of the public finance management system (budget preparation, execution, control, governance, and human resources) and the reform process that may address many of the concerns it rises. Finally, the summary presents the findings related to the procurement process, including the legislative and regulatory framework, institutional framework and management capacity, procurement operations and market practices, and integrity and transparency of the system.

Bibliographic Details

Main Author:	World Bank
Language:	English en_US
Published:	Washington, DC 2007-06
Subjects:	ACCESS TO INFORMATION, ACCOUNTABILITIES, ACCOUNTABILITY, ACTION PLAN, ADVERTISEMENT, ADVERTISING, ANTICORRUPTION, ANTICORRUPTION MEASURES, ASSETS, AUDITORS, BANK PROCUREMENT, BANKS, BID EVALUATION, BID OPENING, BIDDER, BIDDERS, BIDS, BROADCAST, BUDGET ALLOCATION, BUDGET EXPENDITURES, BUDGETARY ALLOCATION, BUSINESS OPPORTUNITIES, CAPABILITY, CAPACITY BUILDING, CASH FLOWS, CIVIL SOCIETY, CIVIL WORKS, COMMERCE, COMPETITIVE MARKET, COMPETITIVENESS, COMPLAINT, COMPLAINTS, CONCESSIONS, CONFIDENCE, CONFLICT OF INTERESTS, CONSULTING SERVICES, CONTRACT ADMINISTRATION, CONTRACT AWARD, CONTRACT AWARD DECISION, CONTRACT AWARDS, CONTRACT EXECUTION, CONTRACT MANAGEMENT, CONTRACT NEGOTIATIONS, CONTRACT PRICE, CONTRACTORS, CONTROL FRAMEWORK, CONTROL MECHANISMS, CONTROL SYSTEM, CONTROL SYSTEMS, CORRUPT, CORRUPT PRACTICES, CORRUPTION, COUNTRY PROCUREMENT ASSESSMENT, CUSTOMS, DEBT, DEBT REDUCTION, DISCRETION, DISPUTE RESOLUTION, DISPUTE RESOLUTIONS, ETHICS, EVALUATION CRITERIA, EVALUATION PROCESS, EVALUATION REPORTS, EXTERNAL AUDIT, EXTERNAL AUDITING, FINANCE MANAGEMENT, FINANCIAL ADMINISTRATION, FINANCIAL INFORMATION, FINANCIAL MANAGEMENT, FINANCIAL MANAGEMENT SYSTEM, FINANCIAL MANAGEMENT SYSTEMS, FINANCIAL RESOURCES, FOREIGN BIDDERS, FOREIGN COMPANIES, FRAUD, FUNCTIONALITY, GOOD GOVERNANCE, GOVERNANCE STRUCTURES, GOVERNANCE SYSTEM, GOVERNANCE SYSTEMS, GOVERNMENT ENTITIES, GOVERNMENT EXPENDITURE, GOVERNMENT OFFICIAL, GOVERNMENT OFFICIALS, GOVERNMENT PROCUREMENT, HARMONIZATION, HUMAN RESOURCE, HUMAN RESOURCE DEVELOPMENT, HUMAN RESOURCES, ID, IMPLEMENTING AGENCY, INFORMATION SYSTEM, INFORMATION TECHNOLOGY, INITIATIVE, INSPECTION, INSTITUTIONAL CAPACITY, INSTITUTIONAL FRAMEWORK, INTEGRITY, INTERNATIONAL BIDDERS, INTERNATIONAL COMPETITION, INTERNATIONAL STANDARDS, JUDICIAL REVIEW, JUDICIAL SYSTEM, JUDICIARY, JUSTICE, LAWS, LEADERSHIP, LEGAL FRAMEWORK, LEGAL POWER, LEGISLATIVE FRAMEWORK, LOCAL BIDDERS, MANDATE, MARKET PRICES, MARKETING, MATERIAL, MEDIA, MEDIUM ENTERPRISES, MINISTER, MINISTERS, NATIONAL BUDGET, NATIONAL LAW, NATIONAL PROCUREMENT, NATIONAL PROCUREMENT SYSTEM, NATIONAL PROCUREMENT SYSTEMS, OFFICIAL GAZETTE, OPEN COMPETITIVE BIDDING, PENALTIES, PRIVATE SECTOR, PRIVATE SECTORS, PROCUREMENT, PROCUREMENT ACTIONS, PROCUREMENT ACTIVITIES, PROCUREMENT CAPACITY, PROCUREMENT DECISIONS, PROCUREMENT ENTITY, PROCUREMENT ENVIRONMENT, PROCUREMENT GUIDELINES, PROCUREMENT LAW, PROCUREMENT LEGISLATION, PROCUREMENT METHODS, PROCUREMENT OFFICERS, PROCUREMENT OFFICIALS, PROCUREMENT OPERATIONS, PROCUREMENT OPPORTUNITIES, PROCUREMENT PLANNING, PROCUREMENT PRACTICES, PROCUREMENT PROCEDURES, PROCUREMENT PROCESS, PROCUREMENT PROCESSES, PROCUREMENT REFORM, PROCUREMENT REGULATIONS, PROCUREMENT REQUIREMENTS, PROCUREMENT RULES, PROCUREMENT SPECIALIST, PROCUREMENT STAFF, PROCUREMENT SYSTEMS, PROCUREMENT TRAINING, PROCUREMENT TRANSACTIONS, PROCUREMENT VOLUME, PROCUREMENTS, PROCURING ENTITY, PROFESSIONAL STAFF, PROJECT MANAGEMENT, PUBLIC, PUBLIC ADMINISTRATION, PUBLIC BID OPENING, PUBLIC FUNDS, PUBLIC INVESTMENT, PUBLIC OFFICIALS, PUBLIC PROCUREMENT, PUBLIC PROCUREMENT DEPARTMENT, PUBLIC PROCUREMENT MARKET, PUBLIC PROCUREMENT OPERATIONS, PUBLIC PROCUREMENT SYSTEM, PUBLIC SECTOR PROCUREMENT, PUBLIC WORKS, QUALIFIED FOREIGN FIRMS, QUALIFIED SUPPLIERS, QUALITY CONTROL, RADIO, RECORD KEEPING, RECURRENT COSTS, REGISTRIES, REGISTRY, REGULATORY FRAMEWORK, REGULATORY REQUIREMENT, REGULATORY REQUIREMENTS, REMEDIES, REMEDY, REQUESTS FOR PROPOSALS, RESULT, RESULTS, SENSITIVE INFORMATION, SERVICE DELIVERY, SOLICITATION, STANDARD BIDDING, STANDARD BIDDING DOCUMENTS, STANDARD PROCUREMENT, SUPERVISION, SUPPLIERS, TARGETS, TAX REVENUES, TECHNICAL SPECIFICATIONS, TELEVISION, TENDER NOTICES, TENDERS, TIME FRAMES, TRANSACTION, TRANSPARENCY, VERIFICATION, WEB, WEB SITE,
Online Access:	http://documents.worldbank.org/curated/en/2007/06/9823639/democratic-republic-sao-tome-principe-country-integrated-fiduciary-assessment-vol-3-4 https://hdl.handle.net/10986/7729
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