PUBLIC FINANCE MANAGEMENT ENHANCEMENT PROJECT BRIEF

The Public Finance Management Enhancement Project (PFMEP) that is spearheading expansion reforms on the current PFMS system under Component 1 has achieved some major milestones to date. The Government of Zimbabwe is implementing the PFMEP project with support from Donor partners. The project commenced in June 2016 and with an original deadline of 31 March 2020. However, due to some delays in other critical deliverables and scope magnitude, the Government of Zimbabwe and the Donor Partners are considering extending the Project to the end of December 2020. This will allow for the completion and commissioning of all outstanding deliverables.

The main components under the expansion project (PFMEP) include the following:

 SAP Business Planning and Consolidation (BPC)-for Budgeting and Consolidation of accounts

  • Business Intelligence (BI)-query running and reports
  • Web Portal (WP)- Budgeting and Consolidation of accounts
  • PFMS Kiosk decentralization to sixty three districts (63 kiosks)
  • Inclusion of Statutory Funds on PFMS
  • Inclusion of Donor funds through PFMS using Grants Management module
  • Linking the Accounting system (PFMS) with the Debt Management Financial Analysis System (DMFAS) to enable more efficiency and transparency in Public Debt Management
  • Linking the Accounting system (PFMS) with other critical government systems at agencies like ZIMRA, RBZ to allow for more information sharing.
  • Creation of state of the art Data Centres and installation of modern ICT equipment in the Data Centres and District Kiosks.

 Notable accomplishments for the project to date include the following:

  • Completion of the interface/link between the ZIMRA and the PFMS systems.
  • Development of fifty seven (57) Business Intelligence (Analytical) Reports
  • Usage of the Accounting system (PFMS) at forty (40) statutory funds
  • Decentralization of the Accounting system (PFMS) to six (6) district offices under the pilot phase
  • Completion of equipment installations for Phase One (Fifteen district level Kiosks)
  • Completion of Web-Portal configuration that will facilitate usage of both old and new PFMS functionalities at Kiosk/District level.
  • Completion of Three (3) Grants configuration and training to allow for consumption and usage of these grants by the respective User Departments.
  • The configuration of the BPC component is now at an advanced stage
  • Completion of modernisation of data centre

 

In Conclusion, the successful implementation of the PFMEP will improve efficiency and transparency in the utilization of public funds.

MINISTRY OF FINANCE AND ECONOMIC DEVELOPMENT IN PARTNERSHIP WITH THE ZIMBABWE RECONSTRUCTION FUND

19 MARCH 2020