Second Road Improvement (Sector) Project

Imprest accounts. The project received financing from various sources at different time intervals through grant agreements 0175, 0176, 0177, 0207, 0210 and recipient's contribution through government annual budget and the NTF (National Transport Fund). The disbursement of funds was carried out through direct payment and reimbursement procedures by maintaining three first generation and five second generation accounts. Even though PMCBU (project management and capacity building unit) managed these accounts satisfactorily, substantial delay occurred at the end of the project due to cumbersome nature in reconciling and winding up the accounts.