Jul 16, 2026: From Weeks to Minutes
PORT-AU-PRINCE, Haiti: Monitoring a multimillion-dollar development project is rarely straightforward. In fragile settings, such as Haiti, where field access is often limited and reliable information can be difficult to obtain, it has been particularly challenging. A digital financial management tool [MM1.1]is now helping to change that.
From Distance to Visibility
Since February 2026, FundsChain has been connected to three development projects in Haiti, including a key agricultural initiative. The platform gives financial management specialists something they rarely had before: real, up-to-date financial information at their fingertips. Not summaries or approximations, but live data, available the moment they log in.
Rather than waiting weeks for periodic financial reports, teams can now explore transactions in real time, seeing when funds were received, how they were used, who was paid, and for what purpose. Behind each transaction, the original invoices are immediately accessible[MM2.1], enabling source-document verification without lengthy email exchanges or phone calls.
Every Number Has a Story
What FundsChain changes is not just the speed of information; it is the depth of it. With just a few clicks, a payment to a supplier can be traced back to its source document. A transfer to beneficiaries can be confirmed. Every transaction becomes a story. Every number has context.
This level of visibility transforms the nature of project oversight. Instead of asking "What happened last quarter?" based on historical data, teams can now ask "What’s happening right now?" Small inconsistencies can be spotted early. Potential delays can be identified before they escalate, and corrective actions can be taken promptly to keep projects on track.
There is another effect that is harder to measure but equally important: accountability. When all parties know that data is visible, verifiable, and immediate, the quality and completeness of that data improve. Transparency creates its own incentive.
Assurance in Fragile Environments
In settings like Haiti, where environmental catastrophes and civil unrest have repeatedly put physical records at risk, the reliability of digital documentation is not a convenience, it is a necessity. FundsChain consolidates financial data and supporting documents on a single, secure platform, ensuring that information remains safe and accessible regardless of what happens on the ground. This is what makes the tool particularly valuable in fragile and conflict-affected contexts. The system does not just capture data; it preserves it, organizes it, and makes it available to the right people at the right time.
From Weeks to Minutes
What once required weeks of back-and-forth can now be done in minutes. Source-document verification that once meant days of emails now takes a single login. What once depended on physical presence can now happen remotely. And what once felt uncertain can now be seen clearly.
FundsChain is not just changing how reports are prepared. It is changing how projects are monitored, and in doing so, it is building trust in development, one transaction at a time.
Jul 02, 2026: FundsChain Evolution Pilot
Ethiopia has become the first country globally to go live with a pilot of FundsChain Evolution (2.0), marking a key milestone in the platform's development. A pilot launch ceremony held in Addis Ababa officially inaugurated the six-month pilot, led by the National ID Program (NIDP), with the Inspirer project also part of the rollout.
The launch included a week-long series of in-person workshops from June 16 to 23, 2026, bringing together government counterparts, local banking partners, and World Bank Group (WBG) teams to support rollout and operational readiness. These sessions focused on introducing the vision, new platform capabilities, aligning our implementation approach, and preparing for pilot operations in a live country context.
Recognized with the inaugural WBG President’s Innovation Award, FundsChain Evolution takes us beyond tracking funds to actively orchestrating how funds move end-to-end, through programmable, purpose-bound money. By embedding compliance rules directly into payment flows, we can ensure that funds are only used for their intended purpose, reaching the right people, at the right time.
(Dr. Mesfin Belachew Tefera, Project Management Unit coordinator for Ethiopia Digital ID Project, received a launch certificate for the NIDP FC Evolution launch during the event)
"Going live in Ethiopia is the result of many months of dedication and hard work," said Thomas Puschnik, Solutions and Transformation Manager with the WBG Controllers unit. "The pilot is a real opportunity for us to learn, keep refining the platform, and inform how we approach scaling. I am very excited about what lies ahead."
The go-live reflects months of preparation and strong collaboration across the WBG teams for Ethiopia, the Government of Ethiopia, project implementation unit (PIU) staff for the NIDP and Inspirer projects, and the FundsChain program team. Ethiopia was selected as the first pilot country given its government collaboration and operational readiness. NIDP provides an established implementation environment with multiple stakeholders, making it a suitable context for assessing platform performance at scale.
The Evolution pilot builds on the existing FundsChain platform (1.0), which has expanded to over 300 projects in over 90 countries across all regions and continues to scale. The pilot represents the next stage in this progression, strengthening implementation oversight and governance to ensure funds are used for their intended purposes in complex operational environments.
Over the next six months, implementation teams will focus on assessing platform performance, refining workflows, and capturing lessons to guide future adoption. Building on Ethiopia's launch, the pilot is already extending to El Salvador, marking the next step in a carefully sequenced expansion to a limited set of pilot countries.
Mar 18, 2026: FundsChain Takes Off in the Caribbean
FundsChain continues to scale across the Caribbean, with Guyana and Suriname reaching important milestones in country onboarding and portfolio coverage. This progress reflects strong collaboration between country counterparts and World Bank teams, supported by effective coordination and leadership at the country level.
Between March 9–13, 2026, World Bank specialists worked closely with project teams in Guyana and Suriname to provide handson training. The sessions focused on using FundsChain in daytoday project financial management, enhancing transparency and accountability, and supporting longterm adoption.
Guyana emerged as a regional frontrunner, onboarding 4 of 5 World Bank–funded projects, representing 80% of its active portfolio. This makes Guyana the first country in the Latin America and Caribbean region to implement FundsChain at scale. The onboarding process was marked by active participation from government auditors and Ministry counterparts, enriching discussions on controls, documentation, and fiduciary oversight. Training sessions emphasized practical use of FundsChain for everyday financial management, anchoring the platform in a realistic Annual Operational Plan (AOP) and using planned versus executed activities to strengthen monitoring, forecasting, and timely disbursements.
Suriname became the third Caribbean country to launch FundsChain, onboarding a project that represents approximately 30% of its World Bank–funded portfolio. The rollout was supported through collaborative sessions that brought together project teams, auditors, and Ministry counterparts to align on system requirements, oversight expectations, and change management. These discussions underscored FundsChain’s role in supporting project planning, execution, and cash forecasting highlighting its value as a practical management tool beyond compliance and reporting.
What This Means for the Caribbean
The experiences in Guyana and Suriname demonstrate how strong institutional collaboration, combined with practical operational planning, can create a scalable and replicable model for the region. These early results show how digital financial management tools like FundsChain can strengthen country systems, enhance fiduciary confidence, and support more timely and predictable disbursements. As additional Caribbean Island states move toward adoption, these implementations provide a solid foundation for peer learning and accelerated rollout, supporting broader efforts to modernize public financial management across the region.
Feb 11, 2026: Haiti: Building Trust Through Digital Fund Tracking
A turning point for financial transparency
Between January 27 and 30, 2026, Haiti’s portfolio of World Bank–financed projects marked an important milestone in strengthening financial management capacity while advancing digital innovation. Over four intensive days, project teams operating in a fragile and challenging context participated in a hands-on training program focused on improving how public funds are planned, tracked, and reported.
More than 40 participants joined the workshop, both in person and virtually, united by a shared goal: strengthening transparency, accountability, and trust in the management of development financing in Haiti.
Reinforcing strong fiduciary foundations
The first phase of the training focused on core financial management principles that underpin sound project implementation. Through practical examples and applied exercises, participants examined how ineligible expenditures arise and how they can be prevented through careful review of financing agreements, robust documentation, and proactive internal controls.
Sessions covered the full project budgeting cycle, from annual planning and execution to monitoring and variance analysis, while openly addressing common operational challenges. These included payroll management, mission advances, procurement processes, archiving practices, and inventory control. Participants also worked through scenarios related to asset reconciliation, maintenance of reliable registers, and project closing and grace period requirements, highlighting the fiduciary risks associated with late submissions and delayed expenditures. By grounding discussions in real project experiences, the training strengthened teams’ ability to identify risks early and apply practical solutions in complex operating environments.
Advancing digital traceability with FundsChain
The second component of the workshop introduced FundsChain, the World Bank’s digital platform designed to enhance financial tracking and transparency across project lifecycles.
In Haiti’s operational context, where manual processes, fragmented recordkeeping, and connectivity constraints often complicate oversight, digital fund tracking represents a significant step forward. FundsChain enables more reliable, automated, and near realtime visibility of financial flows, helping project teams move beyond paper based systems
Participants gained practical experience using the platform to enhance financial transparency, learning how digital tools can improve accuracy, speed up reporting, and make transactions fully traceable. The training supported the onboarding of four pilot projects, selected to demonstrate how digital fund tracking can strengthen accountability in fragile and conflict affected settings.
For many participants, the benefits were immediately clear. As one accountant noted:
“With this platform, the flow of money becomes visible and trackable.”
Collaboration that delivers lasting impact
A defining feature of the workshop was the close collaboration between financial management and finance operations teams. By combining strong fiduciary fundamentals with practical digital solutions, the training addressed not only technical requirements but also the day-to-day realities faced by project teams on the ground.
This integrated approach is expected to reduce fiduciary risks, improve the quality and timeliness of financial reporting, strengthen audit readiness, and support a more resilient financial management environment adapted to Haiti’s context. Importantly, lessons on budgeting and supporting documentation were immediately applied during the digital onboarding exercises, reinforcing learning through practice.
Building trust through capacity and technology
As Haiti continues efforts to strengthen governance and improve project performance, one message from the workshop stands out: capacity building and digital transformation must go hand in hand.
By investing in skills, embracing digital tools, and sharing knowledge across project teams, Haiti’s portfolio is laying the groundwork for stronger fiduciary discipline and greater transparency. These efforts contribute not only to more effective project implementation, but also to rebuilding trust, one transaction, one process, and one project at a time.
Feb 09, 2026: Brazil Joins FundsChain Ecosystem
FundsChain has officially launched in Brazil, marking a significant milestone as three development projects in the state of Piauí successfully completed their onboarding on February 4–5. This achievement strengthens Brazil’s efforts to modernize public financial management and adopt transparent, digital systems.
During the mission, project teams received hands-on guidance to align technical and operational processes with FundsChain’s blockchain-enabled platform. Coordinated support helped ensure that onboarding was smooth and responsive to the needs of all participating projects.
A major highlight was the strong engagement from the Project Implementation Unit teams, who showed readiness to adopt new tools, openness to technical dialogue, and a strong sense of shared responsibility. Their active participation played a crucial role in anchoring FundsChain within the local operating environment.
The onboarding followed a hybrid approach that combined in-person engagement with remote technical expertise, ensuring real-time support and efficient problem-solving while maintaining coordination with global specialists.
With Brazil now part of the FundsChain ecosystem, this launch reinforces the World Bank’s commitment to advancing transparency, accountability, and efficiency in the use of development resources through digital innovation. The successful rollout in Piauí demonstrates how modern financial technologies can strengthen both project implementation and development outcomes.
Nov 27, 2025: FundsChain in Colombia
FundsChain is now live in Colombia, with the Colombia: Partnership for Market Implementation Facility project officially onboarded. This marks the first project in the country to use FundsChain’s blockchain-enabled platform, delivering greater transparency, near real-time visibility, and stronger accountability in how development funds are managed and tracked.
Preparations began on November 18, 2025, followed by launch events on November 26–27, 2025 where participants explored how the platform helps:
- Trace funds from source to results in near real time
- Reduce manual processes and reporting delays
- Provide clear, auditable records that build public trust
- Improve oversight ensuring projects deliver measurable outcomes
The onboarding process enabled the project team to set up and begin using the system right away. World Bank Group staff provide ongoing support through refresher sessions, just-in-time desk resources, and guidance on optimal platform use and recommended best practices throughout the user journey.
By deploying blockchain technology through FundsChain, the World Bank Group is helping make public funding more transparent and reliable so communities in Colombia, and around the world, can see where money goes, how it is used, and what impact it delivers.
Nov 06, 2025: AFP Pinnacle Awards Finalist
FundsChain has been recognized as one of the top three finalists at the Association for Financial Professionals (AFP) Pinnacle Awards, alongside Stanford and American Airlines. While Stanford received the final prize, this achievement highlights the innovation and impact FundsChain is driving in the treasury and finance space.
The AFP Pinnacle Awards honor organizations that demonstrate excellence and leadership in financial management. Being named a finalist is a significant milestone for FundsChain, showcasing our dedication to delivering cutting-edge solutions that address the evolving needs of the industry.
We invite you to watch the AFP Pinnacle Awards Finalists video to learn more about this recognition and the inspiring work of all finalists.
Oct 23, 2025: FundsChain Implementation
Bangladesh was one of the first countries selected for the FundsChain pilot. Resilience, Entrepreneurship and Livelihood Improvement (RELI) and Sustainable Microenterprise and Resilient Transformation Projects, the two projects selected for the pilot have been using FundsChain for more than a year now. With project implementation occurring at village level, this served as a real test for FundsChain. Encouraged by these results, the World Bank proceeded to roll out FundsChain, a blockchain-based platform, across six projects in Bangladesh. This innovative platform is designed to enhance transparency, traceability, and efficiency in project reporting and financial management. The implementation spans nine loans managed by nine Project Implementation Units (PIUs), with training sessions conducted to ensure effective adoption. Some projects have already begun recording transactions, marking a significant milestone in digital transformation.
Key Highlights of the Rollout
Engagement with Finance Division (FD), Ministry of Finance:
The World Bank team engaged with officials from the FD - Integrated Banking Automation System (IBAS) Wing to showcase the platform's features and identify opportunities for synergy with the iBAS-Special Account Management Portal (SAMP). The discussions centered on leveraging SAMP's payment flow functionalities alongside FundsChain's advanced reporting capabilities. As part of these deliberations, the FD and World Bank teams agreed to pilot the use of SAMP and FundsChain in the Accelerating and Strengthening Skills for Economic Transformation (ASSET) Project to synergize the benefits for project implementation.
They also shared details of Phase II of the FundsChain rollout, which is set to extend the platform’s adoption across additional government entities later in the fiscal year.
Collaboration with Foreign Aided Projects Audit Directorate (FAPAD):
FAPAD, responsible for auditing donor-funded projects, was introduced to FundsChain through a detailed demonstration. The Director General, Mr. Nurul Islam, expressed interest in leveraging the platform for auditing Bank-financed projects, particularly those with regional and village-level implementation arrangements. He also requested the inclusion of fixed asset reports as part of the platform, which would be helpful during audits. The World Bank team committed to providing platform access to FAPAD officials as the next step.
Enhancing Digital Government and Economy Project:
As part of this initiative, Research and Innovation Grants are being provided to public universities. The grant payment process has commenced, and training sessions have been conducted for universities on using FundsChain for expenditure reporting and traceability. The Bangladesh Computer Council and eight universities actively participated in these sessions.
Jun 23, 2025: Ethiopia Embraces FundsChain
We are excited to announce the successful launch of the World Bank's FundsChain initiative in Ethiopia, marking a significant advancement in global development. FundsChain, a pioneering platform utilizing blockchain technology, is designed to enhance transparency and accountability in development projects. The recent onboarding of two major projects represents a crucial milestone in our mission.
The Horn of Africa Initiative: Regional Economic Corridor Project (Addis-Djibouti Corridor) and the Power Sector Reform, Investment, and Modernization in Ethiopia (PRIME-1) have been successfully integrated into FundsChain. This rollout signifies the completion of the Pilot Phase, underscoring the World Bank's commitment to leveraging blockchain technology for global development, particularly in enhancing transparency and accountability in emergency preparedness and recovery efforts.
Furthermore, as new projects have been identified for future rollout in Ethiopia, Financial Management Specialists (FMSs) and Project Implementation Units (PIUs) involved in these prospective initiatives joined the initiative. Their participation received strong endorsements from the Ministry of Finance.
The Ethiopia projects, both infrastructure and energy efficiency initiatives, are poised to significantly impact the region's economic development and promote sustainable energy practices. By integrating these projects into the FundsChain platform, we are broadening the scope of FundsChain to support diverse project types and address the complexities of project integration.
May 20, 2025: FundsChain Expansion - Mauritius, Madagascar, and Comoros Drive Global Development and Transparency
Comoros is the latest country to join the World Bank's FundsChain initiative, a significant component of the Regional Emergency Preparedness & Access to Inclusive Recovery (REPAIR) project. This initiative represents a major step forward in the World Bank's mission to utilize blockchain technology for global development, with a focus on enhancing transparency and accountability in emergency preparedness and recovery efforts.
The FundsChain initiative has already seen successful launches in Mauritius and Madagascar, each contributing to the platform's regional impact:
Mauritius has demonstrated the potential of blockchain technology to streamline resource management and enhance transparency in development projects. The initiative has garnered support from key stakeholders, including ARC Limited, underscoring its innovative capabilities.
Following Mauritius, Madagascar joined the initiative with strong endorsements from its Ministry of Finance, auditors, and delivery channels. The platform's ability to transform project management and resource allocation has been highlighted in sessions with Country Office Staff, emphasizing its role in boosting development efficiency.
Comoros, now joining the initiative, aims to harness the centralized system of FundsChain to consolidate disbursement and project information, ensuring efficient resource management and unparalleled transparency. The endorsement by Comoros' Ministry of Finance and auditing bodies signifies a strong commitment to innovative development practices. In addition to the participation of ARC representative for Comoros, the Country Team invited staff from ongoing projects for a broader presentation of the platform. The
sessions were highly interactive with a lot of questions from the projects which indicate that the platform is very welcome and shows interest in its adoption as it will enhance better transparency and accountability. Below are some comments made following the sessions.
“Hello, I’m Milan, Procurement Manager for the Post-Kenneth project. I participated in the FundsChain training. As the Procurement Manager for a project that responds to disaster emergencies, I really enjoyed the training, it's highly relevant. It's a good initiative to train us on emergency response in financial management”
As the initiative progresses, a comprehensive training program will be rolled out to empower participating countries, integrating them seamlessly into this groundbreaking platform. The World Bank remains committed to leading the charge in revolutionizing global development, with FundsChain paving the way for a more transparent and accountable future.
May 26, 2025: First Project in Argentina
FundsChain has successfully onboarded its first Investment Project Financing (IPF) with Performance Based Contracting (PBC) onto our platform. The project, titled Supporting the Transition to a Sustainable Electricity Sector in Argentina marks our first Latin America project adopting FundsChain.
The project aims to finance energy subsidies through a reimbursement mechanism, facilitating Argentina's transition to sustainable energy practices. By integrating it onto the FundsChain platform, we are expanding our geographical footprint and addressing the complexities of project design integration.
The successful onboarding of the project was a testament to the collaborative efforts of a dedicated team. Their combined expertise in financial management and project leadership played a pivotal role in the process.
The integration of the Argentina project sets a precedent for future endeavors, paving the way for more projects to benefit from FundsChain's capabilities.
April 04, 2025: FundsChain on Citi’s GPS Report
FundsChain has been featured in Citi’s annual Global Perspective and Solutions (GPS) report on technology and innovation. This year, the GPS report focusses on 'Digital Dollars: Banks and Public Sector Drive Blockchain Adoption' highlighting the growing role of blockchain in enabling new financial instruments and modernizing legacy systems.
Read the full GPS report here, FundsChain is highlighted on page 34. Here are a few excerpts from the article:
“Blockchain technology is in many ways ideally suited for cross-border use cases, and a good example of this is the World Bank’s FundsChain initiative, launched in September 2024. The initiative has since onboarded nine projects across Moldova, the Philippines, Kenya, Bangladesh, Mauritius and Mozambique.”
“With FundsChain, all project stakeholders – including, borrowers, suppliers, auditors, and end beneficiaries – can see where disbursements are going and how and when they are being used, providing end-to-end transparency with all transactions recorded on-chain, enabling stakeholders to monitor flows real-time.”
”FundsChain offers robust traceability of disbursements, granting stakeholders real-time visibility, fostering transparency and confidence that funds are reaching the intended beneficiaries, ultimately allowing the World Bank to support borrowing countries in their anti-corruption reforms agenda.”
March 5, 2025: Two Projects on FundsChain in Bangladesh
We are thrilled to announce the successful launch of the World Bank's FundsChain initiative in Bangladesh!
The FundsChain initiative, leveraging cutting-edge blockchain technology, is now expanding to include the Resilience, Entrepreneurship, and Livelihood Improvement (RELI) and Sustainable Microenterprise and Resilient Transformation (SMART) projects in Bangladesh.
RELI is a community-driven project to support entrepreneurship in rural villages by enhancing the livelihoods and resilience of the poor. Although run from one central government project unit, it impacts seven regions, 20 districts, and over 3,000 villages, benefiting more than 750,000 households.
FundsChain will allow timely confirmation and a clear record that funds for household businesses, such as the purchase of sheep or goats, have been received—ensuring funds go where they are intended.
This groundbreaking initiative aims to enhance transparency and accountability by providing a unified, immutable record of transactions, digital assets, and shared records accessible to key stakeholders throughout the project lifecycle.
Stay tuned for more updates as we continue to innovate and enhance the transparency and accountability of our development projects.
October 22, 2024: Kenya’s First Project on FundsChain
In October 2024, the World Bank successfully launched the FundsChain initiative in Kenya with the first pilot project, National Youth Opportunities Towards Advancement Project (NYOTA). The engagement and excitement from everyone set the tone for what’s shaping up to be an incredible initiative for transparency and trust in development.
The participants shared encouraging feedback:
FundsChain is going to enhance transparency and accountability in the flow and usage of funds. It will ensure that documents are not misplaced whether on purpose or otherwise.
FundsChain is a model to assist PIU in general management of the utilization of funds and for impartial reporting for seamless audit process and accountability, through e-referencing materials and proof documentation.
FundsChain, very instrumental tool for tracing received funds; safekeeping of vital supportive documents and generation of required reports on time.
October 7, 2024: The Philippines’ First Project on FundsChain
In October 2024, the World Bank successfully launched the FundsChain initiative in the Philippines. In a three-day launch workshop from October 7, 2024, to October 9, 2024, the World Bank was honored to have over 30 representatives from the Metro Manila Development Authority (MMDA) and the Department of Public Works and Highways (DPWH).
This is a significant milestone in the Bank’s efforts to harness the potential of blockchain technology to drive innovation. The event was a notable success, and participants expressed high satisfaction with the system's user-friendly interface appreciating the enhanced transparency and immutability offered by blockchain technology.
Michael Gison, Director of the MMDA, said “FundsChain will facilitate accurate tracking, disbursement, and monitoring of every financial transaction, ensuring transparency and accountability at every stage. We are positive that the success of this pilot will set a new benchmark for other countries to follow, establishing a gold standard in financial management and transparency practices in project implementation.”
First row seated (left to right):
Erwin Camagay (Senior Finance Assistant - WBG), Divya Mehta (WBG), Carmenchu Austriaco (Senior Regional Team Leader - WBG), Rene Jay de la Calzada (Project Manager, MMFMP PMO), Patricia Hoyes (Manager, WFACS - WB), Georges Comair (TTL - WBG), Dir. Michael Gison (Director III, MMDA OAGMP)
Second row standing (left to right):
Caroline Cheng (Finance Analyst - WBG), Claress Montojo (Administrative Officer IV, MMFMP PMO), Karl Jenny Marquez (Supply Officer III, MMFMP PMO), Alexes Quijano (Accountant III, MMDA Financial Accounts and Analysis Section), Gina Rose Yao (Cashier IV, MMDA Disbursement Unit), Angel Garcia (Budget Officer III, MMDA Budget Division), Lorah Naureen Bautista (Budget Officer I, MMFMP PMO), Lovella Tolentino-Morada (Finance Management Specialist, MMFMP PMO), Brianne Cueco Inocencio (Consultant - WB), Lydia C. Aguilar (Engineer V, DPWH UPMO-FCMC), Engr. Alyssa Joy D. Boringgot (Engineer II, DPWH UPMO-FCMC), Engr. Ma. Mercedes T. Fernandez (Engineer II, DPWH UPMO-FCMC), Ralph S. Buenavista (Accountant II, DPWH FAPS, Accounting Division), Liza B. Estillore (Accountant II, DPWH FAPS, Accounting Division)
Third row standing (left to right):
Josh-armih Magat (Planning Officer III, MMFMP PMO), Ar. Mary Grace Ignacio (Planning Officer III, MMDA OAGMP), For. Nina Camille Gonzales (Planning Officer I, MMDA OAGMP), Ramil V. Magturo (Admin. Officer IV, DPWH CO-FAPS, Budget Division), Riza Gellie R. Quiton (Admin. Officer IV, DPWH CO-FAPS, Budget Division), Atty. Myles B. Abiqui (Section Chief, DPWH FAPS, Accounting Division), Melad,Amancio III (Consultant - WBG), Engr. Ives C. Reloj (Engineer II, DPWH UPMO-FCMC)
September 27, 2024: Moldova’s First Project on FundsChain
In September 2024, Moldova became the first country to join the World Bank's FundsChain initiative to leverage the Bank’s new blockchain platform for disbursement traceability on Moldova’s MSME Competitiveness project.
For this significant milestone, the World Bank hosted key personnel from Moldova for training and onboarding them on the blockchain platform for Moldova project use. The attendees included Moldova’s Project Implementation Unit (PIU) staff members Viorica Neclea, PIU Deputy Director, and Marina Darie, PIU Accountant, and Bank project’s Financial Management Specialist, Oxana Druta. Read here a post from Pam O'Connell, Vice President and WBG Controller, who addressed the audience to close out the successful launch.
Viorica Neclea, Moldova’s PIU’s Deputy Director, said "The new platform will help us to enhance transparency, accountability, and efficiency in financial management and will provide a credible and secure source of data on suppliers, beneficiaries, and financial transactions carried out within the project. In the future, it will help us to strengthen the reporting and auditing processes, facilitating the access of Government partners and even auditors, as well as enhancing the engagement with the final beneficiaries,"
First row seated (left to right):
Marina Darie (PIU), Viorica Neclea (PIU), Pam O'Connell (WBG), Junxue Chu (WBG), Robert Judson (EY)
Second row standing (left to right):
Stela Mocan (WBG), Thomas Puschnik (WBG), Jessie Friedman (EY), Oxana Druta (WBG), Mitali Mathur (WBG), Jayavishnu Nattanmai (WBG), Damir Leljak (WBG), Debora Gessesse (WBG), Marina Mijatovic (WBG), Zhuo Yu (WBG), Pratheep Ponraj (WBG)