RMI Public Financial Management - PFM

The PFM Project Team was pleased to participate in a Contract Management Module training led by Procurement Specialist Florence Kimani, alongside Procurement Officers Kellynne Brechtefeld and Dallas Milne.

We sincerely appreciate the continued support, guidance, and collaboration of the Central Implementation Unit (CIU) as we work together to advance project implementation and strengthen procurement and contract management practices.

Picture (L-R): Kellynne Brechtefeld (CIU), Dolse Shoniber (ECD), Roselyn Matundan (PFM), Florence Kimani (CIU), Galbert Robert (Digital RMI), Robert Fitzpatrick (PFM)

The PFM II Project is pleased to announce an exciting consulting opportunity!

The Project seeks interested and qualified candidates for the Accountant/GASB Trainee position.

For more information, kindly visit the job posting at: https://mof.gov.mh/ccountant-gasb-trainee-pfm-ii/

Due date for submission is June 15th, 2026.

PFM II Change Management Team (CMT) Session 2 – FY26
May 28, 2026

The PFM II Project successfully convened its second Change Management Team (CMT) session for FY26, following its inaugural meeting held in March. During this session, project implementation progress, key milestones, and critical challenges were presented and discussed.

The session provided updates across the Project’s four components, highlighting steady implementation progress including:

- Project disbursement updates
- Commencement of GASB trainee activities
- Mobilization of key technical advisors
- Progress on FMIS enhancement and procurement automation
- Continued advancement of activities related to capacity building, citizen engagement, and diaspora outreach

The session also provided an opportunity to openly discuss implementation bottlenecks requiring continued coordination and support, including consultant mobilization processes, reporting timelines, and key reform indicators that require renewed focus.

As implementation momentum continues to build, the Project remains focused on:
• Finalizing consultant mobilization
• Resolving procedural bottlenecks
• Accelerating delivery against project performance indicators

We extend our sincere kommol tata to the members of the CMT, M*F management, and the Central Implementation Unit (CIU) specialists for their guidance, collaboration, and technical support during this session.

The Ministry of Finance, Banking and Postal Services was pleased to host a virtual Knowledge Sharing Session with the Fiji Ministry of Finance on the Bisan FMIS platform.

The discussion focused on practical lessons and experiences in areas including budgeting, financial reporting, system administration, capacity building, and FMIS modernization.

We sincerely thank the Fiji team for sharing their valuable insights and acknowledge the support of the World Bank through the PFM-II Project.

The Ministry of Finance, with support from the WB-financed PFM II project, is pleased to share the Citizen-Friendly Budget for FY26.

The video is available on our website in both English and Marshallese.

English: https://mof.gov.mh/rmi-26-budget-eng/

Marshallese: https://mof.gov.mh/rmi-26-budget-mar/

We are pleased to share that the PFM team successfully completed their initial Funds Chain Awareness and Onboarding Session with WB Consultant, Cherry Lyn Somcio.

The session introduced the concept of the Funds Chain, which refers to the full lifecycle of project funds, from budget allocation and release, to commitment, payment, and final reporting. Strengthening our understanding of this process is critical to ensuring that our resources are used efficiently, transparently, and in alignment with project objectives.

For WB-funded activities, an effective funds chain directly impacts how quickly and accurately funds are mobilized, tracked, and reported. By improving coordination across all stages, we can minimize delays and errors, whilst strengthening accountability. This supports effective utilization of project funds and improved implementation of project activities.

On behalf of the PIU, we extend our sincere appreciation to the Central Implementation Unit and Ms. Somcio for their guidance and expertise. Kommol tata.

PFM II Change Management Team Holds Inaugural Meeting

The Public Financial Management II (PFM II) Project successfully convened the inaugural meeting of its Change Management Team (CMT), marking an important milestone in advancing key public financial management reforms.

The meeting was opened by Project Manager Eugene Amor and CMT Chair Neri Wase, who welcomed members and highlighted the importance of collaboration and strong leadership in supporting the reform process.

Assistant Project Manager Robert Fitzpatrick delivered a brief project overview, outlining the role of the Change Management Team, providing an update on current project progress, and discussing the next steps for implementation.

A comprehensive presentation on procurement reforms was provided by Binita Shrestha, Procurement Advisor for the PFM II Project. She shared upcoming reform priorities and emphasized how the CMT will play an important role in supporting successful implementation across the government.

Members also received an update on ongoing Financial Management Information System (FMIS) reforms from U.S. GASB Specialist James Ley, who highlighted current progress and key developments.

We would like to thank the Ministry of Finance, Banking & Postal Services and all core members of the Change Management Team for their support in this important milestone. We look forward to continued collaboration as we work together to strengthen public financial management systems in the Republic of the Marshall Islands.

PRESS RELEASE
World Bank Conducts PFM II Implementing and Support Mission at the Ministry of Finance, Banking & Postal Services
Majuro, Republic of the Marshall Islands

The Strengthening Public Financial Management II Project (PFM II) welcomed it's World Bank Task Team to the Ministry of Finance, Banking and Postal Services (M*FBPS) from February 2–6 to undertake an Implementing and Support Mission (ISM) aimed at reviewing overall project implementation progress, assessing key technical components, and reinforcing collaboration between the Government of the Republic of the Marshall Islands and the World Bank to support effective delivery of project outcomes.

The World Bank delegation was led by Task Team Leader Patrick Umah Tete and Co-Task Team Leader Viengmala Phomsengsavanh, with support from PFM Specialist Simon Whitehead and Public Sector Specialist Pike Pike Aye. Throughout the mission, the team engaged with Secretary of Finance Ayako Yamaguchi-Eliou, M*FBPS senior management and staff, and members of the PFM II Project Implementation Unit (PIU).

Consultations focused on implementation status, operational priorities, and strategies to enhance performance, sustainability, and institutional capacity under the project. The engagements facilitated technical dialogue, strengthened coordination among stakeholders, and supported the identification of priority actions aligned with national reform objectives.

On behalf of the PFM II PIU, appreciation is extended to the Secretary of Finance, the management and staff of M*FBPS, and the World Bank Task Team for their collaboration, technical engagement, and continued partnership. The PFM II Project remains committed to supporting the Ministry's efforts to strengthen public financial management systems and institutional performance.