Bulgaria's Deputy Prime Minister for EU Funds Malina Kroumova and World Bank Country Manager for Bulgaria, the Czech Republic and Slovakia Tony Thompson signed a reimbursable advisory service agreement between the Council of Ministers Administration and the International Bank for Reconstruction and Development (IBRD) here on Tuesday, the Government Information Service said.
The document implements the Memorandum of Understanding on partnership and support in the implementation of the European Structural and Investment Funds in Bulgaria for 2014-2020 period, which Bulgaria and the IBRD signed on September 1, 2015.
Under the two-year agreement, the World Bank will help Bulgaria set up an organizational model for the introduction of the shared services model in the country. This implies consolidating business operations or processes under one roof and making those services available to other agencies to share the expense, so that the government can focus more on its priorities and save money.
The Bank will also develop a methodological framework, a communication program and a mechanism of change management and will come up with ideas for baseline indicators and performance evaluation mechanisms.
Under the agreement, which needs parliamentary ratification to take effect, the World Bank will prepare government property management assessment providing ideas how to improve management of 115 government-owned facilities. The analytical work undertaken by the World Bank will be the property of the Bulgarian government.