Although planned from 2006 to 2009, the term of implementing the World Bank's Public Finances Management project has been prolonged to 2011, Info-Prim Neo reports. Its costs are set at $15.3 million, of which 8.6 million is a loan of the World Bank (WB). The Netherlands co-finance it with $4 million and SIDA gives $2 million. The Moldova Government's contribution is $0.7 million. The goal of the project is to strengthen the management of public finances by developing the institutional capacity in managing the public funds, said finance minister Mariana Durleşteanu Thursday. Melanie Marlett, the WB's country manager for Moldova, has said that the reforms should be coordinated with the existing resources and that the aggregated goal of the project is to strictly watch all the public allocations and the way in which they are used. Nina Lupan, the finance deputy minister, says they developed a new model of macroeconomic prediction and modeling. They developed the Budgetary Classification and the Accounts Plan to develop the integrated info system of financial management. The officials say they need more time to implement this system.