Strengthening and improving good financial governance on the African continent by assisting public financial management (PFM) stakeholders.
Effective public financial management is an important factor in achieving sustainable development and reducing poverty in Africa. The programme supports the development of harmonised approaches and builds standards of public finance systems through pan-African organisations active in budget cycles.
The project is co-financed by the EU – under the Annual Action Programme 2014 of the DCI Pan-African Programme – and the German Federal Ministry of Economic Co-operation and Development (BMZ). It is implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ GmbH).
This project has the overall objective to assist public financial management (PFM) stakeholders on the African continent in strengthening and improving good financial governance. More specifically, it will strengthen network organisations (NOs) and their members in the areas of public finance management and taxation and provide oversight to support harmonised approaches and standards of public finance systems. The project support the four NOs that are providing a wide range of activities to client governments in their respective fields of expertise. These NOs are the:
- African Tax Administration Forum (ATAF), in the area of tax policy and administration;
- African Organisation for Supreme Audit Institutions (AFROSAI), in the area of external financial control and auditing;
- Collaborative Africa Budget Reform Initiative (CABRI), in the area of budget planning and implementation;
- African Organisation of Public Accounts Committees (AFROPAC), in the area of legislative financial and budgetary supervision and oversight.
The programme;s activities aim to: increase research, knowledge management and information dissemination capacities; improve technical services and products in public financial management and oversight; develop harmonised approaches and standards in their respective areas of public finance; increase cooperation and partnerships between NOs and the various stakeholders in the area of public finance, governments and other stakeholders; and support pilot implementations of these in member countries.