FISCAL OPENNESS ACCELERATOR PROJECT
Fiscal Transparency for Public Participation for Better Use of Public Resources
International experts and governments are increasingly realizing that public participation and transparency are mutually reinforcing and need to be advanced together as key components of improved government decision making and accountability. However, only reforms that support both expanded fiscal transparency and enhanced opportunities for public engagement in budgeting can ensure that individual gains on fiscal transparency and public participation buttress each other.
To help bridge the gap between the demand for and the resources available to support the development of fiscal transparency and public participation mechanisms, IBP and GIFT have developed the Fiscal Openness Accelerator, a project that will deepen work in improving transparency and enhancing public participation in fiscal policies in some countries in Africa, such as Benin, Liberia, Nigeria, Senegal, and South Africa, with the support of the U.S. Department of State’s Bureau of Economic and Business Affairs. Other governments, such as the budget office’s representatives from Colombia, the Dominican Republic, Indonesia, Mexico and the Philippines have also been part of a fruitful conversation since 2019 and have provided extremely valuable information for the FOA project. More recently, additional ministries of finance have also expressed interest in joining these efforts. This confirms that there is a growing community that shares the commitment to promoting public participation with an impact on public finances.
SCOPE OF WORK
The US government is financing the pilots for five African countries (Benin, Liberia, Nigeria, Senegal, South Africa) and the GIFT network is seeking additional funds to include Colombia, the Dominican Republic, Indonesia, Mexico and the Philippines in a simultaneous effort.
WHAT WE SEEK TO ACHIEVE
Support governments in the development of participation mechanisms that can help their governments engage in budget processes that better reflect the inputs and needs of citizens. During the development we will document the process to evaluate the impact and disseminate good practices and lessons learned.
Additionally, with the storytelling we seek to create better engagement and visibility of the pilots. The storytelling will encourage other government innovators to take the same path and will allow them to have a glimpse of the process the need to undergo.
Memoranda of understanding
• Memorandum of understanding between IBP, GIFT, and the Ministry of Economy and Finance of the Republic of Benin – PDF
• Memorandum of understanding between IBP, GIFT, and the Ministry of Finance and Development Planning of the Republic of Liberia – PDF
• Memorandum of understanding between IBP, GIFT, and the National Treasury of the Republic of South Africa – PDF
• Memorandum of understanding between IBP, GIFT, and the Ministry of Finance, Budget and National Planning of Nigeria – PDF
• Memorandum of understanding between IBP, GIFT, and the Ministry of Finance and Budget of Senegal – PDF
Four mechanisms of public participation for practical discussion
Materials used during the workshop
• FOA Kick-off Meeting by Vivek Ramkumar and Juan Pablo Guerrero – PPT
• Senegal IMF’s Fiscal Transparency Evaluation – PDF
• Indicators for fiscal transparency by Lorena Rivero from GIFT – PPT
• Interview with Daniel Avelino, Inclusiveness in participatory budgeting – Video
• Interview with Daniel Avelino, Inclusive, meaningful and sustainable aspects of public councils – Video
• Interview with Jason Lakin – Video
Oct 20, 2020 - Session 1: Framing of SOEs reporting in the context of Fiscal Transparency and progress in FOA countries
Oct 27, 2020 - Session 3: Reporting and management of guarantees to SOEs and the link with fiscal risks
• Gaps in recording, monitoring and reporting of reliable and comprehensive SOEs guarantees – CABRI – PPT
• Recording, monitoring & reporting of external and domestic debts – Ministry of Finance, Liberia – PPT
• Fiscal Risk Statement: why, how and country examples – AFRITAC South, IMF – PPT
• Using PEFA to look at SOEs reporting, consolidation and benchmarking – PEFA Secretariat – PDF
• Macroeconomic Risks: FAD’s Fiscal Stress Tests COVID-19 – AFRITAC South, IMF – PPT
• Session 3 in English – Video
• Session 3 in French – Video
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