| Work Detail |
A new flagship report co-produced by The African Capacity Building Foundations and the African Development Bank looks ten African countries public finance management.
Entitled, “the African Financial Governance Outlook (AFGO),” the report covered Burkina Faso, Ethiopia, Ghana, Kenya, Mali, Mozambique, Rwanda, Senegal, Tanzania, and Uganda. It is themed, “Effective Public Financial Management for Sustainable Development”.
The outlook aimed at to enrich the understanding of public financial management and its contribution to good governance, with the ultimate aim of reducing poverty and delivering sustainable and inclusive economic growth.
It complements quantitative indicators with qualitative analysis to show trends over time and to explain the drivers of change in financial governance across AFGO pilot countries.
The countries were drawn from the different regions and represent different political and administrative traditions (Anglophone, Francophone, and Lusophone) to ensure a wide range of countries.
They were analyzed using a financial governance matrix that combined five financial governance arenas of Budget Governance, Revenue Governance and Internal Controls.
It also covered Public Procurement, and External Audit as well as five political governance variables of Inclusiveness, Openness, Rule Compliance, Oversight, and Capability. |
