Download
1 / 8
80 likes | 97 Views
Learn about the first year's work of the Financial Management Technical Working Group, challenges faced, lessons learned, and future focus areas. Collaboration, leadership, and evidence-based research are key for aligning FM practices effectively.
E N D
IHP+ Financial Management Technical Working GroupOne year after formation FMTWG (Nov 2015)
Background The financial management technical working was formed to help: • gather knowledge on good practices for joint approaches to FM harmonization and alignment; • synthesize and share this knowledge among development partners and partner countries; and • facilitate support to the implementation of these joint FM harmonization and alignment approaches.
Challenges encountered so far • Determining the entry point or timing for FM assessment is difficult • Participation of Bilateral development partners has been limited • Differences in the assessed level of fiduciary risk among DPs. This impacts the risk tolerance of DPs for FM harmonization and their interest in JFMAs altogether • Weak country-partner leadership. Most of the initiatives are driven by DPs • Slow progress in implementing JFMA recommendations at the country level due to: (i) DPs decision making processes; (ii) weak country partner leadership
Lessons learned • Leadership by country partner (CP) Ministry of Health in determining the need for alignment or harmonization is essential • Strong cooperation between CP’s ministries of heath and finance to support the development of sector financial management systems as part of the overall public financial management system is critical to success • Willingness of DPs to work together in-country is essential in moving beyond joint assessments • More evidence to support the cost of unharmonized and unaligned implementation arrangements will be useful to the IHP+ agenda on FM.
Focus of the next work program • Intensify in-country work on implementing JFMA recommendations on harmonized arrangements or use of country systems • Use evidence-based research/study to support case for harmonization and alignment • Solicit more participation in joint arrangements by bilateral partners and UN Agencies • Seek opportunities for collaboration in other regions other than Africa region • Work closely with country partners in imbedding FM harmonization and alignment principles in the implementation of the Global Financing Facility (GFF), and pursuit of Universal Health Coverage (UHC)
