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Official Development Assistance – challenges and solutions from financial perspective

Official Development Assistance – challenges and solutions from financial perspective. Ministry of Finance of Slovak Republic. A regional conference of V4 countries in Bratislava May 17-18, 2006. Official Development Assistance – challenges and solutions from financial perspective.

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Official Development Assistance – challenges and solutions from financial perspective

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  1. Official Development Assistance – challenges and solutions from financial perspective Ministry of Finance of Slovak Republic A regional conference of V4 countries in Bratislava May 17-18, 2006

  2. Official Development Assistance – challenges and solutions from financial perspective • LEGISLATIVEFRAMEWORK • INSTITUTIONAL FRAMEWORK • FINANCIAL SOURCES • REPORTING • STATISTICS • CHALLENGES

  3. LEGISLATIVE FRAMEWORK • Medium–term Strategy for ODA – 2003-2008 • ODA National Programme – annual document • Annual Report on ODA provided by the Slovak Republic • Directive for the provision of ODA • Bilateral agreements – beneficiary countries/IOs/IFIs • Financial guidelines

  4. LEGISLATIVE FRAMEWORK • State Budget Law • Budgetary Rules Law • Accounting Law • Public procurement Law • Financial supervision and internal audit Law • Government Decrees

  5. INSTITUTIONAL FRAMEWORK Ministry of Foreign Affairs of SR Ministry of Finance of SR Administr. and Contracting Units – BBF & TF other institutions

  6. FINANCIAL SOURCES Multilateral ODA • EU contributions - % from Own Resources, EDF • Contributions to IOs – UNEP, FAO, etc. • Contributions to IFIs – WBG (IDA), EBRD etc. • Debt relief – HIPC, initiative G8 MDRI

  7. FINANCIAL SOURCES Bilateral ODA • Operating by two Administrating and Contracting Units (ACUs)– Bratislava-Belgrade Fund & UNDP Trust Fund • Humanitarian Aid

  8. FINANCIAL SOURCES Budget planning 3 years budget programming Budget specification for coming year and 2 years outlook (ministries) Government decision on Budget proposal Approval of Budget Law by National Parliament. Budget Law implementation

  9. FINANCIAL SOURCES Budget spending MoF State Treasury Ministries IAs Beneficiaries

  10. FINANCIAL SOURCES MFA Ministry of InteriorMinistry of Agriculture Ministry of Environment and Ministry of Education ODA PROGRAMME 05T MoF, Ministry of Defence and others authorities are out of the 05T programme

  11. REPORTING • Bilateral ODA • Beneficiary on regular quarterly base • ACUs/IAs on MFA request • MFA SR on Government Decree No. 332/2002 • OECD/ DAC on voluntary base Report of Slovak ODA to the Government - yearly

  12. REPORTING Multilateral ODA MoF SR from EU + IOs + IFIs MFA SR Report of Slovak ODA to the Government OECD

  13. STATISTICS CALCULATION OF ODA PERCENTAGE - RATIO Bilateral ODA + Multilateral ODA EU Contributions Contributions to IOs Contributions to IFIs Debt Relief ACU TF ACU BBF Humanitarian Aid = ODA % GDP (by Statistical Office)

  14. STATISTICS

  15. STATISTICS ANOTHER USE OF OECD/ DAC STATISTICS • DONOR ATLAS MADE BY EU • INTERNAL NEED FOR MFA REPORTS • ANOTHER GOVERNMENT REPORTS

  16. CHALLENGES • Design of the new national ODA legislation • Establishment of the ODA Agency • Improvement of the ODA reporting & statistics • Meeting the UN Millennium Goals and EU committments • Enhancing Slovak entities to implement ODA projects in the international field • Public awareness

  17. Official Development Assistance – challenges and solutions from financial perspective Thank you for yourkind attention Any questions?

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