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“APPROACHES TO MAXIMIZE ACCOUNTABILITY ,MINIMIZE RISKS, IMPROVE TRANSPARENCY AND REDUCE FRAUD”

“APPROACHES TO MAXIMIZE ACCOUNTABILITY ,MINIMIZE RISKS, IMPROVE TRANSPARENCY AND REDUCE FRAUD”. THE TANZANIAN EXPERIENCE. BACK GROUND:. Tanzania like an other developing country faced with a problem of inadequate resources Govt requires good accountability systems.

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“APPROACHES TO MAXIMIZE ACCOUNTABILITY ,MINIMIZE RISKS, IMPROVE TRANSPARENCY AND REDUCE FRAUD”

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  1. “APPROACHES TO MAXIMIZE ACCOUNTABILITY ,MINIMIZE RISKS, IMPROVE TRANSPARENCY AND REDUCE FRAUD” THE TANZANIAN EXPERIENCE

  2. BACK GROUND: • Tanzania like an other developing country faced with a problem of inadequate resources • Govt requires good accountability systems. • Govt required to provide timely reports • In the case of Tanzania relied on Exchequer and Audit Ordinance.

  3. PRE-REFORMS ERA • Each MDA had its own accounting units and reporting formats • Monthly/quarterly/semi-annual submitted to Treasury • All reports were untimely • Consequently an impact on accountability of public resources

  4. PRE-REFORMS ERA (continues) • MDA had computers which could not promote coordinated information to aid decision making. • Major overdrafts and overspending. • Major misappropriation and theft of public funds

  5. PRE-REFORMS ERA (continues) • Govt – unable to honor its obligations • The government had to acquire a system able to provide information and transparency. • There was a need to establish an authoritative and reliable information center.

  6. REFORMS • In 1990s- govt embarked on Public sector reforms • Amongst the public service reforms were financial management reforms • Elaborate Financial mgt system was put in place(1998) • The system facilitated disbursement and tracking of funds (IFMS) • Following the adoption of IFMS the PFA was enacted and its regulations. • PFA clearly enhanced the oversight function and clearly defined the responsibility of the key actors in accountability process • PFA enforces the use of the International Accounting standards and best practices.

  7. REFORMS (CONTINUES) • PPA was enacted to curb malpractice. • Regulations were put in place for selection and employment of consultants and procurement of goods, works and related services • The legislation introduced procurement by tender. • The CTB has been transformed into Procurement Regulatory Authority

  8. REFORMS CONTINUES • Involvement of the parliament • Public entities reporting requirement; • Overall budget strategy • Nature and objective of each main program activities • Assessment of outputs and performance against agreed objectives • A summary of financial results for the fiscal year of the public entity • Plans for the year ahead as approved by the parliament • Provisional plans for two subsequent years.

  9. REFORMS continues…… • AO are required to establish effective Internal audit mechanism by providing qualified personnel, adequate resources and commensurate independence. • Establishment of Audit committees with full mandate to make an internal oversight of the entities operations.

  10. REFORMS (CONTINUES) • NAO strengthened- resources and capacity • NAO scope of audit expanded by PFA to require CAG to carry out financial, Performance and forensic audit • The requires the Minister for Finance to appoint an auditor through a transparent process who shall audit NAO and the report thereof submitted to Parliament.

  11. REFORMS - continues • Necessary steps taken to involve general public in the oversight of monitoring • Public is involved in PER reviews • Allocation of public resources are published in the news media on a routine basis. • Strengthening of the anticorruption bureau. • Formulation of the National Anticorruption Strategy. • Awareness campaigns features daily through fliers and news bulletins

  12. CHALLENGES • Non adherence or compliance to the legislations. • Establishment of a regulatory framework to be enforced in case of non- compliance. • Recruitment/retention of trained personnel • Getting the public to be actively involved in tracking public finances. • Resistance to change. • Capacity buildings of parliamentarians- sharpen their skills

  13. To conclude • Tanzania has implemented reforms to facilitate transparency promote accountability. • We have an elaborate financial Management system backed by a solid legal frame work • Publication of resources allocations and expenditure reports hold the government accountable.

  14. To conclude…………….. • The involvement of the parliament is another manifestation whereby the electorate through their MP are involved in the monitoring of Public funds. • Therefore a good system which promote good governance is a system that is worth its weight in Gold if it is to run efficiently and effectively • This is achieved by the reduction in transaction cost and a protracted elimination of corruption and corrupt practices.

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