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Managing financial flows: the challenge of governments "Conscience is the knowledge that someone is watching" Neil Cole Executive Secretary Collaborative Africa Budget Reform Initiative The things we think we know… • MDGs (even) SDGs provide a useful input to national development plans , but can not be the country plan. And country ownership is essential; • Achievement of goals are not solely about levels of financing; • Quality of spending will be crucial – VfM every step of the way; • Meaningful dialogue based on trust and mutual-accountability needed; • STRENGTHEN AND USE COUNTRY SYSTEMS, especially the BUDGET PROCESS; • Put lots more money into the things that make a difference and lead to sustainable growth; • There are no miracle cures. And be modest and honest about what can be achieved. 2017-05-23 2014 CAPE 2 National Development Plan A view of financing, budgeting and spending… Capacity, information and certainty to compile a credible forecast for expenditure estimates. Where will money come from and when? Can ODA be treated like taxes – indicative amounts that realize, depending on how well countries manage their affairs. Finance 2017-05-23 "The tool is not simply how much funds has been allocated but rather what it bought and more , whether in spending the funds, we have actually addressed the unfreedoms that come with poverty" TM And not everything needs to be described as an SDG aligned programme, but have clear criteria. Budgeting 2014 CAPE Ingrain VfM considerations in the psyche of officials: 5Es Efficiency Effectiveness Economic Equity Ethical Expenditure 3 Being ethical is to be… Modest about what can be achieved (Do not claim that a once-off act of charity will eradicate poverty) Honest about successes and failures (someone is watching) 2017-05-23 2014 CAPE 4 Not only about money… • MDG 2: 99.4% primary school enrollment; • Spends about 6% of GDP on education; • Teacher / pupil ratio of 30.71 2017-05-23 • 137th out of 150 countries on a global scale for Maths and literacy: – Teacher attendance, – Children still in the system after 5 years, – School building programmes and maintenance; – Procurement and distribution of free learning material. 2014 CAPE 5