LAUNCH OF A PUBLIC FINANCE MANAGEMENT PROJECT
- Mar 18, 2019
- 1 min read
Belmopan. March 18, 2019. The Government of Belize and the European Union have launched a project aimed at improving the Public Finance Management (PFM) system in Belize. The project commenced on March 6th, 2019 and will run for 36 months until February 2022. This technical assistance project is funded by the European Union under the 11th European Development Fund for a total budget of Euro 1.1 million (BZD $ 2.5 million).
The aim of this project is to assist the Government of Belize, in implementing PFM reforms in core areas where performance has not strengthened significantly as pointed out in the latest Public Expenditure and Financial Transparency Assessment (PEFA). The Technical Assistance Team will provide support to the Ministry of Finance, Office of the Auditor General and Contractor General to implement important activities aimed at improving performance in several PFM areas and to achieve key objectives set in the PFM Action Plan prepared by the country as a result of the PEFA.
The project will among other things support the improvement of the legislative framework for PFM, including performing gap analyses, proposing recommendations and developing legislation and regulations that govern the activities of the Ministry of Finance, Auditor General and Contractor General. The project will strengthen the internal control functions by setting up an Internal Audit Unit. It will support its operation and develop the human resource capacity in the PFM sector through on-the-job coaching, specific training and improving working procedures and practices.
In addition, the project will seek to boost the coordination within the PFM sector amongst and between international development partners and government ministries and departments.
END
Many students become curious about the bsc hons meaning when planning their academic future. The challenge of earning this degree is balanced by the flexibility it offers across fields. From science to technology, graduates often find themselves with varied options. UNICCM supports learners by aligning courses with practical career outcomes. The experience helps you build confidence in your chosen discipline. Choosing to enroll can feel like investing wisely in yourself.
Great to read about the efforts to strengthen public financial systems in Belize through this initiative, which focuses on transparency and better governance. It’s inspiring to see such projects gaining traction and making a real difference. Lisa Eilbacher Age brings valuable perspective and experience to discussions like this.
I found matlab assignment help useful while practicing MATLAB problems, especially for understanding logic errors and improving my coding approach.
What is flow production and why is it important in modern manufacturing? This method improves efficiency through continuous processes. Develop operational and management expertise with UNICCM.
Applying the building cost information service improves budget management for all project roles. The College of Contract Management offers interactive lessons on cost analysis. The curriculum covers historical and current market data for accuracy. Many have increased efficiency in managing construction finances.