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Responsible budgeting practices are essential to promote sustainable development

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  The International Budget Partnership IBP https InternationalBudget org convened African civil society leaders and governments this week in Abuja to further advance open budget practices and build on Integrated National Financing Frameworks INFF A four day event is being held in partnership with the INFF facility the United Nations Development Program UNDP the United Nations Children s Fund UNICEF the Department of Economic and Social Affairs of the United Nations UNDESA and the United Nations Economic Commission for Africa ECA As countries grapple with the effects of the pandemic and record debt many realize that effective resource management is essential to ensure they can achieve the Sustainable Development Goals SDGs or global targets Several African countries are pursuing Integrated National Financing Frameworks https bit ly 3DWH6EV to create a single nationally owned and managed plan to improve coherence coordination and impact between different partners and funding sources of the SDGs Nigeria launched its INFF last week A transparent and inclusive budget process is also critical to ensuring that countries can best leverage financing to advance global goals The latest Open Budget Survey https bit ly 3dX1fQq found that budget transparency scores in the region https bit ly 3Rt9fGU increased 16 points a jump of around 70 since 2008 albeit from a low base in many countries Nigeria is one of the top three improvers globally in the survey increasing its score by 23 points from 2019 to 2021 Yet few governments are sufficiently expanding spaces for the public to meaningfully engage throughout the budget process As countries grapple with intense tradeoffs expanding access to budget information and opening spaces for the public to meaningfully engage throughout the budget cycle can ensure that public money reaches those who need it most said Austin Ndiokwelu Nigeria Country Manager for IBP We have seen firsthand in Nigeria how diverse groups of citizens from women farmers to community health advocates can harness the budget process to inform government spending and drive progress on key development goals such as food security and maternal health Now more than ever governments must ensure that allocations to critical social sectors are spent as promised said Sally Torbert IBP Senior Program Director Too often we see that during budget implementation governments fail to prioritize spending on social sectors Civil society and oversight actors such as legislators and auditors can be essential partners in ensuring that public money is spent effectively in sectors that are critical to global goals To learn more about our programs visit https InternationalBudget org To attend the event register at https bit ly 3ChoSwz
Responsible budgeting practices are essential to promote sustainable development

target blogger outreach daily trust nigerian newspaper

International Budget Partnership

The International Budget Partnership (IBP) (https://InternationalBudget.org/) convened African civil society leaders and governments this week in Abuja to further advance open budget practices and build on Integrated National Financing Frameworks.

daily trust nigerian newspaper

(INFF).

daily trust nigerian newspaper

A four-day event is being held in partnership with the INFF facility, the United Nations Development Program (UNDP), the United Nations Children’s Fund (UNICEF), the Department of Economic and Social Affairs of the United Nations (UNDESA) and the United Nations Economic Commission for Africa (ECA).

As countries grapple with the effects of the pandemic and record debt, many realize that effective resource management is essential to ensure they can achieve the Sustainable Development Goals (SDGs) or global targets.

Several African countries are pursuing Integrated National Financing Frameworks (https://bit.ly/3DWH6EV) to create a single nationally owned and managed plan to improve coherence, coordination and impact between different partners and funding sources of the SDGs. Nigeria launched its INFF last week.

A transparent and inclusive budget process is also critical to ensuring that countries can best leverage financing to advance global goals.

The latest Open Budget Survey (https://bit.ly/3dX1fQq) found that budget transparency scores in the region (https://bit.ly/3Rt9fGU) increased 16 points (a jump of around 70%) since 2008, albeit from a low base in many countries.

Nigeria is one of the top three improvers globally in the survey, increasing its score by 23 points from 2019 to 2021.

Yet few governments are sufficiently expanding spaces for the public to meaningfully engage throughout the budget process.

“As countries grapple with intense tradeoffs, expanding access to budget information and opening spaces for the public to meaningfully engage throughout the budget cycle can ensure that public money reaches those who need it most,” said Austin Ndiokwelu.

, Nigeria Country Manager for IBP.

“We have seen firsthand in Nigeria how diverse groups of citizens, from women farmers to community health advocates, can harness the budget process to inform government spending and drive progress on key development goals such as food security.

and maternal health.

“Now more than ever, governments must ensure that allocations to critical social sectors are spent as promised,” said Sally Torbert, IBP Senior Program Director.

“Too often we see that during budget implementation, governments fail to prioritize spending on social sectors.

Civil society and oversight actors such as legislators and auditors can be essential partners in ensuring that public money is spent effectively in sectors that are critical to global goals.” To learn more about our programs, visit: https://InternationalBudget.org/.

To attend the event, register at: https://bit.ly/3ChoSwz.

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