Public Finance Management

The Public Financial Management (PFM) and Sustainable Finance Joint Working Group is a forum for dialogue and coordination between the Government of Ethiopia and Development Partners on issues related to public financial management and sustainable finance. The JWG aims to support the Government in implementing its reform agenda, harmonize Development Partners’ interventions, monitor, and evaluate progress, and mobilize additional resources for the sector.

The Public Financial Management (PFM) and Sustainable Finance Joint Working Group is a collaborative platform that brings together the Government of Ethiopia and Development Partners. The primary purpose of this group is to facilitate dialogue and coordination on matters related to public financial management and sustainable finance.

The JWG plays a crucial role in supporting the Government’s efforts to implement its reform agenda. It does this by providing a space for discussion, sharing of ideas, and strategizing on the best ways to achieve the set reform objectives. This collaborative approach ensures that all stakeholders have a voice and can contribute to the decision-making process.

In addition to supporting the Government, the JWG also works to harmonize the interventions of Development Partners. This is important to ensure that all interventions are aligned with the Government’s priorities and that resources are used efficiently and effectively. By working together, the JWG can help to avoid duplication of efforts and ensure that all interventions are complementary and mutually reinforcing.

Another key function of the JWG is to monitor and evaluate progress in the implementation of the reform agenda. This involves tracking the implementation of various initiatives, assessing their impact, and making necessary adjustments to ensure that the desired outcomes are achieved. The JWG also plays a role in mobilizing additional resources for the sector, which is critical for the successful implementation of the reform agenda.

The JWG is chaired by the Minister of State for Public Finance at the Ministry of Finance. It is co-chaired by one Development Partner, ensuring that both the Government and Development Partners are equally represented in the leadership of the group. The JWG meets on a monthly or quarterly basis, depending on the need, and reports to the Effective Development Cooperation Taskforce and the High-Level Forum.

The scope of the JWG’s work is broad and covers a wide range of topics. These include budget reliability, transparency, management of assets and liabilities, policy-based fiscal strategy and budgeting, predictability and control in budget execution, accounting and reporting, external scrutiny and audit, and cross-cutting issues. This comprehensive approach ensures that all aspects of public financial management and sustainable finance are addressed, leading to more effective and sustainable outcomes.

The Public Financial Management and Sustainable Finance JWG is a vital mechanism for promoting effective public financial management and sustainable finance in Ethiopia. Through its work, the JWG contributes to the achievement of the Government’s reform agenda and the realization of a sustainable and prosperous future for all Ethiopians.

The JWG is chaired by the Minister of State for Public Finance at the Ministry of Finance and co-chaired by one Development Partner. The JWG meets monthly or quarterly and reports to the Effective Development Cooperation Taskforce and the High-Level Forum. The JWG covers a broad scope of topics, including budget reliability, transparency, management of assets and liabilities, policy-based fiscal strategy and budgeting, predictability and control in budget execution, accounting and reporting, external scrutiny and audit, and cross-cutting issues.

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Chairs & Co-chairs

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Rajul Awasthi

Officer

World Bank

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News

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Objectives of the SWG

The Public Financial Management and Sustainable Finance Joint Working Group has a multifaceted objective. It serves as a platform for dialogue and coordination on public financial management and sustainable finance reforms in Ethiopia. This is done with the aim of supporting the Government’s development agenda and enhancing the effectiveness of aid. The JWG also works to harmonize the support provided by Development Partners to Ethiopia in this sector. This is crucial to avoid duplication of efforts and the creation of parallel structures. Furthermore, the JWG plays a key role in monitoring the Government’s implementation of its reform agenda. It identifies gaps and opportunities for additional support, thereby assisting the Government in its reform efforts. Lastly, the JWG provides a forum for policy dialogue on cross-government and cross-sectoral issues related to public financial management and sustainable finance. This comprehensive approach ensures that all aspects of public financial management and sustainable finance are addressed, leading to more effective and sustainable outcomes.

Situation of the Sector

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