Elaboration of a Public Finances Reform Programme
The project contributed to the larger objective of supporting the Government of Guinea-Bissau, in particular the Ministry of Economy and Finance, in the improvement of the country’s financial governance.
The project provided the Government with pragramatical guidance and well defined and prioritized tasks for a reform of the public finances to be carried out in medium-term (3 to 4 years). The technical assistance activities were implemented in three methodological sequential phases :
- A critical analysis of the process and the formulation of priority directions established under the government’s emergency program announced in 2014, in particular the process of reestablishment of the essential functions of public finance management: treasury management, reestablishment of the budget cycle, restoration of the state's fiscal monopoly, regularity of the chain of expenses, control of trade balance.
- Phase of elaboration of the Document: preparation and draft of the Document Program for Reform through a participatory process involving exchanges with key actors within the Ministry of Economy and Finances, namely the Secretaries of Treasury, Budget and Fiscal Affairs, as well as the Directorates of the Ministry, and representatives of donors present in the country.
- Phase of presentation and conclusion of the Document Program for Reform: finalization of the final report of the technical assistance mission, and presentation of the Document Program for Reform next to the Delegation of the European Union and the Ministry of Economy and Finances.