Twenty-nine officials from finance and planning ministries representing AFRITAC East member countries (
The workshop facilitators explored with participants how binding MTBFs can enhance fiscal discipline and improve funding predictability for line Ministries in order to facilitate the achievement of strategic objectives. The prerequisites, however, are to have credible annual budgets; strong institutional frameworks including a supporting legal environment; reliable macro-economic and fiscal projections; and a fully integrated planning and budgeting process. Topics of discussion included: an assessment of MTBFs in Sub-Saharan Africa; constructing multi-year expenditure ceilings; medium term fiscal framework; fiscal objectives and fiscal rules; reconciling planning with budgeting; budget documentation and budget framework papers; budget institutions and processes; constructing a sector/ministry-level budget projection. Participants shared the challenges they faced in developing MTBFs and the seminar provided an opportunity for peer learning.
The workshop was opened by Mr.
At the conclusion of the meeting, Mr. Justus Nyamunga, Director of the
TNS 30BautistaJude 140213-4636263 30BautistaJude
Most Popular Stories
- Chobani Counters Competition With Expanded Lineup
- What to Expect From an Amazon Smartphone
- Asia Seeks Obama's Assurance Over Spats
- Coachella's Young Audience a Marketers Paradise
- Nevada Range Showdown Draws Armed Supporters
- Auto Parts Plant Opening in Pa., Jobs on Tap
- National Energy Boom Blurs Political Battle Lines
- Clinton Sought GOP Support for Health Plan
- Putin: No Blocks to Boosting Relations With West
- Saucedo Mercer Running on Empty in Arizona