financial management aspects of emergency operations moses wasike, opcfm fiduciary forum march 2008
TRANSCRIPT
Financial Management Financial Management Aspects of Emergency Aspects of Emergency OperationsOperations
Moses Wasike, OPCFMMoses Wasike, OPCFM
Fiduciary ForumFiduciary Forum
March 2008March 2008
Guiding PrinciplesGuiding Principles
Consistent with OP/BP 10.02…, Consistent with OP/BP 10.02…, OP/BP OP/BP 8.008.00 requires appropriate oversight requires appropriate oversight arrangements for rapid response arrangements for rapid response operations including:operations including:
Corporate governance and fiduciary Corporate governance and fiduciary oversight to ensure appropriate oversight to ensure appropriate scope, design and speedscope, design and speed Monitoring and supervisionMonitoring and supervision
Features of the OP/BP Features of the OP/BP 8.008.00Accelerated, Consolidated and Accelerated, Consolidated and Simplified procedures for Emergency Simplified procedures for Emergency Operations:Operations:
Streamlined ex-ante processingStreamlined ex-ante processing Different balance between ex-ante Different balance between ex-ante and ex-post controls and risk mitigationand ex-post controls and risk mitigation Alternative implementation Alternative implementation arrangements as necessary - UN, arrangements as necessary - UN, NGOs, Other AgenciesNGOs, Other Agencies
What is Different?What is Different?
Compressed project cycleCompressed project cycle Priority for ex-post rather than the Priority for ex-post rather than the ex-ante oversightex-ante oversight Minimal effectiveness and Minimal effectiveness and disbursement conditionsdisbursement conditions Intensive FM supervision during Intensive FM supervision during implementationimplementation
Ex-ante/Ex-post Ex-ante/Ex-post ControlsControls At negotiations, prioritize critical At negotiations, prioritize critical over desired FM arrangementsover desired FM arrangements Experienced FM staff involvement Experienced FM staff involvement Intensified FM supervision to Intensified FM supervision to expedite acceptable FM arrangementsexpedite acceptable FM arrangements
FM InvolvementFM Involvement
Early engagementEarly engagement FM assessment as warrantedFM assessment as warranted Anticipate actionAnticipate action Plan intensified supervisionPlan intensified supervision Importance of reviews and auditsImportance of reviews and audits
FM AssessmentFM Assessment
Exercise professional judgmentExercise professional judgment Understand country issuesUnderstand country issues Use conditionality only when Use conditionality only when absolutely necessaryabsolutely necessary Innovative optionsInnovative options Option to rely on UN, NGOs etc. Option to rely on UN, NGOs etc. when warrantedwhen warranted
FM Supervision FM Supervision ActivitiesActivities Frequent desk reviews - FM Frequent desk reviews - FM Reports, Bank Activity Statements, Reports, Bank Activity Statements, analytical reviewsanalytical reviews Provide continuous on-the-job Provide continuous on-the-job trainingtraining Be present at meetings to guide Be present at meetings to guide and resolve issuesand resolve issues Visit the projectVisit the project
FM Supervision FM Supervision ActivitiesActivities Outsource certain FM supervision Outsource certain FM supervision activities to expand coverageactivities to expand coverage Use government fiduciary agentsUse government fiduciary agents Coordinate with other donors Coordinate with other donors Engage beneficiaries in self Engage beneficiaries in self monitoringmonitoring
Bank resourcesBank resources
Guidelines: Financial Management Guidelines: Financial Management Aspects of Emergency Operations Aspects of Emergency Operations Processed under OP/BP 8.00Processed under OP/BP 8.00 Regional focal personsRegional focal persons Anchor focal personsAnchor focal persons UN FM Framework AgreementUN FM Framework Agreement FM websiteFM website
Next…Next…
Country Experiences:Country Experiences:
Iraq – Mona El-Chami & Akram El-Iraq – Mona El-Chami & Akram El-ShorbagiShorbagi
Sudan – Nestor CoffiSudan – Nestor Coffi
DiscussionsDiscussions