UNDP signs $4.1 Million Dollar Project with Government of The GambiaAug 30, 2017
On 30th August 2017, UNDP signed with the Government of The Gambia a project entitled “Support to strengthened capacities of national institutions responsible for economic management and evidence-based policy, planning and budgeting to achieve inclusive growth and poverty reduction in the Gambia:. This is a four year project totaling US$4.121 Million. UNDP funding will be 3.9 million while the government will make cash contribution of 221, 100
This project will provide support to national institutions responsible for economic management and evidence-based policy, planning and budgeting to achieve inclusive growth and poverty reduction in The Gambia. More specifically, the project will seek to address weak economic management which has significantly contributed to widening fiscal deficits, rising public debt and balance of payments problems; minimal alignment between priority areas and resources allocation resulting from weak linkage between planning and budgeting and to the hitherto consideration of political out-of-plan initiatives; weak institutional capacity linked to insecurity of tenure and high staff turnover retarding implementation of programmes; and low outcome level results.
This goal and objective will be met by strengthening the institutional policies and technical capacities needed to manage the economy, while stimulating multi-stakeholder, cross-sectoral cooperation for effective implementation in the field.
The project will be pursuing the following broad operational strategies: (i) Strengthen capacity for sound economic (fiscal) policy, research and data for evidence based decision-making including use of foresight and generation of scenarios in addition to projections; (ii) Enhance capacity for pro-poor and gender-responsive budgeting, resource allocation, management and reporting, while demystifying the planning and budgetary process and making these processes inclusive and participatory by engaging all citizens including the most marginalized to reflect the priorities, realities and yield greater positive impact on the welfare of the poor and vulnerable; (iii) Build and strengthen capacity for effective development planning, monitoring and evaluation across Government and Councils; and (iv) Strengthen capacity for effective public finance management, internal controls and increased accountability in government operations.
At the signing in ceremony at the Ministry of Finance and Economic Affairs, the UNDP Resident Representative, Ms. Ade Mamonyane Lekoetje, stated that the project is first of its kind emanating from our new Country Programme Document (CPD) 2017 – 2021. She thanked the Ministry for being the first to complete a project document in our new programming cycle.
For his part, the Permanent Secretary of the Ministry of Finance and Economic Affairs Mr. Abdoulie Jallow who signed on behalf of the Ministry of Finance and Economic Affairs stated that the project is not only relevant but timely. It is the first of its kind of support to the Ministry since the new administration came into power and will address key national priorities in economic management targeting inclusive growth and poverty reduction in the country.
This project response directly to our CPD and UNDAF Pillar one: Strengthening institutions responsible for economic management, governance and human rights.
The project will be implemented during the current CPD period 2017-2021. It will be nationally executed using the Central Project Management Unit of the Ministry of Finance and Economic Affairs. Project implementation will start in September 2017.