Reporting
of State-Owned
Enterprises
in
fiscal reports
October
20-27 |
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The
relationship between
governments and state-owned
enterprises (SOEs) is not
always straightforward, and
good reporting of transactions
with the government arches, as
well as information
about guarantees provided to
their debt is often of poor
quality or not available.
Considering the relevance and
complex nature of the topic,
as part of the Fiscal
Openness Accelerator Project
(FOA Project) in which the
International Budget
Partnership and the Global
Initiative for Fiscal
Transparency are supporting
the technical capacity of
selected governments—Benin,
Liberia, Nigeria, Senegal and
South Africa—in October we
hosted three workshops on the
topic, in collaboration with
CABRI and with the
participation of the IMF and
PEFA.
The
videos and materials of the
sessions are now available for
everyone in English and
French. Click on the links
below that will skip to any
topic of your interest:
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Session
1. Framing of SOEs
reporting in the context
of Fiscal Transparency
and progress in FOA
countries. Videos
and materials in English
and/or French click here
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SOEs
reporting in the
context of fiscal
transparency, what
does it mean–
GIFT
Eng
10’
Fr
11’ |
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Why
SOE’s (and public
entities) reporting
matters–
CABRI – Danielle
Serebro
Eng
45’
Fr
46’ |
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Update
of work with Liberia
and Nigeria–
Kubai Khasiani from
AFRITAC West 2
Eng 35’
Fr 36’
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Managing
Public Wealth–
What do Public
Sector Balance Sheets
(PSBSs) look
like, and how have
they evolved? How to
manage financial and
non-financial risks to
PSBS? How can the PSBS
approach strengthen
fiscal policy? Jason
Harris, Fiscal Affairs
Department, IMF
Eng
77’
Fr
78’
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Session
2. Information flows for
reporting SOEs transactions
with government, including
integration through FMIS. Videos
and materials in English
and/or French click here
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Gaps
in recording,
monitoring, and
reporting of
reliable and
comprehensive
transactions with
SOEs- Sybi
Hida, Fiscal Affairs
Department IMF
Eng
7’
Fr
7’ |
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Liberia- Reaction
on progress and
challenges for
recording and
monitoring SOEs
transactions with
government. Benedict
G. Fully, Director of
the SOEs Unit
Eng
57’
Fr
58’ |
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South
Africa– How
are SOEs consolidated
as part of government
financial statistics
and budget reports
(information flows and
integration
issues—different
accounting standards,
different information
systems, duplication
of reporting
requirements to the
boards and to
oversight departments,
oversight capacity)
Sheila Thipe, National
Treasury
Eng 71’
Fr 71’
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Nigeria–
Why it was decided to
incorporate SOEs into
the GIFMIS, progress
and challenges with
those with internally
generated revenue.
Samuel Omenka, Budget
Office of the Ministry
of Finance, Budget and
National Planning.
Eng
101’
Fr
101’
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Session
3. Reporting and
management of guarantees
to SOEs and the link with
fiscal risks. Videos
and materials in English
and/or French click here
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Gaps
in recording,
monitoring, and
reporting of
reliable and
comprehensive SOEs
guarantees- Johan
Krynauw, CABRI
Eng
5’
Fr
5’ |
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Liberia-
Approval and
reporting of
guarantees to SOEs.
Benedict Fully, Head
of the SOEs Unit at
the Ministry of
Finance Liberia
Eng
30’
Fr
30’ |
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| Q&A
to CABRI and Liberia and
discussion
Eng 40’
Fr
40’
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Fiscal
risks statements. Methodology
for development and
process and examples-
Robert
Clifton, AFRITAC South
Eng
60’
Fr
60’ |
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Using
PEFA Assessments for
improving reporting
comprehensiveness–
Antonio Leonardo
Blasco, PEFA
Eng
88’
Fr
88’ |
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Fiscal
Stress Test–applied
to COVID-19. New
methodology, Camilo
Gómez Osorio AFRITAC
South
Eng
108’
Fr
108’
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UN
World Data Forum
United
Nations
October 12-21
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This
October, the UN World
Data Forum brought
together data experts and users.
GIFT network representatives
gathered to spur data
innovation, mobilize high-level
political and financial support
for data, and build a pathway to
better data for sustainable
development.
Watch our session about fiscal
data for emergencies with
Zukiswa Kota, PSAM-South Africa;
Leonardo Buitrago, Ministry of
Finance- Colombia; Pedro Arizti,
World Bank; Suad Hassan,
International Budget
Partnership.
Click here and
send us your comments!
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2020 GIFT General
Stewards Meeting
Sessions are access free
and available on
YouTube!!
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Topics
include:
- GIFT
Stewards: Plans, commitments
and updates
- Trends
in digital fiscal
transparency
- Evaluating
fiscal transparency
- Open
Government’s focus on
stimulus and economic
recovery policies
- Public
Participation in fiscal
policies
- Accountability
and fiscal transparency in
COVID-19
- Tax
reform in the context of the
pandemic: the civil society
perspective
- Modernization
of Financial Management
Information Systems
- Experience
and practices on the use of
fiscal transparency to
reduce gender gaps and
gender based violence
See
on video the state of the
art on those important
subjects, with great
presentations and very
interesting discussions!
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Keep
the Receipts!
PSAM
– OpenUp
October |
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In
the interests of
promoting proactive
disclosure of public
procurement data, our
stewards from South
Africa, PSAM partnered
with OpenUp to develop
a tool to track
COVID-19 contracts
across South Africa.
The platform is a
work-in-progress that
has been built with
support of activists
that have contributed
their time to scrap
data from the PDFs and
unstructured data
published by the
governments. This
platform is meant to
facilitate filtering
and analyzing data by
journalists, activists
– all South Africans!
Explore
the goods and services
ordered by national
and provincial
departments and public
entities in response
to COVID-19: https://keepthereceipts.org.za/
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OpenGov
Digital Youth Summit
Accountability
Lab, Open Government Partnership
October 27-28 |
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This
October, the OpenGov
Youth Digital Summit
provided an
opportunity to connect
and engage young
people around the
world. The Summit
brough together young
activists, students,
professionals, and
more for an
international
dialogue, brainstorm,
and skill-building
conference, to engage
into sector
conversations,
becoming equal
stakeholders in their
national open
government movements.
Watch
the different
conversations
following AccountabiltyLab’s
social media.
GIFT participated in
the session COVID-19,
Youth and Open
Contracting that can
be watched here.
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Senegal
PEFA Report 2020
October
2020
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Senegal’s
public finance management
(PFM) system was subjected
to a performance assessment
following the PEFA framework
methodology in 2007 and then
in 2011. This new assessment
aims to draw up an inventory
of the performance of
Senegal’s PFM system, to
measure its evolution since
the previous assessment, and
to highlight the current
strengths and weaknesses of
the system. These results
will feed into discussions
with a view to updating the
Budgetary and Financial
Reform Plan. The report is
available, now with PEFA
check in this link https://www.pefa.org/node/416.
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