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United Nations Department of Economic and Social Affairs Sustainable Development

Strengthening the Technical Capacity of Public Finance Managers in Caribbean Small Island Developing States (SIDS) to Manage their Public Finances.

UNECLAC Subregional Office for the Caribbean, Port of Spain, Trinidad and Tobago
#SDGAction40060
    Description
    Description
    The partnership's objective is to increase the capacity of policy makers and public finance managers in the selected countries to apply the methods and techniques of the training and resource materials to improve the management their public finances to more effectively control deficits and debt and thereby to increase resources for sustainable development programmes.
    Implementation of the Project/Activity

    The aims and objectives of the partnership will be achieved through an integrated logical framework. This would entail a diagnostic study to assess directly the current skills and knowledge of public finance managers and the techniques and procedures they employ in fiscal management. This would be followed by the development of training modules in areas such as budget execution, financial programming and expenditure management that are informed by the diagnostic assessment. In addition, a complete reference guide will be developed for use by future trainees in their daily fiscal management activities. Thereafter, training workshops will be carried out in the selected countries in the areas contained in the modules and focused on balancing theory and practical, hands-on issues.

    Capacity

    The project will ensure capacity of building and technology transfer through the training activity, the provision of a reference training manual for public finance managers to use in their day to day work. In addition, policy makers will be encouraged to implement necessary administrative upgrades to facilitate the incorporation of the skills and knowledge learned into daily fiscal management. This would include computer and information systems upgrades. Policy makers also will be encouraged to make provision for the training of new staff to ensure continuity and sustainability of the training. ECLAC and ILPES will remain available to provide necessary support.

    Governed

    The partnership will be governed by the ECLAC Port of Spain office in collaboration with the Programme Planning and Operations Division in ECLAC Headquarters in Chile. The two agencies will determine the allocation of tasks among the implementing agencies and consultants. These will include the development of the training modules in areas such as budget execution, financial programming and expenditure management; the conducting of the training and post-training evaluation to ensure that knowledge and techniques of the training are incorporated into public finance management systems to improve these systems and that ongoing training programme is implemented to ensure the sustainability of the project.

    Partners
    Instituto Latinamericano y del Caribe de Planificacion Economia y Social (ILPES), the University of the West Indies Consulting (UWI Consulting), CARTAC, Private Consultants and experts in the field.

    Goal 8

    Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

    Goal 8

    8.1

    Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7 per cent gross domestic product growth per annum in the least developed countries
    8.1.1

    Annual growth rate of real GDP per capita

    8.2

    Achieve higher levels of economic productivity through diversification, technological upgrading and innovation, including through a focus on high-value added and labour-intensive sectors

    8.2.1

    Annual growth rate of real GDP per employed person

    8.3

    Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services

    8.3.1

    Proportion of informal employment in total employment, by sector and sex

    8.4

    Improve progressively, through 2030, global resource efficiency in consumption and production and endeavour to decouple economic growth from environmental degradation, in accordance with the 10-Year Framework of Programmes on Sustainable Consumption and Production, with developed countries taking the lead

    8.4.1

    Material footprint, material footprint per capita, and material footprint per GDP

    8.4.2

    Domestic material consumption, domestic material consumption per capita, and domestic material consumption per GDP

    8.5

    By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value
    8.5.1

    Average hourly earnings of female and male employees, by occupation, age and persons with disabilities

    8.5.2

    Unemployment rate, by sex, age and persons with disabilities

    8.6

    By 2020, substantially reduce the proportion of youth not in employment, education or training
    8.6.1

    Proportion of youth (aged 15-24 years) not in education, employment or training

    8.7

    Take immediate and effective measures to eradicate forced labour, end modern slavery and human trafficking and secure the prohibition and elimination of the worst forms of child labour, including recruitment and use of child soldiers, and by 2025 end child labour in all its forms

    8.7.1

    Proportion and number of children aged 5‑17 years engaged in child labour, by sex and age

    8.8

    Protect labour rights and promote safe and secure working environments for all workers, including migrant workers, in particular women migrants, and those in precarious employment

    8.8.1

    Fatal and non-fatal occupational injuries per 100,000 workers, by sex and migrant status

    8.8.2

    Level of national compliance with labour rights (freedom of association and collective bargaining) based on International Labour Organization (ILO) textual sources and national legislation, by sex and migrant status

    8.9

    By 2030, devise and implement policies to promote sustainable tourism that creates jobs and promotes local culture and products

    8.9.1

    Tourism direct GDP as a proportion of total GDP and in growth rate

    8.10

    Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for all

    8.10.1

    (a) Number of commercial bank branches per 100,000 adults and (b) number of automated teller machines (ATMs) per 100,000 adults

    8.10.2

    Proportion of adults (15 years and older) with an account at a bank or other financial institution or with a mobile-money-service provider

    8.a

    Increase Aid for Trade support for developing countries, in particular least developed countries, including through the Enhanced Integrated Framework for Trade-Related Technical Assistance to Least Developed Countries
    8.a.1

    Aid for Trade commitments and disbursements

    8.b

    By 2020, develop and operationalize a global strategy for youth employment and implement the Global Jobs Pact of the International Labour Organization

    8.b.1

    Existence of a developed and operationalized national strategy for youth employment, as a distinct strategy or as part of a national employment strategy

    1.Training modules ( clear, concise modules that can be readily used)
    2.Training Reference manual (clear and comprehensive manual)
    3.Training Sessions (logical and hands-on training sessions)
    Follow-up/Evaluation of project (evidenced-based assessment of progress)
    Staff / Technical expertise
    Staff will assist with coordinating the activities of experts and trainers, help with delivering aspects of the training and participate in the monitoring and evaluation of the project for success and sustainability.
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    False
    Action Network
    Small Island Developing States
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    Timeline
    15 December 2017 (date of completion)
    Entity
    ECLAC
    SDGs
    Region
    1. Europe
    Website/More information
    N/A
    Countries
    N/A
    Contact Information

    Diane Quarless, Director, ECLAC Subregioanl Headquarters for the Caribbean