Posted by Tomoaki Tanaka
The Japanese International Cooperation Agency (JICA) is the world’s largest bilateral development institution, with a budget in 2013 of more than one trillion yen. Out of this budget, 177 billion yen was disbursed on technical cooperation (TC), the remainder on overseas development loans and grants. JICA’s operations cover a variety of sectors, such as Planning and Public Administration, Public Works (infrastructure), Agriculture, Education, Health & Medical Care, and Energy, Commerce & Tourism. JICA is represented in over 150 countries and regions, and has more than 100 overseas offices. Much of JICA’s TC is focused on South and South-Eastern Asia, but other regions where it is active include the Pacific, Latin America, the Middle East, Africa, and Eastern Europe.
Public financial management (PFM) has become one of JICA’s most important areas of TC. In JICA’s view, effective PFM systems are fundamental to the development process. If such systems are not in place, the flow and control of financing for key development projects may be jeopardized.
- JICA’s Technical Cooperation in PFM: Key Principles&uri=http%3A%2F%2Fblog-pfm.imf.org%2Fpfmblog%2F2015%2F06%2Fposted-by-tomoaki-tanaka1-the-japanese-international-cooperation-agency-jica-is-the-worlds-largest-bilateral-developm.html" class="first">Email this
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