Posted by Richard Allen
How do finance ministries go about performing their tasks, what do they look like as organizations, and does it matter how they are organized? What makes a finance ministry capable of doing its job?
The Overseas Development Institute (ODI) has published a report investigating the capabilities of finance ministries, based on case studies of Germany, Mexico, Nepal, Uganda, Sierra Leone, South Africa, the United Kingdom, and Vietnam. On June 6, 2016, Her Majesty’s Treasury (the U.K’s finance ministry) and the ODI organized a High-Level Roundtable to discuss the findings of the report. Opening remarks were made by the Rt Hon Greg Hands, Chief Secretary to the Treasury, and were followed by a presentation of ODI’s report, remarks by H.E. Do Hoang Anh Tuan, Vice Minister of Finance of Vietnam, and Edmund Koroma, Financial Secretary of Sierra Leone, and a general discussion. Participants in the Roundtable included representatives of the Treasury, ODI, the IMF, think tanks, consultancy firms, academia as well as specialist media. In the afternoon, a workshop was held to discuss the ODI’s report with a wider audience of experts and practitioners.
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