Credit IMF
Credit IMF
How some African countries are making public investment greener and more resilient...
Credit IMF
Credit IMF
How some African countries are making public investment greener and more resilient...
To help Sub-Saharan African (SSA) countries overcome public investment challenges and make public infrastructure greener and more resilient, an interregional seminar was held in Abidjan from May 30 to June 1, 2023. The workshop brought together 150 participants from 21 countries.[1]
The seminar comprised six thematic sessions:
(v) Session 5 presented an approach to public investment budgeting using the commitment’s authorization and credit payment (AE-CP) methodology. Benin and Burkina Faso elaborated on their national experiences. Participants noted that the adoption of the AE-CP methodology requires capacity development and a well-functioning financial management information system. It may also require piloting in selected ministries.
(vi) Session 6 analyzed the management of fiscal risks related to public infrastructure. It mainly focused on the identification, quantification, and budgeting of those risks, during which the Côte d’Ivoire shared their experience. The risks facing PPP projects were extensively discussed.
The seminar was organized by the IMF’s Regional Technical Assistance Centers for Central and Western Africa (AFC and AFW) in collaboration with the IMF’s Fiscal Affairs Department. It was realized with the financial support of GIZ and the Government of Japan through the Second Infrastructure Governance Facility project (IGF-II). The event included interactive lectures, the sharing of good practices in adopting PIMA and C-PIMA’s recommendations, and dynamic Q&A sessions.
[2] The DRC’s C-PIMA report is available at DRC PIMA - English version.pdf (imf.org).
