Organised by
- Government of Bangladesh (Ministry of Finance)
- United Nations Development Programme (UNDP)
Summary
Whilst at international level we seek to forge the necessary agreements on financing for development, at the country level there is an on-going challenge to manage an increasingly complex landscape of development finance. The challenges are well known. There are different modalities for accessing different types of international public finance. National fiscal planning and budgeting systems are often not optimal for promoting an integrated approach to managing development finance. More needs to be done to understand how different flows- domestic and external; public and private- can be brought together to achieve development goals.
Regional platforms such as the Bangladesh-led Asia Pacific Development Effectiveness Facility (AP-DEF), the Pacific Islands Forum Secretariat (PIFS), and NEPAD’s Africa Platform for Development Effectiveness (APDev) can ensure that country innovations and good practices on managing finance can be shared across countries. These platforms help highlight barriers and constraints at country level which can in turn inform monitoring and implementation of international commitments.
This side event will showcase how development partners, governments, and regional organizations are working together to help align finance with national development goals, and will allow a discussion of how regional platforms can play a role in future implementation of the Addis Ababa Accord.
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