Strengthening public finance management in Africa : linking planning, budgeting and results for sustainable development: concept note

Abstract

Since the adoption of the sustainable development goals, much of the literature on financing for development has centered on domestic resource mobilization and the role of private finance. In Africa the cost of meeting the SDGs has been estimated at between $614 - $638 billion a year between 2015-2030, with a significant proportion required for infrastructure, raising the quality of public services for education and health, job creation and climate change action. These indicators, understandably, raise concerns on how to improve the overall efficiency of national financing strategies for African countries, especially with the urgency of agenda 2030. The overall objective of this Study is to help improve resource allocation and the efficiency of public expenditure towards sustainable development in Africa. The study will achieve this objective through improving the capacity of African countries to adopt complementary planning and budgeting processes; and strengthen public financial policy frameworks which are responsive to national priorities and produce measurable results.