• Economic Growth and Environment

Ministries of Finance and Economic Planning of Rwanda, Malawi and the Gambia meet on development effectiveness and financing

The Ministry of Finance and Economic Planning of Rwanda (MINECOFIN) hosted delegations from its counterparts in the Malawi and the Gambia in the course of 2-4 of September. The learning exchange focused on learning from Rwanda’s experience in development cooperation and putting in place an effective institutional framework and mutual accountability mechanisms in place to manage aid and other financial flows. Delegations were impressed with the efficiency and regularity with which MINECOFIN assesses the quality of ODA Rwanda receives annually. This is done through the Donor Performance Assessment Framework (DPAF), which has a set of 22 indicators and related targets focusing on the use of country systems (procurement, public financial management), the predictability of aid, the adherence to the Division of Labor agreement, which requires development partners to work in no more than 3 sectors, among others.

The teams from the three countries also exchanged experiences and views on progress and challenges in domestic resource mobilization and mobilizing other financial flows from public and private sources, such as remittances, climate change financing, raising funds through the domestic and international financial markets, etc.

The Malawi and the Gambia delegations also met with the UN Resident Coordinator and UNDP Resident Representative Mr. Lamin Manneh who underscored the significant progress the One UN Team in Rwanda has made in Delivering as One, meeting all of the protocols agreed in New York to set up a rationalized and effective UN presence in the country with the support of GoR and in particular that of MINECOFIN as a Chair of the One UN Steering Committee.

The learning exchange is part of a series of exchanges that MINECOFIN hosts each year. This one was facilitated by UNDPs’ Country Offices in the three countries.