Sustainable development recognizes that growth must be both inclusive and environmentally sound to reduce poverty and build shared prosperity for today’s population and to continue to meet the needs of future generations. It must be efficient with resources and carefully planned to deliver immediate and long-term benefits for people, planet, and prosperity.
Read More »
WASHINGTON, March 30, 2015 — The World Bank Group’s Board of Executive Directors today approved an International Development Association (IDA) credit in the amount of US$50 million to boost Mozambique... Show More +’s efforts to increase access to food and better nutrition for its people, and to promote market-based agriculture and private sector investment. This financing is the second of a series of three agriculture budget support operations that finance a medium-term agriculture sector reform program in Mozambique.While Mozambique’s agriculture competitiveness has increased over the years, the sector is largely characterized by low productivity. Turning agriculture into an engine for achieving broad-based economic growth and accelerated poverty reduction will require reforms to increase private sector participation, public investments, and an enabling business environment. “This operation seeks to tackle some of the key policy and institutional reform priorities to address the binding constraints facing the agriculture sector in Mozambique,” said Mark Lundell, World Bank Country Director for Mozambique, Madagascar, Mauritius, Seychelles, and Comoros. “Agriculture offers scope to narrow persistent income disparities between rural and urban areas and to reduce poverty in regions that benefitted little from the economic gains of recent years.”This operation represents a dialogue platform to engage in a medium-term reform program with the Government and other sector stakeholders in alignment with the country’s agriculture development program and policy priorities. It specifically supports reforms to improve agricultural technology, enhance access to productive assets and financial services, and improve monitoring of sector performance.“Agriculture in Mozambique employs over 70 percent of the workforce and contributes to more than 25 percent of the country’s GDP,” said Jan Joost Nijhoff, Senior Agriculture Economist and Task Team Leader for the operation. “Stronger agricultural competitiveness, based on improved productivity and more effective markets, would potentially spur growth in exports and reduce Mozambique’s import bill for agricultural commodities. Moreover, increased productivity will enhance food security among rural households.”The reform agenda supported by this operation is consistent with the objective of the country’s poverty reduction strategy to reduce rural poverty by developing the agriculture sector, and is aligned with the National Agriculture Sector Investment Plan (PNISA) developed under the African Union’s Comprehensive Africa Agriculture Development Program (CAADP) agenda, which provides a common framework for agriculture sector development on the continent. Show Less -
Structured around 8 modules, the e-course is unique in how it focuses on helping local governments solve municipal problems, connecting urban planning, investment programming and financing so they can... Show More + move forward on reforms. It also brings together many different agendas: on one side — governance, accountability, social inclusion and citizen engagement, all concerned with the transparency in the use of public funds and, on the other side — public finances, infrastructure, land, PPPs all concerned with efficiency of public expenditures. “Local governments stand in the middle of these two large agendas, and need to make tough choices. What we try to do in this e-course is to unbundle these challenges and present a menu of solutions in a compelling and palatable way,” said Farvacque-Vitkovic.According to a survey of participants of the Fall 2014 course, 95% considered it highly relevant to their daily work. Some found the opportunity to familiarize themselves with management tools particularly useful, such as multi-year budgeting and capital improvement planning, design of revenue enhancement programs, borrowing strategies, and cost recovery schemes that focus on financial and equity concerns. A Municipal Finances Self-Assessment Tool (MFSA) included in module 7 enabled participants to work through their own situation and identify pathways for reforms.Creating a global community of practitionersParticipants also favored the course’s ability to connect a global community of practitioners facing similar local challenges through a discussion forum led by core participants. In the Fall 2014 session, successful participants represented 43 countries covering all regions of the world.“I particularly liked the discussion forums where each one of us could share our experiences and exchange ideas related to Municipal Finance,” said a participant, explaining how the forum helped them learn from each other.A participant from India said, “Frequent discussions have been extremely helpful in understanding the intricacies of existing systems, methodologies and approaches in municipal corporations in other nations.”Participants are already beginning to apply their knowledge to their daily work, to boost revenue collection, improve on reporting systems for greater transparency and accountability, make effective use of external resources, manage and utilize assets more efficiently, as well as conduct training of local authorities.The e-course is being conducted twice yearly, with the latest delivery beginning today, March 30, 2015. The 858 participants in this latest edition amount to an enrollment increase of almost 70% over the Fall offering that shows the growing interest in training on this area. The next course will be offered in Fall 2015. Show Less -