PowerPoint Presentation
FINAL PROJECT DIGITAL ARTIFACT
ON
FINANCE FOR DEVELOPMENT
7th December, 2015DESIGNS/IMPLEMENTATIONS OF DONORS PROJECT IN
FINANCE FOR DEVELOPMENT
BYNKORO, NKORO E.12/8/2015 Dec., 2015 Nkoro Nkoro (Final Project
Digital Artifact Finance for Development1
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WHO IS THE TARGET AUDIENCE FOR THIS PROJECT?The General Public,
Government Officials, Policy Makers, International & National
Non- Governmental Organizations (NGOs), Multinational & Local
Companies, Philanthropists, Banks, Traditional Rulers etc.
12/8/2015 Dec., 2015 Nkoro Nkoro (Final Project Digital Artifact
Finance for Development2
OVRVIEWFinance for Development which is a new course or program
from the World Bank Group that seek to allow the individuals,
groups, nations and even the world to have a better understanding
and knowledge towards what is finance and how its being used in
regards to development especially as focus is now on Sustainable
Development Goals (SDGs) which had replace Minillium Development
Goals (MDGs).The sustainable development goals (SDGs) are a new,
universal set of goals, targets and indicators that UN member
states will be expected to use to frame their agendas and political
policies over the next 15 years.
The SDGs follow and expand on the millennium development goals
(MDGs), which were agreed by governments in 2001 and are due to
expire at the end of this year.Finance for Development is how money
and resources are being use and utilized in managing funds used in
donor projects/programmes12/8/2015 Dec., 2015 Nkoro Nkoro (Final
Project Digital Artifact Finance for Development3
LESSONS LEARNT That Finance for development should be
sustainable as coined from SDGs concept of Sustainable
DevelopmentThat Tax being another means of finance for
developmentCommercial finance as part of innovative finance the
World Bank Group and ODA uses to finance development and
investmentsBillions to Trillion concepts and our
contribution12/8/2015 Dec., 2015 Nkoro Nkoro (Final Project Digital
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OBSERVATION/PROBLEMSAs a Development worker in one of the Donor
Project in over 6 six years, and as part of my interactions,
trainings, workshops, etc regarding donor funded projects, the
designs and its implementation been a great concern to me and even
to others, especially implementers of donor funded project.I have
observed that the period between a project design and its actual
implementation time is always a long gap that spanned from one year
to almost 5 years before the project eventual start
operation/implementation. This leads to some issues associated with
Exchange rate differences, under/over budgeting, political
environment instability/policy, economical policies of the
benefitting nations, etc.
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OBSERVATION/PROBLEMS (contd)Exchange rate differences: This
causes the project during implementation to have setbacks, because
between the project design and its implementation, a long gap had
been created causing either over loss/gain in exchange rate
difference Under/over budgeting: When Project(s) are either under
or over budgeted during project design, you discovered that when
its actual implementations commences, there are always big
gap/differences, and these affect cost and finance management, that
either what was costed before could be over costed or under costed
Political environment: the instability and or polictal policy of
the economy can hinder the gap between project design an
implementationEconomics policies of the benefitting nations, etc.
can also be barriers to problem associated with the gap/difference
between project design and implementation.
12/8/2015 Dec., 2015 Nkoro Nkoro (Final Project Digital Artifact
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PROBLEMS ENCOUNTERED IN FUNDED DONOR PROJECTS IN SOME DEVELOPING
COUNTRIESBenefitting contribution by the benefitting
group/individualsCounterpart fund payment/contribution by
governmentInadequate envelop to entertain all request by
communitiesCost provided in the project document is inadequate to
finance projects/subprojectsSustainability of some activities
arising out of lack of cohesion of group members/groups
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RECOMMENDATIONSI do recommend that if these few issues I have
raised are met and resolve strategically and innovative/creative
Monitoring and Evaluation towards donor funded projects is also
used, it will help to actualize our aims towards SGDs and finance
for development will become more effectively utilized and
harness.
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THANKforYOUR time U Dec., 2015 Nkoro Nkoro (Final Project
Digital Artifact Finance for Development12/8/20159
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