To enhance the administration and monitoring of the initiatives it funds or co-finances in Madagascar, the African Improvement Financial institution (www.AfDB.org) carried out a two-day coaching for Malagasy authorities officers concerned within the supervision of those duties.
The workshop, held on 11 and 12 June 2024, in Antananarivo, introduced collectively Malagasy challenge managers, together with administrative and finance officers, and representatives from the Financial institution Group’s Public Debt Directorate.
Organised collectively by the Financial institution’s Nation Workplace in Madagascar and its Disbursements Division, the workshop targeted on the Financial institution’s disbursement guidelines and procedures, with a view to enhancing expenditure efficiency for Financial institution-financed initiatives.
Abdoulaye Kane, head of the Disbursements Division within the Financial institution’s Monetary Management workforce, said, “The purpose of the workshop, which was to construct the capability of the administration items chargeable for initiatives funded by the Financial institution Group, was achieved. Understanding the procedures will enhance the standard of the documentation despatched to the Financial institution.” He added that the improved documentation high quality will allow quicker processing and improve Madagascar’s capability to soak up funding from the Financial institution Group.
Mandimbisoa Heriniaina, an accountant chargeable for reviewing challenge disbursement requests within the Financial institution Group’s Public Debt Directorate, lauded the coaching strategy and readability of the solutions supplied. “We’re dedicated to creating good use of the coaching outcomes, which ought to enhance the standard of the paperwork we ship to the Financial institution,” Heriniaina stated.
Rahaniraka Haingotiana, Head of Madagascar’s Exterior Help and Debt Division, thanked the Financial institution Group for the standard of the coaching, and expressed satisfaction that challenge administration items are actually outfitted to provide high-quality documentation that may help quicker disbursement of challenge financing. “We suggest that these programs are run recurrently,” she added.
Adam Amoumoun, Head of the African Improvement Financial institution’s Nation Workplace in Madagascar, stated: “This course will enhance the connection between stakeholders concerned within the implementation of initiatives funded by the African Improvement Financial institution Group, and the affect of the workshop will likely be measured within the coming months by means of the disbursement efficiency achieved.”
Distributed by APO Group on behalf of African Improvement Financial institution Group (AfDB).
Media contact:
Alexis Adélé
Communication and Exterior Relations Division
media@afdb.org
In regards to the African Improvement Financial institution Group:
The African Improvement Financial institution Group (AfDB) is the premier multilateral financing establishment devoted to Africa’s improvement. It contains three distinct entities: the African Improvement Financial institution (AfDB), the African Improvement Fund (ADF) and the Nigeria Belief Fund (NSF). The AfDB has a subject presence in 41 African international locations, with an exterior workplace in Japan, and contributes to the financial improvement and social progress of its 54 regional member states. For extra info: www.AfDB.org