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Public Sector Financial Management Accreditation in Pakistan Ceremony Public Sector Financial Management Accreditation in Pakistan Ceremony

January 2017: The FATA Secretariat and the Government of Balochistan signed a Memorandum of Understanding (MoU) with the Auditor General of Pakistan (AGP) and the Association of Chartered Certified Accountants ACCA to develop a Public Financial Management (PFM) Accreditation Program. The MOU was signed by the Secretaries of Finance and Planning from FATA and Balochistan and Additional Auditor General of Pakistan.

 

The KP government is also planning a similar initiative. 

Under the MoU, a professional PFM certification specific to the governments' needs will be developed and delivered. This will support the development of requisite PFM expertise within the public sector by improving the knowledge base of government employees through provision of a certified education program.The ACCA certification will give international recognition to the qualification. MDTF’s Governance and Policy Projects (GPPs) will support the development and delivery of the programme targeting over 500 government officials, civil society representatives, and parliamentarians in the coming years.


This ground breaking initiative builds on the support provided by MDTF’s Governance Support Project in Round 1. 

This first Accreditation Program in the public sector in Pakistan will provide a portfolio solution to monitor investments by development partners in the public sector and will further strengthen donor harmonization for aid effectiveness, and  the government's own development investments. 

 ‘We commit to sustained results’ Patchamuthu Illangovan, Country Director World Bank Pakistan

 

August 5, Swat: “The Multi Donor Trust Fund for KP, FATA and Balochistan has reached an estimated 5.7 million people by improving services, supporting livelihoods and empowering communities. This has been possible through concrete partnerships, including with the Danish government. As we witness the impact of our work in Swat, we commit to sustained results in the coming years” said Mr. Patchamuthu Illangovan, Country Director World Bank Pakistan on a joint mission with Mr. Jakob Jakobsen, Deputy Head of Mission of the Embassy of Denmark to meet the beneficiaries of the MDTF. The MDTF is being supported by Denmark.


“By supporting Small and Medium Enterprises (SMEs) in areas which have been affected the most by the militancy crisis, we are witnessing a transformation of economy from low to middle income groups. As more jobs are being created and educational and vocational skills are being strengthened, we also see a stronger engagement and empowerment of the local communities, who are now making decisions that will promote peace, stability and economic growth in their areas. This is indeed remarkable progress”, said Mr. Jakob Jakobsen during a visit to the Islampur Handlooms Weaving Cluster in Swat district.


Islampur was one of the worst hit areas by insurgency and most of the inhabitants were forced to leave during the military operation in 2008-09. During the period, all handlooms were shut down and the stored raw material was damaged. Upon normalization of the situation, more than 400 SMEs of the Islampur cluster applied for rehabilitation grants under the Economic Revitalization of Khyber Pakhtunkhwa & FATA (ERKF) Project being implemented by MDTF. The Project has so far provided matching grants up to PKR. 9.885 million resulting in rehabilitation of around 152 handlooms leading to growth in business and jobs opportunities now and more for the future.

 
The delegation also visited the Al- Falah Public High School, which was one of the many educational institutes, which was blown up by militants and had to close down. Once it did reopen, the school was, like many other schools, fully or partially damaged and lacked basic infrastructure and facilities. With the support of the MDTF, the school is now fully operational with more than 650 students enrolled and 33 teachers.


Commenting on support to education, Mr. Jakobsen said that the damage that has been done to educational infrastructure has also led to a low level of education attainment and increasing gender disparities. He highlighted that if all children were given access to education, global poverty would drop by 12%.


In response to the 2009 militant conflict that displaced an estimated 2 million people, the Government of Denmark has since 2010 contributed a total of USD 12.1 million to MDTF to support the rehabilitation efforts in Khyber Pakhtunkhwa (KP), Federally Administered Tribal Areas (FATA) and Balochistan. Through eleven projects, the MDTF is supporting local services, growth and job creation and working on policy reform and governance including other interventions needed to build state-citizen trust and create conditions for sustainable development in the conflict affected areas.

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KP Investment Roadshow

 

The Government of Khyber Pakhtunkhwa (KP) organized an Investment Road Show (IRS) in Dubai on February 25, 2015, to mobilize the investment from the Pakistani and international diaspora of the UAE and Gulf countries. The initiative was supported by the KP, Federally Administered Tribal Areas (FATA) and Balochistan Multi Donor Trust Fund (MDTF) through the ‘Economic Revitalization of KP and FATA Project (ERKF). The development objective of the ERKF is to support the economic recovery and revitalization of the crisis-affected areas of KP and FATA, by creating sustainable employment opportunities through the rehabilitation of small and medium enterprises (SMEs), investment mobilization, and institutional capacity building. The Project commenced activities in October 2011, and has already provided matching grants to 1,030 SMEs operating in range of sectors including, marble, textile, furniture, education and retail across KP and FATA.

 

At the Dubai IRS, concrete sectoral proposals were presented in the sectors of energy and power, tourism, housing, agriculture and livestock and mines and minerals. Investment details including economic background, government facilitation/incentives, required net investments, returns on investments and pay-back timeframes for each. The IRS and follow-up meetings with the private investors, closed with the signing of 12 Letters of Intent worth US$1.2 billion proving to be a landmark event for KP’s efforts towards economic revival and growth.

 

Islamabad, Sunday, June 29, 2014 - MDTF condoles the death of Mr. Aslam Khan, Project Director, KP Emergency Roads Recovery Project on 29th June 2014. It was through his dedicated efforts that  the Swat Provincial Highway was constructed ahead of time and given additional resources for extension. The provincial highway provides social and economic benefits to an estimated 300,000 people.

 

Provincial highway

MDTF supported 40.9 Km of Provincial Highway extends from Chakdara to Kanju in Swat District

 

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Mr. Aslam Khan (late), Project Director KP Emergency Roads Recovery Project

Islamabad, Wednesday, January 15, 2014 - The Khyber Pakhtunkhwa Emergency Road Recovery Project (ERRP) received additional financing of USD 9 million to reconstruct an additional 14 km of the Swat Provincial Highway. To date 15.5 km have been reconstructed under the project. The road benefits an estimated 300,000 people. Students are able to get to school on time, patients have faster access to nearby medical facilities and many others continue to benefit from the lower transport and vehicle operating costs and reduced travel time that the highway offers.

Islamabad, Friday 29, November 2013 – The Danish Government and the World Bank signed an agreement today regarding Denmark’s contribution of USD 5 million in support of the Multi Donor Trust Fund (MDTF) for Khyber Pakhtunkhwa (KP), Federally Administered Tribal Areas (FATA) and Balochistan. This brings the total contribution by the Danish Government to USD 12.1 million (Denmark contributed USD 7.1 million in 2010).

25 marble mines identified for support and 750 jobs to be created

ISLAMABAD: September 17, 2013 – The Khyber Pakhtunkhwa (KP), Federally Administered Tribal Areas (FATA) and Balochistan Multi Donor Trust Fund (MDTF) announced today the approval of a US$ 9 million grant for the Competitive Industries Project for KP (CIPK).


ISLAMABAD: 28 January, 2013 – The Khyber Pakhtunkhwa (KP), Federally Administered Tribal Areas (FATA) and Balochistan Multi Donor Trust Fund (MDTF) announced today the approval of a USD 18 million grant for the KP Southern Area Development Project.