FSVC works to promote transparency and accountability in developing and emerging market countries by strengthening public financial management (PFM). On the supply-side, FSVC’s PFM programs promote international best practices in budget management and execution, cash management, procurement, internal controls and internal/external audit across government institutions. On the demand-side, FSVC also encourages transparency and accountability by training civil society organizations (CSOs) on best practices in budget advocacy, establishing coalitions and watchdog agencies, and launching media and public awareness campaigns.
Key FSVC indicators from 2011 to present:
- The creation and operationalization of the Jordanian Budget Alliance, a formal coalition of 11 CSOs working on open budget-related issues.
- The publication of the first-ever Citizens’ Budget (2015) and Mid-Year Review (2016) in Jordan.
- Improved communication between the legislative branch and the executive branch of government on budget issues, and significantly increased the participation of CSOs in the budget process in Jordan.
- Helped establish the CSO Budget Participation Group (GOSCOP), the first ever CSO budget monitoring coalition in Angola.
- Trained PFM trainers at the government institute for public finances in Angola to ensure sustainability.
- Launched e-platform (www.cabrane.com) with Tunisian Association of Public Auditors (ATCP) to allow citizens and CSOs to track government expenditures on public projects.
- Assistance resulted in the publication of the Ctizens’ Budget in Tunisia.
- Trained over 100 Zambian ministry officials on the adoption and implementation of the Integrated Financial Management Information System (IFMIS), an innovative software platform that enables government officials to account for public revenues and expenditures more effectively and transparently.