Institutions and Processes in Public Finance Management in Sudan: Assessment and View for Remedy
Jul 10, 2013
The importance of sound public finance management (PFM) of financial resources has been recognized as a pre-requisite for the efficient utilization of these resources for post conflict recovery and the fight against poverty. This recognition has been the case at all of the international, regional levels but more so in the context of Sudan.
Two years after the signing of the Comprehensive Peace Agreement (CPA), the challenges for both the Government of National Unity (GONU) and that of Southern Sudan (GOSS), remain as ever tremendous. Recovery from conflict in the form of reconstruction and development pose challenges that are further aggravated in light of the lower than expected post-peace donor flows. In addition, the high levels of poverty and disparities in human development that characterize Sudan must be addressed if the dividends of peace are to be realized and progress towards achieving the Millennium Development Goals (MDGs) is to be made.
Moreover, the co-existence of higher poverty levels (both urban and rural) and the increasing dependence on oil revenues render the issue of sound management of public financial resources an urgent priority that is increasingly becoming a major concern for the general public (the general population and the taxpayers).