Coordination Committee for Public Finance Reform, under Ministry of Finance of DRC / Comite d'Orientation de la Reforme des Finances Publiques

Coordination Committee for Public Finance Reform, under Ministry of Finance of DRC / Comite d'Orientation de la Reforme des Finances Publiques

General
Contacts 7
Tenders 129
Grants 0
Jobs 0
CSP 0
Contractors 0
Awards 0
Last update: 11 days ago Last update: 25 May, 2023
General
Contacts7
Tenders129
Grants 0
Jobs 0
CSP 0
Contractors 0
Awards 0

Details

Office: Dem. Rep. Congo
Address: 16, Avenue Comité urbain, commune de la Gombe, Kinshasa
E-mail(s): info@coref.cd
Contact person: Secretary
Sectors: Macro-Econ. & Public Finance, Public Adm ... See more Macro-Econ. & Public Finance, Public Administration
Nr. of employees: 11-50
Types: Government Body Government Body
Status: Active

Attachments

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Description

COREF's mission is to promote, facilitate, coordinate and monitor the implementation of public finance reforms in the departments and ministries of both the central government and the provinces.

It ensures coherence and coordination of the different support of technical and financial partners to avoid duplication and waste of resources. On this, COREF's responsibilities can be summarized as:

Design and propose the orientations and objectives of public finance reforms;
Stimulate dialogue and exchange on issues related to public financial management both inside and outside the public sector;
Provide guidelines for the work of the technical teams of the various ministries and public bodies on the basis of the policies and measures adopted by the Government in economic and financial matters;
Examine and, where appropriate, the technical files of public finance reform prepared by the competent services of the public administration or its technical secretariat;
Ensure the dissemination of financial reforms to Technical and Financial Partners, civil society and the public;
Approve work plans, estimated budgets, activity reports, budget execution reports, and financial statements prepared by and for its technical secretariat;

Steering the reform

Political steering

The political steering of the public finance reform strategy is ensured by the Minister in charge of Finance.

In close collaboration with the Minister in charge of the Budget, they remove the policy options on the actions and measures of the reforms included in the Priority Action Plan.

Technical and strategic steering

Strategic and technical steering of public finance reform is provided by COREF.

In this capacity, he is responsible for:

Design and propose the orientations and objectives of public finance reforms;
Stimulate dialogue and exchange on issues related to public financial management both inside and outside the public sector;
Provide guidelines for the work of the technical teams of the various ministries and public bodies on the basis of the policies and measures adopted by the Government in economic and financial matters;
Examine and, where appropriate, endorse the technical files of public finance reform prepared by the competent services of the public administration;
Ensure the dissemination of financial reforms to Technical and Financial Partners, Civil Society and the public.

COREF is at the center of the coordination mechanism of the public finance reform process; it is the interface between the operational level and the political level.

Permanent framework for consultation and monitoring of public finance reform

To strengthen the steering of public finance reform, a memorandum of understanding has been signed between the Government and development partners for the establishment of a permanent framework for consultation and monitoring of public finance reforms.

The establishment of this framework is justified by the need to strengthen the coordination and consultation in the area of economic governance at the level of public finance reform in order to ensure regular monitoring and effective implementation of the actions provided for in the plan. priority actions.

This framework complements the current institutional framework for steering public finance reform.

This framework meets quarterly under the chairmanship of the Minister of Finance to assess progress in the implementation of public finance reforms and provide guidance to drive the smooth implementation of public finance reforms.

This framework is a permanent forum for dialogue between the Government and the technical and financial partners to address in a coordinated and efficient way the different issues of public finance reform.

It ensures the following missions:

Monitor the implementation of reforms including priority action plans and their subsequent update;
Examine the difficulties faced by COREF and other actors and specifically those in charge of implementation in order to provide appropriate solutions or, where appropriate, to alert the highest authorities;
Boost reforms and encourage different stakeholders;
Discuss the sequence, order of priorities and timeline of activities and action plan agreed with all stakeholders;
Monitor performance indicators and results in relation to PEFA indicators;

Country eligibility

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Circumstantial eligible countries

No information available

Tender Management Modes

Financing agencies
WBAFDEC98.5%
RegionsTotal
WB128
AFD1
EC1
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