WHAT
IS FIMANET?
FIMANET is the African Capacity Building Foundation’s
(ACBF) continental and global network of African
and non-African professionals with vast knowledge
in issues relating to capacity building in the
area of financial management and accountability.
MEMBERSHIP OF FIMANET
Members are drawn from social science and development
management disciplines and are accomplished
development managers, policy analysts and practitioners,
and researchers with extensive experience in
the development and appraisal of financial
management and accountability projects, design
of financial architecture and accountability
frameworks, applied policy research, and knowledge
management in the area of financial management
and accountability.
OBJECTIVES
The main objective of FIMANET is to help strengthen
ACBF's internal capacity and enhance its access
to a wider pool of experts in the strengthening
of policy analysis capacity of national parliaments
and parliamentary institutions. FIMANET was
established to support the activities of
ACBF Secretariat
in the core competence area – “Financial
Management and Accountability”, and,
where possible, provide the Foundation’s
other knowledge networks an idea management
tool
through which they can broaden consultation
and seek
responses to specific issues and questions
relating to capacity building. FIMANET operates
to achieve
other objectives. It serves as:
- an institutional
support for reviewing aspects of the
Foundation’s
activities and adding value to its operations;
- an
idea management tool for ACBF Secretariat
to seek professional opinion on issues
and discuss ideas in greater depth; and global network for sharing knowledge,
especially experiences and best practices,
in the field
of capacity building for economic policy analysis
and management.
ACTIVITIES
On an annual basis, FIMANET undertakes
the activities listed below:
- ANNUAL POSITION
PAPER
FIMANET is expected to prepare a position
paper on developments relating to
the state of economic
policy reforms and management on the
African continent. The Annual Position
Paper is
a regular feature of the Annual Work
Plan of the TAP-NET
and is used as an instrument for systematically
tracking progress or lack thereof in
the reform of financial management
practices
and accountability
frameworks in Africa
- FIMANET
ISSUES AND LESSONS NOTES
FIMANET is expected
to prepare Lessons, Best
Practice or an Avoidable Pitfall Note each year
that could provide lessons to countries in sub-Saharan
Africa in any of the following areas, among others:
- Effectiveness
of Public Sector Financial Management
and Accountability Frameworks.
- Standardisation
of Financial Management and Accountability
Architecture in
Africa.
- Measuring the Effectiveness
in the Management of Public Finances.
- Building
Financial Management and Accountability
Capacity.
- Making Democratization
and Globalization Work for Improved Financial
Management
- Agencies, Systems,
Processes and Procedures
as well as Accountability in Africa.
- Building
Confidence and Trust in
Public Finances
- Instruments
for Anti-Corruption
Strategy
- Adequacy
and Effectiveness of
Public Sector Financial
Instructions.
- Instruments
for Strengthening Private Sector
Corporate Governance.
The Note will be disseminated on behalf of the
Network as a knowledge product to assist policymakers
in the public sector, the organized private sector
and leaders of civil society organizations and
networks in policy and program development and
management.
- ACBF REGIONAL WORKSHOP RESOURCE PERSONS
Members of the Network are expected to serve
as resource persons at ACBF seminars, workshops
and conferences.
- SENIOR POLICYMAKERS AND DEVELOPMENT PRACTIONERS
KNOWLEDGE
SHARING PROGRAM
FIMANET is expected to assist in proposing a
short list of prominent senior policymakers and
development practitioners who have made outstanding
contributions to development, application and
reform of financial management policies and strategies
as well as accountability frameworks in Africa
and/or any of the developing regions. Members
of the Network will lead or participate in an
interview panel that will extract tacit knowledge
from the individuals identified on issues relating
to the aspect of financial management and accountability
to which they contributed.
- ACBF ANNUAL
LECTURE SERIES
FIMANET is expected to take turns with other
ACBF TAP-NETs to prepare and present a lecture
at ACBF Annual Lecture Series on Capacity
Building and Development Management. The lecture
focuses
on capacity building or a substantive development
issue within its competence area. The Annual
Lectures will be planned to be held back
to back with the Annual Regular Meetings of
ACBF
Board of Governors.
- REFLECTIONS BY FIMANET
MEMBERS
Members of the Network are expected to contribute
a 3-5 page reflection on developments in the
area of financial management reforms and accountability
frameworks in Africa and/or other developing
regions.
- DISCUSSIONS,
INFORMATION EXCHANGE AND ADVICE
FIMANET members are expected to:
- Participate
in the TAP-NETs’ discussions
and information sharing activities,
and assist to respond to request
for information
and advice
on project and program operations
by ACBF Secretariat.
- Inform members
of the Network regularly about websites,
portals and other information
sources that are links to data, information and knowledge
materials on issues and practices
in financial management reforms and accountability frameworks
in Africa and other developing regions
as well as about information sources on major international
seminars, workshops, conferences,
symposia, colloquiums, training programs and publications relating to
financial management and accountability
in Africa.
- Peer review and add value to ACBF publications
and other knowledge-related materials
that will be posted from time to time on the Network’s
web site.
- CONTRIBUTIONS TO ACBF PUBLICATIONS
FIMANET
members are encouraged to make contributions
to any of ACBF’s publications series.
- FUNDING
FOR ACTIVITIES AND REMUNERATION
Operations of FIMANET are funded by the ACBF.
Members are paid honoraria for tasks undertaken
and fees when they serve as consultants to ACBF.
- PERFORMANCE
EVALUATION
The performance of FIMANET is evaluated every
year to determine the level of its effectiveness.
The evaluation is expected to examine overall
performance and the contributions of individual
members of the Network.
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