Enhancing Good Governance and Economic Development in Rwanda: Insights from NSTI Symposium
Explore the crucial role of sound Public Financial Management in enhancing good governance for better service delivery in Rwanda, as discussed at the 1st ICPAR Economic and Professional Skills Development Symposium. Discover how NSTI aims to orient Rwandans towards Vision 2050 through specific priorities and strategies, focusing on areas such as infrastructure development, prosperity transformation, and values for national transformation. Key areas include promoting resilience, improving health infrastructure, eradicating malnutrition, and modernizing household access to basic services.
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1stICPAR ECONOMIC AND PROFESSIONAL SKILLS DEVELOPMENT SYPOSIUM Accelerating the drive towards a knowledge based economy Enhancing Public Sector Good Governance initiatives: - How does sound Public Financial Management enhance good Governance in public sector for better service delivery NSTI is a successor of EDPRS 2: It is an ex-ante wake-up call to orient Rwandans for vision 2050: Specific priorities and strategies are presented in different pillars as below: High quality and standards of life - Vision 2050 aspirations focuses on five broad priorities: - Developing modern infrastructure and livelihoods - Transformation for prosperity - Values for vision 2050 Ethics for transformation - International cooperation and positioning * If 70% of the workforce is still in agriculture should good corporate governance principles matter? In Agricultural sector RAB, NAEB, etc. * NSTI requires an average GDP growth of 9.1% over the 4 years: How does PFM facilitate this target? The case of GDP drivers like energy sector, etc. * Rwanda is a subscriber to the SDGs; Haw does a sound PFM enhance these universal targets? Good Governance for National transformation. * OAG constitution mandate Art 165 & 166, ISSAIs, IASA, IFRCS/IAS * FAM & CAM - Realization of value for money as a sure means to fight house hold poverty. NST
Priority areas for transformation:- The role of good PFM management in achieving priotargets: - Promoting resilience and enhancing graduation from poverty and extreme poverty- VUP & public works Eradicate malnutrition our work in health sector - Quality health for all - Health infrastructure and equipment development.. Improve maternal &reduce child mortality rates - Innovate Around health funding -CBHI- for greater out reach of health care:- #Modernize Rwandan house hold through universal access to basic:- infrastructure such as electricity, water sanitation and internet broad bard. REG, EUCL , EDCL have to modernize to responsively WASAC to practice good governance enhance accessto sanitation hygiene etc. #Sensitize all budget agencies to value FAM & CAM audit opinions as part of imihigo through enhanced #Training of accountants, strengthen institute of ICPAR and allied controls like IFMIS wider coverage
