The Public Financial Management Reforms Coordination Unit (RCU), was established within the Ministry of Finance and Development Planning in 2010. The core mandate of the RCU is to facilitate coordination in implementing Government public financial management (PFM) reform agenda, ensuring the highest level of impact and promoting strong Government leadership and ownership of the priorities and outputs (outcomes) of the reform program.
The RCU serves as the Secretariat to the PFM Steering Committee (SC). The SC is the structure responsible for oversight over the reform program. It meets quarterly and is chaired by the Minister of Finance and Development Planning. As the Secretariat, the role of RCU is to report to the SC on the progress of implementation of the PFM program to enable it provide strategic policy direction and decision making role, pertaining to the reforms.
What we do
- Prepare quarterly and annual reports on the execution of the PFM Reform Strategy and Action Plan- Update the PFM policy monitoring framework (PFM matrix) - Work with component leads/thematic leads in guiding the implementation of the PFM program- Provide quarterly Briefs to the PFM Steering Committee- Evaluate proposal for financing emanating from PFM components-Liaise with Development Partners on program financing-Attend sessions of Development Partners on PFM related issue- Consolidate annual work plans and budgets of the components for clearance by the Steering Committee-Program management of the Integrated Public Financial Management Reform Project (IPFMRP)-Liaise regularly with the World Bank and African Development Bank for clearances on financing activities under the IPFMRP-Facilitates PFM donor coordination- Follow-up with components on the implementation of SC actions - Generate working documents and any other technical document required for the review, deliberation and approval of the SC
RCU coordinating with Development partners
The Public Financial Management Reforms Coordination Unit (RCU), was established within the Ministry of Finance and Development Planning in 2010. The core mandate of the RCU is to facilitate coordination in implementing Government public financial management (PFM) reform agenda, ensuring the highest level of impact and promoting strong Government leadership and ownership of the priorities and outputs (outcomes) of the reform program.
The RCU serves as the Secretariat to the PFM Steering Committee (SC). The SC is the structure responsible for oversight over the reform program. It meets quarterly and is chaired by the Minister of Finance and Development Planning. As the Secretariat, the role of RCU is to report to the SC on the progress of implementation of the PFM program to enable it provide strategic policy direction and decision making role, pertaining to the reforms.
What we do
- Prepare quarterly and annual reports on the execution of the PFM Reform Strategy and Action Plan- Update the PFM policy monitoring framework (PFM matrix) - Work with component leads/thematic leads in guiding the implementation of the PFM program- Provide quarterly Briefs to the PFM Steering Committee- Evaluate proposal for financing emanating from PFM components-Liaise with Development Partners on program financing-Attend sessions of Development Partners on PFM related issue- Consolidate annual work plans and budgets of the components for clearance by the Steering Committee-Program management of the Integrated Public Financial Management Reform Project (IPFMRP)-Liaise regularly with the World Bank and African Development Bank for clearances on financing activities under the IPFMRP-Facilitates PFM donor coordination- Follow-up with components on the implementation of SC actions - Generate working documents and any other technical document required for the review, deliberation and approval of the SC
RCU coordinating with Development partners
The Public Financial Management Reforms Coordination Unit (RCU), was established within the Ministry of Finance and Development Planning in 2010. The core mandate of the RCU is to facilitate coordination in implementing Government public financial management (PFM) reform agenda, ensuring the highest level of impact and promoting strong Government leadership and ownership of the priorities and outputs (outcomes) of the reform program.
The RCU serves as the Secretariat to the PFM Steering Committee (SC). The SC is the structure responsible for oversight over the reform program. It meets quarterly and is chaired by the Minister of Finance and Development Planning. As the Secretariat, the role of RCU is to report to the SC on the progress of implementation of the PFM program to enable it provide strategic policy direction and decision making role, pertaining to the reforms.
What we do
- Prepare quarterly and annual reports on the execution of the PFM Reform Strategy and Action Plan- Update the PFM policy monitoring framework (PFM matrix) - Work with component leads/thematic leads in guiding the implementation of the PFM program- Provide quarterly Briefs to the PFM Steering Committee- Evaluate proposal for financing emanating from PFM components-Liaise with Development Partners on program financing-Attend sessions of Development Partners on PFM related issue- Consolidate annual work plans and budgets of the components for clearance by the Steering Committee-Program management of the Integrated Public Financial Management Reform Project (IPFMRP)-Liaise regularly with the World Bank and African Development Bank for clearances on financing activities under the IPFMRP-Facilitates PFM donor coordination- Follow-up with components on the implementation of SC actions - Generate working documents and any other technical document required for the review, deliberation and approval of the SC
RCU coordinating with Development partners
P. O. Box 10 - 9016
Broad & Mechlin Street
1000 Monrovia
info@mfdp.gov.lr