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From Uche Usim, Abuja
The Fiscal Responsibility Commission (FRC) through the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has secured the support of the International Monetary Fund, IMF, for human capacity development.
The effort, according to the FRC, seeks to strengthen it to deliver better in public finance management.
The Chairman of Fiscal Responsibility Commission, Victor Muruako, in a statement hailed the IMF deploying a Mission to the Commission, led by Sybi Hida, a Senior Economist in the Fiscal Affairs Department of the IMF in Washington DC.
He applauded the Mission for spending two weeks with Management and technical staff of the Commission and conducted an intensive programme on establishing a Fiscal Monitoring Framework.
He said: “We have come to the conclusion that amongst all manpower development support and interventions that the Commission has enjoyed since its establishment over a decade ago, this IMF Mission is certainly the most impactful, combining elements of strategy meetings, organizational self-discovery sessions, training and ecosystem development. This is, literally speaking, the template which the Commission never had at its inception.”
He recalled that, at inception, the Commission was handed a novel mandate without corresponding templates, guidelines, handover notes or depth of access to requisite manpower development. Hence, the staff, being pioneers in the fiscal responsibility monitoring and enforcement space, found themselves doing the work of both visionaries and operators.
“Oftentimes,” he added, “the scenario looked like we were building an airplane while at the same time, flying it. Thank God, we have been successful at both.”
