Result Based Management Framework - METAC

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8 PREFACE The Fund recently decided to adopt a results-based management (RBM) framework for technical assistance (TA). This approach has proven to be very helpful in the planning, monitoring, and delivery of TA at the regional and country levels. This will also respond to a long-standing donors’ request for linking TA delivery to results on the ground to better assess the impact and effectiveness of TA. As a first step in preparing the RBM, regional technical assistance centers (RTACs) were required to produce a regional log frame setting a strategic objective for their centers along with a log frame for each area where outcomes, verifiable indicators, and risks and assumptions are specified. To guide the preparation of the regional log frame, in April 2012, we reviewed the Middle East Regional Technical Assistance Center’s (METAC) past activities and prepared medium-term country work programs. This allowed us to step back and take a closer look at what has been done and what needs to be done over the next three years, until the end of Phase III by 2015. Such analysis has proven to be very valuable in preparing the Center’s annual work plans. While in principle the regional log frame, which is based on the countries’ needs, should draw on the regional strategy note (RSN) prepared by the area department, the work programs laid out in this document could be used by country teams in preparing the RSN, making the process more iterative. Therefore, the work programs will be updated along with the RSN and according to countries’ evolving needs. The work programs outlined in this document are consistent with the RBM methodology and can be easily turned into full- fledged log frames. For each country, specific outcomes, outputs and country risks and assumptions are specified. These medium-term work programs could be translated easily into log frames by adding a set of verifiable indicators and the resources needed to reach the outcomes. They can also be used in preparing annual work plans by specifying a number of milestones that would be used to monitor progress toward the ultimate objectives. The work programs are based on a set of common assumptions and are subject to some inherent regional risks. While the document highlights some of the specific risks in each country, there are several risks and assumptions that are common to the region. The Middle East is undergoing a fundamental transformation and the future is highly uncertain. Nonetheless, it is assumed that: (i) the political and security situation in a number of member countries will normalize in the short-term in a way that will permit the delivery of TA in a timely manner; (ii) the authorities are committed to reforms and are serious in implementing the TA recommendations; (iii) METAC TA is being supplemented by other donors’ and headquarters (HQ) TA; and (iv) METAC has sufficient resources to carry out the TA needed.
9 METAC’s overall strategic objective is to improve the conduct of macroeconomic policy through institutional and capacity building. In the remaining period of Phase III, the program will focus on four areas with the following objectives: (i) achieving a more risk-oriented banking supervisory and a regulatory framework that enhances financial stability; (ii) establishing an integrated public financial management (PFM) framework that effectively links policies to public resource allocation and improves transparency in, and accountability for, managing public finances; (iii) upgrading revenue administration to bring it closer to best international standards to improve revenue performance; and (iv) bringing member countries closer to compliance with international standards for the compilation of external statistics, national accounts (NA), and price statistics. During Phase III, in addition to the four areas currently covered by METAC, until October 2012, METAC provided TA and training in the area of improving debt management and developing money markets for efficient financing of governments’ needs and for better conduct of monetary policy. However, due mainly to relatively low demand and METAC’s tight financial condition during the first three years (May 2010- April 2013) of Phase III, a decision was made to discontinue the work in this area. The work that was done by METAC in this area in member countries is summarized in Appendix I. METAC will continue to be engaged with all member countries but to varying degrees and TA will be tailored to countries’ specific needs. TA needs in countries that have experienced uprisings and in fragile states will be substantial. This is the case of Egypt, Libya, Sudan, Syria, West Bank and Gaza, and Yemen, and to a lesser extent Afghanistan. TA in these countries will be directed mainly to building institutions capable of conducting macroeconomic policy to achieve sustained growth while protecting social sectors and reducing poverty. However, in case METAC’s involvement in some of these countries continues to be hampered by the security situation and political turmoil, resources will be shifted to the relatively more stable countries. Regional workshops will continue to provide hands-on training and a platform for sharing knowledge and exchanging experiences. Training will be focused on those areas identified in need of improvement in TA reports, to exploit the synergies between TA and training and to respond to country priorities. In this context, METAC will continue to enhance its partnership with donors and other TA providers to increase the efficiency and effectiveness of its capacity-building activities. This document is organized as follows. For each country, we reviewed briefly the work that has been done until July 2013 and then outlined in some details the objectives in each of the four areas that METAC is focusing on: banking supervision, macroeconomic statistics, public financial management, and revenue administration. For each area, we specified the objectives to be met along with outcomes, expected outputs, and the
Page 1 and 2: G L BAL PARTNERSHIPS Shared Objecti
Page 3 and 4: 1 Contents Acronyms and Abbreviatio
Page 5 and 6: 3 Past Activities .................
Page 7 and 8: 5 ACRONYMS AND ABBREVIATIONS ACD AR
Page 9: 7 MoPF MTEF MTFF MTO NA NBFIs NICO
Page 13 and 14: 11 I. AFGHANISTAN A. Banking Superv
Page 15 and 16: 13 Call reports covering the fina
Page 17 and 18: 15 Mission reports. Plans for de
Page 19 and 20: 17 D. Revenue Administration Past A
Page 21 and 22: 19 Risks/Assumptions Sufficient fin
Page 23 and 24: 21 Outputs Helping the CBE in dr
Page 25 and 26: 23 Regional workshops on external
Page 27 and 28: 25 Revision of the budget calendar
Page 29 and 30: 27 Work Program Objectives TA on re
Page 31 and 32: 29 III. IRAQ A. Banking Supervision
Page 33 and 34: 31 B. Macroeconomics Statistics Pas
Page 35 and 36: 33 Assistance in preparing a cas
Page 37 and 38: 35 The CBJ has a good macro-pruden
Page 39 and 40: 37 procedures for the NA. To also b
Page 41 and 42: 39 In May 2013, a METAC/FAD mission
Page 43 and 44: 41 the commitment to carry on imple
Page 45 and 46: 43 V. LEBANON A. Banking Supervisio
Page 47 and 48: 45 Significant TA was provided to L
Page 49 and 50: 47 Regional workshops on external
Page 51 and 52: 49 Risks/Assumptions Political stab
Page 53 and 54: 51 enforcement strategies; (4) the
Page 55 and 56: 53 VI. LIBYA A. Banking Supervision
Page 57 and 58: 55 Assisting the CBL in develop
Page 59 and 60: 57 DI survey form. Regional works
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59 Outputs The main outputs of the
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61 TA has been suspended because of
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63 The supervisors at the CBOS a
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65 closely with the Ministry of Int
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67 be submitting consolidated budge
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69 administration fronts. These inc
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71 VIII. SYRIA A. Banking Supervisi
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73 Develop tools and procedures f
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75 The main outcomes of TA on price
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77 Budget Preparation: Establish
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79 The General Commission f
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81 VAT law. TPC law. Revised
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83 In order to align its supervisor
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85 Improvements in the compilation
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87 forecasting that underpins the c
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89 function-based HQ, implementing
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91 The CBY has an updated regula
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93 External statistics: improving
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95 recommendations of the 2007 FAD/
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97 Work Program Objectives High pri
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99 APPENDIX I. DEBT MANAGEMENT AND
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101 OMO; and developing an interban
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103 forecasting, and the issuance o
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105 1. Banking Supervision Outcomes
Page 109 and 110:
107 3. Public Financial Management
Page 111 and 112:
109
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Result Based Management Framework - METAC

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