Subject: [hftn] New release: Joint WHO IMF Note “COVID-19Funds in Response to the Pandemic”
From: Matthew Jowett via EZcollab <mtwpm14j=4rcm0dva=kgoginashvili=[email-masked]>
To: "WHO Health Financing Technical Network (HFTN Main Community)" <[email-masked]>
Date: Mon, 31 Aug 2020 06:56:37 +0000

Dear all,

We are pleased to share with you an IMF Note co-developed by the WHO Health Financing team and the IMF Public Financial Management team:

“COVID-19 Funds in Response to the Pandemic”

The Note can be found here:

https://www.imf.org/~/media/Files/Publications/covid19-special-notes/en-special-series-on-covid-19-covid-19-funds-in-response-to-the-pandemic.ashx?la=en

The link to the Blog can be found here:

https://blog-pfm.imf.org/pfmblog/2020/08/-covid-19-funds-in-response-to-the-pandemic-.html

The Blog is also available in French.

Summary: 
In response to the COVID-19 pandemic, many countries have reprogrammed their existing budgets, activated contingency reserves, and adopted supplementary budgets. To further mobilize resources and accelerate emergency spending, many countries have also created dedicated COVID-19 extra-budgetary funds (EBFs). This Note examines the motivation for setting up such funds and describes a database of more than 40 funds, which has been compiled by the World Health Organization (WHO). The Note documents the diverse nature of such funds and discusses the risks that poorly designed funds can pose for public financial management (PFM). Finally, the Note provides guidance on how to improve the design and management of COVID-19 funds to make them efficient, transparent and accountable.

Best wishes,

WHO Health Financing Team

*************************
__________
You are receiving this message because you're a member of the community WHO Health Financing Technical Network (HFTN Main Community). 

View this contribution on the web site https://ezcollab.who.int/_/4rcm0dva

A reply to this message will be sent ONLY to [email-masked].
To reply to all members of WHO Health Financing Technical Network (HFTN Main Community), send a message to [email-masked].
To unsubscribe, send an email to [email-masked]