Items filtered by date: Monday, 23 January 2023

TERMS OF REFERENCE TO CONTRACT A CONSULTANT TO DEVELOP A SCORECARD TO ASSESS THE ALIGNMENT OF SADC MEMBER STATES EXISTING PUBLIC FINANCE MANAGEMENT LAWS WITH THE PROVISIONS OF THE SADC MODEL LAW ON PUBLIC FINANCIAL MANAGEMENT

I. BACKGROUND AND RATIONALE FOR CONSULTANCY

The SADC Parliamentary Forum is an institutional organ of the Southern African Development Community (SADC) which is mandated to promote inter-parliamentary cooperation and convergence on issues of regional interest by inter alia developing legal normative content that can serve as benchmarking guidance for national Parliaments. In accordance with the Forum's Strategic Plan (2019-2023), respect for financial accountability and transparency is a guiding principle of the Forum whilst good governance and prudential planning remain essential values subscribed to by the organization.

One of the core functions of Parliament is to exercise oversight over the public budget appropriated and to ensure that the budget is used efficiently for voted purposes only. Additionally, Parliaments are entitled to ensure that the State progressively domesticates international commitments such as the Sustainable Development Goals (SDGs) and promotes national alignment with regional and continental agendas such as Agenda 2063: the Africa We Want.