DAI GLOBAL, LLC
The Macro-Economic Stabilization and Reform (MESR) project is a five-year initiative beginning in April 2018 and ending in April 2023.
2019 · 16 pages

Abstract
The project is designed to support the Government of Egypt's reform efforts in line with the International Monetary Fund's (IMF) recommendations. The primary objectives of the MESR project are to improve public investment planning, implementation, and monitoring to enhance the productivity of public capital assets and the efficiency and effectiveness of public services, and to upgrade the effectiveness of public financial management to improve fiscal management, budgeting, and expenditure control, and promote greater budget efficiency, transparency, and accountability. The project is engaging with various stakeholders, including the Ministry of Planning, Monitoring and Administrative Reform (MPMAR), the Ministry of Finance (MOF), business associations, civil society organizations (CSO), and other international organizations working in macroeconomic stabilization. The project has aligned its organization to best address the primary objectives, with a focus on coordination and momentum to achieve reforms and maximize the potential for success. The MESR project strategic approach builds on lessons learned from similar programs and incorporates four mutually reinforcing components to achieve sustainable reform. The first component is to build sustainability through local ownership, with local change agents identified to ensure the sustainability of activities and the project developing and leveraging buy-in from the Government of Egypt around IMF agreed reforms and the Sustainable Development Strategy 2030 (SDS 2030). The second component is to promote continuous improvement, with the project assisting in the implementation of processes and procedures, training staff, auditing, and promoting local ownership. The third component is to design and implement adaptive programming, with the project focusing on activities that produce results and redirecting resources as needed to maximize the return on investment. The fourth component is to support inclusive reform, with the project assessing the impact of macroeconomic policies and public investments on vulnerable groups and promoting equitable economic growth and poverty reduction. The project has designed capacity-building activities to maximize the participation of women and ensure that project activities are sensitive to the needs of female participants. The project will continue to develop capacity, processes, and tools to assist the Government of Egypt in meeting their commitments as per the IMF. The project's commitment to this approach and its greater understanding of Egypt's priorities and partners' needs will be demonstrated through a Year Two program of interventions that build on Year One efforts. The project's primary objectives are to achieve improved public investment planning, implementation, and monitoring, and to upgrade the effectiveness of public financial management. The project will focus on the following results: * Improved public investment planning, implementation, and monitoring to enhance the productivity of public capital assets and the efficiency and effectiveness of public services. * Upgraded effectiveness of public financial management to improve fiscal management, budgeting, and expenditure control, and promote greater budget efficiency, transparency, and accountability. * Improved cash management to support fiscal stability. * Improved effectiveness and efficiency of the budgeting process to ensure current and capital expenditures are allocated to achieve program results. * Improved tax administration, tax revenue analysis, and analysis with capability to guide tax policy formulation, domestic mobilization, and budget execution. * Improved capacity of the Ministry of Finance to measure, manage, and manage fiscal risks and engage in public-private dialogue. The project will engage with various stakeholders, including the Ministry of Planning, Monitoring and Administrative Reform, the Ministry of Finance, business associations, civil society organizations, and other international organizations working in macroeconomic stabilization. The project will also focus on the following activities: * Building the capacity of the Ministry of Planning, Monitoring and Administrative Reform and the Ministry of Finance to implement public investment planning, implementation, and monitoring, and to upgrade the effectiveness of public financial management. * Developing and implementing processes and procedures to support the implementation of public investment planning, implementation, and monitoring, and to upgrade the effectiveness of public financial management. * Providing training and technical assistance to the Ministry of Planning, Monitoring and Administrative Reform and the Ministry of Finance to support the implementation of public investment planning, implementation, and monitoring, and to upgrade the effectiveness of public financial management. * Assisting the Ministry of Planning, Monitoring and Administrative Reform and the Ministry of Finance in the development of capacity, processes, and tools to support the implementation of public investment planning, implementation, and monitoring, and to upgrade the effectiveness of public financial management. The project will also focus on the following outcomes: The project will
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