Development finance impact project, financing for development in developing countries.

1. Financing for development in
developing countries

2. Project aim
 My Target group is anyone who interest in and desire to
participate increase understanding of development finance
for developing countries especial for Low - income.
 Need to understand the fundamental concept of
development concept, the source of funding and the role of
finance in supporting the new sustainable development for
achieving the sustainable development goal.
 This project focuses on the supporting and achievement of
the Sustainable Development Goals and development in
general.

3. What is SDGs?
 Sustaiable development goals SDGs is the opportunity
to adopt a set of goals to end poverty, protect the
planet, and ensure prosperity for all as part of a new
sustainable development agenda.
 Each goal has specific targets to be achieved over the
next 15 years. For the goals to be reached, everyone
needs to do their part: governments, the private sector,
civil society and people like you and me.

4. Type of SGDs

5. What are the constraint financing
the SGDs?
 Ease of tax administartion
 Weak capacity for implementation
 Trying to get effective and efffiecent tax policy
 GDP to tax ration is remaining low
 The SDGs therefore require a massive step up in
domestic resource mobilisation

6. What is ODA?
 Official development assistance (ODA) is a term coined by the
Development Assistance Committee (DAC) of the Organisation for Economic
Co-operation and Development (OECD) to measure aid. The DAC first used
the term in 1969. It is widely used as an indicator of international aid flow.
ODA are official flows to or for developing countries that are provided:
 for developmental purposes
 by the official sector (Government, public funds)
 as grants or “soft loans” (ODA loans are at terms significantly softer than
commercial transactions, and bear a “grant element” of at least 25%
compared with a loan at 10%.)
 It can play a catalytic role and bring in other sources of finance, it is
concessional , it’s help fill the finance gaps.

7. The financing for development approach
 The financing for development approach that we want to
take is that we need to focus both on more financing and
on effective financing. It's more money and smarter money
to reach the SDGs. That development needs to be
economically, socially and environmentally sustainable.
 we are all stakeholders in the finance for development
agenda.
 The challenges of mobilizing the financing resources
needed to help meet the SDGs.
 Domestic resource mobilization has significant
potential to finance development.

8. Domestic resources mobilization
Limitation in Developing countries
 Governance is an important constraint on resource
mobilization in developing countries
 Domestic resource mobilization is constrained by
institutional weaknesses and political weaknesses and
became governance problems
 Corruption
 Absence of risk-sharing institutions prevents
investment in many potentially profitable sectors in
developing countries

9. Improving the Domestic public
Resources
 Improving good governance and fighting corruption
 Improve better tax policies, improve administration
and improving public expenditure efficiency
 Through a combination of tax policy and tax
administration efforts
 Change technology and practice to improve
collaboration and cooperation
 good governance conditions can be achieved savers
will feel confident to save, investors to invest, and both
will be served by accountable governments providing
public goods

10. Improving the Domestic public
Resources ( contd.)
 Raising the revenue fairly and equitably
 Ensure that when revenue is spent it leads to improve
service ( school, education, health etc.)
 Reduce remittance cost.
 Improving the investment climate
 Reduce red tape impediments to doing business.
 Creat a new era of public private can collaboration.
 Do blend finance.

11. Improving the Domestic public
Resources ( contd.)
 Rules of Law in Place
 Incentive for foreigne investor
 Need more citizen voice
 Reducing Illicit financial flow
 Improves Transparency
 A government unit needs to be responsible for
implementation, mornitoring and accountablitiy.

12. Conclusion
 Sustainable development goals can not be achive in
developing countries without very sustainable mobliziation
of domestic resources.
 Importance of shifting production and comsumption
patterns towards more sustaiable model.
 By doing better investment climates, better tax collection,
more efficient public funding with Multilateral
Development Bank, Asia Development Bank and European
Invesment Bank to reach the global goal.
 Working with Global and regional partner.

13. resources
 http://www.theguardian.com/global-
development/2015/jan/19/sustainable-development-
goals-united-nations
 http://www.eurodad.org/files/pdf/552fab5135867.pdf
 http://www.worldbank.org/mdgs/documents/FfD-
MDB-Contributions-July-13-2015.pdf
 https://class.coursera.org/fin4devmooc-
001/wiki/Week_2_Video_Talks
December 2015