Public Financial Management and Fiscal Sustainability
DevTech strengthens the capacity of governments, businesses and citizens to build open and sustainable economic systems that encourage growth and reduce poverty. DevTech has helped local and national governments implement sound budget practices, carry out tax and financial reforms, decrease government corruption, support small businesses, and establish effective economic policies and regulations.
DevTech has modernized government systems around the world in order to create more transparent and efficient financial and fiscal policies. From decentralizing fiscal systems to establishing performance based budgeting and medium term expenditure frameworks, our projects have produced sound economic and fiscal policies around the world. Our assistance to local and national governments has included the creation of market intelligence and competitiveness units to foster small and medium enterprise (SME) participation in international markets, as well as supporting foreign ministries of finance to improve and modernize tax policy and administration.
Our analytical expertise also informs several economic and social databases that supply essential information to governments and development professionals worldwide. This includes congressionally mandated reports that outline foreign assistance spending for the US Government, effectively advancing open data and transparency goals for our own government.
By Prepared by Dr. Mark Gallagher.
* This article draws on research carried out for the U.S. Agency for International Development by DevTech experts, Elizabeth Kariuki, Paul Banerjee, and Mark Gallagher.