Future of Development is Bright

Accountants Leading the Economic Development March

Surveys at ICGFM shows some important trends in Public Financial Management (PFM) in the era of the "New Normal". Countries represented at the ICGFM conference see infrastructure investment is critical for economic expansion with education being the most important initiative. Countries are also encouraging external investment with transparency being the most important initiative to draw investment.

Does your country needs substantial investment in infrastructure to support economic expansion?

• Yes: 95%
• No: 0%

Which areas of infrastructure present the most critical need?

• Education 38%
• Transport 23%
• Renewables and Energy 13%
• Healthcare 10%
• Housing + Urban regeneration 8%
• Information Technology 5%

Is your country focused on increasing outside investment in your economy?

• Yes 70%
• No 25%
• Does not apply 5%

If you answered yes to the last question, what are the primary areas of focus to increase investment?

• Greater transparency to build investor confidence 36%
• Improve necessary infrastructure 26%
• Tax incentives 18%
• Currency reforms 8%
• Improved legal system 5%

Public Financial Management RSS Feeds

ICGFM has created a pagecast in pageflakes to support RSS feeds. Many public financial management professionals may be using other RSS readers. Many may be using mobile devices. The RSS feeds in the pagecast include:

• ICGFM Blog: http://icgfm.blogspot.com/feeds/posts/default
• ICGFM Twitter: http://twitter.com/statuses/user_timeline/40955118.rss
• ICGFM Programs Twitter: http://twitter.com/statuses/user_timeline/113113941.rss
• Association for Government Accountants Blog: http://feeds.feedburner.com/agaweblog
• IMF PFM Blog: http://feeds.feedburner.com/pfmblog
• World Bank Governance Matters Blog: http://blogs.worldbank.org/governance/rss.xml
• Open Budgets Blog: http://internationalbudget.wordpress.com/feed/
• Development Gateway Zunia Blog: http://zunia.org/post
• Development Gateway Blog: http://devgateway.blogspot.com/feeds/posts/default
  
• Google News for Public Financial Management: http://news.google.com/news?pz=1&ned=us&hl=en&q=PFM+OR+%22public+financial+management%22+OR+%22public+expenditure+management%22&output=rss
• Grant Thornton Blog: http://feeds.feedburner.com/grantthornton/CEP/TechnologyPublications
• FreeBalance Sustainable Public Financial Management http://www.freebalance.com/blog/?feed=rss2
• Kauffman Government Post http://feeds.feedburner.com/thekaufmannpost
  
• Oversees Development Institute http://feeds.odi.org.uk/ODI_Governance
• Global Development Blog: http://blogs.cgdev.org/globaldevelopment/feed
  

Benefits of ICGFM Sustaining Membership

Consulting and software companies are expanding into emerging markets. Companies with public sector products and services expertise enjoy the benefits of ICGFM - access to public financial management leaders from around the world.

ICGFM Sustaining Membership

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Aid for Africa

It is not too late to register for the upcoming DC Forum on January 7th. Dr. Julius Cole will be speaking about the work of Africare, the oldest and largest African-American led organization assisting Africa. 

According to the Africare web site:

Africare's programs address needs in three principal areas:

• Health and HIV/AIDS
  
• Food security and agriculture
  
• Emergency response
  

Complementing and extending our work in those focus areas, Africare supports programs in:

• Water resource development
  
• Environmental management
  
• Literacy and vocational training
  
• Microenterprise development
  
• Civil-society development and governance
  

Africare now reaches families and communities in some 25 countries in every major region of Sub-Saharan Africa, from Senegal to South Africa and from Chad to Mozambique. Since its founding in 1970, Africare has delivered more than $710 million in assistance — over 2,000 projects — to 36 countries Africa-wide.