Project Info

Project Code
0809AJ
Tranche
T06B
Tranche Type
Additional
Status
Closed
Title
Supporting Finance and Planning Authorities to Formulate and Implement Macroeconomic Policies

Entities

Implementing Entity (Lead)
DESA
Collaborating DA Entities
UNCTAD
ECA
ECE
ECLAC
ESCAP
ESCWA

Financial and Evaluation Info

Total Budget
$514,000.00
Project Selected for Evaluation
No

Countries and Regions

Areas of Work

Thematic Clusters
Macroeconomics and Finance

Objective and Expected Outcomes

Objective
To strengthen the capacity of policy makers, especially finance and central bank authorities and other relevant ministries in participating developing countries, to design and implement coherent counter-cyclical macroeconomic policies to generate productive employment and expand policy space, with a view to managing economic shocks and meeting commitments to the Internationally Agreed Development Goals, including the MDGs
Expected Outcome 1
Enhanced capacity of national finance and central bank authorities in participating countries to design and implement counter-cyclical macroeconomic policies, and enhanced integration of macroeconomic priorities for employment generation, growth and investment and reduced economic volatility and vulnerability dimensions into National Development Strategies (NDS) and Poverty Reduction Strategies (PRS)
Expected Outcome 2
Enhanced capacity of policy-makers to evaluate various fiscal and monetary and exchange rate policy options, with increased ability to understand the development impacts of these policies through different simulations and technical analysis
Expected Outcome 3
Enhanced capacity of the UN Resident Coordinator System to receive, process, coordinate and deliver on requests for macroeconomic advisory services to concerned Member States, utilizing institutionalized channels of communication between UNDG and Member States