HIPC definition
Examples of HIPC in a sentence
In fact, HIPC-related expenditures are identifiable in all budgetary procedures, while HIPC transactions will also be subjected to internal and external audits.
In addition, there will be independent person with depth in consultancy, monitoring and evaluation expertise, a Project Manager who will be responsible for all aspects of the tracking and monitoring of HIPC projects.
Tracking and monitoring HIPC expenditures – whether benefiting recipients from the socio-economic point of view.
The Government of the Republic of Zambia recognises the importance of public accountability and transparency in the use of HIPC resources.
Initiating and recommending remedial measures arising from (V), including demand for prosecution to prevent re-occurrence of abuse of HIPC resources.
Minister of Finance and National Planning (On Behalf Of The Government Of Republic of Zambia) Date:……………………………………………………… Witness:………………………………………………… (Secretary to Treasury, Ministry of Finance and National Planning) Signed:…………………………………………………… Chairman, (On Behalf Of HIPC Tracking and Monitoring Team) Date:……………………………………………………….
The programmes and projects supported by HIPC resources are derived by the Ministry of Finance and National Planning (MoFNP) from the Poverty Reduction Strategy Paper (PRSP).
The team’s major role is to protect and assist the public in interpreting government disbursement and reporting on HIPC resources.
The budget for tracking and monitoring is simply stated as a PERCENTAGE of HIPC resources.
The National HIPC Tracking and Monitoring Team will provide expert advisory services to these mobilised NGOs to enable them participate effectively and efficiently and in so doing finally cultivate a culture of citizens taking individual responsibility in the tracking and monitoring of HIPC resources which are targeted at them.