Understanding the Challenges inherent between Project Design and Project Implementation in Donor Funded projects especially in Developing countries. It is a Project (Final Project Digital Artifact) for Finance For Development Course by the World Bank Group

1. FINAL PROJECT DIGITAL ARTIFACT
ON
FINANCE FOR
DEVELOPMENT
7th December, 2015
DESIGNS/IMPLEMENTATIONS OF DONORS
PROJECT IN FINANCE FOR DEVELOPMENT
BY
NKORO, NKORO E.
12/8/2015
© Dec., 2015 Nkoro Nkoro (Final Project Digital Artifact – Finance for Development
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2. WHO IS THE TARGET AUDIENCE
FOR THIS PROJECT?
• The General Public, Government Officials,
Policy Makers, International & National
Non- Governmental Organizations (NGO’s),
Multinational & Local Companies,
Philanthropists, Banks, Traditional Rulers
etc.
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Development
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3. OVRVIEW
• Finance for Development which is a new course or program from the
World Bank Group that seek to allow the individuals, groups, nations
and even the world to have a better understanding and knowledge
towards what is finance and how its being used in regards to
development especially as focus is now on Sustainable Development
Goals (SDGs) which had replace Minillium Development Goals
(MDGs).
• The sustainable development goals (SDGs) are a new, universal set
of goals, targets and indicators that UN member states will be
expected to use to frame their agendas and political policies over
the next 15 years.
• The SDGs follow and expand on the millennium development goals
(MDGs), which were agreed by governments in 2001 and are due to
expire at the end of this year.
• Finance for Development is how money and resources are being use
and utilized in managing funds used in donor projects/programmes
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© Dec., 2015 Nkoro Nkoro (Final Project Digital Artifact – Finance for
Development
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4. LESSONS LEARNT
• That Finance for development should be
sustainable as coined from SDGs – concept of
Sustainable Development
• That Tax being another means of finance for
development
• Commercial finance as part of innovative
finance the World Bank Group and ODA uses
to finance development and investments
• Billions to Trillion concepts and our
contribution
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© Dec., 2015 Nkoro Nkoro (Final Project Digital Artifact – Finance for
Development
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5. OBSERVATION/PROBLEMS
• As a Development worker in one of the Donor Project
in over 6 six years, and as part of my interactions,
trainings, workshops, etc regarding donor funded
projects, the designs and its implementation been a
great concern to me and even to others, especially
implementers of donor funded project.
• I have observed that the period between a project
design and its actual implementation time is always a
long gap that spanned from one year to almost 5 years
before the project eventual start
operation/implementation. This leads to some issues
associated with Exchange rate differences, under/over
budgeting, political environment instability/policy,
economical policies of the benefitting nations, etc.
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© Dec., 2015 Nkoro Nkoro (Final Project Digital Artifact – Finance for
Development
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6. OBSERVATION/PROBLEMS (cont’d)
• Exchange rate differences: This causes the project during
implementation to have setbacks, because between the
project design and its implementation, a long gap had been
created causing either over loss/gain in exchange rate
difference
• Under/over budgeting: When Project(s) are either under or
over budgeted during project design, you discovered that
when its actual implementations commences, there are
always big gap/differences, and these affect cost and finance
management, that either what was costed before could be
over costed or under costed
• Political environment: the instability and or polictal policy of
the economy can hinder the gap between project design an
implementation
• Economics policies of the benefitting nations, etc. can also
be barriers to problem associated with the gap/difference
between project design and implementation.
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© Dec., 2015 Nkoro Nkoro (Final Project Digital Artifact – Finance for
Development
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7. PROBLEMS ENCOUNTERED IN FUNDED DONOR
PROJECTS IN SOME DEVELOPING COUNTRIES
• Benefitting contribution by the benefitting
group/individuals
• Counterpart fund payment/contribution by
government
• Inadequate envelop to entertain all request
by communities
• Cost provided in the project document is
inadequate to finance projects/subprojects
• Sustainability of some activities arising out of
lack of cohesion of group members/groups
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© Dec., 2015 Nkoro Nkoro (Final Project Digital Artifact – Finance for
Development
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8. RECOMMENDATIONS
• I do recommend that if these few issues I
have raised are met and resolve
strategically and innovative/creative
Monitoring and Evaluation towards donor
funded projects is also used, it will help to
actualize our aims towards SGDs and
finance for development will become
more effectively utilized and harness.
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Development
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9. for
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