The Project of Strengthening Technical and Functional Capacities of the Supreme Audit Institutions, National Parliaments and Civil Society for the control of Public
Finances in PALOP and in Timor-Leste, Pro PALOPTL ISC, is fully funded by the European Union with an amount of EUR 6,400,000 and administered by UNDP for a period of 3 years, and is a project with great chances of success.
This is because Pro PALOP-TL ISC unveiled a strategy inspired by and anchored in a shared history of processes, institutional practices, legal frameworks, cultural ties and fraternity that unite the African Portuguese-speaking Countries and Timor-Leste.
There is an inclusive strategy, where all the beneficiaries are involved in the formulation process of the operational work plans for the promotion of external and independent control of public finances, by means of a solid process of identification and outlining needs that makes the inter-institutional south-south cooperation, the exchange of experiences and peer learning, the main instruments for the development of human and institutional capacities.
Pro PALOP-TL ISC has gone through a long and steady formulation process, marked by a wellstructured and inclusive methodology that evolved gradually to an in-depth documentary analysis of the main reports and indicators on economic governance and management of public finances, profiling of beneficiary countries, for a systematic assessment of the institutional, human and financial capacities of each of the beneficiary institutions for the effective exercise of external control and supervision of public accounts in PALOP and Timor-Leste.
Pro PALOP-TL ISC reflects the reality of its beneficiaries in the field of external control of public finances: human resources, public institutions, nonstate actors, etc.
And because this project is deeply anchored in institutional practices, well aligned with legal frameworks and best practices, sensitive to the idiosyncrasies and cultures of PALOP and Timor-Leste, Pro PALOP-TL ISC will be a success!