Subscribe

No foreign funds without approval: Ministry

2014-07-22 15:03:50
11
6950

The Finance and Planning Ministry has informed all Non-Governmental Organisations that they should receive prior approval from the Ministry prior to obtaining foreign funds.

The notice comes hot on the heels of the Government strongly criticising the foreign aid programme carried out by USAID.

It had planned to provide US$190 million dollars for a programme titled, Election Support Through Voter Education (ESVE)' but later withdrew it following protests.

The “Notice” published in most of the national newspapers is addressed to “All government agencies, local institutions, civil society organizations, and the general public that due diligence be observed on the utilization of funds received from foreign funding agencies, INGO’s and any other source”.

In its notice, signed by the Director General of the Department of External Resources of the Ministry of Finance and Planning said that various complaints have been lodged at the Ministry regarding the utilisation of Foreign Funds, without adherence to local standards and structures.

“There have been different programmers including Micro Financing and other instruments being funded by various agencies without proper approvals and compliance to local and national requirements” the notice said.

Spelling out reasons for the need to obtain such approval the Notice said that some of the projects carried out through foreign funding were “outside the government budget undermining the national development programmes”

The notice comes in the wake of a controversial circular issued by the Ministry of Defence earlier, banning Non-Governmental Organisations from conducting news conferences.


  Comments - 11

  • Ammaa Tuesday, 22 July 2014 20:22

    Good governance we need

    Reply : 0       0

    SL Tuesday, 22 July 2014 20:41

    good move!! we shall nail the trouble makers

    Reply : 19       7

    Jayantha Jayamanne Wednesday, 23 July 2014 05:20

    You are wrong Mister. The Govt. is struggling to run the country and the elections also nearing, economic has gone to the bottom, so they try to play games on every corner. This is the truth.

    Reply : 7       19

    gona Tuesday, 22 July 2014 21:32

    If govt can get hands on that too first then doors open. Feeling heat now. Phew via DM iPad app

    Reply : 4       5

    Roshan Wednesday, 23 July 2014 05:16

    [quote name="gona"]If govt can get hands on that too first then doors open. Feeling heat now. Phew via DM iPad app[/quote]
    Yes, at least 10% commission.

    Reply : 3       10

    Nutter Tuesday, 22 July 2014 22:02

    good move via DM Android App

    Reply : 8       5

    Jayantha Jayamanne Wednesday, 23 July 2014 05:18

    Why is that? The Govt. is trying to grab something from that also like the poor man's EPF. These are 3rd class politics. You get Chinese Loan with highest interest and penalize others from all angles.

    Reply : 4       16

    Norman Wednesday, 23 July 2014 06:28

    What about funds going to foreign banks through Seychelles.

    Reply : 3       15

    dias Wednesday, 23 July 2014 06:49

    Two late but good move taken by the government,

    Reply : 15       4

    Calistus Jayatilleke Wednesday, 23 July 2014 10:55

    These rules can be circumvented if the NGOs know whose palms need to be oiled.

    Reply : 4       2

    funny man Wednesday, 23 July 2014 11:07

    !0% commission will change this move.

    Reply : 3       7

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.
Name is required

Email is required
Comment cannot be empty