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MCA-MALI FOSTERS GOOD GOVERNANCE & TRANSPARENCY

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Presentation on theme: "MCA-MALI FOSTERS GOOD GOVERNANCE & TRANSPARENCY"— Presentation transcript:

1 MCA-MALI FOSTERS GOOD GOVERNANCE & TRANSPARENCY

2 Mali Compact of US$461 million
To improve the key infrastructure and productivity of the agriculture sector and local enterprises Three Projects: Bamako Airport Improvement (BAI) Industrial Park Project (IPP) Alatona Irrigation Project (AIP) Compact went “Entry into Force” on September 17, , and currently implementing BAI and AIP project

3 Elements of Good Governance &Transparency
Independence Clear and defined roles and responsibilities Collaboration and consultation with the Public Compliance with laws, policies and regulations Fair, competitive and transparent procurement system Effective operational and financial management Regular audit based on international standards Widely published and access to accurate and comprehensive information

4 Millennium Challenge Account - Mali
MCA-Mali conducts its operations in compliance with the MCC Governance Guidelines for Accountable Entities Board - Representatives from the President Office, Ministries, Civil Society, Private Sectors & MCC Board assisted by the Advisory Councils, Management Unit and Implementation Entities Staff of the Management Unit are selected based on open, fair, transparent and competitive procedures Appointed independent agents to manage procurement and financial functions

5 Millennium Challenge Account - Mali
Independent Implementation Structure MCC Board Members Bamako Airport Improvement Industrial Park Project Director General Procurement Administration & Finance Alatona Irrigation Project Environment & Social Assessment Monitoring & Evaluation External Fiscal Agent – Emerging Markets Group External Procurement Agent – Louis & Berger Advisory Councils Legal Advisor

6 Millennium Challenge Account - Mali
Procurements are based on open, fair and competitive procedures, used in a transparent manner Financial transactions are carried out in accordance with best financial management practices Accounting transactions are recorded as per the international accounting standards Except for small payments, disbursements are deposited into the bank account of a service provider Semi-annual Audits in accordance with the U.S. Government Auditing Standards

7 Millennium Challenge Account - Mali
Good fiscal discipline and transparency – Work and Implementation Plan, Procurement Plan, Fiscal Accountability Plan, Detailed Financial Plan and Quarterly Financial Report, Funds Accountability Statement, Monitoring & Evaluation Plan, Compact Reports , and Audit Reports Maintains an suggestion box for comments, ideas, suggestions or feedback All information, documents and reports in English and French are made publicly available via press and posted on MCA-Mali website at:


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