November 15, 2010Matthew Olivier
Conference to explore the role of finance and public financial management reform to accelerate the transition out of fragility
Ottawa, Canada (November 15, 2010) – FreeBalance, a global Government Resource Planning (GRP) software company, announced that it will be participating in the sixth annual conference on development finance and public financial management reform. The conference is jointly organised by the Centre for Aid and Public Expenditure at the Overseas Development Institute (ODI) and the International Monetary Fund (IMF) Fiscal Affairs Department. The sixth annual conference will focus on the practical and policy aspects of how to use finance to support fragile states in their transition out of fragility. The invitation-only conference will bring together government policy makers, international agencies, practitioners, and academics. The lessons learned will be captured in audio recordings, video footage and a conference report that will be disseminated after the conference.
Public Financial Management (PFM) discussion during the two-day event will be focused on delivering effective financial, developing local financial management capacity, the role of transparency and accountability, and lessons learned in PFM reform in fragile states. Guest speakers at the event include representatives finance ministries from FreeBalance customers including Afghanistan, the Democratic Republic of Timor-Leste, Sierra Leone, Uganda, and Liberia. Panelists and speakers will include representatives from the IMF, the World Bank, ODI, the African Development Bank and the Organisation for Economic Cooperation and Development (OECD).
“FreeBalance is pleased to have been invited to participate in the Cape Conference 2010 event,” said Manuel Pietra, President & CEO at FreeBalance. “Our mission as a company is to help countries around the world leverage technology to support economic growth and development. Many of our customers are participating in this event and we fully support the collaborative exchange of lessons learned and good practices.”
FreeBalance is a global provider of software solutions for PFM, where PFM is an essential part of the international development process. FreeBalance solutions support government modernization, fiscal decentralization, and public finance reform across all levels of government.
FreeBalance customers span the globe and the user community includes public financial management professionals in 18 countries, including Afghanistan, Iraq, Kosovo, Liberia, Mongolia, Namibia, Pakistan, Panama, Sierra Leone, Southern Sudan, Timor-Leste, and Uganda among others. FreeBalance operates in 15 customer time zones. FreeBalance has more than 60,000 users around the world. FreeBalance software manages a global civil service workforce of 1,500,000, and also manages a quarter trillion ($US) annual budgets worldwide.
FreeBalance helps governments around the world leverage robust Government Resource Planning (GRP) technology to accelerate country growth. FreeBalance software solutions for public financial and human resource management support reform and modernization to improve governance, transparency and accountability. Good governance is required to improve development results. For more information, visit www.freebalance.com.
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