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To put the FTIF to use, EB identifies governments in need of help through the congressionally mandated annual Fiscal Transparency Report.
The FTIF builds governments' capacity to make their budgets and spending transparent and makes civil society groups more able to press for, analyze and monitor government finances, which supports a host of other U.S.
Since its inception in 2012, the FTIF has funded 47 projects in 35 countries.
Through the FTIF, EB and USAID partnered with the Department of Treasury to place a resident advisor within Malawi's Ministry of Finance to address weakness in budgeting that contributed to the theft.
In Chad, FTIF supported creation of a Ministry of Finance website that gives citizens, for the first time, access to budget data, including annual budgets and data on the nation's petroleum contracts.
In Burma, FTIF worked with local partners to help the nation strengthen its budgeting and auditing, increase revenue-and expenditure-management by state and regional governments and increase public understanding of the budget.
Stephen Dover, CFA, has been appointed portfolio manager for FTIF Franklin MENA Fund.
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