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Municipal Finance Practicioners

176 posts

As I continue to prepare for my fact-finding trip to Bangladesh (and hopefully Myanmar) in December, I was pleased to review a comprehensive review of the situation: https://social.shorthand.com/devex/ngYBhs38Hn/a-scramble-to-provide-services-in-bangladeshs-far-flung-refugee-sites?mkt_tok=eyJpIjoiTjJNMllUSTJOalV3T1dZMCIsInQiOiJSVndlMHBzUlpoZTF1VzhrRDZ4bjBLT2F1ZnNORWQ1T1E0YXNIXC91d0ZkeVJGMFRLT1RWWVFBY1ZCbkZacEJhU3hSdHViXC90ZzlyejRUZnVoc1NtXC9kNzBFZTBWYWJ1UDgrcnJOXC8wZVE5R1wvSXNEYk9SWWY2VEpsM09ib0xiVXJ2In0%3D

 

People willing to work hard to set up temporary shelters and camp life in Bangladesh, but from my own experience in a number of countries, discussions are going on in these camps about the work that is ahead of them to return home.   For most, home is between 40 and 80 miles to the east.   I would like to understand the efforts that must be underway considering how to facilitate 'voluntary repatriation' in safety and dignity.

Greetings community members!

 

The City Creditworthiness Initiative has just completed a study of the 500 largest cities in the developing world.  Our goal was to see how many have been rated and of those, how many are investment grade. 

 

This is the first post in series that will be presenting the findings and methodology. 

 

  • Of the 500 largest cities, only 94 (19%) have a public credit rating that is considered 'investment grade' 
  • 32 cities have a 'speculative grade' rating

 

Therefore, about 25% of the 500 largest cities in the Developing World have a public credit rating from a local or international rating agency. 

 

Watch this space for more details on the findings, including lists of all active rating agencies as well as analysis of the data to highlight interesting trends, country snapshots and research on municipal bond issuances.  We will also make the raw data available. 

Wow, what a rush the last 2 months have been.  I have been studying the effects of war on young minds over the last few weeks.  I have been looking at how war is so horrible that it is so difficult to overcome.  It has helped to visit the grave of a fallen soldier from the Vietnamese War era.  He and his friends were all over Laos, Cambodia and Vietnam.   That era has given Americans a first hand look at under-development. 

 

This September in New York the UNGA discussions which were hindered by incredibly delicate political negotiations.  Look at the speeches of the leaders from Myanmar and Bangladesh.  Will there SDG hopes be affected by the conflicts that are raging along their borders?

 

I will hope to visit that area in December, 2017.  I would like to encourage discussions by colleagues on this platform.  C4D will be my test zone over the next 3 months.  Making progress that affects the lives of citizens in need around the world is a noble cause.   On November 4th, in Palm Desert, California students and young professionals will man a table explaining how to make progress in the SDG challenge.  Need your support to provide current, relevant data and reports.

The municipal council of Deir Alla Municipality has approved the budget of 2017 with no deficit for the second year gradually. Also, the municipality has already fulfilled  all the debs and loans the municipality suffered from in the priory years. Then, the municipality decreased the percentage of salaries from the total budget. Many procedures have been adopted that helped us to reach this result. Also, we still study more procedure and decisions to increase income and to improve the methods to get taxes and fees. At the meantime, the municipality is studying to launch some projects that could help reach local development. Moreover, we hope that we could have investment projects as well as we try to reach public private partnership.

About 15 employees of the Finance Secretariat and the Local Governance Secretariat of the City of Porto Alegre participated on Tuesday, 27, in the sharing session of the World Bank's Creditworthiness Academy. Coordinated by the deputy chief resilience officer of the Porto Alegre Resilient Project, Patrick Fontes, the training was aimed at municipal technicians working in the administrative, financial and planning sectors with the objective of sharing the knowledge about developing capacities in the search for private investments in urban infrastructure.The training was also attended by the Secretary of Local Governance, Cezar Busatto.

 

"The growth of cities will require large amounts of resources to meet the growing demand for urban infrastructure. And for Porto Alegre is no different. Therefore, qualifying the management of municipal finances and exploring ways to create more value from the assets and the urban territory is fundamental to guarantee the economic sustainability of the municipality and attract more investments to the city. The World Bank and the Rockefeller Foundation are partners in these challenges by making available to Porto Alegre knowledge and tools to make this possible, "said Fontes.

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Source: Servidores da Secretaria da Fazenda participam de treinamento do Banco Mundial – Porto Alegre Resiliente

The next version of the Public-Private Partnership Reference Guide is being drafted for release in 2017. https://ppp.worldbank.org/public-private-partnership/library/public-private-partnerships-reference-guide-version-20    If you are not already familiar with Version 2.0, the link will take you to it.

 

The next version will also feature several new topics, including:

• Stakeholder Engagement
• Environmental and Social Studies
• Climate Change
• Islamic Finance and PPPs
• Municipal and other Sub-national PPPs
• PPPs and the Sustainable Development Goals
• PPPs in Fragile and Conflict States

Comments and feedback are being sought concerning 'Stakeholder Engagement' until November 10th.  http://consultations.worldbank.org/consultation/public-private-partnerships-reference-guide

khalifeh

SWM

Posted by khalifeh Aug 13, 2016

It is my pleasure to announce that we started our first phase of Deir Alla Local Plan of Solid Waste Management. This phase includes Cleaning Campaigns. The project has hired about 150 local workers and Syrian refugees to be engaged in the cleaning campaigns. The next step is Awareness Campaigns for the community. I am really very for the successful cooperation with the German Agency for Technical Cooperation (GIZ) for their technical and financial aids for my Municipality to implement our SWM Local Plan.

khalifeh

Solid Waste Management

Posted by khalifeh Jun 27, 2016

It’s of our pleasure to reach a partnership with the German Agency for Technical Cooperation (GIZ) in the field of municipal solid waste management.
The first phase of the cooperation will be implementing capacity building and awareness campaigns for the municipality staff as well as the local community. At the main time, there will be cleaning campaigns from the local Jordanian and Syrian refugees.
We call everyone unemployed in Deir Alla (Jordanian or Syrian) to visit and register to make use of this opportunity in the office of the committee in Municipality library daily from 9:00 A.m to 2:00 P.m.

 

 

 

 

khalifeh

SWM local plan

Posted by khalifeh May 28, 2016

          Regarding our local plan of solid waste management, I would like to tell you about some progress we are achieving. Through the last few months,  I had contacts with the GIZ/the German Agency. I had meetings with them and we discussed our efforts in this regard. I introduced them to Deir Allas local plan of solid waste management. After several meetings we  agreed upon having a bilateral agreement to be signed in the coming days.

          Our agreement might include the following:-

·        Arranging cleaning campaigns that must include Syrian refugees with local Jordanians.

·        Constructing a simple sorting station of solid waste (the place and the building is available).

          In addition to our efforts to reach investment in solid waste.

Dear friends,

          We still need assistance to improve our plans in this field and need to know the experiences of others in dealing with solid waste.

 

Look forward to hearing from you.

 


khalifeh

Sorry For the delay

Posted by khalifeh May 19, 2016

Dear friends and experts,

I am very sorry for the delay and as I did not activate with the activities in the last academy in INDIA as I was extremely busy with international organizations to implement some projects in my city. But surely I will follow up through the website and the links I receive. I hope it was as always a successful academy and I hope I could have some success stories from India to learn from.

manthu

nice presentation by Jan

Posted by manthu May 11, 2016

Jan presentation on capital investment.jpg

We are getting information with lots of enjoyment which is being presented by Jan.

Greetings Community Members and welcome to our discussion on credit ratings for sub-sovereign entities!

 

It is well known that a key tool in developing and showcasing good financial management practices is to obtain a credit rating from a respected rating agency. 

 

In order to shed some light on credit ratings for sub sovereign entities I have the pleasure to presenting Fernando Mayorga of Fitch Ratings answer your questions on sub-sovereign finance in developing countries:

 


A Brief Introduction of Fernando Mayorga:

Fernando is the global head of the International Public Finance group at Fitch Ratings. His team rates local and regional governments as well as public sector entities, including social housing, public transportation, universities, and health care providers outside of the US. Previously he was also CEO of the Spanish offices for Fitch Ratings.

 

Prior to joining Fitch in 1993, Fernando worked in Banco Exterior de España in London, where he was responsible for the credit analysis of the bank’s U.K. and Latin American corporate exposure. Fernando has an MSc in Financial Economics from the University of London and a BA (Hons.) in Modern European Studies from West London University. He also holds a postgraduate diploma in banking from Guildhall University and was an associate member of the Chartered Institute of Bankers in the U.K. Fernando is currently based in Barcelona.

We are happy to announce that the Municipal Finance and Creditworthiness Academy for Turkey has begun!

 

The Academy will run from April 10 to April 15 in Ankara and it's organized in partnership with the Union of Municipalities of Turkey. The training aims to support Turkey municipalities to improve their financial management performance for better access to financing that is needed to build sustainable and resilient infrastructure in a context of rapid urbanization and fast growing cities. Representatives from 27 Turkish sub-national governments are participating!

 

You are most welcomed to follow live updates from the Academy in this blog. We will be posting pictures, the Academy most important topics and presentations. Stay tuned!

 

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Hello Community members,


C40 has recently released 100 short briefs and case studies of proven climate-smart actions at the municipal level in developing countries.  Amongst the interesting topics covered are transportation (climate friendly technologies such as Bus Rapid Transit), efficient urban energy systems, sustainable solid waste and many more including an issue very close to our hearts... municipal creditworthiness.


Please visit their site and peruse the many topics offered at http://www.c40.org/blog_posts/roadmaps-for-successful-climate-action-c40-cities-share-100-case-studies-proven-to-work


"As cities around the world look for ways to implement the Paris Declaration and meet the ambition of the UN Climate Change Conference (COP21), C40 is showcasing 100 real world examples of projects and approaches that have already proved successful in our member cities.

Eleven new C40 Good Practice Guides offer mayors and urban policymakers roadmaps for tackling climate change, reducing climate risk and encouraging sustainable urban development.

With 100 case studies taken from cities of every size, geography and stage of development around the world, the Good Practice Guides provide tangible examples of climate solutions that other cities can learn from.

 

“Cities are leading the way on climate change, as they proved at COP21 in Paris. But it is not just political leadership that mayors are offering, it is tangible solutions to reduce emissions, mitigate climate risks and deliver sustainable growth for their cities,” says Shannon Lawrence, C40’s Director of Global Initiatives. “As members of C40, our 83 cities understand the value of stealing each other’s good ideas to catalyse and accelerate climate action.”

For cities struggling with torrential rains and flooding, the Climate Change Adaptation in Delta Cities guide offers a range of approaches - including Copenhagen’s innovativeCloudburst Management Plan - to emulate. Rio de Janeiro’s holistic planning for theTransOeste BRT— a case study from the Bus Rapid Transit guide - serves as an example for cities planning a Bus Rapid Transit corridor and trying to measure potential benefits.

"The Good Practice Guides are a great resource that I can put to immediate practical use in planning the emissions reduction plan for the City of Melbourne,” says Kate Noble, Sustainability Officer, Melbourne. "It is also great to share our C40 best practices with outside cities to help them seize the opportunity of acting on climate change and getting the co-benefits as soon as possible.”

The Good Practice Guides identify nearly 70 categories of good practice for climate change actions in energy, transport, solid waste management, urban planning, adaptation and finance. C40 hopes that cities within our network and beyond will be able to adapt and replicate the concrete examples and approaches highlighted in the Guides. This will allow cities to take meaningful action on climate change more quickly, at a lower cost and achieve greater impact than if they were acting alone."

 

http://www.c40.org/blog_posts/roadmaps-for-successful-climate-action-c40-cities-share-100-case-studies-proven-to-work

 

 

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