Governance, Financial and Systems Sustainability, Downstream Risk Assessment
Waayeel Consulting conducted a comprehensive assessment focusing on governance, financial sustainability, and downstream risk for the National Communications Authority. This assessment involved:
Financial management assessment of the executing and implementing agency
Financial projections of beneficiary agencies and incremental recurrent costs.
Evaluation of financial sustainability and affordability
Review of proposed cost-recovery mechanisms
Identification of significant risks to financial sustainability or viability
Proposal of relevant financial performance indicators to be integrated into financial covenants.
This thorough evaluation aimed to provide actionable insights to enhance the overall governance framework, ensure financial stability, and mitigate downstream risks for the National Communications Authority.
Client
National Communications Authority, Somalia
Sponsored by
The World Bank
(Scale-up Projects)
Time
6 Weeks
Client Background
The National Communications Authority (NCA) is the regulatory body for the communications sector in Somalia. NCA was established through the Communications Act of 2017 and its mandate is to regulate the Communications sector including telecommunications, Internet, broadcasting, Information, and Communications Technology, eCommerce services.
Client Testimonial
The training program on budgeting and PFM organized by Waayeel Consulting exceeded my expectations. The facilitators were highly knowledgeable professionals who used practical examples that made the concepts easy to grasp. My skills in budget planning, implementation and reporting have significantly improved. I now feel more empowered and confident to champion transparency and accountability in managing scarce public funds.
Mohammed Abdirizak
Senior Officer, Budget Department at the Ministry of Finance