Expertise

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Digital economies are transforming public financial management through the digitisation of public services. This includes innovative toolkits and policy solutions that enhance government-to-person (G2P) services and payments. Additionally, the integration of digital identity, including Self-Sovereign Identity, leverages distributed ledger technologies and interoperable data exchanges, contributing to the fight against illicit financial flows.

Performance-based budgeting, spending reviews, and fiscal rules are essential components of public financial management that help address challenges such as illicit financial flows. Additionally, tools like cost-benefit analysis, options appraisal, financial modelling, and forecasting play a crucial role in optimizing resources for digital economies, all while utilizing results-based MEL frameworks.

Tax evasion and avoidance, trade mis‑invoicing, and trade‑based money laundering are significant challenges within digital economies, impacting public financial management. Addressing AML/CFT, anti‑corruption, and ensuring beneficial ownership transparency are crucial in combating illicit financial flows. Additionally, the application of machine learning and AI to risk assessment and detection frameworks plays a vital role in enhancing these efforts.

Employment strategies (including ALMPs), SMMEs, and public-private partnerships are essential for fostering digital economies. Additionally, catalytic transport economics, DFIs and investment, along with effective public financial management, play a crucial role in addressing illicit financial flows and designing social assistance that supports pathways to sustainable livelihoods.

End-to-end programme design and formulation encompasses aspects like the theory of change, implementation planning, and monitoring & evaluation, all of which are crucial for enhancing digital economies, addressing illicit financial flows, and improving public financial management.