Financial resilience after disasters sought
MANILA, Philippines — As they confront disaster-related problems, countries should develop strong institutions and mobilize key stakeholders to achieve financial resilience, an adviser to an intergovernmental policy forum said.
Countries are facing growing challenges from disasters, said Stephane Jacobzone, senior adviser for the Organisation for Economic Cooperation and Development (OECD)’s public governance directorate.
“Sound public financial management, strong institutions, coordination between national and local levels and transparent reporting on results – these are what it takes to deliver for communities,” Jacobzone said.
Representatives from the government, development partners, private sector, academe and civil society convened from July 13 to 16 for the OECD’s mission.
Christina Frasco, presidential adviser for sustainable and resilient communities, said advancing sustainable and resilient communities “is among President Marcos’ foremost priorities.”
Held under a European Union-funded project, the mission provides a platform for experts to exchange experiences and enumerate practical approaches to enhance resilience and sustainable development.
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