SPIU
The MINECOFIN SPIU is strategically positioned to manage the ongoing and planned as well as future projects identified in the course of translating sector strategic plans into development results. It further serves as repository of knowledge on lessons of experience accumulated in the course of implementing and closing the completed projects. The benefits to be derived from the established SPIUs include among others (i) realization of economies of scale and reduction of transaction costs; (ii) improved coordination and creation of synergy; (iii) efficiency and effectiveness in project implementation oversight through improved M&E; (iv) improved staff retention leading to reduction in staff turnover and increase in institutional memory, and (v) increased knowledge and expertise as well as best practices in project management.
The established MINECOFIN SPIU is responsible for designing and implementing all planned projects in the Ministry of Finance and Economic Planning and plays host to all project management phases (Initiation, Planning, Execution, Monitoring and Control as well as Closing).
The SPIU coordinates different ongoing projects composed of the following:
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