Integrated National Financing Framework

Establishment of an Integrated National Financing Framework for Sustainable Development in Uzbekistan

Project summary:

The Joint Programme (JP) “Establishment of an Integrated National Financing Framework for Sustainable Development in Uzbekistan” implemented jointly by UNDP, UNICEF, WHO and UNODC. The goal of the Joint Programme is to help the Government of Uzbekistan strengthen the overall financing framework for its national development strategies and

public finance management. It further aims to create an enabling environment to introduce new forms of public and private finance, while improving the efficiency of its existing financial resources for its development priorities. The programme aims to facilitate the establishment of an Integrated National Financing Framework (INFF) with financial solutions to maximize the development impact of social (with specific focus on social assistance and health sectors) and environmental policies/reforms. The INFF process and framework will help identify development priorities for financing of the SDGs.

The JP will support the Government to: a) establish an INFF with its sector specific Financing Frameworks in healthcare and social assistance, b) optimize the existing public finance flows for maximum impact and outreach (public finance management and national asset recovery system) and c) build effective architecture for mobilizing public and private resources (health financing solutions, green bonds/sukuk for environment-friendly projects, crowdfunding, etc).

Expected results:

Once the Joint programme is completed, the Government will have a long-term integrated planning/financing framework, key elements of the Mandatory Health Insurance architecture (the core of the health sector reform) in place, financing strategy for the social assistance system, climate change and environment protection; policy guidelines to mobilize selected alternative financing solutions such as green bonds/sukuk  and a national mechanism to channel confiscated and recovered proceeds of crime towards SDGs. The established governance mechanisms under the programme will continue to provide guidance and monitor implementation of the INFF. National partners will be able to undertake expenditure reviews, costing, cost-benefit and fiscal space analysis, without support from UN, with a lasting impact on the Government’s ability to implement effective policymaking for SDGs.