Objective By the end of the session participants should be able to:
Understand the basic principle of community based financial management,
Understand the sources of finance in managing the O&M of the schemes
Outputs Participants are understood the concept of Financial Management for rural
water supply schemes.
Timing 0.5 hour
Target Group Basically this module is designed form WASHCOs and Water Boards,
however, this training is offered for Regional Water Bureau, Zone and Worda
Water Offices, NGOs who utilize it to cascade the training the primary
audience that is WASHCO.
Step – 1: Introduction to Financial Management In Ethiopia water supply and sanitation have considered as basic social
service which eventually pave way for poverty reduction. This has meant
adopting a policy that demands users to pay for the service that they getting
as supplying water free or almost free of charge are not possible or treat for
equity. Thus, the government has set a policy in which the beneficiary should
manage water supply and sanitation schemes including its financial
resources.
The financial management such as recording of income and expenditure,
internal auditing has to be conducted regularly. Thus, failure to keep
appropriate financial records resulted with inability to cover costs of operation,
maintenance in the case of rural water supply schemes.
Financial Management involving community participations pave attention for
the following points:
Partnership, negotiations for O&M cost recovery,
Ministry of Water, Irrigation and Electricity Operation and Maintenance Management Manual