From the monthly archives:
In recognition of the importance and centrality of public finance issues to peace in Sudan, the wealth sharing agreement that accompanied the Comprehensive Peace Agreement (CPA) outlined a new basis for intergovernmental fiscal relations stipulating the following:
“The wealth of Sudan shall be shared equitably so as to enable each level of government to discharge its legal and constitutional responsibilities and duties”
Accordingly, the Fiscal, Financial, Allocation and Monitoring Commission (FFAMC) was established in November 2005 by Presidential decree in accordance with the stipulations of the CPA and the Interim National Constitution (INC). The operations of the FFAMC are deemed a major requirement of the CPA [Article 8 of the Wealth Sharing Agreement] and Interim National Constitution in order to ensure transparency and fairness both in regard to the allocation of nationally collected funds to the states/regions and the Government of Southern Sudan (GOSS). This has been further re-affirm ...