Micro finance project in Bangladesh.
Photo: Anders Gunnartz
Sida administers half of Sweden’s development aid budget
Sweden’s total development aid budget for 2017 is SEK 46.1 billion, which is 0.99 per cent of BNI. Deductions from the aid budget are made for, among other things, refugee costs in Sweden, EU assistance and contributions to the regular budget of some UN agencies. Those costs excluded leaves SEK 36.8 billion for development cooperation, of which Sida manages SEK 34.8 billion. Of this amount, approximately SEK 12.5 billion are funds that the Government Offices decide upon and follow up, but where Sida handles payments and certain financial monitoring.
The goal for Swedish development aid is to create better living conditions for people living in poverty and oppression.
The assistance covers eight thematic areas:
- Environment and climate
- Gender equality
- Defended human security and freedom from violence
- Democracy, respect for human rights and freedom from oppression
- Inclusive and sustainable economic development , including employment and decent work conditions
- Education and research
- Humanitarian aid.
The letter of appropriation sets out how Sida is to carry out its work, reporting on specific areas and preparing new cooperation strategies.
It is important to check how taxpayers’ money is being used in combating poverty and that the work funded by Sida is of high quality and achieves results. It is the responsibility of Sida, partner countries and cooperation partners to report on how funds are being used.
Scrutiny of Sida’s work
It is important to monitor how tax revenue is used in the fight against poverty. It is also important to verify that the aid financed by Sida is of high quality and yields results. It is the responsibility of Sida as well as the partner countries and the partners' to report on how resources are used and the results obtained.
Sida is led by a Governing Board. The Internal Audit reports to the Board and conducts an organizational and, in relation to the operations being examined, independent and objective audit and advisory services. Internal auditing is administratively located directly under the Director General.
The Swedish National Audit Office is part of the central control power of the Swedish Parliament. They ensure that the Parliament receives a coordinated and independent audit of the state finances including Sida's.
The Expert Group on Aid analysis, EBA, has the task of ordering, compiling, implementing and communicating evaluations, analyses and studies on aid implementation, results and efficiency. The EBA has an independent position in relation to the review and respond independently for relevance and quality of the reports it chooses to publish.