<p><em>Authors: Hélène Barroy, Ding Wang, Claudia Pescetto, Joseph Kutzin</em></p><p>The COVID-19 pandemic requires sufficient public funding to ensure a comprehensive response. Reprioritizing public spending toward bolstering the economy and the health system requires timely action from government leaders and a <a target=”_blank” href="https://blogs.worldbank.org/governance/getting-government-financial-management-systems-covid-19-ready">supportive public finance environment</a>. Highly-affected countries have taken various approaches to budgetary allocation, depending on their public financial management (PFM) and regulatory systems. Adjustments are required on the <a target=”_blank” href="https://blog-pfm.imf.org/pfmblog/2020/03/fiscal-policies-coronavirus.html">revenue side of budgets</a> (e.g. loans) to account for these new economic and fiscal constraints. Quick decision-making on the expenditure side is also needed. That will be the focus of this blog. <strong>Every country must develop specific processes for allocating budget funds to the response</strong>. To inform budgetary response in countries where the pandemic may spread in the near future, a summary of observed budgetary practices in some highly-affected countries is provided below, with the aim of informing other countries about responses to three key questions: </p><p><strong>1) What are the immediate spending actions that can be taken with existing budgets? </strong></p><p><strong>2) How to secure budget for COVID-19 response through revisions in finance laws? </strong></p><p><strong></strong><strong>3) What can be done to accelerate budget execution and funds release to the frontlines?</strong></p><p><a target=”_blank” href="https://p4h.world/en/node/8821">Please click here for the full article. </a></p><p><strong> </strong></p><p><em>We acknowledge inputs received from Tomas Roubal (WHO Western Pacific Regional Office), Tsolmongerel Tsilaajav (WHO South East Regional Office), and Agnès Soucat (WHO Headquarters).</em></p>
Tags: Public Health
Architect since 2002, experienced in healthcare environment design. Master in public health sciences from the Charité Medical University in Berlin. Evidence-based Design researcher at TU-Berlin, helping ensure that urban & architectural design projects build positive health effectively. Founder of the Building Health Lab. BHL Building Health Lab Is a think tank that develops urban concepts for neighborhoods as strategy to build a sustainable healthy city. Our mission is to help government, industry, and citizens develop projects with social impact that protect people and planet health. With our expertise in health and design, we support health promotion and disease management through people-centred and climate adaptive designs.