Changes

The model innovatively includes [[Expenditure_Indirect_Support_(ExpIDS)|expenditures with indirect support]] (called sector management activities), going as far as allocating mandates – and corresponding percentages for expenditures - to different institutions (policy setting, regulation and sector information and monitoring systems) (Fonseca et.al, 2011).

|SWIFT has been tested at different stages in Zambia, Mozambique and Kenya with the objective of developing a tool for a sector-wide application in African countries.

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The outputs of SWİFT are financing requirements and financing availability - and hence financing gaps - shown along a large number of variables (institutions, regions, investment expenditure, current expenditure, etc.). The Public Finance Module specifies terms and conditions and projects loan service. In this way the tool facilitates an iterative process of matching the expenditures required to meet given targets with available finance and also the incorporation of the financing strategy into public budgets during strategy implementation (EUWI Finance Working Group, 2007).