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What’s public finance (PF) for, anyway? Presented at the Commission on Human Rights/UNDP peer review of Human Rights Based Approach (HRBA) to Public Finance.

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Presentation on theme: "What’s public finance (PF) for, anyway? Presented at the Commission on Human Rights/UNDP peer review of Human Rights Based Approach (HRBA) to Public Finance."— Presentation transcript:

1 What’s public finance (PF) for, anyway? Presented at the Commission on Human Rights/UNDP peer review of Human Rights Based Approach (HRBA) to Public Finance (PF), 17 January 2013 at the CHR Quezon City Isagani R Serrano President, PRRM

2 HRBA to PF: Bull’s eye! State of HR, state of PF: deficits & business-as usual What’s PF for, anyway? Game/frame changing: ‘from GDP to HR’ HR in post-2015 development agenda: reconfirming rights, recognizing limits, redefining goals

3 HRBA to planning & budgeting HR-sensitivity of assessment instruments HR-sensitivity of planning instruments HR-sensitivity of budgeting

4 HRBA to revenue generation Common but differentiated responsibilities for financing development Progressive taxation HR perversion: people should keep their money since they know better than government how to spend it (eg. Bush & the likes)

5 HRBA to deficit & borrowing HRBA to ‘living within your means’ (balanced budget at the expense of HR) HRBA to deficit: spending more for HR HRBA to borrowing: debt as such not the problem

6 No excuses Maximum available resources: whatever a country can give Under any circumstances: normal or crisis situation regardless

7 HRBA to accountability Report card, process & outcome assessment Baseline for next PF cycle Accountability across-the-board & beyond mandated institutions Citizen audit

8 How to make it happen? HR education Back to basic: change what we value most; change the measures, change the indicators: make HR count (baseline, M&E, all assessment, planning & budget instruments) PNoy (the duty bearer) takes the lead!

9 Thank you!


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