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Value for Money Update - Issue 2 - May 2014
Launched in 2012 with the Tunis Conference of Ministers of Finance and Health, the Value for Money (VfM), Sustainability and Accountability programme is seen as a “game changer” in social service delivery in Africa “by obtaining the best possible outcome within a given budget”. Africa has shown encouraging progress in human development outcomes and MDGs. These have been partly the result of an unprecedented flow of aid to support programmes related to these goals. However, with the global economic downturn since 2008, the flow of aid has declined in many areas.