The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH is the implementing agency of the Federal Republic of Germany for technical and international cooperation. It offers flexible, sustainable and effective solutions in political, economic and social change processes. Most of the work of GIZ is commissioned by the German Federal Ministry for Economic Cooperation and Development (BMZ). GIZ also operates on behalf of other German ministries as well as public and private bodies in Germany and abroad. These include the European Commission, the United Nations, the World Bank and governments of other countries.
The objective of the recently approved Good Financial Governance Project is to strengthen public finance institutions – primarily the Ministry of Finance and Economic Development (MoFED) – regarding tax policy, budget preparation and internal audits. In addition, there will be a flexible component to improve the preconditions for public finance reforms. The aim of the project is to contribute to development orientation, transparency, and accountability.