The Fiscal Transparency Innovation Fund
Fiscal Transparency Innovation Fund Basics
Established in 2012, the Fiscal Transparency Innovation Fund (FTIF) provides grants to build technical capacity in governments that show the will to improve their fiscal transparency and to build capacity of civil society to press for, analyze, and monitor government finances. The FTIF complements and supports our broader anti-corruption and transparency priorities.
The Office of Monetary Affairs (OMA) and USAID's Bureau for Economic Growth, Education, and Environment (E3) jointly manage the FTIF. OMA and E3 regularly ask embassies to submit project proposals for FTIF funding consideration. We have have funded 59 projects in 43 countries to date.
How can FTIF help? FTIF funding can:
- Provide technical assistance to build public financial management capacity
- Train policymakers to strengthen financial management policies
- Help construct tools for the public dissemination of budget documents
- Establish workshops for government officials, civil society leaders, and journalists
- Empower civil society organizations to monitor public funds and expenditures
- Fund other innovative approaches to advance fiscal transparency