How to budget for COVID-19 response?

March 27, 2020

<p>The COVID-19 pandemic requires sufficient public funding to ensure a comprehensive response. Reprioritizing public spending toward bolstering the economy and the health system requires timely action from government leaders and a <a href="https://blogs.worldbank.org/governance/getting-government-financial-management-systems-covid-19-ready">supportive public finance environment</a>. Highly-affected countries have taken various approaches to budgetary allocation, depending on their public financial management (PFM) and regulatory systems. Adjustments are required on the <a href="https://blog-pfm.imf.org/pfmblog/2020/03/fiscal-policies-coronavirus.html">revenue side of budgets</a> (e.g. loans) to account for these new economic and fiscal constraints. Quick decision-making on the expenditure side is also needed. That will be the focus of this blog. <strong>Every country must develop specific processes for allocating budget funds to the response</strong>. To inform budgetary response in countries where the pandemic may spread in the near future, a summary of observed budgetary practices in some highly-affected countries is provided below, with the aim of informing other countries about responses to three key questions: </p><p><strong>1) What are the immediate spending actions that can be taken with existing budgets? </strong></p><p><strong>2) How to secure budget for COVID-19 response through revisions in finance laws? </strong></p><p><strong></strong><strong>3) What can be done to accelerate budget execution and funds release to the frontlines?</strong></p><p><a href="https://p4h.world/en/node/8821"></a><a href="https://www.who.int/docs/default-source/health-financing/how-to-budget-for-covid-19-english.pdf?sfvrsn=356a8077_1"><a href="https://www.who.int/docs/default-source/health-financing/how-to-budget-for-covid-19-english.pdf?sfvrsn=356a8077_1">Download the full article here</a></a></p><p><strong>&nbsp;</strong></p><p><em>Authors: H&eacute;l&egrave;ne Barroy (WHO Headquarters), Ding Wang </em><em>(WHO Western Pacific Regional Office)</em><em>, Claudia Pescetto (WHO Regional Office of the Americas), Joseph Kutzin&nbsp;</em><em>(WHO Headquarters)</em></p><p><em>The authors acknowledge inputs received from Tomas Roubal (WHO Western Pacific Regional Office), Valeria de Oliveira Cruz (WHO South East Regional Office), Tsolmongerel Tsilaajav (WHO South East Regional Office), Camilo Cid (WHO Regional Office of the Americas), and Agn&egrave;s Soucat (WHO Headquarters).</em></p><p><em></em><em></em></p><p>For more information on public financial management and budgeting, please see:<br />- <a href="https://www.who.int/publications-detail/budget-matters-for-health-key-formulation-and-classification-issues">Budget matters for health: key formulation and classification issues</a><br />- <a href="https://www.who.int/publications-detail/leveraging-public-financial-management-for-better-health-in-africa-key-bottlenecks">Leveraging public financial management for better health in Africa: key bottlenecks and opportunities for reform</a></p><p><em>&nbsp;</em></p><p><em><a href="https://ezcollab.who.int/hftn/public/join">Sign-up for our Health Financing Technical Network here!</a></em><br /><em>This online network is a place to share information, find updates on new materials or events related to WHO's work on health financing policy.</em></p><p><em>&nbsp;</em></p><p><em>&nbsp;</em></p>

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