BD signs $366,500 grant deal with UNICEF

The Economic Relations Division (ERD) under the Ministry of Finance, has signed a grant agreement worth $366,500 with the UNICEF, United Nations International Children's Emergency Fund, officially known as United Nations Children's Fund, reports BSS.

The agreement titled "Enhancing Evaluation Capacity for Development (EEC4D)" which was signed on Tuesday will contribute to implement the three-year project of the Implementation Monitoring and Evaluation Division (IMED) under the Ministry of Planning.

The overall objective of the project is to enhance the evaluation capacity of the government agencies for institutionalising evidence-based, efficient and effective investment for sustainable development, said an ERD press release on Wednesday.

Md. Shahriar Kader Siddiky, secretary of the ERD and Rana Flowers, country representative of UNICEF Bangladesh, signed the agreement on behalf of their respective sides.

Representatives from the UN Wing of ERD and concerned government agencies were present at the signing ceremony.

UNICEF has been a long-term partner for Bangladesh with its wide legacy and focus on children rights. UNICEF has been supporting both nationwide humanitarian response and development programmes.

Through the most recent project contributed to develop an evaluation policy and upcoming project is designed to enhance evaluation capacity of the government agencies for institutionalising evidence-based, efficient, and effective investment for sustainable development.

By the end of next three years, the project is expected to develop an evaluation policy implementation framework, draft evaluation act, rules for evaluation, develop evaluation training modules and guidelines to develop the national evaluation capacity.