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Value for money in the delivery of Official Development Assistance through facility arrangements | 1.72 MB |
Australia’s Official Development Assistance (ODA) budget in 2019–20 is $4.044 billion. In 2018–19, expenditure on aid by the Department of Foreign Affairs and Trade (DFAT) made up 90.8 per cent of Australia’s total ODA spend (valued at $3.976 billion). DFAT’s ODA expenditure represented 65 per cent of the department’s total expenditure.
Facility contractors are delivering $2.8 billion in aid on behalf of Australia over the life of 20 major investments. Effective implementation of Australia’s aid program supports the Australian Government’s long-term policy objectives. Transparency about the purpose, results and costs of these investments, and value for money achieved, helps to maintain confidence that they represent a proper use of public resources.
The audit objective was to examine DFAT’s achievement of value for money objectives in the delivery of Official Development Assistance (aid) through facility arrangements.
Key findings: