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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.