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THE IMPACT OF EFFECTIVE OVERSIGHT


                                          Effective oversight has a direct link to the improvement of democratic process. It brings more
                                          people into decision-making so that decisions better reflect the interests of the society as a whole;
                                          it improves accountability and transparency and reduces corruption; it enhances parliament’s
                                          legitimacy as a responsive, inclusive and representative institution.


                                          There is also linkage between effective oversight and economic and human development: policy
                                          and legislation are strengthened, and governance becomes more effective as a consequence of
                                          review and amendment (improving policy outcomes). 6


                                          Another positive impact on the  exercise of effective governance is on the  electoral.
                                          Parliamentarians are taking advantage of oversight function to gain trusts from their voters
                                          and even new voters. By performing such role, the constituents know exactly that their
                                          representatives are fighting for their aspirations and rights. This in the end, will increase their
                                          credibility, integrity and responsiveness as a member of parliament.


                                          FINANCIAL OVERSIGHT

                                          When it comes to financial oversight, we further urge parliamentarians to exercise their oversight
                                          role where donor funded programs and projects are concerned. When parliamentarians engage
                                          with donor agencies and the funding process, they can not only increase the effective use of
                                          donor aid and loans, but can also deter any dishonest use of these funds.


                                          The Parliamentary Oversight Global Task Force (GTF-PO) focuses on financial and operational
                                          integrity which includes: the on-going review of all government revenue and expenditures; and
                                          legislation and other parliamentary rules establishing government financial control practices,
                                          procedures to account for and report revenues and expenditures, as well as procedures and
                                          authorities for parliamentary oversight of financial administration. It also includes legislation
                                          and other rules which guide and enable parliament to oversee the implementation of the UN
                                          Convention Against Corruption (UNCAC).


                                          In 2013, GOPAC and the Parliamentary Network on the World Bank and the International
                                          Monetary Fund, in collaboration with the World Bank and the International  Monetary
                                          Fund, developed the “Guidelines to Strengthen Oversight through Parliamentarian-Donor
                                          Collaboration” to provide critical guidance to parliamentarians regarding the role they play in
                                          combating donor fund related corruption.



                                          6       www.undp.org/content/undp/en/home/library/







                                               Selected Speeches of the Vice Speaker of the House of Representatives of the Republic of Indonesia  I 237
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