Mr. Tiruneh Tefera, Finance Directorate Director

The Finance Directorate plays a crucial role in ensuring the efficient and transparent management of financial resources within the health sector. It is responsible for budget planning, allocation, and expenditure management to ensure that funds are directed towards priority health programs and services. The directorate works to strengthen financial accountability mechanisms by implementing effective internal control systems, financial reporting standards, and auditing procedures to minimize risks such as mismanagement and fraud. Additionally, it mobilizes financial resources from domestic and international sources, including government allocations, donor contributions, and public-private partnerships, to enhance the sustainability of health financing. By conducting economic analysis and cost-effectiveness studies, the directorate ensures that available resources are used optimally, supporting evidence-based decision-making in financial planning and policy development.

Beyond financial planning, the directorate also focuses on ensuring equitable and sustainable health financing. It develops strategies to improve financial protection mechanisms, reducing the burden of healthcare costs on individuals, particularly vulnerable populations. The directorate oversees the implementation of health insurance schemes, including risk pooling and cost-sharing models, to expand access to quality healthcare while maintaining financial sustainability.

Objectives of the Finance Directorate

  • Efficient Financial Resource Management
    • Ensure the efficient and transparent management of financial resources within the health sector.
    • Oversee budget planning, allocation, and expenditure management to prioritize essential health programs and services.
  • Financial Accountability and Risk Management
    • Strengthen financial accountability mechanisms through effective internal controls and financial reporting standards.
    • Implement auditing procedures to minimize risks such as mismanagement, inefficiencies, and fraud.
  • Financial Resource Mobilization
    • Mobilize financial resources from domestic and international sources, including government allocations, donor contributions, and public-private partnerships.
    • Enhance the sustainability of health financing through diversified funding sources.
  • Economic Analysis and Cost-Effectiveness Studies
    • Conduct economic analysis to optimize the utilization of available financial resources.
    • Perform cost-effectiveness studies to support evidence-based decision-making in financial planning and policy development.
  • Equitable and Sustainable Health Financing
    • Develop strategies to improve financial protection mechanisms, reducing out-of-pocket healthcare expenses for individuals, particularly vulnerable populations.
    • Oversee the implementation of health insurance schemes, including risk pooling and cost-sharing models, to expand access to quality healthcare while maintaining financial sustainability.