‘DDM too dependent on external funding’ – 2013 report
The report was laid on the Table of the House of Assembly during the commencement of the Ninth Sitting of the Third Session of the Second House of Assembly on September 11, 2014.
“Financial resources from external sources tend to fluctuate from year to year and as such funding is not always geared towards national needs but to the objectives and mandates of these external entities,” said the 2013 report.
It said that while the DDM team is well-versed in preparing project proposals and sourcing project funds, the risk of this high dependence on external sources of funds can negatively impact the rate and success of implementation of future Disaster Risk Management (DRM) strategies and business plans of the DDM.
“In addition, as a UK Overseas Territory, the VI is not eligible for funding from a number of international development agencies,” it said.
5 Responses to “‘DDM too dependent on external funding’ – 2013 report”
If you read their report you will see that they DO generate some revenue. The amount may be small but they do. They seem to have been attracting some good donor support over the years too and that is mainly how they are able to get things done in the Communities. The new legislation has a fee schedule for more areas where revenue can be generated too but HOA got the ACT hold up for the past 3 years now!