Since 2008, UNDP has provided fiducial monitoring services to the Japan International Cooperation Agency (JICA) and the Government of Iraq on the JICA funded Official Development Loan (ODA) project for socio-economic infrastructure activities implemented by the GoI.
Since then, JICA signed 31 loan agreements for approximately US$7.7 billion, with the GoI, each intended to fund economic and social infrastructure projects and programs that will improve the daily lives of Iraqi people. In order to ensure accountability, transparency and efficiency in project implementation, the GoI and the Government of Japan/JICA jointly established a Monitoring Committee in 2008. UNDP has undertaken a support role, assisting and advising the Committee based on the partnership agreement between JICA and UNDP.
Under this partnership, UNDP works alongside JICA and the Government to monitor projects and develop institutional capacity. UNDP ensures that all the procedures are properly carried out in accordance with JICA guidelines and regulations and identifies bottlenecks pertaining to project implementation, providing analyses and recommendations for action on cross-cutting issues, to accelerate project implementation.