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Leonard Hessling

World Bank Consultant,

Public Sector Expert


2014-11 The EXCHANGE:

Governance Global Practice - Integrated Reporting in the Public Sector


The Exchange covered three different, yet interrelated, topics: the development of micro, small, and medium enterprises (MSMEs), accountancy, and job creation. It explored the need for strong accountancy to underpin MSME development and access to finance, with a view to aiding this sector of the economy in contributing to job creation.

The Exchange is a major annual forum that provides a channel for dialogue, enabling countries to share experiences and promote societal-governmental consensus building. It fosters intra-regional cooperation and stimulates interest in improving public financial management and corporate financial reporting in MENA. The Exchange facilitates knowledge-sharing from transitional democracies and showcases successful experiences from fragile and conflict states.  The Exchange starts where financial management diagnostics leaves off, that is, in supporting the creation of an enabling environment for reforms to move from concept to reality.  It helps catalyze innovative activities to develop regional public goods and enables the World Bank to fulfill its mission as a “Solutions Bank.”