Financial Planning And Cash Control In Management Of International Financing Institutions In Rwanda : A Case Study Of Global Fund Rwanda 2008-2011

Abstract

This research was carried out to establish the impacts of financial planning and cash control in management of international financing institution with reference to Global Fund in Rwanda. To undertake this research, the general objective is to assess the effectiveness of financial planning and cash control in the management of Global Fund in Rwanda. The specific objectives are to investigate whether there is effective financial planning and cash control in Global Fund and to assess the impact of financial planning towards the performance of Global Fund. As far as methodology is concerned, the qualitative and quantitative approaches were used. The primary data was collected by using a questionnaire that consists of closed ended and open ended questions. The first four questions refer to biographic data of the respondents and the rest twelve questions the content relevant to the topic. The Secondary data was obtained from existing textbooks, journals from different authors, Global Fund report and relevant documents related to the topic under study. On the basis of the interpretation of the collected and analyzed data during the course of this research, the researcher found that Global Fund applies financial budget with a medium cash collection float. There are some indicators of financial performance like effectiveness of financial planning and cash control. Thus, the study objectives were attained and the questions to the study were answered. There is a sound financial planning process and cash control in Global Fund which contributes to the effective management of the Global Fund in Rwanda. The researcher recommends the Global Fund to reduce the cash collection float and empower its human resources.