Board Council Of FDCH
The FDCH is governed by Decree-law 12/2011, of 23 March, amended by Decree-law (DL) 11/2015, of 3 June, and Ministerial Diploma 9/2011, of 13 April, which approves the “Internal Regulation and the FDCH Board of Ministers’ Implementation Procedures”, establishing the FDCH as the entity responsible for managing and directing this development fund as follows:
- The Board of Directors is the entity responsible for managing the Fund.
- This Board of Directors is formed by the Minister of Planning and Strategic Investment, S.E. Kay Rala Xanana Gusmão, as Chairman, and five standing members: Minister of Finance, Minister of Education, Minister of Justice, Minister of Petroleum and Mineral Resources and the Secretary of State for Vocational Training and Employment.
Article 6 of Decree-law 12/2011, which governs the FDCH, establishes that the Board of Directors of the FDCH receives technical and administrative support from the Technical Secretariat of the Human Capital Development Fund to pursue its duties and responsibilities
The Human Capital Development Fund (FDCH) was established through State Budget Law (OGE) 1/2011, of 14 February 2011, approved by the National Parliament, in particular its articles 7 and 9, and based on the provisions of Article 32 of National Parliament Law 13/2009, of 21 October 2011, which refers to the creation of a State instrument for the definition, financing and implementation of the government’s policies on the qualification, training and capacity building of human capital and resources in Timor-Leste.
The FDCH is governed by Decree-law 12/2011, of 23 March, amended by Decree-law (DL) 11/2015, of 3 June, and Ministerial Diploma 9/2011, of 13 April, which approves the “Internal Regulation and the FDCH Board of Ministers’ Implementation Procedures”, establishing the FDCH as the entity responsible for managing and directing this development fund.
The Board of Directors of the FDCH (CA-FDCH) is supported by a technical secretariat, the functions of which are to coordinate the technical aspects of the Fund with the government agencies who need to develop their human resources, implementing training programmes and projects according to their areas of competence (Article 6 of the DL).
Objectives of FDCH
Article 2 of Decree-law 12/2011 refers specifically to the objectives underlying the creation of the Human Capital Development Fund, which we transcribe below:
- To ensure the financial management of public funds for national human resource training and public development;
- To ensure secure negotiations and signing of agreements, and multi-year programmes and projects;
- To allow funds to be retained in the FDCH at the end of the financial year, to ensure programme and project continuity, and
- To promote transparency and accountability by improving the reporting system on the execution of human resource training and development programmes and projects.
To have a better nation of the meaning of the last objective above and of the FDCH’s vision, the Chairman of the Board, S.E. Kay Rala Xanana Gusmão, said at one of the CA-FDCH meetings that “One of the reasons for creating the FDCH was to increase the quality of Timorese human resources and to prepare a new generation for the future development of the country”.
“Becomes a strong capital or Human Resources development entity to contribute and strengthen Timor-Leste’s development linked to NEDP 2011-2030 goals”.
“Contribute to the development of national human resources in various strategic development areas through funding of multi-annual training programs and projects, including programs to increase the training of Timorese professionals”.