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LG Accountability Debate. Local Budgeting and Financial Management Course March 29-30, 2005. Are LGs fundamentally different?. Capacity Scale Diversity Dependence on intergovernmental system Reform Issues Change Management? Setting Hurdles and Incentives?.

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lg accountability debate

LG Accountability Debate

Local Budgeting and Financial Management Course

March 29-30, 2005

are lgs fundamentally different
Are LGsfundamentally different?
  • Capacity
  • Scale
  • Diversity
  • Dependence on intergovernmental system
  • Reform Issues
    • Change Management?
    • Setting Hurdles and Incentives?
are lg budgeting and financial management lbfm systems fundamentally different
Are LG Budgeting and Financial Management (LBFM) systems fundamentally different?
  • Budgeting?
  • Financial Management?
  • Standards
    • Clarity/Codification/Uniformity
  • Reporting?
  • Accountability?
    • Proximity to Citizens?
challenge
Challenge
  • IMF/WB Mission Arrives and Notes Lack of Decentralized Financial Accountability
    • IMF Recommendation to shift to Comprehensive & Uniform Accrual Accounting System
    • Channel public resources to LGUs that meet financial accountability standards
    • Country Director keen to ramp up lending to LGs
slide6
Task
  • Report to CD on 2-3 year work program to strengthen local financial accountability
    • What diagnostic work will you do?
      • Do you have the right instruments?
    • Define a strategy to enhance LBFM accountability
      • Is accrual accounting focus appropriate?
      • Where?
    • What is Bank’s role in supporting this strategy?
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