PFM Global Landscape What can we cay about PFM systems and trends around the world? Sanjay Vani, World Bank Bill Dorotinsky, IMF March 21, 2008 Sequencing Seminar Outline Overview of Significant Developments in PFM area in the last few years Trends and Status of PFM systems – HIPC data
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What can we cay about PFM systems and trends around the world?
Sanjay Vani, World Bank
Bill Dorotinsky, IMF
March 21, 2008
Budget execution and reporting relatively weaker than formulation in 2001, and showed most progress to 2004.Comprehensiveness, medium-term perspective, internal audit, timely in-year reporting, and ex poste audit, remain weakest areas.
2004 Update: Findings
% of Benchmarks met by indicator (2001-2006)
Budget comprehensiveness, donor funds on-budget, medium-term perspective, internal audit, relatively weaker areas.
Average PEFA scores, by region and dimension