Public financial management group
What are public financial management systems?
1. Introduction Public financial management (PFM) systems are a core area for reform in many developing countries. PFM systems support decision making on fiscal policy and underpin budget implementation and reporting.
What is public financial management & service delivery?
Source:Adapted and further developed from NYU International Working Group (2020), pp. 82-87. 2. Public Financial Management and Service Delivery The path from government policy choices to government actions, including service delivery, relies heavily on the PFM system, which raises, allocates, organizes, and accounts for public resources.
Does public financial management quality vary across countries?
These characteristics jointly explain about 40 percent of the variation in the quality of public financial management across countries. Furthermore, first- diference analysis suggests that countries with lower initial public financial management quality improve at a higher rate over time.
What is the public financial management training program (fmtp)?
The Public Financial Management Training Program (FMTP). The FMTP was established in 2006 by the government of Liberia under the World Bank–funded Low- Income Countries Under Stress Trust Fund as a training ground for graduates in PFM.
[PDF File]Public financial management for universal health coverage
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Introduction. Public Financial Management (PFM) gains greater significance as governments respond to the COVID19 pandemic. This policy note is intended as a primer on why public financial management in the health sector matters in support of progress toward universal health coverage.
[PDF File]An Intergovernmental Perspective on Managing Public Finances ...
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This paper is the final output of an initiative on improving the management of public finances in low- and middle-income countries based at the New York University Robert F. Wagner Graduate School of Public Service (NYU-Wagner). This effort convened an international working group to investigate and
[PDF File]Strengthening Public Financial Management - The World Bank
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about 40 percent of the variation in the quality of public financial management across countries. Furthermore, first-difference analysis suggests that countries with lower initial public financial management quality improve at a higher rate over time. This implies that structural factors set the
[PDF File]PEFA, Public Financial Management, and Good Governance
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2.1 Public Expenditure and Financial Accountability (PEFA) 2011 pillars 10 Figures 1.1 Annual budget cycle 2 1.2 Disbursements of overseas development assistance for public financial management (PFM) by all donors, 002 2– 61 5 2.1 The public financial management (PFM) system according to the 2011 Public Expenditure and Financial
[PDF File]PRINCIPLES FOR PUBLIC FINANCIAL MANAGEMENT
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Session 1(a) – Public Financial Management Role of PFM In Macroeconomic Management and Fiscal Policy Objectives of PFM Key Characteristics of Prudent PFM Key Principles For Strategic Budgeting Budget Cycle Management Session 1 (b) – PFM Assessment and Reform Approaches Presentation Outline (afternoon) Session 2 – Local Government Debt Management
[PDF File]Public Finance Management: Challenges and Opportunities
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Public Finance Management: Challenges and Opportunities By Liudmila Tkachenko* The paper reveals the essence of the system of public financial management (PFM), defines its key elements of PFM system and articulates goals and objectives. The author's definition of PFM is given. A comparative analysis
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