The Public Expenditure and Financial Accountability (PEFA) Program, started in December, 2001, and has been jointly financed by the World Bank's Development Grant Facility (DGF), the European Commission (EC), the UK's Department for International Development (DFID), the Swiss State Secretariat for Economic Affairs (SECO), the Royal Norwegian Ministry of Foreign Affairs, the French Ministry of Foreign Affairs and the International Monetary Fund (IMF). A Steering Committee, comprising members of these agencies, is managing the Program. A Secretariat implements the PEFA work and is located in the World Bank offices in Washington, DC.
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