Guatemala 2018

I. Budget reliability
Scores by Dimension
Overall Indicator Score
Indicator
1. Aggregate expenditure outturn
B
Indicator
1.1 Aggregate expenditure outturn
B
2. Expenditure composition outturn
C+
Indicator
2.1 Expenditure composition outturn by function
C
2.2 Expenditure composition outturn by economic type
C
2.3 Expenditure from contingency reserves
A
3. Revenue outturn
C
Indicator
3.1 Aggregate revenue outturn
C
3.2 Revenue composition outturn
C
II. Transparency of public finances
Scores by Dimension
Overall Indicator Score
Indicator
4. Budget classification
A
Indicator
4.1 Budget classification
A
5. Budget documentation
B
Indicator
5.1 Budget documentation
B
6. Central government operations outside financial reports
C
Indicator
6.1 Expenditure outside financial reports
C
6.2 Revenue outside financial reports
C
6.3 Financial reports of extrabudgetary units
C
7. Transfers to subnational governments
C+
Indicator
7.1 System for allocating transfers
A
7.2 Timeliness of information on transfers
D
8. Performance information for service delivery
C
Indicator
8.1 Performance plans for service delivery
A
8.2 Performance achieved for service delivery
C
8.3 Resources received by service delivery units
D
8.4 Performance evaluation for service delivery
D
9. Public access to fiscal information
B
Indicator
9.1 Public access to fiscal information
B
III. Management of assets and liabilities
Scores by Dimension
Overall Indicator Score
Indicator
10. Fiscal risk reporting
D+
Indicator
10.1 Monitoring of public corporations
C
10.2 Monitoring of subnational governments
D
10.3 Contingent liabilities and other fiscal risks
D
11. Public investment management
C+
Indicator
11.1 Economic analysis of investment proposals
C
11.2 Investment project selection
A
11.3 Investment project costing
D
11.4 Investment project monitoring
C
12. Public asset management
D+
Indicator
12.1 Financial asset monitoring
C
12.2 Nonfinancial asset monitoring
C
12.3 Transparency of asset disposal
D
13. Debt management
C+
Indicator
13.1 Recording and reporting of debt and guarantees
C
13.2 Approval of debt and guarantees
A
13.3 Debt management strategy
D
IV. Policy-based fiscal strategy and budgeting
Scores by Dimension
Overall Indicator Score
Indicator
14. Macroeconomic and fiscal forecasting
D+
Indicator
14.1 Macroeconomic forecasts
D
14.2 Fiscal forecasts
C
14.3 Macrofiscal sensitivity analysis
D
15. Fiscal strategy
C
Indicator
15.1 Fiscal impact of policy proposals
D
15.2 Fiscal strategy adoption
B
15.3 Reporting on fiscal outcomes
C
16. Medium-term perspective in expenditure budgeting
D+
Indicator
16.1 Medium-term expenditure estimates
B
16.2 Medium-term expenditure ceilings
D
16.3 Alignment of strategic plans and medium-term budgets
C
16.4 Consistency of budgets with previous year’s estimates
D
17. Budget preparation process
B+
Indicator
17.1 Budget calendar
C
17.2 Guidance on budget preparation
A
17.3 Budget submission to the legislature
A
18. Legislative scrutiny of budgets
C+
Indicator
18.1 Scope of budget scrutiny
C
18.2 Legislative procedures for budget scrutiny
B
18.3 Timing of budget approval
C
18.4 Rules for budget adjustment by the executive
B
V. Predictability and control in budget execution
Scores by Dimension
Overall Indicator Score
Indicator
19. Revenue administration
D+
Indicator
19.1 Rights and obligations for revenue measures
D
19.2 Revenue risk management
C
19.3 Revenue audit and investigation
C
19.4 Revenue arrears monitoring
D
20. Accounting for revenue
C+
Indicator
20.1 Information on revenue collections
B
20.2 Transfer of revenue collections
B
20.3 Revenue accounts reconciliation
C
21. Predictability of in-year resource allocation
B
Indicator
21.1 Consolidation of cash balances
A
21.2 Cash forecasting and monitoring
A
21.3 Information on commitment ceilings
C
21.4 Significance of in-year budget adjustments
C
22. Expenditure arrears
C+
Indicator
22.1 Stock of expenditure arrears
B
22.2 Expenditure arrears monitoring
C
23. Payroll controls
D+
Indicator
23.1 Integration of payroll and personnel records
D*
23.2 Management of payroll changes
D*
23.3 Internal control of payroll
D*
23.4 Payroll audit
C
24. Procurement
C+
Indicator
24.1 Procurement monitoring
B
24.2 Procurement methods
C
24.3 Public access to procurement information
A
24.4 Procurement complaints management
D
25. Internal controls on nonsalary expenditure
B
Indicator
25.1 Segregation of duties
A
25.2 Effectiveness of expenditure commitment controls
A
25.3 Compliance with payment rules and procedures
D*
26. Internal audit
D+
Indicator
26.1 Coverage of internal audit
D*
26.2 Nature of audits and standards applied
C
26.3 Implementation of internal audits and reporting
D*
26.4 Response to internal audits
D*
VI. Accounting and reporting
Scores by Dimension
Overall Indicator Score
Indicator
27. Financial data integrity
B
Indicator
27.1 Bank account reconciliation
A
27.2 Suspense accounts
C
27.3 Advance accounts
D
27.4 Financial data integrity processes
A
28. In-year budget reports
D
Indicator
28.1 Coverage and comparability of reports
D
28.2 Timing of in-year budget reports
D
28.3 Accuracy of in-year budget reports
D
29. Annual financial reports
D+
Indicator
29.1 Completeness of annual financial reports
C
29.2 Submission of reports for external audit
A
29.3 Accounting standards
D
VII. External scrutiny and audit
Scores by Dimension
Overall Indicator Score
Indicator
30. External audit
C+
Indicator
30.1 Audit coverage and standards
C
30.2 Submission of audit reports to the legislature
A
30.3 External audit follow-up
B
30.4 Supreme Audit Institution independence
C
31. Legislative scrutiny of audit reports
D
Indicator
31.1 Timing of audit report scrutiny
D
31.2 Hearings on audit findings
D
31.3 Recommendations on audit by the legislature
D
31.4 Transparency of legislative scrutiny of audit reports
D