The Public Expenditure and Financial Accountability Program
The Public Expenditure and Financial Accountability (PEFA) Program was founded in 2001 as a multi-donor partnership between seven donor agencies and international financial institutions to assess the condition of country public expenditure, procurement and financial accountability systems and develop a practical sequence for reform and capacity-building actions. A Steering Committee comprising these agencies manages the Program, while the Secretariat implements the PEFA activities.
The Strengthened Approach to Supporting Public Financial Management Reform
The PEFA Program builds on the principles of the Strengthened Approach to Supporting Public Financial Management Reform which is embodied in three components and closely aligned with the Paris Declaration on Aid Effectiveness.
a country-led agenda, "i.e.," a government-led reform program for which analytical work, reform design, implementation and monitoring reflect country priorities and are integrated into governments' institutional structures;
a coordinated program of support from donors and international finance institutions, "i.e.," in relation to both analytical work, reform financing and technical support for implementation;
a shared information pool on public financial management, "i.e.," information on PFM systems and their performance which is commonly accepted by and shared among the stakeholders at country level, thus avoiding duplicative and inconsistent analytical work.
The goals of the PEFA Program are to strengthen recipient and donor ability to (i) assess the condition of country public expenditure, procurement and financial accountability systems, and (ii) develop a practical sequence of reform and capacity-building actions, in a manner that:
Encourages country ownership
Reduces the transaction costs to countries
Enhances donor harmonization
Allows monitoring of progress of country PFM performance over time
Better addresses developmental and fiduciary concerns
Leads to improved impact of reforms
The Program provides its services through the PEFA Secretariat. The PEFA Program’s main activities are:
Development and maintenance of the PFM Performance Measurement Framework (PEFA Framework);
Support and guidance to the users of the PEFA Framework
Promotion of training programs and materials for assessors and assessment managers (consultants, donors and government staff) and,
Monitoring of the roll-out of the Strengthened Approach and application of the PEFA Framework for lesson learning and dissemination.
Technical support to users of the Framework and quality review of assessment reports is available upon request by email to the Secretariat at firstname.lastname@example.org.