The Strengthened Approach to supporting PFM Reforms
The Strengthened Approach reflects the principles that guide international support for development by emphasizing country-led reform, donor harmonization and alignment around the country strategy, and a focus on monitoring of results.
The Strengthened Approach has three components:
- A country-led agenda - a country led PFM reform strategy and action plan.
- A coordinated program of support- a coordinated IFI-donor integrated, multi-year program of PFM work that supports and is aligned with the government’s PFM strategy.
- A shared information pool – a framework for measuring results that provides consistent information on country PFM performance, including progress over time.
This document, which describes the Strengthened Approach, is incorporated in the OECD/DAC Guidelines on Harmonizing Donor Practices for Effective Aid Delivery, volume 2, February 2005. This version of the document is available in English. Further information about the Strengthened Approach is available on the World Bank's website, on the Public Finance page in the public sector and governance section.
Common Approach to PEFA Value added and links to other PFM Indicators
The main purpose of the note is to provide information to the non-PEFA partners about the value added by the PFM Performance Measurement Framework (the PEFA Framework). PEFA being a multi-agency partnership program it requires to present a common view for participating governments on how the PEFA Framework and its application relate to other PFM indicator sets, which are supported by its Partners. Whilst it is appreciated that the list of other indicator sets globally in use is extensive, this note is primarily focused on PFM indicator sets which are fully or partially sponsored by the PEFA partners and used throughout the World. [English]
