PEFA 2016 Framework

PREFACE

LIST OF ABBREVIATIONS AND ACRONYMS

PART 1 PEFA OVERVIEW 1

1.1.Introduction 1

1.2.Scope and coverage of the framework 2

1.3.The PEFA performance indicators 5

1.4.The PEFA report 5

1.5.Overall structure of PEFA 6

Part 2: PEFA PERFORMANCE INDICATORS 7

2.1 General guidance on scoring 7

2.2 Scoring of indicators with multiple dimension 9

2.3 Specific guidance scoring for each indicator and dimension 11

Pillar I.Budget reliability 14

Pillar II.Transparency of public finances 20

Pillar III.Management of assets and liabilities 33

Pillar IV.Policy-based fiscal strategy and budgeting 44

Pillar V.Predictability and control in budget execution 55

Pillar VI.Accounting and reporting 73

Pillar VII.External scrutiny and audit 79

PART 3: THE PEFA REPORT 84

Executive summary 86

1.Introduction 87

2.Country background information 89

3.Assessment of PFM performance 94

4.Conclusions of the analysis of PFM system 96

5.Government reform process 99

Annex1.Performance indicator summary 101

Annex2.Summary of observations on the internal control framework 102

Annex3.Sources of information 103