We have recently developed and pilot tested an approach to PFM improvement that aims at assisting countries to more effectively identify, prioritize and sequence reform initiatives and ensure that countries take charge of their own reform design and implementation. Volume IV of the PEFA Handbook – Using PEFA to support PFM improvement has been designed as a practical guide for government officials, development partners and PFM experts for developing reform initiatives and improve plans to address weaknesses in PFM identified through PEFA reports and other diagnostic assessments.
The guidance sets out a simple seven stage approach to developing and implementing PFM reform initiatives from the initial identification of the problems (including weaknesses identified in PEFA and other diagnostic tools), to designing, sequencing, implementing and monitoring.
The approach has now been pilot tested by the PEFA Secretariat in three countries – Peru, West Bank and Gaza and Fiji – with each country testing a different facilitation model for providing guidance.
The Secretariat plans to pilot test the guidance in several more countries during 2020 and 2021, including providing support remotely. In the meantime we would invite comments and feedback from the PEFA community on the approach outlined in the guidance.