GR Post

In his Blog “Reflecting on the PEFA 2022 Global Report on Public Financial Management”, Ed Olowo-Okere, Global Director, Governance Global Practice at the World Bank, highlights the importance of the report, just launched by the PEFA Secretariat, that provides a valuable basis for conducting broad assessments of the readiness of countries’ PFM systems to respond to crises.

He reveals six key messages from the Global Report, that flagged several areas where PFM aspects are still at the basic level or below, indicating the need for urgent actions.

To learn more, read the Blog published on the World Bank Blog Site on Governance for Development: Reflecting on the PEFA 2022 Global Report on Public Financial Management