PEFA Newsflash February 2024

Publications

How Green Budgeting is Embedded in National Budget Processes

This European Commission Economy Discussion Paper demonstrates how green budgeting can help governments incorporate environmental considerations into the budget decision making process to meet their green commitments. Integrating such tools into the regular budget process is crucial to ensure that green budgeting can influence policy development and budget allocation. It shows that, considering the various stages of the budget cycle, such tools are commonly used during the preparation phase, which is essential for the inclusion of green considerations into the budget. However, green budgeting has so far been mostly used to provide transparency over government actions and less so to decide on budget allocations. As the process matures, countries aim to use green budgeting more strongly as a decision-making tool.

Of interest to those working on:

Pillar 4: Policy-Based Fiscal Strategy & Budgeting

PEFA Climate

Improving Public Financial Management and Internal Control (PFM/IC)

This IMF PFM Blog presents the highlights of the new book by Noel Hepworth, (former CEO of SIPFA) Public Financial Management and Internal Control: The Importance of Managerial Capability for Successful Reform in Developing and Transition Economies. The book argues that PFM/IC is not simply financial reform. It also requires managerial reform, a need which has not been widely recognized.  Establishing a managerial approach depends heavily upon the cultural tradition of a country.

Of interest to those working on:

SNG PEFA Assessments

The Government Analytics Handbook: Leveraging Data to Strengthen Public Administration

The Government Analytics Handbook presents frontier evidence and practitioner insights on how to leverage data to strengthen public administration. Covering a range of microdata sources—such as administrative data and public servant surveys—as well as tools and resources for undertaking the analytics, it transforms the ability of governments to take a data-informed approach to diagnose and improve how public organizations work. The Handbook is a must-have for practitioners, policy makers, academics, and government agencies.

Of interest to those working on:

Pillar 2: Transparency of Public Finances

Pillar 4: Policy-Based Fiscal Strategy & Budgeting

What is gender-responsive budgeting?

This UN Women blog shares that gender-responsive budgeting is a strategy that creates budgets that work for everyone. By considering and analyzing the unique and diverse needs of every person, gender-responsive budgets strive for a fair distribution of resources. Current economic models and budgets can lead to fiscal policies and budgets that are biased. But when gender gaps are brought to the surface, governments can target available resources to address gender inequalities and support sustainable, inclusive development for all. It highlights examples from Austria, Colombia, Morocco, and Rwanda.

Of interest to those working on:

Pillar 2: Transparency of Public Finances

PEFA Gender

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