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Juin 2022                         June 2022                    Junio 2022

LATEST FROM PEFA
   

From the Desk of the Head of PEFA Secretariat: In this video, the Head of PEFA secretariat, Srinivas Gurazada, highlights the latest news from PEFA, included in the June 2022 Newsflash, and invites PEFA family to learn more about the recent PEFA activities.

E-learning course

PEFA E-learning course available at OLC and edX Platforms:

The PEFA online course is now launched also on the edX platform. Those interested  in the  course have a choice to register either on edX or OLC.

 

PEFA Secretariat welcomes the Luxembourg Delegation During the WB-IMF Spring Meetings 2022: The PEFA Secretariat welcomed the Luxembourg delegation, led by Arsene Jacobi, Director of Multilateral Affairs and Development Aid at the Ministry of Finance, Luxembourg and Christina Bianchessi, Advisor to the WB Executive Director.

 

PEFA Training in Djibouti: The first in-person PEFA training after COVID-19 took place in the People's Palace of Djibouti and was attended by nearly 40 professionals from the budgetary and financial administrations, the Court of Auditors, the General State Inspectorate and other public establishments. The training was led by Helene Magnier, PEFA Secretariat, with the support of the WB Team and Practice Manager- Jens Kristensen.

New Joint PEFA-ACCA Blog on Rethinking Public Financial Management: In this blog, the authors reflect on improvements governments need to make to ensure their PFM systems are flexible and resilient enough to deliver effectively in the future.

 

Mainstreaming Public Participation into Climate Budgeting: PEFA is pleased to launch a new PEFA Research series paper that explores the role of public participation in climate budgeting in Bangladesh, Indonesia, and Nepal. This preliminary analysis finds scope for improvement in meeting the Global Initiative for Fiscal Transparency’s Principles of Public Participation and also identifies additional data and research needed to fill the gap in understanding the citizen needs and forms of participation in the context of climate budgeting.

 

RECENTLY PUBLISHED PEFA REPORTS

 

 

 

 

Publication of the PEFA 2021 Agile Greenland Assessment

The PEFA 2021 Agile Assessment for Greenland, let by the Government and financed by the European Union is the second PEFA Report for Greenland. The analysis shows a clear improvement in 19 indicators, among them: forecast of revenue, comprehensiveness of information included in budget documentation, improved consolidation of fiscal data across government, fiscal risk oversight, and others.

PEFA 2021 Greenland Agile Assessment: summary

Read the Report in English and Greenlandic: report

 

 

Publication of the PEFA 2021 Belgium Capital Brussels Region Sub-National and Gender Responsive PFM Assessments

This report was funded by the EU Structural Reform Support Program and implemented in cooperation with the European Commission. It includes a Gender Responsive PFM Assessment. The report was  undertaken in cooperation with the government of the  Brussels-Capital Region. 

PEFA 2021 Belgium Capital Region Assessment:  report with GRPFM Annex

Sub-national Assessment:  summary

Gender Responsive PFM Assessment: summary

 

 

 

Publication of the PEFA 2021 Niue Assessment

The second PEFA assessment for Niue, supported by the Asian Development Bank (ADB),  aims to benchmark PFM systems in Niue against international good practice. The report  shows improvement in several areas of performance, e.g.,  project expenditures funded by development partners are better reflected in the budget estimates, greater clarity in the budget calendar, tighter arrangements for tax collections, and improved management of suspense accounts.
PEFA 2021 Niue Assessment: report and summary

 

Publication of the PEFA 2022 Botswana Gender-Responsive PFM Assessment

The first PEFA Botswana Gender Responsive PFM Report is a self-assessment funded by the Government of Botswana. The assessment shows the progress that remains to be made in making sure that the PFM system can assist in the budgeting for implementation of and reporting on programs that affect gender equality in the country.
 

PEFA 2022 Botswana Gender Assessment: report and summary

 

 
       

OUR LATEST VIDEOS

 

“Are PFM reforms really making a difference in citizen services? How did increasing number of women PFM professionals influence the landscape of PFM reforms? “ Srinivas Gurazada, head of PEFA secretariat enjoyed having a frank conversation with Nicola Smithers, Practice Manager, WB and former Head of the PEFA Secretariat, on the past, present and future of PFM. This video interview is part of #PEFA20years interview series on #LetstalkPFM.

 

Mme Barry Aoua Sylla, Deputy Minister, Ministry of Economy and Finance of Mali, shares her experience of undertaking a PEFA assessment in the country. She discusses how this exercise helped move forward Mali’s PFM reforms by identifying areas of improvement and remaining gaps and weaknesses. Watch the full video in French and English.

 

In this short video interview, Mr. Jason Wynnycky, Director, Millennium Challenge Corporation (MCC), speaks about  the experience of MCC in using the PEFA assessments as good indicators, showing where to focus the efforts of the organization in assisting the countries in the PFM components and the Economic Growth.

 

PFM GLOBALLY

Publications

Gender Budgeting in Public Financial Management

Gender budgeting calls for including a gender perspective at all levels of governmental budgetary processes. This study uses a literature review to examine the current debate on gender budgeting and to elicit avenues for future research.

Could be of interest to those using PEFA Gender responsive PFM supplementary framework

Budgetary Practices of the Spanish Regional Governments – IMF Blog

IMF Blog on a research project, conducted during 2021, using a comprehensive survey of 15 of the 17 Regional Governments in Spain, covering 92% of total regional public expenditure. The results are presented in a report that provides for the first time a comprehensive description of the current budgetary practices of Regional Governments in Spain.

Could be of interest to those using country examples and working on

Pillar I: Budget Reliability

Pillar II: Transparency of Public Finances

Resources Portal on Public Financial Management on Health

The  Global resources on PFM in Health Sector are published by World Health Organization and include PEFA data.

 

Public Sector Accounting Assessment (PULSE) Framework Handbook

PULSE, the deep dive tool on Public Sector Accounting developed by the World Bank complements PEFA assessments. The tool aims to support national and subnational governments in developing efficient and effective accounting systems that conform with International Public Sector Accounting Standards (IPSAS).

Could be of interest to those working on

Pillar III: Management of Assets and Liabilities

Pillar VI: Accounting and Reporting

How to share public money fairly: TED Talk by Maja Bosnic, Public Finance Expert, who says "We have the right to demand budgets to be equitable, to be fair," making the case for gender considerations to be integrated in all budgets.

Could be of interest to those using PEFA Gender responsive PFM supplementary framework

Climate-Sensitive Management of Public Finances—"Green PFM”

In response to the growing urgency to fight climate change, “green PFM” aims at adapting existing PFM practices to support climate-sensitive policies. This note outlines a framework for green PFM, combining various entry points within, across, and beyond the budget cycle.

Could be of interest to those using PEFA Climate responsive PFM supplementary framework

 

 

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