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LATEST FROM PEFA |
| Live from the Steering Committee Meeting in Oslo, Norway: In this video, the Head of PEFA Secretariat, Srinivas Gurazada, joins us live outside the Steering Committee Meeting to report that PEFA Climate is launched and available for immediate use, that the PEFA e-learning course is now also available in French and Spanish, that PEFA conducted its first PEFA++ training in Arabic post-COVID in Kuwait, and that all the budget credibility information and messages collected to help monitor the United Nations SDGs goals are now easily available in a single webpage on the PEFA website – please take a look at all the resources! |
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April 2024 – Formal Launch of PEFA Climate: PEFA Climate is now available after piloting 2020-2023 in 19 countries on both national and subnational levels! Endorsed by the Steering Committee in April 2024, all newly approved PEFA Climate resources can be found here in English: The Supplementary Framework guidance, the written PEFA Climate Report template, and the templates of the automated excel calculation tables to create the supporting charts integrated throughout the document. Stay tuned for the publications in Spanish, French, and Portuguese. |
PEFA contribution to SDGs initiative: Now available on the PEFA website is a new page dedicated to highlighting the PEFA Secretariat’s project “Enhanced PEFA data collection of the UN Sustainable Development Goals Indicator 16.6.1 on budget credibility.” The webpage highlights the UN initiative, the role of the WBG Data department in its promotion through the SDG Atlas, as well as analysis of the available data, the monitoring process, expected results, policy implications, and publications. | |
| Key Messages from the MENA PEFA++ Training in Kuwait – English and Arabic: The PEFA Secretariat was in Kuwait City for the MENA PEFA++ Training in Arabic May 19-21. The training was co-organized with the World Bank MENA Governance Global Practice team and hosted by the International Monetary Fund Center for Economics and Finance (IMF-CEF). This three-day workshop included PEFA 2016, PEFA Subnational, AgilePEFA, PEFA Gender, and PEFA Climate. It was attended by 32 country officials including representatives of Ministries of Finance and Supreme Audit Institutions from 12 countries in the region. |
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NOW AVAILABLE - PEFA e-learning course in French: The PEFA e-learning course, first published in English in 2021, is now available in French and accessible to all on the Open Learning Campus (OLC) platform. All professionals interested in Public Finance Management are invited to register and complete this self-paced training course. The course is ideal to get to know and understand the PEFA Framework, its methodology, and discover how its findings can be used to improve PFM reforms. The time for completing the course is approximately 4hours. |
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NOW AVAILABLE – PEFA e-learning course in Spanish: The PEFA e-learning course, first published in English 2021, is now available in Spanish and accessible to all on the Open Learning Campus (OLC) platform. All professionals interested in Public Finance Management are invited to register and complete this self-paced training course. The course is ideal to get to know and understand the PEFA Framework, its methodology, and discover how its findings can be used to improve PFM reforms. The time for completing the course is approximately 4 hours. |
RECENTLY PUBLISHED PEFA REPORTS
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Publication of the PEFA++ 2024 Nepal National Assessment with PEFA Gender and PEFA Climate (English) The fourth PEFA 2024 Nepal National Assessment along with PEFA Gender and PEFA Climate were undertaken by the Government of Nepal as self-assessments with technical support from the World Bank. The PEFA Gender and PEFA Climate Assessments were co-financed by the Nepal PFM Multi-Donor Trust Fund.
Read the Reports and Summary Scores in English: | Publication of the PEFA+ 2023 Gambia National Assessment with PEFA Gender (English)
The third Gambia PEFA 2024 Assessment along with PEFA Gender (GRPFM) was led by the government with the financial support of the African Development Bank Group, and technical support from the International Monetary Fund, the World Bank, and the European Union.
Read the Reports and Summary Scores in English: |
OUR VIDEOS FROM PEFA
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| In this short video, Holy-Tiana Rame, Senior Governance Specialist of the PEFA Secretariat, highlights the importance of the collaboration taking place at the February 26-29th regional Climate-smart Public Financial Management MENA Conference organized by the World Bank in Cairo. She presented PEFA Climate, now launched and accessible here. Over 200 participants gathered in Cairo, including representatives from 16 MENA countries, specifically from Ministries of Finance, Ministries of Planning, Ministries of Environment, and Supreme Audit Institutions, among others. | ||||||
In this video the Head of PEFA Secretariat, Srinivas Gurazada, welcomes participants to PEFA and the new e-learning course now available in English, French and Spanish. | |||||||
Here is the trailer for the PEFA E-Learning course highlighted above that is now available in English, French, and Spanish. PEFA welcomes all users interested in discovering more about PFM and effective reforms to register today! The approximately 4 hours course is self-paced and available on the OLC platform. | |||||||
In this short video, Hajar Ben Ameur, Head of Budgetary Reforms Division, Ministry of Economy and Finance, Morocco, speaks to the journey of Gender Responsive Budgeting (GRB) in her country and how the PEFA Gender Supplementary Framework and the Gender Responsive Public Financial Management (GRPFM | |||||||
PFM GLOBALLY | |||||||
Publications | |||||||
Gender Budgeting: Step-by-Step Toolkit This Toolkit aims to assist European Union managing authorities apply gender budgeting tools specifically in the processes of the EU Funds under shared management. For each step of the process, users can access a variety of tools and promising practices from Member States. The newly added Tool 8 introduces a tracking system that allows for a targeted monitoring of spending at different stages of the programming cycle. Tool 8 comes with a downloadable excel file to support Member States calculate their expenditures for gender equality and thus track resource allocation for gender equality in EU policy funds. Of interest to those working on: PEFA Gender Pillar 2: Transparency of Public Finances
Digital Solutions Guidelines for Public Financial Management These Guidelines published by the IMF are intended to serve as a comprehensive reference material for the assessment, design, and improvement of digital initiatives in the public financial management (PFM) area. To support the digital transformation of PFM functions, the Guidelines are structured around three Pillars – Functional, IT Architectural, and Governance and Management. Each pillar is comprised of six principles, which are further broken down into one to four attributes to promote more efficient and transparent PFM operations while fostering innovation and managing digital risks. These Guidelines also allow a graduated approach to digital transformation of PFM through three levels of maturity for each Attribute – foundational, intermediate, and advanced – to help take into account country-specific contexts and capacities in digital transformation strategies. Of interest to those working on: Pillar 6: Accounting & Reporting Pillar 2: Transparency of Public Finances | How Accountants Can Help Save Public Finances This IMF article argues that a government’s financial health is central to the lives of its citizens, but many governments do not produce full financial statements. Those that do often publish them far too late to be of practical use or without important information about the value of the assets governments use. And very few countries—perhaps only New Zealand—put the balance sheet at the heart of government financial decision-making. Governments thus deprive themselves of crucial information that could greatly improve the management of public services and the safety of public finances. Governments would benefit from complementing their current fiscal rules with a primary rule based on net worth that more comprehensively reflects their financial position. Of interest to those working on: Pillar 6: Accounting & Reporting
Addressing Inequality in Budgeting: Lessons from Recent Country Experience In many countries, public expenditure, including transfers, plays a major role in reducing income inequality. This OECD report reviews the various ways that budgeting can be used to this end. It first includes taking a broad approach to results-based budgeting, taking social and distributional goals into consideration. Second, it relies on integrating distributional impact analysis directly into the budget process. The report discusses the concrete experience of eight OECD countries in this area, analyzing how they are integrating distributional impact assessment in spending and budgeting decisions. Finally, it discusses the tools, frameworks and data that are needed to take distributional considerations into account as part of evidence-informed policy making. Of interest to those working on: Pillar 4: Policy-Based Fiscal Strategy & Budgeting
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