TABLE 2.7: Financial structure of central government – actual expenditure (in currency units)
| Year | Central government Budgetary unit | Extrabudgetary units | Social security funds | Total aggregated1/ |
|---|---|---|---|---|
| Revenue | ||||
| Expenditure | ||||
| Transfers to (-) and from (+) other units of general gov‘t | ||||
| Liabilities | ||||
| Financial Assets Nonfinancial assets |
1/ Where available this should be the consolidated total, but other aggregation method may be used (with explanation).
This subsection describes the responsibilities of the main entities involved in PFM, including those in the different branches of government (executive, legislative, and the judicial), those in the different tiers of government (central and subnational governments), and those in extrabudgetary units (where relevant with cross-reference to the data for relative importance of the different segments of the public sector as per subsection 2.3). Additional information on the broad responsibilities for public financial management between the central finance agencies (such as Ministry of Finance, Ministry of Economic Planning, Revenue Authority, the Central Bank, Supreme Audit Institution, etc.), and between the Ministry of Finance and the line ministries is included. The organizational structure and departmental responsibilities of the Ministry of Finance are described, with an organization chart, if available, to be included as an annex. Any recent changes in responsibilities are mentioned.
In particular, the subsection highlights the institutional structures that have been established as part of the internal control framework, including their respective roles and responsibilities.
2.5. Other important features of PFM and its operating environment
This subsection describes the key features of the PFM system. The degree of centralization of the PFM system, the extent of earmarked revenue or extrabudgetary units, the type of control exercised by the external oversight bodies, and any recent changes, should be included. This subsection also explains any legal provisions and institutional structures for public participation in budget management, complementary to the role of the legislature as the representative of citizens’ interests.
The information provided here is to be descriptive and is not intended to make a statement on compliance with existing rules or effective roles played by the legislature and external audit. Such issues are captured in the detailed assessment of the PFM system in section 3 and the cross-functional analysis in section 4.
