PILLARS | INDICATORS | DIMENSIONS |
---|---|---|
III. Management of assets and liabilities | 10. Fiscal risk reporting | 10.1 Monitoring of public corporations |
10.2 Monitoring of subnational governments | ||
10.3 Contingent liabilities and other fiscal risks | ||
11. Public investment management | 11.1 Economic analysis of investment proposals | |
11.2 Investment project selection | ||
11.3 Investment project costing | ||
11.4 Investment project monitoring | ||
12.Public asset management | 12.1 Financial asset monitoring | |
12.2 Nonfinancial asset monitoring | ||
12.3 Transparency of asset disposal | ||
13. Debt management | 13.1 Recording and reporting of debt and guarantees | |
13.2 Approval of debt and guarantees | ||
13.3 Debt management strategy | ||
IV. Policy-based fiscal strategy and budgeting | 14. Macroeconomic and fiscal forecasting | 14.1 Macroeconomic forecasts |
14.2 Fiscal forecasts | ||
14.3 Macrofiscal sensitivity analysis | ||
15. Fiscal strategy | 15.1 Fiscal impact of policy proposals | |
15.2 Fiscal strategy adoption | ||
16. Medium-term perspective in expenditure budgeting | 16.1 Medium-term expenditure estimates | |
16.2 Medium-term expenditure ceilings | ||
16.3 Alignment of strategic plans and medium-term budgets | ||
16.4 Consistency of budgets with previous year’s estimates | ||
17. Budget preparation process | 17.1 Budget calendar | |
17.2 Guidance on budget preparation | ||
17.3 Budget submission to the legislature | ||
18. Legislative scrutiny of budgets | 18.1 Scope of budget scrutiny | |
18.2 Legislative procedures for budget scrutiny | ||
18.3 Timing of budget approval | ||
18.4 Rules for budget adjustment by the executive |
PEFA Handbook Volume 1: The PEFA Assessment Process – Planning, Managing and Using PEFA