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30 | PEFA Handbook Volume 1: The PEFA Assessment Process – Planning, Managing and Using PEFA and the composition of the approved budget. Explanations can include the accuracy of the original fiscal forecasts, external factors that may have impacted on revenues and expenditures after the budget was approved, and/or post-budget spending and revenue policy decisions, etc. Assessors are encouraged to specify whether these explanations come from the government or their own assessment.

 

Dimension 2.2. Scoring

Score Minimum requirements for scores
A

variance in expenditure composition by economic classification was less than 5% in at least two of the last three years.
B

Variance in expenditure composition by economic classification was less than 10% in at least two of the last three years.
C

Variance in expenditure composition by economic classification was less than 15% in at least two of the last three years.
D

Performance is less than required for a C score.

 

 

Dimension 2.2. Timing, coverage and data requirements

Time period Coverage Data requirements/calculation Data sources

Last three completed fiscal years.

 BCG.

Data requirements

  • The expenditure composition of the end-of-year outturn and of the originally approved budget for each of the main economic classifications for each of the last three completed fiscal years.

Calculations

  • The calculation of variance should use the second (two-digit) level of the GFS classification or a similar system. If a different classification is used, the level of aggregation should be comparable to the two- digit GFS classification.

 

  • For calculation of this dimension, assessors should use the electronic spreadsheet on the PEFA website (www.pefa.org).
  • Annual budget law/documentation /estimates approved by the legislature.

 

  • Annual budget execution report or annual financial statements.

(The above information should be available from the MoF.)

 

PEFA Handbook Volume 1: The PEFA Assessment Process – Planning, Managing and Using PEFA
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