Framework for assessing - PEFA

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Improving public financial management. Supporting sustainable for assessing public financial managementPEFA was developed by the seven PEFA Partners: The European Commission, International Monetary Fund, World Bank, and the governments of France, Norway, Switzerland, and United Kingdom, in collaboration with PEFA users and other international Secretariat1818 H Street NWWashington DC 20433, February 2016PEFA SecretariatWashington DC 20433, USAFramework for assessing public financial managementPR E FACEEffective institutions and systems of public financial management (PFM) play a critical role in the implementation of national policies concerning development and poverty reduction. Good PFM is the linchpin that ties together available resources, delivery of services, and achieve-ment of government policy objectives. If it is done well, PFM ensures that revenue is collected efficiently and used appropriately and sustainably.

1.1. Introduction The Public Expenditure and Financial Accountability (PEFA) program provides a framework for assessing and reporting on the strengths and weaknesses of public financial management (PFM) using quantitative indicators

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