Public Expenditure and

Public Expenditure and Financial Accountability

The program is a multidonor partnership that aims to improve how public finances are managed throughout the world. An important function of the program is to measure the quality of public financial management (PFM) systems, processes, and institutions through the PEFA framework.

In early 2014, PEFA called for submissions on how to revise their framework. Together with civil society organizations (CSOs) from around 50 countries, the International Budget Partnership offering three main recommendations on how the framework could be improved:

  1. Strengthen transparency indicators.
  2. Include a new indicator on public participation in budgeting.
  3. Reinstate donor aid indicators.

In late 2014, PEFA summarizing the submissions they received. Unfortunately, public participation and aid transparency were not included among the revisions under consideration. IBP then teamed up with Publish What You Fund, the Global Initiative for Fiscal Transparency (GIFT), and others to issue a (also available in and ). Additionally, GIFT submitted a proposal on public participation, developed in collaboration with CSOs. This proposal (available in, , and ) serves as a helpful resource to shape norms and advocacy on public participation.

YOU MIGHT ALSO LIKE
Public Expenditure and Financial Management Overview of
Public Expenditure and Financial Management Overview of ...
Public Expenditure
Public Expenditure
Public Expenditure and Financial Accountability Program
Public Expenditure and Financial Accountability Program ...
Share this Post

Related posts

Financial Accountability and Management

Financial Accountability and Management

JULY 22, 2017

Financial Accountability and Management (FAM) is a leading international academic journal, publishing new thinking and research…

Read More
Management Accounting and Financial Accounting

Management Accounting and Financial Accounting

JULY 22, 2017

Accounting, according to an article from Quick MBA, serves to provide essential information so business professionals can…

Read More