PFM Blog

Building Resilience to Natural Disasters and Climate Change in Africa

Blogmaster — Sun, 09 May 2021 19:55:34 PDT

Posted by Felipe Bardella and Moulay El Omari[1] Unlike many other environmental challenges, climate change is uniquely global with impacts that are felt across all sectors and social groups. Leaders, policy makers and other non-state actors around the world have...

Budgeting for SDGs and Other High-Level Priorities

Blogmaster — Thu, 06 May 2021 06:14:19 PDT

Posted by Scherie Nicol and Natalia Salazar[1] From the challenges of climate change to addressing social inequalities and improving the well-being of societies, governments are seeking ways to focus action in pursuit of these larger goals. Momentum has gathered in...

Digitized Healthcare in India: New Tools and Applications

Blogmaster — Mon, 03 May 2021 07:17:26 PDT

Posted by Ramesh Kumar Nanjundaiya[1] A top priority of the Indian government is to facilitate and encourage the timely manufacture and delivery of COVID-19 vaccines to citizens as well as exports to more than 50 countries across the globe. Some...

Why PFM is Key for the Effective Roll Out of COVID-19 Vaccines

Blogmaster — Fri, 30 Apr 2021 06:36:35 PDT

Posted by Hélène Barroy[1], Federica Margini[1], Triin Habicht[2], Tomas Roubal[3], Peter Cowley[3], and Joseph Kutzin[1] As COVID-19 vaccines are rolled out globally, the number one question for many countries is how much it is going to cost to procure and...

A New Game of Tag for Climate and Environmental Objectives

Blogmaster — Wed, 28 Apr 2021 07:00:52 PDT

Posted by Andrew Blazey and Margaux Lelong[1] Of the tools available to governments to pursue climate objectives, green budget tagging is gaining prominence. Tagging budget revenues and expenditures enables ministries of finance and other government agencies to determine the green...

PEFA’s Global Report on Public Financial Management

Blogmaster — Mon, 26 Apr 2021 07:50:45 PDT

Posted by Richard Sutherland, Silvia Lubenova Kirova, Antonio Leonardo Blasco, and Srinivas Gurazada[1] The Public Expenditure and Financial Accountability (PEFA) Program released its first Global Report on Public Financial Management through a series of launch events (in three languages –...

Rwanda: A Home-Grown Performance Based Budgeting Approach

Blogmaster — Thu, 22 Apr 2021 06:30:06 PDT

Posted by Rehemah Namutebi, Imran Aziz, Kubai Khasiani, and Gerhard Steger[1] Background Performance Based Budgeting (PBB) encompasses a broad variety of approaches with the objective of incorporating policy results and impacts in the budget negotiations and documents. Although there is...

Why Public Assets are Key to Debt Sustainability: A Moral Goal

Blogmaster — Mon, 19 Apr 2021 07:50:00 PDT

Posted by Ian Ball, Dag Detter, Yannis Manuelides, and Wang Yan[1] Measures of a sustainable climate or even a healthy life are well understood and universally shared. Similar tools for measuring a sustainable economy and debt levels, using standard accrual...

Surveying Macro-Fiscal Management in East and Southern Africa

Blogmaster — Mon, 12 Apr 2021 06:40:20 PDT

Posted by Bryn Battersby and Ian Lienert[1] Institutional arrangements of Ministries of Finance (MoFs) can impact the effectiveness of achieving macro-fiscal objectives and longer-term fiscal stability. Our new IMF Working Paper is a cross-country study of macro-fiscal functions in selected...

Disclosing New “Renewable Oil” in the Government’s Balance Sheet

Blogmaster — Thu, 08 Apr 2021 06:47:55 PDT

Posted by Alok Verma[1] Governments worldwide are collecting huge quantities of data on individuals, the economy, agriculture, demography, geography and natural resources, traffic, weather, climate change, gender inequalities and many other topics to support the delivery of public goods and...