PFM Blog

Can an “Independent” Public Body be Truly Independent?

Blogmaster — Wed, 22 May 2013 12:55:47 PDT

Posted by Richard Allen Independent central banks in many countries are under threat from governments that want to bring them under a tighter rein. Independent fiscal councils have been abolished by governments that see their independence as an unacceptable threat....

FMIS Choice: the Dangers of In-House Development in Low-Capacity Countries

Blogmaster — Wed, 15 May 2013 13:47:33 PDT

Posted by Lewis Murara and Christopher Iles[i] A major decision faced by many countries is what sort of Financial Management Information System (FMIS) they should develop to support their PFM reform efforts. The decision is more difficult in low-capacity countries...

Twenty-one Countries Meet in Albania to Discuss Program Budgeting Reforms

Blogmaster — Mon, 13 May 2013 13:47:10 PDT

Posted by Gelardina Prodani, Ministry of Finance, Albania and Konstantin Krityan, Ministry of Finance Armenia As Chair and Deputy Chair of the Public Expenditure Management Peer Assisted Learning (PEMPAL)[1] Budget Community of Practice (BCOP), we would like to inform you...

Представители двадцати одной страны встретились в Албании, чтобы обсудить переход на программное бюджетирование

Blogmaster — Mon, 13 May 2013 12:11:35 PDT

Авторы: Джеральдина Продани, Министерство финансов, Албания, и Константин Критян, Министерство финансов, Армения В качестве председателя и заместителя председателя Практикующего сообщества по бюджету (В СоР) Сети по взаимному обучению и обмену опытом в управлении государственными финансами (PEMPAL)[1] мы хотели бы проинформировать...

Latest Issue of International Journal of Governmental Financial Management Published

Blogmaster — Fri, 10 May 2013 12:40:59 PDT

Posted by Andy Wynne The latest issue of the International Journal of Governmental Financial Management was recently published and is now available for free download. We begin this issue of our Journal with an examination of key public financial management...

What To Do When Disaster Strikes: Business Continuity Plans in Latin America

Blogmaster — Thu, 09 May 2013 15:30:01 PDT

Posted by Almudena Fernandez[1] The governments’ treasury system is a core part of the public financial infrastructure and that of the broader economy. If government cash payments went off line, due to say a fire in the Ministry of Finance,...

Upcoming Event: International Workshop on Government Performance Management, July 1-12, 2013, New Delhi

Blogmaster — Wed, 08 May 2013 09:31:09 PDT

Posted by Bill Dorotinsky, The World Bank The Institute of Public Enterprise (IPE), Hyderabad, and the Performance Management Division (PMD), Cabinet Secretariat, Government of India, are collaborating to organize the ‘International Workshop on Government Performance Management’ from July 1-12, 2013....

Revitalizing the Fiscal Transparency Agenda

Blogmaster — Tue, 23 Apr 2013 10:10:48 PDT

Posted by Min Zhu, Deputy Managing Director, IMF The first public event of this year’s IMF-World Bank Spring Meetings was a seminar organized by the IMF’s Fiscal Affairs Department on the morning of Monday April 15th which brought together experts...

Managing Public Finances Is Vital to Economic Prosperity

Blogmaster — Thu, 18 Apr 2013 08:34:15 PDT

As posted on IMF Survey Online Across the world many countries are now grappling with restoring sound and sustainable public finances: the way governments manage their budgets today will have profound economic effects in the years ahead. A new book...

Austria – From an Incremental Improver to a Comprehensive Reformer

Blogmaster — Fri, 12 Apr 2013 06:16:10 PDT

Posted by Johann Seiwald[1] From the mid 1990s on, Austria has steadily improved its framework for fiscal policy and budgeting. With Austria’s accession to the European Union and the corresponding need to meet the Maastricht debt and deficit requirements, in...