General Guidelines for the Development of Government Payment Programs
Governments, regardless of their country’s stage of economic development, make payments to, and collect payments from individuals and businesses. Financial resources are also transferred between the various government agencies. These flows cover a...
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Format: | Working Paper |
Language: | English en_US |
Published: |
Washington, DC
2015
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Online Access: | http://documents.worldbank.org/curated/en/2015/05/24482413/general-guidelines-development-government-payment-programs http://hdl.handle.net/10986/22127 |
Summary: | Governments, regardless of their
country’s stage of economic development, make payments to,
and collect payments from individuals and businesses.
Financial resources are also transferred between the various
government agencies. These flows cover a wide range of
economic sectors and activities, and in most cases the
overall amount of such flows is significant, for example in
terms of the gross domestic product (GDP). Improvements in
government payment programs that lead to higher levels of
efficiency, safety and transparency can have a significant
impact in the economy as a whole. Moreover, due to their
scale and nature, government payments programs can also
become an effective tool in the pursuit of other public
policy objectives, such as the modernization of the national
payments system or to promote financial inclusion for
certain population segments. Despite the relative importance
of government payment programs, there is no systematic set
of references to guide governments and other relevant
stakeholders in assessing the challenges associated with the
effective development and day-to-day operation of these
programs. This report aims at filling this gap by presenting
a set of comprehensive Guidelines that can assist
governments and other stakeholders in developing and
operating safe and efficient government payment programs. |
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