Pakistan Federal Government : Public Financial Management and Accountability Assessment
This document reports on a Public Financial Management and Accountability Assessment (PFMAA) for the Federal Government of Pakistan (GoP). Measured against the six core Public Financial Management (PFM) objectives examined by the assessment, the as...
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World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/149341468086941808/Pakistan-Public-financial-management-and-accountability-assessment http://hdl.handle.net/10986/26816 |
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okr-10986-268162021-04-23T14:04:37Z Pakistan Federal Government : Public Financial Management and Accountability Assessment Government of Pakistan World Bank Group U.K. Department for International Development European Union Asian Development Bank BUDGETING FISCAL DISCIPLINE OPERATIONAL PERFORMANCE PUBLIC FINANCIAL MANAGEMENT PUBLIC RESOURCES REFORMS SERVICES DELIVERY This document reports on a Public Financial Management and Accountability Assessment (PFMAA) for the Federal Government of Pakistan (GoP). Measured against the six core Public Financial Management (PFM) objectives examined by the assessment, the assessment indicates that there have been improvements in some areas in recent years, which have served to improve general public financial management. The last PEFAA for the Federal Government was published in June 2009. Overall, the maximum number of indicators remained unchanged. As PFM concerns the efficiency and effectiveness of the use of public resources, the interdependence of the components of the budget cycle means that weaknesses in one part can adversely affect other parts thereby constraining the achievement of better budgetary outcomes; conversely, improvements in one area which are not matched by corresponding changes in other areas can undermine the initial reforms. The strengths and weaknesses of Pakistan's public financial management system found in the assessment have an impact on the three measures of budget effectiveness-aggregate fiscal discipline, allocates efficiency and efficient service delivery. The GoP has a continuing agenda of PFM reform. Current programs are focused on areas of weaknesses in PFM administration that have been identified by the GoP and development partners. Pakistan's prospects for reform implementation should be regarded as positive considering the impact of the reform programs so far which have made visible contributions in improving budgeting, reporting and external audit. The PEFA framework focuses on operational performance of the key elements of the PFM system based on evidence rather than on the inputs that enable the PFM system to reach a certain level of performance. The PFMAA assesses the extent to which the PFM system is an enabling factor for achieving budgetary outcomes at the three levels of aggregate fiscal discipline, strategic allocation of resources and efficient service delivery. 2017-05-31T20:34:03Z 2017-05-31T20:34:03Z 2012-06 Report http://documents.worldbank.org/curated/en/149341468086941808/Pakistan-Public-financial-management-and-accountability-assessment http://hdl.handle.net/10986/26816 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Country Financial Accountability Assessment Economic & Sector Work South Asia Pakistan |
| repository_type |
Digital Repository |
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Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
BUDGETING FISCAL DISCIPLINE OPERATIONAL PERFORMANCE PUBLIC FINANCIAL MANAGEMENT PUBLIC RESOURCES REFORMS SERVICES DELIVERY |
| spellingShingle |
BUDGETING FISCAL DISCIPLINE OPERATIONAL PERFORMANCE PUBLIC FINANCIAL MANAGEMENT PUBLIC RESOURCES REFORMS SERVICES DELIVERY Government of Pakistan World Bank Group U.K. Department for International Development European Union Asian Development Bank Pakistan Federal Government : Public Financial Management and Accountability Assessment |
| geographic_facet |
South Asia Pakistan |
| description |
This document reports on a Public
Financial Management and Accountability Assessment (PFMAA)
for the Federal Government of Pakistan (GoP). Measured
against the six core Public Financial Management (PFM)
objectives examined by the assessment, the assessment
indicates that there have been improvements in some areas in
recent years, which have served to improve general public
financial management. The last PEFAA for the Federal
Government was published in June 2009. Overall, the maximum
number of indicators remained unchanged. As PFM concerns the
efficiency and effectiveness of the use of public resources,
the interdependence of the components of the budget cycle
means that weaknesses in one part can adversely affect other
parts thereby constraining the achievement of better
budgetary outcomes; conversely, improvements in one area
which are not matched by corresponding changes in other
areas can undermine the initial reforms. The strengths and
weaknesses of Pakistan's public financial management
system found in the assessment have an impact on the three
measures of budget effectiveness-aggregate fiscal
discipline, allocates efficiency and efficient service
delivery. The GoP has a continuing agenda of PFM reform.
Current programs are focused on areas of weaknesses in PFM
administration that have been identified by the GoP and
development partners. Pakistan's prospects for reform
implementation should be regarded as positive considering
the impact of the reform programs so far which have made
visible contributions in improving budgeting, reporting and
external audit. The PEFA framework focuses on operational
performance of the key elements of the PFM system based on
evidence rather than on the inputs that enable the PFM
system to reach a certain level of performance. The PFMAA
assesses the extent to which the PFM system is an enabling
factor for achieving budgetary outcomes at the three levels
of aggregate fiscal discipline, strategic allocation of
resources and efficient service delivery. |
| format |
Report |
| author |
Government of Pakistan World Bank Group U.K. Department for International Development European Union Asian Development Bank |
| author_facet |
Government of Pakistan World Bank Group U.K. Department for International Development European Union Asian Development Bank |
| author_sort |
Government of Pakistan |
| title |
Pakistan Federal Government : Public Financial Management and Accountability Assessment |
| title_short |
Pakistan Federal Government : Public Financial Management and Accountability Assessment |
| title_full |
Pakistan Federal Government : Public Financial Management and Accountability Assessment |
| title_fullStr |
Pakistan Federal Government : Public Financial Management and Accountability Assessment |
| title_full_unstemmed |
Pakistan Federal Government : Public Financial Management and Accountability Assessment |
| title_sort |
pakistan federal government : public financial management and accountability assessment |
| publisher |
World Bank, Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/149341468086941808/Pakistan-Public-financial-management-and-accountability-assessment http://hdl.handle.net/10986/26816 |
| _version_ |
1764462700956483584 |