March 31, 2015

Double Job Announcement! PEFA Secretariat

PEFA

Job vacancies in the PEFA Secretariat

Are you enthusiastic about improving the effectiveness of public financial management? Do you want to contribute to better public sector management and performance? Are you keen to stimulate public sector reform? You might be one of the people we are seeking to join the PEFA Secretariat.

 

We have vacancies for a Program Advisor and a Senior Program Advisor
to work in the PEFA Secretariat in Washington DC

You can see more details about who we are looking for here

 About PEFA

The PEFA program aims to strengthen public financial management and accountability systems and improve knowledge of the quality and scope for improving public financial management performance. The program seeks to achieve this aim through the application of PEFA assessment methodology, performance reports, research, analysis and application of PEFA results. The PEFA methodology is in over 150 countries.

The PEFA program is directed by a Steering Committee comprising seven partner organisations: World Bank Group, International Monetary Fund, European Commission, UK Department for International Development, Swiss State Secretariat for Economic Affairs, French Ministry of Foreign Affairs, and Norwegian Ministry of Foreign Affairs. The PEFA Secretariat, hosted by the World Bank in Washington DC, assists the Steering Committee in the development and maintenance of the program. It also provides global support to users of the PEFA methodology through advice, guidance, training, research and information.

About the job vacancies

Senior Program Advisor – click here to learn more or apply on line

The right person for this position will be part of the leadership team in the Secretariat. They will manage and deliver on core activities, including:

Ø Technical reviews of planned and draft PEFA assessments 

Ø Research and reporting on the application of the PEFA Framework

Ø Finalization of the upgrade of the PEFA Framework, including development of guidance, training materials, information and liaison with various stakeholders 

Ø Outreach and cooperation with governments and organisations with an interest in PEFA or related diagnostic tools

Ø Support to clients, peer learning, tracking progress, innovation and active engagement, including training, developing new products and building relationships

The Senior Program Advisor will have a track record of at least 8 years’ experience in public financial management or related disciplines. They will have relevant post-graduate qualifications and demonstrate significant achievements as a leader and manager. They will have a good understanding of the PEFA Framework and experience in application and/or analysis of PEFA assessments. They will have strong inter-personal skills and demonstrated ability to speak and write effectively in English. Ideally they will also be able to work in at least one other language used in PEFA reports (French, Spanish and Portuguese).

Applications for Senior Advisor are to be made through the World Bank job center. The job reference is 150459. Please do not submit your application to the Secretariat directly.

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Program Advisor -  click here to learn more or apply on line

The right person for this job will be a core member of the PEFA Secretariat team. They will work independently and with other team members on:

Ø Technical reviews of planned and draft PEFA assessments 

Ø Research and reporting on the application of the PEFA Framework

Ø Finalization of the upgrade of the PEFA Framework, including development of guidance, training materials, information and liaison with various stakeholders 

Ø Support to clients, peer learning, tracking progress, innovation and active engagement, including training, developing new products and building relationships

The Program Advisor will have a track record of at least 4 years’ experience in public financial management or related disciplines. They will have relevant post-graduate qualifications and demonstrate ability to work effectively in a team. They will have a good understanding of the PEFA Framework and ideally will have some experience in application and/or analysis of PEFA assessments. They will have strong inter-personal skills and demonstrated ability to speak and write effectively in English. It is desirable that they are also able to work in one other language used in PEFA reports (French, Spanish and Portuguese).

Applications are to be made through the World Bank job center.  The job reference is 150467Please do not send applications to the Secretariat directly.

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If you want more information about PEFA or the Secretariat, please visit our website at: www.pefa.org or send us an email at services@pefa.org

 

 

Note: The posts on the IMF PFM Blog should not be reported as representing the views of the IMF. The views expressed are those of the authors and do not necessarily represent those of the IMF or IMF policy.

March 20, 2015

DAMS AND DIKES FOR PUBLIC FINANCES

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Posted By Vitor Gaspar, Richard Hughes, and Laura Jaramillo

Fortune, wrote Machiavelli five hundred years ago in The Prince, is like a violent river. She “shows her power where virtue has not been put in order to resist her and therefore turns her impetus where she knows that dams and dikes have not been made to contain her.” Managing the ebb and flow of government’s fiscal fortunes poses similar challenges today. We need a risk-based approach to fiscal policymaking that applies a systematic analysis of potential sources of fiscal vulnerabilities. This method would help countries detect potential problems early, and would allow for institutional changes to build resilience.

Continue reading "DAMS AND DIKES FOR PUBLIC FINANCES" »

March 03, 2015

New Governance Arrangements for the IPSAS Board

IPSASB

Posted by Delphine Moretti

Following a year-long consultation, the IMF-OECD-World Bank-chaired Review Group on the Governance of International Public Sector Accounting Standards (IPSAS) has today issued its recommendations for strengthening the oversight of the IPSAS Board. They include the establishment of a new Public Interest Committee whose founding members will be the IMF, OECD, World Bank, and INTOSAI and a new Consultative Advisory Group comprised of producers and users of government financial statements.

As discussed several times on this blog and in the IMF’s 2012 paper on “Fiscal Transparency, Accountability, and Risk”, the global financial crisis highlighted the significant gaps and weaknesses in public sector accounting practices and underscored the need for more comprehensive, reliable, and timely financial reporting by governments. These concerns were echoed by the G-20 at their meeting in Moscow in February 2013, when they called on the IMF, World Bank, and OECD to work to improve the transparency and comparability of public sector financial reporting.

Continue reading "New Governance Arrangements for the IPSAS Board" »

February 23, 2015

Budget Laws vs. Appropriation Acts

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Posted by Renaud Duplay[1]

Is a government budget a forecast or an authorization? Both, of course, but ask various PFM practitioners to pick one answer first and you will see a clear divide between “macro-fiscalists” – who think forecasts first – and financial managers – who think of control and authorization first. But you may also detect some cultural divide as well: people from Westminster style countries may think forecasts first while people from continental European countries, like France, may choose authorization as the main feature of a budget.

This cultural divide, which my FAD colleague Benoit Chevauchez already discussed on a previous post on PFM taxonomy, may be linked to the various forms a budget can take as both a technical and a political object.

Continue reading "Budget Laws vs. Appropriation Acts" »

February 20, 2015

Job Offer! Public Financial Management Resident Advisor (based in Dakar, Senegal) (Job Number: 1500093)

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Description

The Fiscal Affairs Department (FAD) of the IMF is looking for a well-qualified expert to fill a Public Financial Management (PFM) Resident Advisor position in the Ministry for Economy, Finance, and Planning of Senegal, based in Dakar. The Advisor’s appointment term would be for a period of one year, on a renewable basis, subject to satisfactory performance.

The Advisor will provide technical assistance (TA) on a range of PFM areas and will focus on macrofiscal and policy design and implementation, budget preparation and execution, and public investment management. He/she will more generally contribute to institutional reform and capacity building. The position is opened as part of a TA project designed to support the aforementioned PFM areas, and the Advisor will actively participate in the management of the project and the delivery of all TA activities supported by it.

Continue reading "Job Offer! Public Financial Management Resident Advisor (based in Dakar, Senegal) (Job Number: 1500093)" »

February 18, 2015

GDP: A Brief but Affectionate History

  GDP

Posted by Chris Iles[1]

Diane Coyle’s recent book[2] has been on my reading list for some time, making it to the top of the pile over the Christmas break. Working at the IMF, and even just taking an interest in the Business and Economy pages of the media, the notion of GDP looms large. We take the concept of GDP for granted, but I have never been entirely comfortable with the way GDP figures are bandied about to compare the economic performance of disparate societies or to justify this or that unpopular policy; a good historical perspective on where it comes from and what it means seems like just the thing to assuage these misgivings.

Ms. Coyle gets down to business right from the first lines in her introduction. She opens with the still-topical challenges faced by the head of the Greek statistical agency (an ex-IMF staffer) in 2010 to highlight the significance of GDP in modern politics and finance, also acknowledging the various conceptual challenges that it faces.

Continue reading "GDP: A Brief but Affectionate History" »

February 13, 2015

Making More Efficient Use of Performance Information

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Posted by Benoit Chevauchez[1]                                                                      

The role of performance information (PI) in budget management has grown hugely in advanced economies and is likely to increase in the future. PI is quantitative data on the actual or expected results of government policies and programs, associated with information on incurred costs.PI on activities, results, outputs or outcomes are non-financial data, while PI on inputs and costs are mostly financial data. Non-financial PI may take different forms such as indicators, benchmarks, ratings, rankings, league tables or scores.Such information allows the effectiveness and efficiency of public policies to be assessed, and may be used in a vast array of budget or non-budget environments.More than 80 percent of OECD countries are now using PI to support budget management. This rapid growth has gone hand in hand with the development of program and multiyear budgeting as well as with public policy evaluations and spending reviews. The present worldwide focus on fiscal consolidation, with shrinking fiscal space, demands a larger use of PI in order to strengthen the allocation process.  

Continue reading "Making More Efficient Use of Performance Information" »

February 12, 2015

IMF Job Offer! Public Financial Management Resident Advisor

Job Description: Public Financial Management Resident Advisor (based in Abidjan, Cote d’Ivoire) (Job Number: 1500092)

Description

The Fiscal Affairs Department (FAD) of the IMF is looking for a well-qualified expert to fill a Public Financial Management (PFM) Resident Advisor position at the West African Regional Technical Assistance Center (West AFRITAC), established in 2003 and based in Bamako, Mali. The Advisor’s appointment term would be for a period of one year, on a renewable basis, subject to satisfactory performance.

The Advisor will provide technical assistance (TA) on a range of PFM areas to the ten (10) countries covered by West AFRITAC, namely Benin, Burkina Faso, Côte d’Ivoire, Guinea, Guinea Bissau, Mali, Mauritania, Niger, Senegal, and Togo. The Advisor’s work program will focus on treasury management and government accounting and reporting but will also cover mainly the following PFM areas: treasury operations, cash management,  internal control and audit and the overall legal and regulatory framework.

Continue reading "IMF Job Offer! Public Financial Management Resident Advisor" »

February 09, 2015

Digitization of Payments in Mexico Saves Billions

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Posted by Ruth Goodwin-Groen[1]

The Mexican government is saving an estimated US$ 1.27 billion per year, or 3.3 percent of its total expenditure, on wages, pensions and social transfers. How? By digitizing and centralizing its payments.

The Mexican government’s reform is the story of a sustained effort over time driven by successive, committed Ministers of Finance and Treasurers who were sure of the ultimate benefits of electronic payments systems. This process and the resulting lessons have been examined by the Better Than Cash Alliance in an in-depth case study entitled, Sustained Effort, Saving Billions: Lessons from the Mexican Government’s Shift to Electronic Payments.[2]

The Better Than Cash Alliance is a partnership whose members are committed to moving away from cash to digital payments. Housed at the United Nations Capital Development Fund (UNCDF), the Alliance is uniquely positioned to bring together a broad cross section of governments, multilateral and bilateral donors, UN Agencies, international NGOs and companies. The Alliance is funded by the Bill & Melinda Gates Foundation, Citi, the Ford Foundation, the Omidyar Network, USAID and Visa Inc. It operates both globally and in country, providing diagnostics, toolkits, technical support and case studies, like the present example from Mexico.

Continue reading "Digitization of Payments in Mexico Saves Billions" »

February 06, 2015

Strengthening PFM in the Central African Republic

CAR-PFM
 

Posted by Olivier Benon, Abdoulaye Touré and Marie-Christine Uguen[1]

From November 24—28, 2014, AFRITAC Central (AFC) organized a seminar in Douala, Cameroon, on rebuilding the budgetary and accounting  functions of the Central African Republic (CAR). The workshop was attended by 28 finance officials from CAR’s Ministry of Finance and Budget, the Ministry of Economy and Development, several line ministries (Health, Education, Public Service, and Defense) and the central bank (BEAC).

Background and objectives

Because of the tense security situation in Bangui since 2014, AFC has been unable to deliver technical assistance (TA) in CAR, and have instead used safe havens in neighboring countries such as Cameroon. The November workshop was the first of a series of similar events dedicated exclusively to CAR officials during FY2015.

Continue reading "Strengthening PFM in the Central African Republic " »

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