Public Investment Management Seminar

AFRITAC South

Posted by Peter Murphy[1]

The IMF’s Regional Technical Assistance Center for Southern Africa—AFRITAC South (AFS)—organized a one-week seminar on Public Investment Management (PIM) at the Africa Training Institute facilities in Mauritius from November 28 to December 2, 2016. The seminar was attended by 26 participants from 10 countries[2]. The facilitators[3] outlined the IMF’s new framework (www.imf.org/publicinvestment) for assessing Public Investment Management (PIMA), and discussed with participants the application of the framework through a series of comparative case studies, group and plenary sessions.

During the discussions the participants noted a number of key PIM challenges that adversely affect the efficiency and impact of pubic investment in the region, and discussed options for addressing these challenges. In particular:

Based on the lessons learnt from PIMAs undertaken in the region to date, and the seminar discussions, participants suggested the following pre-conditions should be in place prior to conducting a PIMA:

[1] Peter Murphy is a PFM Advisor in AFS.

[2] Angola, Botswana, Comoros, Lesotho, Madagascar, Mauritius, Mozambique, Seychelles, Swaziland, and Zambia. Participants came mainly from ministries of finance/national development planning responsible for public investment management.

[3] Isabel Rial, Johann Seiwald, Peter Murphy, and Eivind Tandberg.

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.

Recent