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December 2019

December 19, 2019

Digitalizing FMIS in Latin America, the Caribbean and Korea

FMIS Blog GUna
Posted by Carlos Pimenta and Gerardo Uña[1]

The Inter-American Development Bank (IDB) and the IMF’s Fiscal Affairs Department organized a recent three-day conference on Financial Management Information Systems (FMIS).[2] The conference discussed how new digital technologies can be harnessed to improve the efficiency, effectiveness, integrity and transparency of public financial management (PFM).

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December 17, 2019

Building Climate Resilience: The Role of PFM Institutions

Strengthening climate resilience (005)
Posted by Guohua Huang and Richard Allen[1]

The Fiscal Affairs Department of the IMF, in collaboration with the Fund’s Regional Technical Assistance Centers in the Caribbean and Pacific, organized a seminar on the role of PFM in building climate resilience on December 4-6, 2019 at the IMF’s HQ. The seminar brought together senior officials of finance ministries of 26 small island states from the Caribbean, Pacific, and Indian Ocean, development institutions, and bilateral donors.

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December 03, 2019

Improving Internal Audit in the Pacific Region

Pcfis
Posted by Sue Morrison[1]

A key area of PFM reform—reflected in one of the 31 indicators (PI-26) of the PEFA framework—is to improve the strength of internal audit in developing nations and vulnerable island states. In my work as an internal audit advisor in the Pacific Region—including Fiji, Papua New Guinea, Samoa, Solomon Islands, Vanuatu, and Tuvalu—I have supported the networking and professional development of internal auditors through the courses and accreditation provided by the Institute of Internal Auditors (IIA)[2], especially through IIA Australia. Although there are many thousands of kilometres of ocean between them, the network across the Pacific is building in strength and capability.

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