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February 2020

February 27, 2020

Can Public Financial Management Encourage More Opportunities for Men and Women? PEFA Can Tell you How!

Pefa gender
Posted by Martin Bowen and Urška Zrinski[1]

Many governments are thinking more about the effects on gender in the design, implementation, and evaluation of budget policies. For example, in Rwanda and Ukraine, governments are informing budget policy processes and decision-making with sex-disaggregated data. Similarly, in Canada and Iceland, the governments use this type of data to evaluate how new budget policy proposals may have different effects on men and women, youth and elderly. In Austria and the Netherlands, supreme audit institutions carry out such assessments in a form of gender audits. In Andalucía, Spain and Morocco, governments prepare reports on the impacts of the budget on gender. Also, in Fiji, the legislature scrutinizes the budget from a gender impact perspective.

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February 24, 2020

EU Budget Support and its Relationship with PFM

Blog eu
Posted by European Commission, DG EuropeAid

The EU is committed to provide Budget Support (BS) to strengthen country ownership, finance national strategies for implementation of the Sustainable Development Goals and promote sound and transparent public finances. BS is a means to use and strengthen country systems and enhance aid effectiveness. Improving public finance management (PFM) is key in BS programmes. The EU has launched in 2015 the “Collect more – Spend better” approach that combines support to fair and equitable mobilisation of domestic revenue with improved public finance management to ensure efficient and accountable execution of public expenditure.

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February 18, 2020

Budget Support and PFM in the Pacific Region

Pacifis;
Posted by Richard Neves and Virginia Horscroft[1]

From 2010 to 2019 direct budget support (DBS) from development partners to Pacific Islands Countries (PICs) has steadily increased not only in value terms but also the numbers involved.   DBS is provided by a variety of bilateral and multilateral partners to all PFTAC’s member countries in one shape or another.

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February 11, 2020

Introducing a Treasury Single Account in Nigeria

Nigeruia
Posted by Kabiru Dandago[1]

A recently published book[2] reviews the introduction of the Treasury Single Account (TSA) by the federal Government of Nigeria, a reform of major economic significance. An earlier PFM blog published in 2014 also described the development of the project.

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February 06, 2020

Why Fiscal Transparency Evaluation Updates are so Useful

Kenya blog
Posted by Vincent Tang[1]

Fiscal Transparency Evaluations (FTEs) have now been conducted by the IMF in 28 countries worldwide. They are widely regarded as the premier tool for assessing the transparency of a country’s fiscal systems and fiscal data. Almost half of the existing evaluations will soon reach their fifth birthday. As budget systems and processes evolve and change, and the amount and quality of fiscal data improves, the time has come to reevaluate the transparency of these systems. However, the first full ‘repeat’ FTE was completed in Kenya in 2019, updating the original FTE conducted in 2014.[2] The report received substantial attention from the media.

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February 03, 2020

Benefits Management in Major Public Investment Projects

Norblog
Posted by Eivind Tandberg[1]

The Norwegian research program Concept supports research related to the country’s public investment management framework. Concept recently published a working paper on how expected benefits are managed in large public investments. The paper reviewed the international literature on benefits management and looked at how the idea has been applied in practice in five major Norwegian investment projects.

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