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PEFA Performance Measurement Framework

PEFA Performance Measurement Framework. Fiscal Openness Working Group Nicola Smithers , World Bank and PEFA Steering Committee 2 November 2013. The framework provides:. High level assessment of performance of PFM systems – an overview for multiple stakeholders

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PEFA Performance Measurement Framework

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  1. PEFA Performance Measurement Framework Fiscal Openness Working Group Nicola Smithers, World Bank and PEFA Steering Committee 2 November 2013

  2. The framework provides: High level assessment of performance of PFM systems – an overview for multiple stakeholders Evidence-based, generally accepted good practice PFM contribution to three levels of budgetary outcome: aggregate fiscal discipline, strategic resource allocation, efficient service delivery Underlying causes of good or bad performance Government fiscal and financial policies It does NOT provide an assessment of:

  3. Current framework – 31 Indicators

  4. Revising the Framework • Ensure ongoing relevance and update ‘good practices’ • Improve areas of weakness • It is not intended to: • Change the purpose • Substantially undermine comparability over time, though tension with relevance

  5. Transparency, Accountability, Participation in current Framework

  6. Possible Revisions re: Transparency, Participation, Accountability? Updating to reflect recent developments eg. Citizens’ Budget Aligning norms where possible eg. definitions, timeliness, coverage Considering public participation

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