Integrated Fiduciary Assessment

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    Pakistan Punjab Province : Public Financial Management and Accountability Assessment
    (Islamabad: World Bank, 2013-06) World Bank
    This document reports on a Public Financial Management and Accountability Assessment (PFMAA) for the Government of the Punjab. The assessment was conducted with the particular objective of updating the PFMAA published in May 2007 to provide the Punjab Government with an objective, indicator-led assessment of the provincial Public Financial Management (PFM) system in a concise and standardized manner, to form an updated understanding of the overall fiduciary environment of the PFM system and to assist in identifying those areas in need of further reform and development. The assessment was conducted as per the revised PEFA PFM Performance Measurement Framework of 2011 (PEFA Framework). The scope of the current assessment was comprehensive with due consideration of the PEFA Secretariat guidance for repeat assessments. The PFMAA was conducted against 31 PFM performance management indicators (28 for government performance and 3 for donor practices) which are grouped into the critical dimensions of performance of an open and orderly PFM system.
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    Managing Public Finances for a New Nepal : A Public Finance Management Review
    (Washington, DC, 2007-07-05) World Bank
    The people's movement of April 2006, known as Jana Andolan II, has created a sense that a new Nepal that is peaceful, inclusive, just, and prosperous is at hand. Such open moments are rare in the history of a country, and the opportunity must be seized. However, the road ahead is challenging. Despite remarkable achievements in reducing poverty over the last decade and despite a good growth potential, Nepal faces major investment climate constraints notably weak infrastructure, weak governance, weak trade facilitation, and rigid labor laws. Recent economic growth has stagnated around 1 percent per capita, despite growth in neighboring China and India. Investment has been sluggish despite large liquidity excess, notably from the income remitted by Nepali workers abroad. This Public Finance Management (PFM) review outlines the key objectives of the government's development strategy and explores the potential contribution of sound public finance management to this agenda.This review has been conducted by the government of Nepal (GoN) and the World Bank, working in partnership under the guidance of the government's National Planning Commission (NPC) and Ministry of Finance (MoF). The scope of the review was finalized in December 2005. Workshops were held in March 2006 to outline frameworks for assessing PFM and procurement performance, and working group meetings were subsequently held. Support was provided in early 2006 for the preparation of sectoral business plans and subsequently for the preparation of the budget. Dialogue with the MoF and the NPC underpins the expenditure data and analysis.