Publication: Serbia : Public Financial Management Assessment
Date
2007-02-16
ISSN
Published
2007-02-16
Author(s)
World Bank
Abstract
The primary objective of this Public
Financial Management (PFM) assessment is to provide an
assessment of the strengths and weaknesses of the PFM system
in the Republic of Serbia, which can help the government to
prioritize and measure progress in PFM reform. This
assessment of Serbia's PFM performance is based on 28
indicators developed by Public Expenditure and Financial
Accountability (PEFA) and organized around 6 pillars
representing core dimensions of PFM performance. PFM
performance, as measured by PEFA indicators, informs of key
outcomes in public expenditure management (fiscal
discipline, allocative efficiency, and operational
performance). PEFA assessments provide snapshots of a
country's PFM performance allowing for international
comparisons. Repeated assessments aim at assisting
governments in monitoring the progress of PFM performance
over time. The scores are assigned in accordance with the
interpretations and the scoring methodology provided by PEFA.
Citation
“World Bank. 2007. Serbia : Public Financial Management Assessment. © Washington, DC. http://openknowledge.worldbank.org/entities/publication/2179fb88-31d1-5b79-b9d9-229970d1f6d9 License: CC BY 3.0 IGO.”