Publication: Indonesia : Country Financial Accountability Assessment
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Date
2001-04-27
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2001-04-27
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This Country Financial Accountability Assessment (CFAA) report, supports the Government of Indonesia's efforts to reform the process of managing public resources, increase transparency in handling financial affairs, and combat corruption. The report assesses that the control environment in Indonesia is weak, despite a political leadership committed to improvement, and, recommends enacting a modern Budget Law, establish parliamentary public accounts, and audit committee, initiate reforms to develop a professional civil service, and, improve procurement laws, and practices in accordance with the Country Procurement Assessment. In addition, Budget execution, and monitoring remain weak, proposing to accelerate transition to a unified budget, improve policy review, by strengthening political inputs into budget preparation, and develop integrated revenue estimates within a macro framework. It emphasizes that the fragmentation in the accounting, and reporting of financial information does not produce reliable, and reconcilable sets of accounts, thus a rational financial management should be established, by creating the position of Accountant General within the Ministry of Finance, establishing financial controllership to handle financial planning, budgeting, and working capital management, and, improving treasury management. Finally, it is recommended that the current audit law be revised, by incorporating a public accounts committee, an independent auditor general, and, define their boundaries of responsibility.
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“World Bank. 2001. Indonesia : Country Financial Accountability Assessment. © World Bank. http://hdl.handle.net/10986/14334 License: CC BY 3.0 IGO.”
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Although Peru is considered exemplary in the application of public sector financial management components, its fiduciary framework to support non-investment lending should, however, comprise, in addition to the existing controls, a plan to achieve a strong supreme audit institution to support the extension of the integrated financial management system to the ministries of Defense and the Interior, to ultimately support the uses of funds advanced, and, the external reporting on budget execution should be made at the program level, in addition to restoring the control over Budget to the Congress, limiting the use of Emergency Decrees, and applying transparent guidelines for approved budget funding.Publication Lao PDR - Public Expenditure Review : Country Financial Accountability Assessment, Volume 1. 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Chapter 5 explores the dimensions of poverty in Laos and how expenditures planning and management can support the objective of poverty alleviation. The final chapter provides an analysis of public expenditure issues in the context of six major sectors: education, health, agriculture, energy, transportation, and forestry. These explore further the means alleviating poverty, as well as highlighting the cross-cutting issues relating to public expenditure planning and management.
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