Publication:
Ghana - 2007 External Review of Public Financial Management : Volume 1. Main Report

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dc.contributor.authorWorld Bank
dc.date.accessioned2012-06-14T18:49:20Z
dc.date.available2012-06-14T18:49:20Z
dc.date.issued2008-06
dc.description.abstractThe 2007 External Review of Public Financial Management (ERPFM) is the fourth in a series of annual assessments by the development agencies that contribute to the Multi-Donor budgetary support in Ghana. The 2007 ERPFM review has four main findings: 1) the progress in strengthening the Public Financial Management (PFM) system has been commendable. 2) In order to address the drivers of additional public spending in 2006 and 2007 as well as increase the effectiveness of public investment, attention now should focus on high return actions, such as: (i) completing the implementation of the Integrated Personnel and Payroll Database (IPDD2) and other measures aimed at reasserting control over the wage bill; (ii) ensuring continued reduction in energy subsidies through alignment of tariffs with current market conditions, including the international oil market prices; and (iii) the building of capacity to prepare, appraise and implement large infrastructure projects, especially now that the Government is preparing for a major infrastructure investment drive. 3) A strong foundation has been laid for open, competitive and transparent public procurement and a major effort is underway with a view to building understanding of the new system and capacity to manage it. 4) The successful launch of the Ghanaian Eurobond provides the opportunity to reduce the Government's exposure to the domestic bond market, and restore the virtuous cycle of lower public sector indebtedness that was initiated in 2003 with reduction in domestic debt, declining inflation and domestic real interest rates, and rising public and private investment. The External Review of Public Financial Management (ERPFM) on these key findings, first, it covers recent economic performance and outlook and then reviews issues related to the pattern of public spending. After reporting on progress in strengthening public financial management, it summarizes findings of the public procurement assessment. The detailed findings of the public procurement assessment constitute volume two of the 2007 ERPFM. At the end the ERPFM proposes to focus on in the short and medium-term and the baseline scores of Ghana's public procurement system for each of the 54 sub-indicators covered by the Organization for Economic Co-operation and Development - Assistance Committee (OECD-DAC) methodology, respectively.en
dc.identifierhttp://documents.worldbank.org/curated/en/2008/06/9727338/ghana-2007-external-review-public-financial-management-vol-1-2-main-report
dc.identifier.doi10.1596/8063
dc.identifier.urihttps://hdl.handle.net/10986/8063
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectAGGREGATE FISCAL
dc.subjectANNUAL REPORT
dc.subjectAPPROPRIATION
dc.subjectAPPROPRIATIONS
dc.subjectAUDIT FINDINGS
dc.subjectAUDIT INSTITUTIONS
dc.subjectAUDIT SYSTEMS
dc.subjectAUDITOR GENERAL
dc.subjectAUDITOR-GENERAL
dc.subjectBALANCE OF PAYMENTS
dc.subjectBASELINE SCENARIO
dc.subjectBENEFICIARIES
dc.subjectBUDGET ALLOCATION
dc.subjectBUDGET ALLOCATIONS
dc.subjectBUDGET CREDIBILITY
dc.subjectBUDGET DOCUMENTS
dc.subjectBUDGET EXECUTION
dc.subjectBUDGET EXPENDITURE
dc.subjectBUDGET FORMULATION
dc.subjectBUDGET IMPLEMENTATION
dc.subjectBUDGET INFORMATION
dc.subjectBUDGET OUTTURN
dc.subjectBUDGET OUTTURNS
dc.subjectBUDGET PLAN
dc.subjectBUDGET POLICY
dc.subjectBUDGET PREPARATION
dc.subjectBUDGET PROPOSAL
dc.subjectBUDGET STATEMENT
dc.subjectBUDGET SUBMISSIONS
dc.subjectBUDGET SUPPORT
dc.subjectBUDGET SYSTEMS
dc.subjectBUDGETARY EXPENDITURE
dc.subjectBUDGETARY OPERATIONS
dc.subjectBUDGETARY OUTCOMES
dc.subjectCAPACITY BUILDING
dc.subjectCAPACITY CONSTRAINTS
dc.subjectCAPITAL ACCUMULATION
dc.subjectCAPITAL EXPENDITURE
dc.subjectCAPITAL EXPENDITURES
dc.subjectCAPITAL INFLOWS
dc.subjectCAPITAL INVESTMENT
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL MARKETS
dc.subjectCAPITAL SPENDING
dc.subjectCASH MANAGEMENT
dc.subjectCENTRAL GOVERNMENT
dc.subjectCOMMODITY PRICES
dc.subjectCOST RECOVERY
dc.subjectCOST-RECOVERY
dc.subjectCOUNTERPART FUNDS
dc.subjectCOUNTRY PROCUREMENT
dc.subjectCOUNTRY PROCUREMENT ASSESSMENT
dc.subjectDEBT RELIEF
dc.subjectDEBT SERVICE
dc.subjectDEBT SUSTAINABILITY
dc.subjectDOMESTIC CREDIT
dc.subjectDOMESTIC DEBT
dc.subjectDOMESTIC INVESTMENT
dc.subjectDOMESTIC MARKET
dc.subjectDOMESTIC REVENUE
dc.subjectDONOR FUNDING
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC POLICY
dc.subjectECONOMIC POLICY GOALS
dc.subjectEDUCATION PROGRAMS
dc.subjectEDUCATION SERVICES
dc.subjectEFFICIENCY GAINS
dc.subjectEQUITY ISSUES
dc.subjectEVALUATION CAPACITY
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATES
dc.subjectEXCHANGE RESERVES
dc.subjectEXPENDITURE
dc.subjectEXPENDITURE CATEGORIES
dc.subjectEXPENDITURE FRAMEWORK
dc.subjectEXPENDITURE ITEM
dc.subjectEXPENDITURE MANAGEMENT SYSTEM
dc.subjectEXPENDITURE OUTCOMES
dc.subjectEXPENDITURE PROGRAMS
dc.subjectEXPENDITURE TRACKING SURVEYS
dc.subjectEXTERNAL AUDIT
dc.subjectEXTERNAL FINANCING
dc.subjectEXTERNAL GRANTS
dc.subjectFINANCIAL ACCOUNTABILITY
dc.subjectFINANCIAL ANALYSIS
dc.subjectFINANCIAL POSITION
dc.subjectFINANCIAL STATEMENTS
dc.subjectFISCAL BALANCE
dc.subjectFISCAL CONSOLIDATION
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL PERFORMANCE
dc.subjectFISCAL POLICY
dc.subjectFISCAL POSITION
dc.subjectFISCAL REPORTING
dc.subjectFISCAL STANCE
dc.subjectFISCAL STRATEGY
dc.subjectFISCAL TARGET
dc.subjectFOREIGN BORROWING
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN DEBT
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN FINANCING
dc.subjectGOVERNMENT EXPENDITURE
dc.subjectGOVERNMENT EXPENDITURES
dc.subjectGOVERNMENT SPENDING
dc.subjectGROWTH RATE
dc.subjectHEALTH INSURANCE
dc.subjectHEALTH INSURANCE FUND
dc.subjectHEALTH MINISTRY
dc.subjectHEALTH PROGRAMS
dc.subjectHEALTH SECTOR
dc.subjectHIGHER DEFICITS
dc.subjectHIGHER INTEREST
dc.subjectHIGHER INTEREST PAYMENTS
dc.subjectIMPORT DUTIES
dc.subjectIMPORT TAXES
dc.subjectINCOME TAXES
dc.subjectINFLATION
dc.subjectINFRASTRUCTURE EXPENDITURE
dc.subjectINFRASTRUCTURE INVESTMENT
dc.subjectINFRASTRUCTURE PROJECTS
dc.subjectINTEREST RATE
dc.subjectINTERNAL AUDIT
dc.subjectINVESTMENT EXPENDITURE
dc.subjectINVESTMENT EXPENDITURES
dc.subjectLEGISLATIVE SCRUTINY
dc.subjectMARKET PRICES
dc.subjectMONETARY POLICY
dc.subjectNATIONAL BUDGET
dc.subjectNATIONAL BUDGET PROCESS
dc.subjectNATIONAL EXPENDITURE
dc.subjectNATIONAL SAVINGS
dc.subjectNATURAL RESOURCES
dc.subjectNET CAPITAL
dc.subjectPERFORMANCE CRITERIA
dc.subjectPERSONAL INCOME
dc.subjectPERSONAL INCOME TAX
dc.subjectPOVERTY REDUCING
dc.subjectPOVERTY REDUCTION
dc.subjectPOVERTY REDUCTION STRATEGY
dc.subjectPOVERTY-REDUCING EXPENDITURES
dc.subjectPRICE INDEX
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATE SECTOR INVESTMENT
dc.subjectPROCUREMENT ASSESSMENT
dc.subjectPROCUREMENT SYSTEMS
dc.subjectPROGRAMS
dc.subjectPUBLIC ACCOUNTS
dc.subjectPUBLIC CORPORATION
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC DISCLOSURE
dc.subjectPUBLIC ENTERPRISES
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC EXPENDITURE MANAGEMENT
dc.subjectPUBLIC EXPENDITURE TRACKING
dc.subjectPUBLIC EXPENDITURES
dc.subjectPUBLIC FINANCIAL MANAGEMENT
dc.subjectPUBLIC FINANCIAL MANAGEMENT SYSTEMS
dc.subjectPUBLIC GOODS
dc.subjectPUBLIC INSTITUTIONS
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC INVESTMENTS
dc.subjectPUBLIC PROCUREMENT
dc.subjectPUBLIC RESOURCES
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SECTOR EXPENDITURE
dc.subjectPUBLIC SECTOR REFORM
dc.subjectPUBLIC SERVICE
dc.subjectPUBLIC SPENDING
dc.subjectPUBLIC UTILITIES
dc.subjectQUALITY ASSURANCE
dc.subjectQUALITY CONTROL
dc.subjectREAL INTEREST RATES
dc.subjectRECURRENT EXPENDITURE
dc.subjectRECURRENT EXPENDITURES
dc.subjectREFORM PROGRAM
dc.subjectREFORM STRATEGY
dc.subjectREGULATORY FRAMEWORK
dc.subjectRESOURCE MANAGEMENT
dc.subjectREVENUE GROWTH
dc.subjectREVENUE PROJECTIONS
dc.subjectSECTORAL BREAKDOWN
dc.subjectSERVICE DELIVERY
dc.subjectSOCIAL SERVICES
dc.subjectSPENDING DEMANDS
dc.subjectSTRATEGIC RESOURCE ALLOCATION
dc.subjectTAX ADMINISTRATION
dc.subjectTAX BASE
dc.subjectTAX REVENUE
dc.subjectTAX REVENUES
dc.subjectTOTAL EXPENDITURE
dc.subjectTOTAL EXPENDITURES
dc.subjectTOTAL SPENDING
dc.subjectTRANSPARENCY
dc.subjectTRANSPARENT PUBLIC PROCUREMENT
dc.subjectWAGE EXPENDITURES
dc.titleGhana - 2007 External Review of Public Financial Management : Volume 1. Main Reporten
dspace.entity.typePublication
okr.date.disclosure2008-07-30
okr.date.doiregistration2025-05-07T12:16:53.937643Z
okr.doctypeEconomic & Sector Work::Public Expenditure Review
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2008/06/9727338/ghana-2007-external-review-public-financial-management-vol-1-2-main-report
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.guid215051468036345809
okr.guid913721468256520706
okr.identifier.externaldocumentum000334955_20080801031025
okr.identifier.internaldocumentum9727338
okr.identifier.report40676
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2008/08/01/000334955_20080801031025/Rendered/PDF/406760v10ESW0P1sclosed0July03002008.pdfen
okr.region.administrativeAfrica
okr.region.countryGhana
okr.themePublic expenditure, financial management and procurement
okr.themeOther accountability/anti-corruption
okr.themeGender
okr.themeDecentralization
okr.themeAdministrative and civil service reform
okr.themeSocial dev/gender/inclusion
okr.themePublic sector governance
okr.topicPublic Sector Economics
okr.topicPublic Sector Expenditure Policy
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicFinance and Financial Sector Development::Bankruptcy and Resolution of Financial Distress
okr.topicPublic Sector Development
okr.unitAFT: PREM 4 (AFTP4)
okr.volume1 of 2
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