Syrian Arab Republic : Modernization of Public Financial Management

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collection.link.77
https://openknowledge.worldbank.org/handle/10986/2185
collection.name.77
Other Financial Sector Study
dc.contributor.author
Radev, Dimitar
dc.contributor.author
Fouad, Manal
dc.contributor.author
Gardner, John
dc.contributor.author
Messali, Pierre
dc.contributor.author
Petrie, Murray
dc.contributor.author
Webber, David
dc.date.accessioned
2013-03-21T13:43:53Z
dc.date.available
2013-03-21T13:43:53Z
dc.date.issued
2010-03
dc.date.lastModified
2021-04-23T14:03:04Z
dc.description.abstract
The authorities have made good recent progress in important public financial management (PFM) areas. They have strengthened the overall regulatory framework of the budget process by adopting a new basic finance law, and further deepened budget integration by transferring the responsibilities for the capital budget from the State Planning Commission (SPC) to the Ministry of Finance (MoF). They have also improved the budget presentation by providing information to parliament for selected ministries on the base of a simple program structure.The main purpose of this report is to assist the authorities in advancing their reform agenda for modernization of the PFM system. To this end, the report: Develops an action plan for PFM reform. The plan sets out specific activities in a selection of reform areas identified as priorities in discussion with the Minister of Finance, as well as the suggested timing and possible requirement of technicalassistance (TA); and elaborates, in detail, actions that need to be undertaken in four broad PFM areas as identified in the plan: (i) medium-term orientation of the budget; (ii) budget integration reforms; (iii) budgetary treatment of public economic entities; and (iv) treasury reforms. Key recommendations of the report include:Prepare a three-year fiscal forecast and link fiscal projections to an approved debtsustainability and fiscal strategy framework; present as part of the budget documentation information on the revenues and expenditures of the public economic entities; and progressively strengthen governance of the sector; gradually extend the use of programs for presentation purposes in the budget by adding up to five to six new ministries in 2010, including the MoF and the ministry of local administration (MoLA); further integrate the management of the recurrent and capital budgets by the budget department in the MoF; the reform areas included in the action plan reflect initial priorities and are not an assessment of all areas in which the PFM system in Syria might be improved. Strengthen the government banking arrangements by introducing a treasury single account (TSA) system; develop accounting and cash management functions at the MoF, by establishing accounting and cash management units in the treasury department; and introduce new budget classification and chart of accounts (CoA) to be integrated into a new integrated financial management information system (GFMIS).
en
dc.identifier
http://documents.worldbank.org/curated/en/2010/03/16423388/syrian-arab-republic-modernization-public-financial-management-vol-1-1
dc.identifier.uri
http://hdl.handle.net/10986/12810
dc.language
English
dc.language.iso
en_US
dc.publisher
International Monetary Fund and the World Bank, Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
BUDGET INTEGRATION
dc.subject
BUDGET PROCESS
dc.subject
FINANCE LAW
dc.subject
FISCAL FORECAST
dc.subject
GOVERNANCE
dc.subject
GOVERNMENT BANKING ARRANGEMENTS
dc.subject
INFORMATION SYSTEM
dc.subject
PUBLIC FINANCIAL MANAGEMENT
dc.subject
PFM
dc.subject
PFM MODERNIZATION
dc.subject
REGULATORY FRAMEWORK
dc.subject
TREASURY REFORMS
dc.title
Syrian Arab Republic : Modernization of Public Financial Management
en
okr.date.disclosure
2012-06-25
okr.doctype
Economic & Sector Work :: Other Financial Sector Study
okr.doctype
Economic & Sector Work
okr.docurl
http://documents.worldbank.org/curated/en/2010/03/16423388/syrian-arab-republic-modernization-public-financial-management-vol-1-1
okr.globalpractice
Finance and Markets
okr.globalpractice
Governance
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
000425970_20120625133250
okr.identifier.internaldocumentum
16423388
okr.identifier.report
70153
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/06/25/000425970_20120625133250/Rendered/PDF/701530ESW0P1220rt0on0PFM0March02010.pdf
en
okr.region.administrative
Middle East and North Africa
okr.region.country
Syrian Arab Republic
okr.sector
Public Administration, Law, and Justice :: Central government administration
okr.theme
Public sector governance :: Public expenditure, financial management and procurement
okr.theme
Public sector governance :: Administrative and civil service reform
okr.theme
Public sector governance :: Other accountability/anti-corruption
okr.topic
Public Sector Economics
okr.topic
Public Sector Expenditure Policy
okr.topic
Finance and Financial Sector Development :: Debt Markets
okr.topic
Banks and Banking Reform
okr.topic
Governance :: National Governance
okr.topic
Public Sector Development
okr.unit
Poverty Reduct & Econ. Mgmt Dept (MNSPR)
okr.volume
1 of 1

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