Report

Bhutan Public Financial Management Performance Report : Based on Public Expenditure and Financial Accountability 2016 Framework

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collection.link.56
https://openknowledge.worldbank.org/handle/10986/2164
collection.name.56
Country Financial Accountability Assessment
dc.contributor.author
World Bank Group
en_US
dc.date.accessioned
2016-12-12T23:26:50Z
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dc.date.available
2016-12-12T23:26:50Z
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dc.date.issued
2016-09
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dc.description.abstract
The Royal Government of Bhutan (RGoB) places high priority on good governance, and sound public financial management is one of the key elements of good governance. Over the past decade, Bhutan has been making steady progress in strengthening public financial management covering budget preparation, budget execution, control, reporting and oversight. There is increased legislative oversight on budget approval through a Finance Committee and of audit reports through a Public Accounts Committee. As in other countries, the public at large has become more demanding in terms of transparent and efficient government. The purpose of the assessment of the Public Financial Management (PFM) performance of the Royal Government of Bhutan (RGoB) was threefold: (i) to assess the quality (strengths and weaknesses) of PFM in the country against generally accepted international standards; (ii) to assess progress since the last Public Expenditure and Financial Accountability (PEFA) assessment in 2010, and (iii) to provide RGoB and other stakeholders with a common source of information as a basis for further dialogue on PFM reforms. This assessment was carried out under the approach of full ownership by RGoB and self-assessment by its officials, with technical support from World Bank and International Monetary Fund (IMF).
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dc.identifier.uri
http://hdl.handle.net/10986/25722
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dc.language
English
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dc.language.iso
en_US
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dc.publisher
World Bank, Washington, DC
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dc.rights
CC BY 3.0 IGO
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dc.rights.holder
World Bank
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dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
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dc.subject
fiscal trends
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dc.subject
regulation
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dc.subject
budget transparency
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dc.subject
public financial management
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dc.subject
accounting
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dc.subject
auditing
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dc.subject
budget execution
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dc.subject
government reforms
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dc.subject
local government
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dc.title
Bhutan Public Financial Management Performance Report
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dc.title.subtitle
Based on Public Expenditure and Financial Accountability 2016 Framework
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dc.type
Report
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okr.date.disclosure
2016-11-15
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okr.doctype
Economic & Sector Work
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okr.doctype
Economic & Sector Work :: Country Financial Accountability Assessment
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okr.docurl
http://documents.worldbank.org/curated/en/535311479288163001/Bhutan-Public-financial-management-performance-report
en_US
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b0846fca53_1_0
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okr.identifier.internaldocumentum
26942253
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okr.identifier.report
110293
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okr.imported
true
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okr.pdfurl
http://documents.worldbank.org/curated/en/535311479288163001/pdf/110293-PER-P116874-PUBLIC-WB-Bhutan-Report-15-11-16.pdf
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okr.region.administrative
South Asia
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okr.region.country
Bhutan
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okr.sector
Public Administration
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okr.theme
Public sector governance :: Public expenditure, financial management and procurement
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okr.theme
Public sector governance :: Other accountability/anti-corruption
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okr.topic
Public Sector Development :: Public Sector Regulation
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okr.topic
Governance :: Governance and the Financial Sector
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okr.topic
Public Sector Development :: Public Sector Corruption/Anticorruption Measures
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okr.topic
Macroeconomics and Economic Growth :: Economic Policy, Institutions and Governance
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okr.topic
Macroeconomics and Economic Growth :: Macroeconomic Management
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okr.unit
Governance - GP (GGODR)
en_US

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