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
dc.date.accessioned
2016-12-12T23:26:50Z
dc.date.available
2016-12-12T23:26:50Z
dc.date.issued
2016-09
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).
en
dc.identifier.uri
http://hdl.handle.net/10986/25722
dc.language
English
dc.language.iso
en_US
dc.publisher
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
fiscal trends
dc.subject
regulation
dc.subject
budget transparency
dc.subject
public financial management
dc.subject
accounting
dc.subject
auditing
dc.subject
budget execution
dc.subject
government reforms
dc.subject
local government
dc.title
Bhutan Public Financial Management Performance Report
en
dc.title.subtitle
Based on Public Expenditure and Financial Accountability 2016 Framework
en
dc.type
Report
en
okr.date.disclosure
2016-11-15
okr.doctype
Economic & Sector Work
okr.doctype
Economic & Sector Work :: Country Financial Accountability Assessment
okr.docurl
http://documents.worldbank.org/curated/en/535311479288163001/Bhutan-Public-financial-management-performance-report
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b0846fca53_1_0
okr.identifier.internaldocumentum
26942253
okr.identifier.report
110293
okr.imported
true
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/535311479288163001/pdf/110293-PER-P116874-PUBLIC-WB-Bhutan-Report-15-11-16.pdf
en
okr.region.administrative
South Asia
okr.region.country
Bhutan
okr.sector
Public Administration
okr.theme
Public sector governance :: Public expenditure, financial management and procurement
okr.theme
Public sector governance :: Other accountability/anti-corruption
okr.topic
Public Sector Development :: Public Sector Regulation
okr.topic
Governance :: Governance and the Financial Sector
okr.topic
Public Sector Development :: Public Sector Corruption/Anticorruption Measures
okr.topic
Macroeconomics and Economic Growth :: Economic Policy, Institutions and Governance
okr.topic
Macroeconomics and Economic Growth :: Macroeconomic Management
okr.unit
Governance - GP (GGODR)

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