World Bank2012-03-192012-03-192009-06-01https://hdl.handle.net/10986/3060The objective of this indicator-led analysis is to provide an integrated assessment of the Public Financial Management (PFM) system of the Government of Himachal Pradesh (GoHP). The analysis draws on the International Monetary Fund fiscal transparency code and other international standards. The analysis proposes to measure and benchmark PFM performance of the state across a wide range of developments over time. The findings are expected to contribute towards strengthening and implementation of the state's PFM reform strategy and in defining priorities and may serve as a baseline against which progress on PFM performance can be measured over time. The thirty-one indicators for the state's PFM system focus on the basic qualities of a PFM system, linking to existing good international practices. Assessments are classified as A (excellent), B (good), C (opportunities for some improvement), and D (in need of improvement in some areas). The indicators cover: 1) the results of the PFM system in terms of actual expenditures and revenues by comparing them to the original approved budget, as well as the level of and changes in expenditure arrears; 2) transparency and comprehensiveness of the PFM system; 3) the performance of the key systems, processes and institutions in the budget cycle; and 4) the elements of donor practices which impact the performance of the PFM system.CC BY 3.0 IGOABSOLUTE AMOUNTACCESS TO INFORMATIONACCESS TO SERVICESACCOUNTANTACCOUNTINGACCOUNTING STANDARDSACCRUAL ACCOUNTINGADMINISTRATIVE REFORMSADMINISTRATIVE SUPPORTAGGREGATE FISCAL DISCIPLINEAPPROPRIATIONSARREARSAUDITED FINANCIAL STATEMENTSAUDITSBANK ACCOUNTSBANK LENDINGBEST PRACTICEBOOKLETBORROWINGBUDGET EXECUTIONBUDGET FORMULATIONBUDGET IMPLICATIONSBUDGET MANAGEMENTBUDGET PROCESSBUDGETARY ALLOCATIONBUDGETARY IMPACTBUDGETINGCALCULATIONCAPITAL OUTLAYCASH BALANCESCENTRAL TAXESCHECKSCHILD MORTALITY RATESCONSUMERCONSUMER EXPENDITURECONTINGENCYCONTINGENT LIABILITIESCONTRACT AWARDSCONTRIBUTIONCONTRIBUTIONSCREDIBILITYCREDIT PROGRAMCREDIT SYSTEMCREDITORDEBTDEBT OBLIGATIONSDEBT SERVICEDEBT SERVICE PAYMENTSDEBT SERVICINGDEBT STOCKDEBT SUSTAINABILITYDEFAULTSDEFICIT FINANCINGDEFICITSDELIVERY COSTSDEPENDENTDEPRECIATIONDEVELOPMENT ASSISTANCEDISBURSEMENTDIVERSIFICATIONECONOMIC ASSUMPTIONSECONOMIC DEVELOPMENTECONOMIC GROWTHECONOMIC SITUATIONECONOMIC SUCCESSELECTRICITYEMPLOYEEENROLLMENTEQUITY INVESTMENTEXCHANGE RATEEXPENDITUREEXPENDITURESFAMILY HEALTHFINANCESFINANCIAL ACCOUNTABILITYFINANCIAL ASSETSFINANCIAL INFORMATIONFINANCIAL MANAGEMENTFINANCIAL MANAGEMENT SPECIALISTFINANCIAL POSITIONFINANCIAL STATEMENTSFINANCING REQUIREMENTFISCAL DEFICITFISCAL DISCIPLINEFISCAL INFORMATIONFISCAL MANAGEMENTFISCAL PLANSFISCAL POLICYFISCAL POSITIONFISCAL POSITIONSFISCAL REPORTINGFISCAL RESPONSIBILITYFISCAL SURPLUSFISCAL TRANSPARENCYFIXED BUDGETGENDERGENDER EQUALITYGENDER GAPSGOVERNANCE STRUCTUREGOVERNMENT BUDGETSGOVERNMENT FUNDINGGOVERNMENT POLICIESGROWTH PLANHOUSEHOLDSHOUSINGHUMAN DEVELOPMENTINCOMEINFLATIONINSTITUTIONAL ARRANGEMENTSINSTITUTIONAL FRAMEWORKINSTRUMENTINTEREST EXPENDITUREINTEREST EXPENDITURESINTERNAL AUDITINTERNATIONAL STANDARDSINVESTMENT HORIZONINVESTMENT PROPOSALSJURISDICTIONKEY CHALLENGELENDERSLIABILITYLIQUIDATIONLOANLOCAL GOVERNMENTLONG-TERM LIABILITIESLUMP SUMMANDATESMONETARY FUNDMUNICIPALITIESPENALTIESPENSIONPENSIONSPERFORMANCE MEASUREMENTPREPAYMENTPRIMARY EDUCATIONPRIVATE SECTORPROCUREMENTPROCUREMENT PROCEDURESPROVISIONINGPROVISIONSPUBLICPUBLIC ENTERPRISESPUBLIC EXPENDITUREPUBLIC EXPENDITURESPUBLIC FUNDSPUBLIC PROCUREMENTPUBLIC SECTORPUBLIC SECTOR ACCOUNTINGPUBLIC SERVICEPUBLIC SERVICE DELIVERYPUBLIC WORKSQUESTIONNAIRERECEIPTRECEIPTSRECURRENT EXPENDITURERECURRENT EXPENDITURESREFORM PROGRAMSRESERVERESERVE BANKRESOURCE ALLOCATIONRESPONSIBILITIESRESTORATIONRETIREDRETIREMENTRETIREMENT BENEFITSREVENUE COLLECTIONRISK ASSESSMENTRISK ASSESSMENT PROCESSSALARIESSALARYSALESENIORSOCIAL JUSTICESOCIAL SECURITYSOCIAL SERVICESSTAKEHOLDERSSTATE OWNED ENTERPRISESSWAPSTAXTAX ASSESSMENTTAX COLLECTIONSTAX EXEMPTIONSTAX REVENUESTAXATIONTRANCHESTRANSPARENCYTRANSPARENCY CODETREASURIESTREASURYTREASURY BILLSUNIONUNPAID BILLSURBAN DEVELOPMENTVALUABLEVILLAGEWAGEWorld Bank10.1596/3060