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Public Financial Management
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Public Financial Management
Building Robust Public Financial System
We are supporting the development of efficient systems and ensuring accountability with a robust public financial management system.
A robust public financial management system is the cornerstone of quality governance, particularly in developing economies. Today, public institutions are under immense pressure to modernise and increase transparency to provide better outcomes for citizens. Transparent and equitable public finances provide a platform for governments to deliver a strong enabling environment for business and effective public services. Our specialised team works in all aspects of the Public Financial Management (PFM) cycle to enhance its efficiency right from planning to resource allocation, and spending. We ensure adequacy, appropriateness, efficiency, effectiveness, and equity in our progress.
We work with governments (national, state, provincial, and counties), bilateral & multilateral organisations, and international & non-governmental organisations (INGOs) for developing efficient systems to ensure accountability in the management of limited public resources. We provide technical assistance on medium-term expenditure reviews, budgeting, financial monitoring, feasibility studies, and maintenance of financial records, thus strengthening public finances.
Thematic Focus
- Economic Planning
- Medium-Term Expenditure Framework (MTEF), Budget and Expenditure Tracking/ Review Studies and Tools
- Performance and Results-Based Budgeting
- Public Procurement Reforms
- Revenue Mobilisation
- Fiscal Decentralisation
- Internal and External Audits
Designing and Implementing Innovative Financing Mechanisms