West Bank and Gaza : Public Expenditure and Financial Accountability
The purpose of the Public Expenditure and Financial Accountability (PEFA) assessment is to review the performance of the Palestinian Authority's (PA's) Public Financial Management (PFM) framework. The assessment examines progress since an...
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| Format: | Financial Sector Assessment Program (FSAP) |
| Language: | English en_US |
| Published: |
Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2013/06/18191107/west-bank-gaza-public-expenditure-financial-accountability-public-financial-management-performance-report http://hdl.handle.net/10986/15939 |
| Summary: | The purpose of the Public Expenditure
and Financial Accountability (PEFA) assessment is to review
the performance of the Palestinian Authority's
(PA's) Public Financial Management (PFM) framework. The
assessment examines progress since an informal PEFA
assessment in 2007 and provides a baseline for supporting
the PA in refining, where necessary, the current PFM reform
strategy. The assessment has been undertaken following the
PEFA performance measurement framework methodology as
revised in January 2011. The assessment builds on previous
reports by the World Bank and the International Monetary
Fund (IMF) on various aspects of the PA's PFM system.
The assessment is based on publicly available documents and
supplementary information provided by the PA and other
stakeholders. These include annual budget documents, annual
fiscal outturn reports, and specific reports produced by
various stakeholders. The scope of the assessment includes
the Public Financial Management of the central government,
the subnational government (municipalities and community
villages), and the autonomous public entities which are all
under the umbrella of the Palestinian investment fund. The
PA was established in 1994 following the 1993 Oslo
agreement, with responsibility for the West Bank and Gaza
(WBG) under Palestinian control. The PA has adopted a PFM
model which broadly follows the Anglophone model, but in the
years following its establishment, authority has
increasingly become concentrated in the executive branch and
the role of parliament has been reduced. The current PEFA
assessment outlines a strong link between the various
reforms that require a more integrated technical assistance
approach. Many of these reforms are to be implemented
together with other interconnected reforms in order to
produce effective results. This underscores the challenging
context, in which these reforms have to be implemented, but
also the opportunity to create synergy and impetus between,
and ownership of, the various components of the reform agenda. |
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