Philippines : Public Expenditure and Financial Accountability
The World Bank, with funding from Australian Agency for International Development (AusAID) and in partnership with the Department of Budget and Management (DBM) as its primary counterpart, has conducted an independent assessment of the Philippines&...
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Format: | Public Expenditure Review |
Language: | English |
Published: |
World Bank
2012
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Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20100722014910 http://hdl.handle.net/10986/2880 |
Summary: | The World Bank, with funding from
Australian Agency for International Development (AusAID) and
in partnership with the Department of Budget and Management
(DBM) as its primary counterpart, has conducted an
independent assessment of the Philippines' public
financial management (PFM) system. The assessment was based
on the Public Expenditure and Financial Accountability
(PEFA) methodology. The overall objective of the exercise is
to provide all stakeholders with an evidence-based
assessment of the PFM system and a common basis for
identifying priority areas for improvements. The assessment
covers primarily the period 2004-06, although for some
indicators more recent information is incorporated in the
analysis. Some of these areas are already covered by ongoing
reforms, while others may not be. The assessment is intended
to serve as a baseline for reform monitoring and to
facilitate coordination among those Government of
Philippines (GOP) agencies that carry out reforms as well as
development partners that support them. |
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