Colombia - National Level Public Financial Management and Procurement Report : Public Financial Management Performance
This Public Financial Management Performance Report (PFMPR) analyzes the performance of Colombia's public financial management (PFM) institutions, systems and processes. It documents areas where performance is close to or follows international...
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2012
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okr-10986-31912021-04-23T14:02:07Z Colombia - National Level Public Financial Management and Procurement Report : Public Financial Management Performance World Bank Inter-American Development Bank ECONOMIC CRISIS FISCAL DISCIPLINE OPERATIONAL EFFICIENCY PUBLIC EXPENDITURES PUBLIC FINANCIAL MANAGEMENT RESOURCE ALLOCATION This Public Financial Management Performance Report (PFMPR) analyzes the performance of Colombia's public financial management (PFM) institutions, systems and processes. It documents areas where performance is close to or follows international good practice, as well as opportunities to further enhance PFM contribution to the goals of strengthening fiscal discipline, enabling more efficient allocation of resources, increasing operational efficiency, and fostering transparency. It is expected that the identified opportunities will strengthen further the Government of Colombia's programs of continuous PFM improvement, as provided for under the National Development Plan pillar regarding a state at the service of its citizens: efficient and effective Government. The main challenges cited in the report could also be an important reference to future development plans and PFM reforms. Ensuring the sustainability and trajectory of PFM programs becomes even more critical in the context of public expenditure policies to deal with the current international economic crisis. The study is based on the 28 high-level indicators and 69 individual dimensions that compose the PFM performance measurement framework. Each indicator seeks to measure performance of a key PFM element against a scale from A to D. The highest score is warranted for an individual indicator if the core PFM element meets the relevant objective in a complete, orderly, accurate, timely and coordinated way, based on existing good international practices. 2012-03-19T17:26:32Z 2012-03-19T17:26:32Z 2009-06-30 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20100805001645 http://hdl.handle.net/10986/3191 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank Economic & Sector Work :: Other Financial Sector Study Latin America & Caribbean South America America Colombia |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
ECONOMIC CRISIS FISCAL DISCIPLINE OPERATIONAL EFFICIENCY PUBLIC EXPENDITURES PUBLIC FINANCIAL MANAGEMENT RESOURCE ALLOCATION |
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ECONOMIC CRISIS FISCAL DISCIPLINE OPERATIONAL EFFICIENCY PUBLIC EXPENDITURES PUBLIC FINANCIAL MANAGEMENT RESOURCE ALLOCATION World Bank Inter-American Development Bank Colombia - National Level Public Financial Management and Procurement Report : Public Financial Management Performance |
geographic_facet |
Latin America & Caribbean South America America Colombia |
description |
This Public Financial Management
Performance Report (PFMPR) analyzes the performance of
Colombia's public financial management (PFM)
institutions, systems and processes. It documents areas
where performance is close to or follows international good
practice, as well as opportunities to further enhance PFM
contribution to the goals of strengthening fiscal
discipline, enabling more efficient allocation of resources,
increasing operational efficiency, and fostering
transparency. It is expected that the identified
opportunities will strengthen further the Government of
Colombia's programs of continuous PFM improvement, as
provided for under the National Development Plan pillar
regarding a state at the service of its citizens: efficient
and effective Government. The main challenges cited in the
report could also be an important reference to future
development plans and PFM reforms. Ensuring the
sustainability and trajectory of PFM programs becomes even
more critical in the context of public expenditure policies
to deal with the current international economic crisis. The
study is based on the 28 high-level indicators and 69
individual dimensions that compose the PFM performance
measurement framework. Each indicator seeks to measure
performance of a key PFM element against a scale from A to
D. The highest score is warranted for an individual
indicator if the core PFM element meets the relevant
objective in a complete, orderly, accurate, timely and
coordinated way, based on existing good international practices. |
format |
Economic & Sector Work :: Other Financial Sector Study |
author |
World Bank Inter-American Development Bank |
author_facet |
World Bank Inter-American Development Bank |
author_sort |
World Bank |
title |
Colombia - National Level Public Financial Management and Procurement Report : Public Financial Management Performance |
title_short |
Colombia - National Level Public Financial Management and Procurement Report : Public Financial Management Performance |
title_full |
Colombia - National Level Public Financial Management and Procurement Report : Public Financial Management Performance |
title_fullStr |
Colombia - National Level Public Financial Management and Procurement Report : Public Financial Management Performance |
title_full_unstemmed |
Colombia - National Level Public Financial Management and Procurement Report : Public Financial Management Performance |
title_sort |
colombia - national level public financial management and procurement report : public financial management performance |
publisher |
World Bank |
publishDate |
2012 |
url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20100805001645 http://hdl.handle.net/10986/3191 |
_version_ |
1764386587999731712 |