Bolivia - Public Financial Management Review, Based on the PEFA Methodology

The National Development Plan highlights the Bolivian Government's commitment to improving efficiency, transparency, and accountability in the use of public resources. Within that framework, the authorities of the Ministry of Economy and Publi...

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Bibliographic Details
Main Author: World Bank
Format: Other Financial Sector Study
Language:English
Published: World Bank 2012
Subjects:
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_20110118233636
http://hdl.handle.net/10986/3206
id okr-10986-3206
recordtype oai_dc
spelling okr-10986-32062021-04-23T14:02:08Z Bolivia - Public Financial Management Review, Based on the PEFA Methodology World Bank AUDIT BUDGET CREDIBILITY DONOR PRACTICES FISCAL PERFORMANCE POLICY-BASED BUDGETING PROCUREMENT PUBLIC EXPENDITURES PUBLIC FINANCIAL MANAGEMENT PUBLIC REVENUES PUBLIC SECTOR The National Development Plan highlights the Bolivian Government's commitment to improving efficiency, transparency, and accountability in the use of public resources. Within that framework, the authorities of the Ministry of Economy and Public Finance (Ministerio de Economia y Finanzas Publicas, or MEFP) expressed their interest in conducting a public finance performance review following the Public Expenditure and Financial Accountability (PEFA) framework. Under this initiative the MEFP conducted a self-assessment, Evaluacion de las Finanzas Publicas (EFIP), at the beginning of 2008, which was then updated in a second phase toward the end of the same year. The purpose of this PEFA review is to provide the Government, international donors, and other stakeholders with an objective diagnosis of the performance of the PFM systems, processes, and institutions, using 31 high-level indicators taken from the PEFA reference framework. In accordance with government requirement, the review focuses on the central government's public expenditure and revenues, which include central administration, decentralized non-business institutions, and social security entities, covering approximately 47 percent of the total public sector expenditure. This scope excludes the sub-national level, prefectures and municipalities, and state-owned companies (financial and non-financial) although the transfers to these institutions by the central government are considered for certain indicators. 2012-03-19T17:26:55Z 2012-03-19T17:26:55Z 2009-10-02 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20110118233636 http://hdl.handle.net/10986/3206 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 Latin America & Caribbean South America America Bolivia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic AUDIT
BUDGET CREDIBILITY
DONOR PRACTICES
FISCAL PERFORMANCE
POLICY-BASED BUDGETING
PROCUREMENT
PUBLIC EXPENDITURES
PUBLIC FINANCIAL MANAGEMENT
PUBLIC REVENUES
PUBLIC SECTOR
spellingShingle AUDIT
BUDGET CREDIBILITY
DONOR PRACTICES
FISCAL PERFORMANCE
POLICY-BASED BUDGETING
PROCUREMENT
PUBLIC EXPENDITURES
PUBLIC FINANCIAL MANAGEMENT
PUBLIC REVENUES
PUBLIC SECTOR
World Bank
Bolivia - Public Financial Management Review, Based on the PEFA Methodology
geographic_facet Latin America & Caribbean
Latin America & Caribbean
South America
America
Bolivia
description The National Development Plan highlights the Bolivian Government's commitment to improving efficiency, transparency, and accountability in the use of public resources. Within that framework, the authorities of the Ministry of Economy and Public Finance (Ministerio de Economia y Finanzas Publicas, or MEFP) expressed their interest in conducting a public finance performance review following the Public Expenditure and Financial Accountability (PEFA) framework. Under this initiative the MEFP conducted a self-assessment, Evaluacion de las Finanzas Publicas (EFIP), at the beginning of 2008, which was then updated in a second phase toward the end of the same year. The purpose of this PEFA review is to provide the Government, international donors, and other stakeholders with an objective diagnosis of the performance of the PFM systems, processes, and institutions, using 31 high-level indicators taken from the PEFA reference framework. In accordance with government requirement, the review focuses on the central government's public expenditure and revenues, which include central administration, decentralized non-business institutions, and social security entities, covering approximately 47 percent of the total public sector expenditure. This scope excludes the sub-national level, prefectures and municipalities, and state-owned companies (financial and non-financial) although the transfers to these institutions by the central government are considered for certain indicators.
format Economic & Sector Work :: Other Financial Sector Study
author World Bank
author_facet World Bank
author_sort World Bank
title Bolivia - Public Financial Management Review, Based on the PEFA Methodology
title_short Bolivia - Public Financial Management Review, Based on the PEFA Methodology
title_full Bolivia - Public Financial Management Review, Based on the PEFA Methodology
title_fullStr Bolivia - Public Financial Management Review, Based on the PEFA Methodology
title_full_unstemmed Bolivia - Public Financial Management Review, Based on the PEFA Methodology
title_sort bolivia - public financial management review, based on the pefa methodology
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_20110118233636
http://hdl.handle.net/10986/3206
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