The Public Expenditure and Financial Accountability (PEFA) Framework was established in 2001 to provide a mechanism to assess public financial management performance (PFM) that would be usable by any country. It was expected to produce a common pool of data to help countries and their development partners to identify strengths, weaknesses, and reform priorities for PFM.
After 15 years PEFA has become the recognized international standards for PFM diagnostic assessments. It has been used at national and subnational level in 150 countries over 500 times. The PEFA program has amassed a data base of more than 40,000 performance indicator scores which has been used for research on a variety of PFM issues.
Lewis Hawke, head of the PEFA secretariat provided some insight into why the PEFA framework was changed, and the key feature of the upgrade, which the Philippines was one of the first to use. He talked about the experiences of other early users of PEFA 2016 from Costa Rica to Viet Nam. He also highlighted some country experiences in using PEFA and its contribution to PFM reform, drawing on presentations by practitioners at the recent PEFA international event in Budapest.
|Date||Session / Activity||Presentation Material||Speaker(s)|
|22 Aug 2016||
Presentation - How the Public Expenditure and Financial Accountability Framework Can Make a Difference
The Public Expenditure and Financial Accountability Framework (PEFA) Framework is a standardized methodology which aims to provide a thorough...