European Parliament Library

Maldives :, Action Plan for PFM Reforms Based on PEFA Assessment

Abstract
This report discusses the Action Plan for Public Financial Management (PFM) Reforms Based on PEFA Assessment for the Maldives. The purpose of the action plan is to help prioritize efforts in light of scarce resources. The recently completed Public Expenditure and Financial Accountability (PEFA) assessment indicates significant weaknesses in the PFM. Budget credibility is low, although the budget is comprehensive. Budget execution, control, procurement, accounting, and reporting are weak. External audit and legislative oversight has been lacking. Improvements are under way in many areas
Table Of Contents
Cover; Contents; Abbreviations; Executive Summary; I. Introduction; Tables; 1. Results of PEFA Assessment; II. Strategy for reforms; A. Strategic Considerations; B. Strengthening and Completing Ongoing Basic Reforms; C. New High-Priority Reform Areas; D. Longer-Term Priorities; III. Creating an enabling environment and ensuring necessary support; 2. Draft Action Plan
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (24 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9786612848094

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