Beruflich Dokumente
Kultur Dokumente
Resources
In this section we review some recent publications which may be of interest to readers of the
Journal. We would be pleased to receive reviews and suggestions of other resources which
we should refer to in future issues.
All countries build e. How much caution should L/MICs build into
considerable caution into their their MTEF projections?
Caution
medium-term fiscal f. Should that caution be explicit or implicit in
projections those projections?
MTEFs underpinned by strong,
g. How many MoFs have the capacity to enforce
capable MoFs within powerful
the discipline demanded by an MTEF?
executives
Supporting
Institutions Clear procedures needed to
ensure legitimacy, h. Is TA too focused on MTEF preparation to the
responsibility, flexibility and neglect of MTEF enforcement?
discipline
Credibility of and commitment
Political to MTEF projections waxes and i. Should we expect MTEFs to be any more
Economy wanes with political strength durable in L/MICs than in advanced countries?
of the Govt
Public Financial Management Reform in the Middle East and North Africa
A new report "Public Financial Management Reform in the Middle East and North Africa:
An Overview of Regional Experience" surveys the experience of public financial management
reform across the region. This includes a review of the results for PEFA reviews for 10
countries across the region.
One of the most important functions governments perform is that of mobilizing and
deploying financial resources to achieve their objectives. The way in which this money is
spent has huge implications for their broader development trajectory.
For governments to perform their spending function well, their public financial management
(PFM) practices should meet certain well-established criteria
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Whitfield, uses the term PPPs to include PFI and other partnership / privatization projects across
the globe such as P3s in the USA and Canada.