Public Sector Governance and Accountability Series: Budgeting and ...

Index 549
Public Expenditure and Financial
Accountability (PEFA) indicators.
See under public finance
management (PFM) systems
Public Expenditure and Financial
Accountability Secretariat, 398,
431n11
public expenditure management (PEM)
in Africa. See Africa, public
expenditure management
(PEM) in
public expenditure reviews (PERs),
131–32, 479–80
public expenditure tracking surveys
(PETS), 495–96
public finance management (PFM)
systems, 15, 359–83
automated (See automated public
financial management systems)
complexity of, 360–61, 365
G8 call for PFM code, 359, 361, 381
goal multiplicity, 374–81, 376f, 378f
levels of development, 375–77,
376f, 378f
MSP (more strategic practices)
indicators, 379–80
PEFA indicators, 359–65
analysis of individual process areas
using, 364t
broad focal points, 361, 362–63b
MSP (more strategic practices)
indicators added to, 379–80
process area weaknesses, 366–70
role-player multiplicity and
interaction, failure to account
for, 370, 371, 373–74
simplified framework diagram, 361,
363f
policy-budget link, 366–69,
368b, 370b
process multiplicity and interaction in,
365–70, 367f
role-player multiplicity and
interaction in, 370–74, 372f, 373b
public sector, defined, 59
quasi-fiscal activities, 77–79
Radev, Dimitar, 64
rainy day funds, 41
rational model, 117–18
reallocation of budgeted funds, 274–76
reconstruction, postconflict. See
postconflict countries, budgeting in
regulations. See legislative and regulatory
framework
Reid, Barry, 185, 195–96
reporting
Africa, PEM in, 410–11
capital budgeting, 99t, 100
execution of budget, 305–7
Kenya case study, 495
performance measurement and, 145–46
South Africa case study, 518–21, 523f
on tax expenditures, 81, 82b
Republic of Korea, 5, 65, 102
resource allocation
capital budgeting, 95–96, 97–98t
performance budgeting, 145
responsibility, fiscal, 258–60, 259b
results-oriented budgeting. See
performance budgeting
revenue forecasts, 318, 400–401
reviews
midyear reviews of budget execution,
307–8
MPERs (ministerial public
expenditure reviews)
Kenya, 475–79, 476–77b, 478b
Tanzania, 20
PERs (public expenditure reviews),
131–32, 479–80
preparation and approval of
budget, 263
revisions of budget, 300–301
risks
automated public financial
management systems and,
333–37, 415–16
of EBFs, 62–63
fiduciary, 55
government liabilities, 73–75, 74t
road funds, 67–68, 68–70b
rolling public investment programs, 247
Romania, 277n3