Result Based Management Framework - METAC

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3. Public Financial Management
Outcomes Indicators for end-FY 2015
1. Budget process based on spending
programs linked to a medium-term
budget framework and supported by
appropriate budget calendar and legal
framework.
2. Comprehensive budget integrating
capital and recurrent expenditures.
1.1. A medium-term budget framework, with a budget document including budget
estimates for at least two out-years in addition to the next FY is developed.
2.1. An integrated budget planning and management process that effectively links
policies to budgeting is established.
2.2. Estimated cost of expenditure programs and integrated budgets for capital and
recurrent expenditures are included in the budget document.
AFG
Egypt
Iraq
Jordan
Lebanon
Libya
Sudan
Syria
WBG
Yemen
3. Further improved government cash
planning and management and
consolidated government banking
arrangements through TSA regime.
3.1. A cash planning function is developed leading to a good evaluation of the future
profile of the total cash resources available to the government to meet its budget
expenditure plans.
3.2. A TSA regime is implemented.
4. Budget execution and reporting, and
internal control and audit broadly
compliant with international standards.
4.1. Budget Classification compliant with GFSM 2001 on a cash basis is introduced.
4.2. Expenditure controls, accounting and financial reporting, as well as internal
control and audit are compliant with relevant international standards.
Inputs Assumptions/Risks
Resident Advisor in Public Financial
Management.
Short-term experts.
HQ-based diagnostic missions and
backstopping.
Outputs
TA reports.
Draft regulations and manuals.
Hands-on training.
Country workshops.
Regional workshops and seminars on
budget preparation, accounting and
internal control and audit.
1. Assumptions:
a. The country authorities remain committed to the implementation of the PFM reform agenda.
b. The political conditions in member countries allow the normal delivery of TA.
c. HQ’s TA, backstopping and guidance available in particular on diagnostic assessments, institutional framework, and PFM reform
strategies.
2. Risks: the authorities face major challenges in the fiscal area, mainly as a result of recent political, economic, and security
developments in the region. These developments may impede the implementation of a comprehensive PFM reform agenda
because the authorities would need to focus on urgent policy issues rather than on medium-term oriented fiscal structural
reforms.