Result Based Management Framework - METAC

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Regional workshops on external statistics methodologies (BPM6, forthcoming
updated External Debt Guide).
Risks/Assumptions
The political situation allows the resumption of TA delivery in normal conditions. The
new authorities are willing to take ownership of the recommendations provided by TA
missions. Sufficient staff and financial resources are available to the statistical agencies
for them to perform their duties. Institutional knowledge needs to be maintained through a
low turnover of staff.
C. Public Financial Management
Past Activities
A number of development partners have been supporting PFM reforms in Egypt since the
early 2000s. Since 2003, FAD, together with METAC (since 2008), provided significant
support on strategic reforms, with a particular focus on budget classification, treasury
single account (TSA), Government Financial Management Information System (GFMIS),
fiscal decentralization and deconcentration. 1
A law has been passed to enable the establishment of a TSA and many accounts in
commercial banks have been closed. The necessary rationalization of banking
arrangements and accounting processes recommended by a METAC peripatetic advisor is
advancing, but budget sector entities continue to hold substantial funds in special
accounts and funds outside of the TSA.
METAC also provided support with the preliminary work for amending the Organic
Budget Law aimed at fiscal decentralization reform. It is still at its preliminary stage.
During November 2011, an FAD/WB/METAC mission proposed a reform agenda
detailed in an Action Plan to be implemented over the next four years. The agenda also
identified the main donors that will help in the implementation with the different areas.
1 In 2005, FAD provided advice on the establishment of a TSA and strengthening macro-fiscal capacity of
the MOF; joint FAD/STA missions in 2005 and 2006 reviewed a new system of budget classification and
assisted the authorities to reconcile the fiscal balance; FAD missions in 2007 and 2009 reviewed the
progress of the implementation of PFM reforms and provided advice on developing a complete strategy for
fiscal decentralization. In addition, METAC has been providing advice on TSA and related accounting
reforms through workshops and short-term experts.