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Result Based Management Framework - METAC

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57<br />

<br />

<br />

DI survey form.<br />

Regional workshops on external statistics methodologies (BPM6, forthcoming<br />

updated External Debt Guide).<br />

The main outputs of TA on price statistics are:<br />

<br />

<br />

<br />

Mission reports.<br />

Hands-on training on the compilation of the CPI following the conduct of a new<br />

HBS.<br />

Hands-on training on increasing the coverage of the PPI to sectors of the economy<br />

currently not covered.<br />

Risks/Assumptions<br />

The political situation allows the resumption of TA delivery in normal conditions.<br />

Sufficient staff and financial resources are available for the CBL and the GAFI to perform<br />

their respective duties in the production of macroeconomic statistics. Institutional<br />

knowledge needs to be maintained through a low turnover of staff.<br />

Outreach to businesses needs to be conducted by the authorities to raise awareness of<br />

purposes and importance of the PPI, and build confidence in the confidentiality of the<br />

surveys.<br />

C. Public Financial <strong>Management</strong><br />

Past Activities<br />

A diagnostic mission visited Libya in 2006 to review the PFM systems and processes, and<br />

developed a medium-term action plan spanning mid-2006 through 2009. The mission<br />

recommended a range of measures for strengthening, inter alia, the macro-fiscal<br />

capabilities of the Ministry of Planning and Finance (MoPF); unifying the budget and<br />

expanding its coverage; improving the budget classification structure; strengthening<br />

expenditure control and improving budget execution processes; implementing a GFSM<br />

2001-based COA; and establishing a TSA.<br />

Some progress has been made in implementing the strategy recommended by staff in<br />

2006 to strengthen PFM in Libya. Examples include the budget unification,<br />

improvements in the budget classification, and the establishment of a macro-fiscal unit. In<br />

some areas, such as establishing a TSA, a decision to move forward has been adopted

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