Result Based Management Framework - METAC
Result Based Management Framework - METAC
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