Every country faces the challenge of how to use public resources efficiently and effectively. Without good public financial management (PFM), governments may find challenging to use public funds to ...

Financial management refers to directing, organizing and control of commercial operations such as procurement and disbursal of revenue from the individual or business. It also includes the application ...

The World Bank approved an US$8 million grant to advance public financial management (PFM) reforms. The second phase of the Public Financial Management Improvement Project aims to strengthen ...

The World Bank's definition of a financial management information system, or FMIS, is simply the automation of financial operations. With that definition in mind, there are plenty of database ...

MANILA, Philippines –The Marcos administration narrowed its public financial management (PFM) reform agenda to 18 of 41 measures for completion by 2028. The Department of Budget and Management’s (DBM) ...

This paper highlights North Macedonia’s Technical Assistance report on public expenditure and financial accountability (PEFA) performance assessment. This PEFA assessment provides a snapshot of the ...

This Technical Assistance report on Ukraine discusses a more sustainable fiscal consolidation. The Ukrainian authorities have recently adopted a broad Public Financial Management System Reform ...