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The Finance Minister at a recent public forum on Public Financial Management (PFM) Reforms indicated in his address that the wave of PFM reforms in Ghana has continued throughout the last three decades. The PFM reforms have helped Ghana to attain notable PFM capabilities over the periods, including stronger legislative base and external oversight function. This is evidenced by the country’s improved performance in the 2018 Public Expenditure and Financial Accountability (PEFA) scores in these dimensions.
Required:
As the Head of Finance of your entry;
i) Explain the THREE (3) key outcomes of the PEFA framework. (3 marks)
ii) State TWO (2) limitations with respect to the scope of the PEFA framework. (3 marks)
iii) Discuss FOUR (4) of the broad activity areas (pillars) of the PEFA framework used in assessing the quality of Public Financial Management Systems. (4 marks)
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
The Finance Minister at a recent public forum on Public Financial Management (PFM) Reforms indicated in his address that the wave of PFM reforms in Ghana has continued throughout the last three decades. The PFM reforms have helped Ghana to attain notable PFM capabilities over the periods, including stronger legislative base and external oversight function. This is evidenced by the country’s improved performance in the 2018 Public Expenditure and Financial Accountability (PEFA) scores in these dimensions.
Required:
As the Head of Finance of your entry;
i) Explain the THREE (3) key outcomes of the PEFA framework. (3 marks)
ii) State TWO (2) limitations with respect to the scope of the PEFA framework. (3 marks)
iii) Discuss FOUR (4) of the broad activity areas (pillars) of the PEFA framework used in assessing the quality of Public Financial Management Systems. (4 marks)
Find Related Questions by Tags, levels, etc.
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