AA – L2 – SA – Q4.8 – PFM System Weaknesses

Non-weakness in Ghana’s PFM system.

Question

PEFA performance assessment report?

A Ministries, departments and agencies experience delays in receiving cash funds for approved projects

B Lack of independent quality reviews

C Expenditure commitments being made outside the approved budget

D Revenue administration is weak

Answer

Explanation:
The 2018 PEFA assessment for Ghana’s Public Financial Management (PFM) system identified weaknesses such as delays in cash fund disbursements, unauthorized expenditure commitments, and weak revenue administration. However, a lack of independent quality reviews was not highlighted as a specific weakness in the report. Option B is the correct answer.

Tags: ICAG, PEFA Assessment, Public Financial Management, Public Sector
Level: Level 2

Topic: Public sector audit

Uploader: Salamat Hamid