- 20 Marks
PSAF – L2 – Q2.3 – Public expenditure and financial accountability framework
Discuss seven PEFA pillars for building a public financial management system in a developing country.
Question
You have been appointed as the consultant to develop a robust public financial management system for a developing country.
Required:
(a) Discuss seven pillars upon which you will build your public financial management system, referencing the PEFA framework.
(b) Explain three outcomes you would expect from the public financial management system you have designed, guided by the PEFA framework.
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