Category: Country PFM Updates
This section provides recent country-level public financial management (PFM) updates, including IMF Article IV reports and related analysis.
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IMF Article IV reports SIDS countries D-H
The most recently published IMF Article IV reports for small island developing states (SIDS) beginning with the letters D to H as at 4 January 2024 are listed below. The reports can be accessed by clicking on to the respective countries. Dominica Dominican Republic Fiji Grenada Guinea-Bissau Guyana Haiti Other SIDS Article IV reports Click…
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IMF Article IV reports SIDS countries A-C
The most recently published IMF Article IV reports for small island developing states (SIDS) beginning with the letters A to C as at 4 January 2024 are listed below. The reports can be accessed by clicking on to the respective countries. Antigua and Barbuda Aruba The Bahamas Barbados Belize Cabo Verde Comoros Curacao Other SIDS…
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Trend in Papua New Guinea’s public financial management
SlideShare presentation We have prepared a SlideShare presentation that discusses the desperate state of Papua New Guinea’s public financial management (PFM). The presentation highlights a deteriorating trend in the country’s PFM over recent years and its very poor recent performance compared with most other countries based on Public Expenditure and Financial Accountability (PEFA) assessment methodology.…
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Papua New Guinea’s poor and deteriorating financial management: can it be turned around?
By David Fellows and John Leonardo[1] Background on Papua New Guinea (PNG) Papua New Guinea (PNG) is a lower-middle-income economy heavily dependent upon commodity exports. It has an extremely diverse social structure with fierce clan loyalties, characteristics that provide severe challenges to the effective working of government that have not yet been successfully addressed.[2] [3]The…