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Armenia Public Financial Management Profile
Introduction This note presents a series of charts which provide an overview of Armenia’s recent public financial management (PFM) performance based on this country’s 2014 Public Expenditure and Financial Accountability (PEFA) assessment. Comparisons are made between Armenia’s performance and the performance of the other twenty-three countries that had PEFA assessments published in 2014-2015. All analyses…
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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…