Public Financial Management

Offering the World a Public Good: A Meeting of Parliamentarians and Donor Agencies regarding Neighboring Country Support for Syrian Refugees

Fueled by intractable and violent conflicts in Iraq, Libya, and Syria, the refugee crisis has made headlines for surging to an unprecedented scale in neighboring Middle East and North African (MENA) countries and, more recently, for reaching the European shores of the Mediterranean Sea.

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Jordan: Developing an Efficient Public Investment Management System

The primary objectives of “Jordan 2025: A National Vision and Strategy” are to address the challenges of increasing living costs, poverty, and unemployment and ensure enhanced prosperity over the next 10 years. Vision 2025 envisions Jordan as an economic gateway to regional markets that takes advantage of free trade agreements signed with several countries.

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Tunisie: Le Budget Participatif: Un pas vers la démocratie locale en Tunisie (expérience de la commune de Sfax)

Le Budget Participatif est défini souvent comme « un processus de démocratie directe à travers lequel les citoyens décident de manière souveraine et indépendante, avec l’accord de la commune, sur une partie du budget et des dépenses de leur commune ».

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Enhancing Public Financial Management in MENA Through the Development of Internal Audit Functions in the Public Sector

Walid Al-Najar

Internal Control Technical Practice (IATP) MENA Co-Leader and Financial Management Specialist.

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Cash versus Accrual Basis Accounting in National Accounting

Michael Schaeffer

Senior Public Sector Specialist

Pierre Messali

Senior Public Sector Specialist

 

This article has benefitted from consultation with Manuel Vargas (Lead Public Sector Specialist MENA).  The Authors also benefitted from reviewing Patrick Mordacq’s “Why Cash IPSAS matters?”  Unpublished Article.

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A tool at the right time for tax reform

Jim Brumby

Director, Governance Global Practice

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Supporting Kuwait’s Capital Projects

In the context of volatile international oil prices, Kuwait more than ever is seeking ways to achieve greater efficiency and improved outcomes for its investment spending.  At the request of the Ministry of Finance, the World Bank conducted a comprehensive review of the Capital Project Implementation Cycle (CPIC).

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“Program and Performance Budgeting” in Egypt: Accounting and Control Considerations

Program and Performance Budgeting (PPB) is a useful tool in enabling the alignment of the national budget with a country’s strategic priorities and policies. Performance and output indicators can measure the extent to which government organizations pursue value-for-money principles. The PPB is particularly significant for meeting the demands of accountability and transparency

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A Snapshot of Public Investment Management in Libya

At 39 percent of gross domestic product (GDP) on average during 2003–05 (and 35 percent in 2008), consolidated public expenditure was among the highest in the world.  This level of public spending exceeded levels recorded in economies in transition in Eastern Europe and Central Asia, as well as in fast-growing Middle East and North African (MENA) countries, such as Algeria and Tunisia.

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Pathways to Fiscal Decentralization: Challenges and Opportunities

Fiscal decentralization is the empowerment of people through the empowerment of their local governments to services. It is about the central government’s passing budgetary authority to elected subnational governments in the form of the power to make taxing and spending decisions.

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