Pakistan - Public Expenditure and Financial Accountability Assessment of Federal Government

Abstract

This Public Expenditure and Financial
 Accountability (PEFA) Assessment applies the PEFA framework
 and methodology to provide a snapshot of the current status
 of the federal government's public financial management
 (PFM) system. The report makes no recommendations on policy
 matters it is specifically concerned with the status of the
 PFM system and issues relating to financial management
 processes. It does suggest weaknesses and strengths as well
 as possible priority areas to take advantage of strengths or
 to address higher-risk weaknesses. It makes no
 recommendations, however, on specific measures or action
 plans. The report provides a basis for these matters to be
 taken up subsequently, but, consistently with the PEFA
 framework, they should be subject to a separate discussion
 during the formulation of a government-led PFM reform
 agenda. The structure of the PFM performance report is as
 follows: chapter two gives background information and the
 country economic, fiscal, and institutional context. Chapter
 three provides details on each performance indicator (PI)
 score. Chapter four summarizes the government's ongoing
 PFM reform programs. Annex one gives a summary of the PEFA
 assessment; annex two provides sources of information,
 including a list of documents reviewed and officials
 consulted; and annex three shows key organizational elements
 of Pakistan's PFM structure.