Province of Santa Fe, Republic of Argentina : Public Financial Management Assessment

Abstract

The assessment for the Province of Santa
 Fe was prepared jointly by the Ministry of Finance of the
 Province of Santa Fe and the World Bank (WB) on the basis of
 findings from missions. It seeks to: (i) provide the
 provincial government with a reference tool for dialogue and
 action to strengthen their public financial management
 systems; (ii) assess the province's PFM systems and
 identify and address their main fiduciary issues, as well as
 their impact on the implementation of World Bank operations;
 and (iii) contribute in a broader sense to the dialogue
 between the Bank and Argentina's national and
 provincial authorities regarding fiduciary portfolio
 management and reliance on the country's systems. The
 assessment is not a fully fledged PFM performance report
 using all PEFA performance indicators. As agreed with the
 provincial government and the World Bank s Country
 Management Unit, the team selected and used 19 PFM
 performance indicators (PI 1, PI 4, PI 5-7, PI 9-12, PI
 16-18, and PI 20-26) to review the status of PFM in the
 province. The report was prepared based on the findings of
 the missions that visited Argentina in the first semester of
 2009 and refers to the 2006-2008 fiscal years. The report
 was completed in June 2012 and highlights the progress and
 improvement in some PFM areas since 2009 whenever provided
 by the Province (in footnotes wherever appropriate).