Republic of Honduras : Tegucigalpa Municipality PEFA
This Public Expenditure and Financial Accountability (PEFA) assessment of the public finance management (PFM) systems of the Municipality of the Central District of Honduras (AMDC) was prepared by a World Bank team, working closely together with th...
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| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2013/06/18031433/honduras-tegucigalpa-municipality-public-expenditure-financial-accountability-or-pefa-sub-national-municipality-central-district-amdc http://hdl.handle.net/10986/16033 |
| Summary: | This Public Expenditure and Financial
Accountability (PEFA) assessment of the public finance
management (PFM) systems of the Municipality of the Central
District of Honduras (AMDC) was prepared by a World Bank
team, working closely together with the AMDC. The study is
based on the Public Financial Management Performance
Measurement Framework developed by the PEFA program. It
incorporates the set of 28 indicators and 69 dimensions
covering the entire budget cycle, drawing on international
good practices for: (i) budget credibility; (ii)
comprehensiveness and transparency; (iii) budget planning;
(iv) predictability and control in budget execution; (v)
accounting and reporting; and (vi) external scrutiny and
audit. This assessment analyzes the performance of the
Municipality of the AMDC PFM systems in terms of 28 high
level performance indicators (PI) grouped into six core
dimensions. International best practice standards are used
as benchmarks for evaluating performance. The assessment
provides a baseline against which PFM system performance can
be assessed in future years; improved performance is
reflected in higher ratings for the PIs. The PEFA assessment
also may be used to help determine whether PFM reform
strategies and action plans need to be adjusted. |
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