Public financial management Archives

Local Fiscal Transformation in East Africa

August 3, 2025 Jacqueline Muthura

Introduction Over the past decade, public financial management (PFM) reform has emerged as a cornerstone of fiscal modernization efforts across East Africa. From Kenya’s digital procurement platforms to Somalia’s adoption of international accounting standards, the […]

Multi-level governance and subnational finance in Asia and the Pacific

December 7, 2023 Limabenla Jamir

In a comprehensive report titled “Multi-level Governance and Subnational Finance in Asia and the Pacific,” the OECD Centre for Entrepreneurship, SMEs, Regions and Cities (CFE) delves into a detailed regional analysis. This study is based […]

Practical insights into contemporary financial management

December 3, 2023 Marina Jandrevska

Financial management as a scholarly field has been rapidly changing in the last few decades. This paradigm shift has been fueled by a number of factors, including the unprecedented development of ICT technology, globalization, man-made […]

Strengthening subnational fiscal management in Latin America

August 13, 2023 LPS Alliance

Latin America and the Caribbean are among the most decentralized global regions in the world. The nature and extent of (fiscal) decentralization in the region was recently established in the Outlook of Fiscal Relations among […]

Towards a comprehensive understanding of Multi-Level Governance Public Sector Revenues and Expenditures

February 17, 2022 LPS Alliance

Global development does not take place within the walls of international development organizations. Nor does development take place within the walls of the central government ministries that are typically the main counterparts of international development […]

Benin: Improving Local Health Outcomes with Participatory Budgeting

October 17, 2021 Tianyu Chen

Public Financial Management (PFM) plays a critical role in policy-making and public service delivery. Participatory Budgeting (PB) is a PFM tool that offers an opportunity for citizens and the civil society to engage in the […]

Strengthening the links between PFM and service delivery in sectors

September 5, 2021 LPS Alliance

Around the world, there are major failings in the provision of core public services. PFM is expected to play a crucial role in the implementation of national and sectoral policies and ensuring more effective and […]

PEFA: Revised guidance for subnational PEFA assessments to be piloted

October 20, 2020 LPS Alliance

The Public Expenditure and Financial Accountability (PEFA) program was initiated in 2001 by seven international development partners to harmonize the assessment of public financial management (PFM) systems across the partner organizations. Since 2001, the PEFA […]

PEFA: Guidance for Subnational Government PEFA Assessments

January 30, 2020 LPS Alliance

The PEFA Steering Committee decided on June 2019 to revise the guidance for subnational government (SNG) PEFA assessments to better reflect SNG typologies and intergovernmental fiscal relations systems in each country. The revised guidance proposes […]