Maldives: Public Financial Management: Performance Report

May 3, 2010

Preview Citation

Format: Chicago

Maldives: Public Financial Management: Performance Report, (USA: International Monetary Fund, 2010) accessed September 20, 2024

Summary

This paper focuses on the Public Financial Management—Performance Report for the Maldives. In line with the Public Expenditure and Financial Accountability (PEFA) methodology, the assessment focuses on the fiscal performance during 2005–08, and the institutions and procedures that were in place during this period. The assessment indicates that budget credibility of Maldives is weak. When corrected for concessional, external financing, aggregate expenditure estimates are reasonably accurate. However, there are significant variations in the allocation of expenditures by ministry, and actual revenues fell well below estimates in each year except 2006.

Subject: Auditing, Budget planning and preparation, Expenditure, Financial statements, Fiscal accounting and reporting, PFM legal and regulatory frameworks, Public financial management (PFM)

Keywords: Accounts payable, Auditing, Budget, Budget expenditure, Budget planning and preparation, Budget proposal, Central government, CR, End of the month, Fiscal accounting and reporting, Global, ISCR, Minister of finance, PAS project, PAS system, PFM legal and regulatory frameworks, Public finance, The PAS

Publication Details

Pages:

67
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/137
Stock No:

1MDVEA2010002
ISBN:

9781455207336
ISSN:

1934-7685

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