Advanced Public Financial Management Reforms in South East Europe

Author/Editor:

Mia Pavesic-Skerlep ; Eivind Tandberg

Publication Date:

May 1, 2009

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

This paper aims to clarify possible systemic bottlenecks to the introduction of advanced PFM reforms in the SEE countries. It relates key fiscal developments to PFM reform processes over the last 15 years. PFM reform strategies must be realistic, with clear objectives and timetables, and with strong country ownership. Among the advanced reforms, some aspects of medium-term budgeting seems to be somewhat less challenging than performance-oriented budgeting, and it could be rational to make sure that there is solid progress in this area first. When developing performance budgets, countries should consider focusing initial efforts on the areas that are most suitable for performance management, such as education and health.

Series:

Working Paper No. 2009/102

Subject:

Budget planning and preparation Expenditure Medium-term budget frameworks Performance-based budgeting Public financial management (PFM)

English

Publication Date:

May 1, 2009

ISBN/ISSN:

9781451872491/1018-5941

Stock No:

WPIEA2009102

Pages:

33

Please address any questions about this title to publications@imf.org