Liberia: Public Expenditure and Financial Accountability (PEFA) Assessment

September 18, 2012

Preview Citation

Format: Chicago

Liberia: Public Expenditure and Financial Accountability (PEFA) Assessment, (USA: International Monetary Fund, 2012) accessed September 20, 2024

Summary

At the request of the Government of Liberia (GoL), the IMF Fiscal Affairs Department (FAD) led an external assessment of the central government’s public financial management (PFM) systems based on the Public Expenditure and Financial Accountability (PEFA) methodology. The assessment was undertaken in close collaboration with the Ministry of Finance’s (MoF) PFM Reform Coordination Unit (RCU), with the participation of staff of the African Development Bank and the World Bank, and with financial support from the European Union and Sida. The assessment examines progress since the PEFA assessment of 2007 and provides a renewed baseline for monitoring progress in PFM reform and for supporting the GoL in refining, where necessary, the current PFM reform strategy. The assessment snapshot date was April 23, 2012. The report was reviewed by the GoL, the PEFA Secretariat, a donor reference group, and FAD, the latter being at the same time responsible for quality assurance.

Subject: Budget planning and preparation, Expenditure, Fiscal accounting and reporting, Public financial management (PFM), Revenue administration

Keywords: Annual budget, Budget planning and preparation, Cash position, Central government, Collection ratio, CR, Debt management, Fiscal accounting and reporting, Fiscal year, Global, Internal audit, ISCR, West Africa

Publication Details

Pages:

100
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/273
Stock No:

1LBREA2012004
ISBN:

9781475510645
ISSN:

1934-7685

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