Zambia: Technical Assistance Report—Towards an Integrated Legal Framework for Public Financial Management

IMF Staff Country Reports, September 3, 2015

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Canonical URL: Zambia: Technical Assistance Report—Towards an Integrated Legal Framework for Public Financial Management

Proposes a roadmap for completing the process of drafting and adopting an Integrated Legal Framework for Public Financial Management (PFM) in Zambia.
Identifies that the legal framework for PFM in Zambia is fragmented and much of it is outdated.
Notes the government has prioritized a revision of the existing legal framework for PFM and national development planning.
States that the revision will permit a range of important PFM reforms that are ongoing or planned to be incorporated within the legal framework.
States that an updated legal framework would also permit other important improvements in current practices to be incorporated.

The PFM legal framework in Zambia is fragmented.
Much of the existing PFM legal framework is outdated.
There are ongoing or planned PFM reforms that require incorporation into a consolidated legal framework.
Revising the legal framework is a government priority and would enable wider improvements in practice.

Adopt an Integrated Legal Framework for PFM to consolidate fragmented and outdated laws.
Ensure the revised framework incorporates ongoing and planned PFM reforms.
Use the updated legal framework to institutionalize improvements in current PFM practices, including planning, budgeting, and execution processes.

Africa, annual budget, Budget execution and treasury management, Budget planning and preparation, cash management, central government, CR, financial year, fiscal strategy statement, government budget, government list, government payment, government policy, ISCR, Legal support in revenue administration, MoF officer, oversight role, PFM legal and regulatory frameworks, public finance, sanctions regime, terms and conditions