Pfm reform and_donor_funding_in_post-conflict-fisc

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Presentation by Steven Symansky, formerly with the IMF on Public Financial Management good practices in fragile states

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Pfm reform and_donor_funding_in_post-conflict-fisc

  1. 1. PFM Reform and Donor Funding in Fragile Countries: Recommendations Derived From Personal Observations Presentation Developed for FISC Conference By Steven Symansky
  2. 2. Overview <ul><li>Background </li></ul><ul><ul><li>How is this paper different? </li></ul></ul><ul><ul><li>What is different about post-conflict countries? </li></ul></ul><ul><li>Recommendations </li></ul><ul><ul><li>12 of them – will focus primarily on those related to GFMIS </li></ul></ul><ul><ul><ul><li>The Importance of a computerized GFMIS in post-conflict or fragile states </li></ul></ul></ul><ul><ul><li>Some are post–conflict specific </li></ul></ul><ul><ul><li>Others are just good PFM principles </li></ul></ul>
  3. 3. <ul><li>My background </li></ul><ul><li>Paper derived from personal experience in 5 post-conflict countries </li></ul><ul><li>Mostly inaugural mission to establish fiscal management – develop a MoF </li></ul>Overview Background
  4. 4. What is different about PC and Fragile countries? <ul><li>Missing or weak human/physical capital </li></ul><ul><li>Massive foreign influx of “ experts ” and funds </li></ul><ul><li>Limited source of domestic revenue </li></ul><ul><li>Emphasis on stability/security and not development </li></ul>
  5. 5. While the paper proposes recommendations… <ul><li>No one size fits all – but no harm in borrowing what works elsewhere </li></ul><ul><li>Best is the enemy of the good </li></ul>
  6. 6. Lessons/Recommendations <ul><li>General PFM </li></ul><ul><li>Use existing structures, including the legal framework whenever possible </li></ul><ul><li>Budget execution is more critical than budget preparation – computerization can help </li></ul><ul><ul><li>An aside on Freebalance </li></ul></ul><ul><li>Transparency enhanced and corruption opportunities reduced if strong focus on budget execution </li></ul>
  7. 7. Lessons/Recommendations (cont) <ul><li>Donor/TA Issues </li></ul><ul><li>Donors should use trust funds and rely on government systems </li></ul><ul><li>Donors should report to government using the government ’ s chart of accounts </li></ul><ul><ul><li>Challenge is to incorporate into government reporting when expenditures do not go through system </li></ul></ul><ul><li>Donor coordination in TA is important </li></ul><ul><li>International experts may take on line or near- line positions but need to be qualified </li></ul><ul><li>Avoid pushing higher level reforms until the basics are in place </li></ul>
  8. 8. Lessons/Recommendations (cont) <ul><li>General Points </li></ul><ul><li>Political buy-in of PFM systems can help, but successful implementation can produce political support </li></ul><ul><li>Avoid overly centralized control and micro managing </li></ul><ul><li>Work within the existing civil service structure </li></ul><ul><li>Keep revenue policy simple and practical and donors should be taxpayers </li></ul>

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