Maldives : Public Financial Management: Performance Report.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2010/137

IMF Staff Country Reports

Language:

English

Subjects (All):

International Monetary Fund.

Finance, Public--Maldives--Management.

Finance, Public.

Financial policy--Maldives.

Financial policy.

Maldives--Economic conditions.

Maldives.

Physical Description:

1 online resource (68 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2010.

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.

Contents:

Cover; Contents; Abbreviations; Preface; Summary Assessment; I. Introduction; II. Country Background Information; A. Country Economic Situation; B. Budgetary Outcomes; Tables; 1. Central Government Budget; C. Legal and Institutional Framework for PFM; 2. Functional Classification of Budget Expenditures; 3. Economic Classification of Budget Expenditures; III. Assessment of PFM Systems, Processes, and Institutions; A. Budget Credibility; B. Comprehensiveness and Transparency; 4. Comprehensiveness of Budget Documentation; C. Policy-based Budgeting; 5. Access to Fiscal Information

D. Predictability and Control in Budget Execution6. Main Revenues (2006-08); E. Accounting, Recording, and Reporting; F. External Scrutiny and Audit; G. Donor Practices; IV. Government Reform Process; Boxes; 1.The PAS Project; Annexes; I. PFM-PR Summary Table; II. Background Documents and Previous Analytical Work; III. Aggregate Central Government Expenditure Out-turn Compared to Original Approved Budget; 7. Fiscal Years for Assessment; 8. Data for 2005; IV. Calculation Sheet for PFM Performance Indicator PI-2; 9. Data for 2006; 10. Data for 2007; 11. Results Matrix

V. Domestic Revenue: Projections and Actuals, 2005-07

Notes:

Description based upon print version of record.

Description based on print version record.

ISBN:

9786612848087

9781462365500

1462365507

9781452774893

1452774897

9781282848085

1282848089

9781455207336

1455207330

OCLC:

870597507