Bhutan Public Financial Management Performance Report : Based on Public Expenditure and Financial Accountability 2016 Framework

World Bank Group

World Bank, Washington, DC

关键词: fiscal trends;    regulation;    budget transparency;    public financial management;    accounting;   

RP-ID  :  110293

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The Royal Government of Bhutan (RGoB)places high priority on good governance, and sound publicfinancial management is one of the key elements of goodgovernance. Over the past decade, Bhutan has been makingsteady progress in strengthening public financial managementcovering budget preparation, budget execution, control,reporting and oversight. There is increased legislativeoversight on budget approval through a Finance Committee andof audit reports through a Public Accounts Committee. As inother countries, the public at large has become moredemanding in terms of transparent and efficient government.The purpose of the assessment of the Public FinancialManagement (PFM) performance of the Royal Government ofBhutan (RGoB) was threefold: (i) to assess the quality(strengths and weaknesses) of PFM in the country againstgenerally accepted international standards; (ii) to assessprogress since the last Public Expenditure and FinancialAccountability (PEFA) assessment in 2010, and (iii) toprovide RGoB and other stakeholders with a common source ofinformation as a basis for further dialogue on PFM reforms.This assessment was carried out under the approach of fullownership by RGoB and self-assessment by its officials, withtechnical support from World Bank and International MonetaryFund (IMF).