The assessment for the Province of SantaFe was prepared jointly by the Ministry of Finance of theProvince of Santa Fe and the World Bank (WB) on the basis offindings from missions. It seeks to: (i) provide theprovincial government with a reference tool for dialogue andaction to strengthen their public financial managementsystems; (ii) assess the province's PFM systems andidentify and address their main fiduciary issues, as well astheir impact on the implementation of World Bank operations;and (iii) contribute in a broader sense to the dialoguebetween the Bank and Argentina's national andprovincial authorities regarding fiduciary portfoliomanagement and reliance on the country's systems. Theassessment is not a fully fledged PFM performance reportusing all PEFA performance indicators. As agreed with theprovincial government and the World Bank s CountryManagement Unit, the team selected and used 19 PFMperformance indicators (PI 1, PI 4, PI 5-7, PI 9-12, PI16-18, and PI 20-26) to review the status of PFM in theprovince. The report was prepared based on the findings ofthe missions that visited Argentina in the first semester of2009 and refers to the 2006-2008 fiscal years. The reportwas completed in June 2012 and highlights the progress andimprovement in some PFM areas since 2009 whenever providedby the Province (in footnotes wherever appropriate).