Investor Presentaiton

PFM Reforms - Results Framework 01 02 03 Revenue mobilization is strengthened to PFM and Disaster Risk Quality of finance services Financing budgeting is improved Improved fairness of taxation policy Forecasting the macro-fiscal impact Strengthening of Top-down budgeting of pandemic Higher non-tax revenue through greater cost recovery, rationalization of rates of licensing/ royalties and transparent sale of assets Taxation policy & administration response Consultative and performance-based budgeting with greater legislative scrutiny Taxpayer facilitation for ease of doing business Managing expenditure for disaster relief Improvement in intergovernmental coordination Reduce fiduciary risks of disaster management funds Disaster risk financing strategy Enhanced transparency of budget Effective monitoring of results 04 H4 BJ 05 06 07 08 09 projects/scheme need based, transparent and equitable fiscal transfer system Budget is executed as planned and fiscal risks are managed better Disciplined and orderly budget execution Reformed development budget systems Planning process is comprehensive i.e. includes sector strategies aligned with overall strategic priorities as the basis of identification of Improved management of funds in local governments Implementation of a Improved legal and regulatory framework Overarching PFM system is defined by a PFM law Capacity enhancement for better PFM Improved systems of PFM trainings IT for effective PFM and revenue mobilization Automation of Key PFM processes Strengthened internal controls Strengthened compliance with planning procedures Strengthened PLGFC Secretariat Comprehensive and consistent set of regulations underpin Improved capacity of stakeholder institutions to Technology enables timely reporting and sound public supports better financial management manage PFM systems management of public finances Effective and proactive fiscal risk management Effective project monitoring systems for management decisions Mobilization of local revenues and focus on incentivized growth Updated budget manual provides a sound basis for management of Strengthening/capa city building of tax departments Automation of payments budget cycle Efficient and transparent procurement management Identification of opportunities and subsequent management of Public Private Partnerships Improved PFM systems at local level Automation of tax systems

View entire presentation