Zambia - Public Expenditure Management and Financial Accountability Review : Country Financial Accountability Assessment, Annex, Volume 2
The challenges faced by Zambia in public
expenditure management (PEM) have been longstanding, and
will require targeted efforts, as well as a strong degree of
political will to address. The recently launched
constitutional review, which includes issues of public
finance, the anti-corruption campaign of the new Government,
and the renewed interest by Parliament in governance issues,
and accountability have all been encouraging steps.
Nevertheless, for Zambia to assure that public
accountability is enduring, and not dependent upon the
Government of the day, it must take steps to strengthen
institutions of the State that can provide public oversight,
and that promote basic checks and balances. This report
provides a very detailed analysis of the country's PEM,
and accountability processes. Yet, many of the
recommendations are not new, but have been cited in previous
reports of the Bank, and/or other donors. Effective
implementation of public sector reforms will likely remain a
challenge in Zambia. The limited capacity of Government
suggests the need to target a few major aspects of public
finance, and to address them persistently: improving
compliance with existing regulations; strengthening the
oversight institutions of the State; promoting public access
to information; and, rebuilding information management, and
reporting systems. The report also deals with the second
objective of the Poverty Reduction Strategy Paper (PRSP),
i.e., with ways and methods by which the Government can
ensure efficient, equitable, and transparent management of
public resources. It also focuses on the dimension of
governance, i.e., the effectiveness of government to be able
to provide public services. The specific objectives of the
report are to: (a) provide a comprehensive and integrated
assessment of Zambia's overall fiduciary risk, i.e.,
budget management, financial systems and auditing, and
public procurement; (b) document PEM reforms progress
to-date, and challenges facing Zambia; and, (c) develop a
realistic action plan, outlining short and medium term
remedial measures, which the Government should implement
with donor support.
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Bibliographic Details
| Main Author: |
World Bank |
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| Language: | English
en_US |
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| Published: |
Washington, DC
2003-11
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| Subjects: | ACCOUNTABILITY,
ACCOUNTANTS,
ACCOUNTING,
ACCOUNTING PROCEDURES,
ACCOUNTING RECORDS,
ACCOUNTING SYSTEMS,
ANTI-CORRUPTION,
ANTI-CORRUPTION STRATEGY,
APPROPRIATIONS,
ASSET MANAGEMENT,
AUDIT REPORTS,
AUDITED ACCOUNTS,
AUDITED FINANCIAL STATEMENTS,
AUDITING,
AUDITORS,
AUDITS,
AUTHORITY,
AUTHORIZATION,
AUTONOMY,
BANK ACCOUNTS,
BANK PROCEDURES,
BORROWING,
BUDGET ESTIMATES,
BUDGET EXECUTION,
BUDGET MANAGEMENT,
BUDGET MONITORING,
BUDGET PROCESS,
BUDGETARY FUNDS,
BUDGETING,
CAPITAL EXPENDITURES,
CAPITAL PROJECTS,
CASH MANAGEMENT,
CASH PAYMENTS,
CENTRAL GOVERNMENT,
CIVIL SERVICE,
COMMERCIAL BANKS,
CONSTITUTION,
COST OF CAPITAL,
DEBT MANAGEMENT,
DEMOCRATIC ACCOUNTABILITY,
DISTRICTS,
ELECTRICITY,
EXECUTION,
EXTRA BUDGETARY FUNDS,
FINANCIAL ACCOUNTABILITY,
FINANCIAL INFORMATION,
FINANCIAL MANAGEMENT,
FINANCIAL MANAGEMENT SYSTEMS,
FINANCIAL PERFORMANCE,
FINANCIAL REGULATIONS,
FINANCIAL REPORTING,
FINANCIAL REPORTS,
FINANCIAL RESOURCES,
FINANCIAL RISK,
FISCAL,
FISCAL YEAR,
FOREIGN EXCHANGE,
FORMAL SYSTEM,
GOVERNMENT ACCOUNTING,
GOVERNMENT DEBT,
GOVERNMENT OFFICIALS,
GOVERNMENT SYSTEMS,
GROSS DOMESTIC PRODUCT,
HOUSING,
HUMAN RESOURCES,
INFLATION,
INSTITUTIONAL ARRANGEMENTS,
INSTITUTIONAL FRAMEWORK,
INSTITUTIONAL REFORMS,
INTEREST RATES,
INTERNAL AUDIT,
INTERNAL CONTROLS,
LACK OF TRANSPARENCY,
LEGAL FRAMEWORK,
LEGISLATION,
LEGISLATIVE OVERSIGHT,
LOCAL AUTHORITIES,
LOCAL COUNCILS,
LOCAL GOVERNMENT,
LOCAL GOVERNMENT AUTHORITIES,
LOCAL GOVERNMENTS,
MANAGEMENT INFORMATION SYSTEMS,
MANAGEMENT REPORTS,
MINISTERS,
NATIONAL PLANNING,
OPERATING EXPENDITURES,
PARASTATALS,
PAYROLL,
PENALTIES,
POLITICAL INTERFERENCE,
PRIVATE SECTOR,
PRIVATISATION,
PROCUREMENT,
PROPERTY TAXES,
PROVISIONS,
PUBLIC ADMINISTRATION,
PUBLIC DEBT,
PUBLIC ENTERPRISES,
PUBLIC EXPENDITURE,
PUBLIC EXPENDITURE MANAGEMENT,
PUBLIC FINANCE,
PUBLIC FINANCE MANAGEMENT,
PUBLIC FUNDS,
PUBLIC RESOURCES,
PUBLIC SECTOR,
PUBLIC SECTOR DEFICIT,
PUBLIC SERVICE,
REPRESENTATIVES,
REVENUE CAPACITY,
REVENUE COLLECTION,
SOCIAL SERVICES,
STATE ENTERPRISES,
STATE OWNED ENTERPRISES,
STATE-OWNED ENTERPRISES,
TECHNICAL ASSISTANCE,
TREASURY PUBLIC EXPENDITURES,
CAPACITY CONSTRAINTS,
POLITICAL POWER,
GOVERNANCE APPROACH,
PUBLIC ACCOUNTING,
INSTITUTION BUILDING,
REGULATORY FRAMEWORK,
PRUDENTIAL REGULATIONS,
ACCESS TO INFORMATION,
INFORMATION MANAGEMENT,
REPORTING SYSTEMS,
POVERTY REDUCTION STRATEGIES,
PUBLIC RESOURCES MANAGEMENT,
FINANCIAL SYSTEMS,
AUDITING STANDARDS,
REFORM POLICY,
DONOR FINANCE,
PUBLIC SECTOR MANAGEMENT, |
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| Online Access: | http://documents.worldbank.org/curated/en/2003/11/2808338/zambia-public-expenditure-management-financial-accountability-review-vol-2-3-annex-country-financial-accountability-assessment
https://hdl.handle.net/10986/14656
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