India - Himachal Pradesh Public Financial Management Accountability Assessment

The objective of this indicator-led analysis is to provide an integrated assessment of the Public Financial Management (PFM) system of the Government of Himachal Pradesh (GoHP). The analysis draws on the International Monetary Fund fiscal transparency code and other international standards. The analysis proposes to measure and benchmark PFM performance of the state across a wide range of developments over time. The findings are expected to contribute towards strengthening and implementation of the state's PFM reform strategy and in defining priorities and may serve as a baseline against which progress on PFM performance can be measured over time. The thirty-one indicators for the state's PFM system focus on the basic qualities of a PFM system, linking to existing good international practices. Assessments are classified as A (excellent), B (good), C (opportunities for some improvement), and D (in need of improvement in some areas). The indicators cover: 1) the results of the PFM system in terms of actual expenditures and revenues by comparing them to the original approved budget, as well as the level of and changes in expenditure arrears; 2) transparency and comprehensiveness of the PFM system; 3) the performance of the key systems, processes and institutions in the budget cycle; and 4) the elements of donor practices which impact the performance of the PFM system.

Bibliographic Details

Main Author:	World Bank
Format:	Integrated Fiduciary Assessment biblioteca
Language:	English
Published:	World Bank 2009-06-01
Subjects:	ABSOLUTE AMOUNT, ACCESS TO INFORMATION, ACCESS TO SERVICES, ACCOUNTANT, ACCOUNTING, ACCOUNTING STANDARDS, ACCRUAL ACCOUNTING, ADMINISTRATIVE REFORMS, ADMINISTRATIVE SUPPORT, AGGREGATE FISCAL DISCIPLINE, APPROPRIATIONS, ARREARS, AUDITED FINANCIAL STATEMENTS, AUDITS, BANK ACCOUNTS, BANK LENDING, BEST PRACTICE, BOOKLET, BORROWING, BUDGET EXECUTION, BUDGET FORMULATION, BUDGET IMPLICATIONS, BUDGET MANAGEMENT, BUDGET PROCESS, BUDGETARY ALLOCATION, BUDGETARY IMPACT, BUDGETING, CALCULATION, CAPITAL OUTLAY, CASH BALANCES, CENTRAL TAXES, CHECKS, CHILD MORTALITY RATES, CONSUMER, CONSUMER EXPENDITURE, CONTINGENCY, CONTINGENT LIABILITIES, CONTRACT AWARDS, CONTRIBUTION, CONTRIBUTIONS, CREDIBILITY, CREDIT PROGRAM, CREDIT SYSTEM, CREDITOR, DEBT, DEBT OBLIGATIONS, DEBT SERVICE, DEBT SERVICE PAYMENTS, DEBT SERVICING, DEBT STOCK, DEBT SUSTAINABILITY, DEFAULTS, DEFICIT FINANCING, DEFICITS, DELIVERY COSTS, DEPENDENT, DEPRECIATION, DEVELOPMENT ASSISTANCE, DISBURSEMENT, DIVERSIFICATION, ECONOMIC ASSUMPTIONS, ECONOMIC DEVELOPMENT, ECONOMIC GROWTH, ECONOMIC SITUATION, ECONOMIC SUCCESS, ELECTRICITY, EMPLOYEE, ENROLLMENT, EQUITY INVESTMENT, EXCHANGE RATE, EXPENDITURE, EXPENDITURES, FAMILY HEALTH, FINANCES, FINANCIAL ACCOUNTABILITY, FINANCIAL ASSETS, FINANCIAL INFORMATION, FINANCIAL MANAGEMENT, FINANCIAL MANAGEMENT SPECIALIST, FINANCIAL POSITION, FINANCIAL STATEMENTS, FINANCING REQUIREMENT, FISCAL DEFICIT, FISCAL DISCIPLINE, FISCAL INFORMATION, FISCAL MANAGEMENT, FISCAL PLANS, FISCAL POLICY, FISCAL POSITION, FISCAL POSITIONS, FISCAL REPORTING, FISCAL RESPONSIBILITY, FISCAL SURPLUS, FISCAL TRANSPARENCY, FIXED BUDGET, GENDER, GENDER EQUALITY, GENDER GAPS, GOVERNANCE STRUCTURE, GOVERNMENT BUDGETS, GOVERNMENT FUNDING, GOVERNMENT POLICIES, GROWTH PLAN, HOUSEHOLDS, HOUSING, HUMAN DEVELOPMENT, INCOME, INFLATION, INSTITUTIONAL ARRANGEMENTS, INSTITUTIONAL FRAMEWORK, INSTRUMENT, INTEREST EXPENDITURE, INTEREST EXPENDITURES, INTERNAL AUDIT, INTERNATIONAL STANDARDS, INVESTMENT HORIZON, INVESTMENT PROPOSALS, JURISDICTION, KEY CHALLENGE, LENDERS, LIABILITY, LIQUIDATION, LOAN, LOCAL GOVERNMENT, LONG-TERM LIABILITIES, LUMP SUM, MANDATES, MONETARY FUND, MUNICIPALITIES, PENALTIES, PENSION, PENSIONS, PERFORMANCE MEASUREMENT, PREPAYMENT, PRIMARY EDUCATION, PRIVATE SECTOR, PROCUREMENT, PROCUREMENT PROCEDURES, PROVISIONING, PROVISIONS, PUBLIC, PUBLIC ENTERPRISES, PUBLIC EXPENDITURE, PUBLIC EXPENDITURES, PUBLIC FUNDS, PUBLIC PROCUREMENT, PUBLIC SECTOR, PUBLIC SECTOR ACCOUNTING, PUBLIC SERVICE, PUBLIC SERVICE DELIVERY, PUBLIC WORKS, QUESTIONNAIRE, RECEIPT, RECEIPTS, RECURRENT EXPENDITURE, RECURRENT EXPENDITURES, REFORM PROGRAMS, RESERVE, RESERVE BANK, RESOURCE ALLOCATION, RESPONSIBILITIES, RESTORATION, RETIRED, RETIREMENT, RETIREMENT BENEFITS, REVENUE COLLECTION, RISK ASSESSMENT, RISK ASSESSMENT PROCESS, SALARIES, SALARY, SALE, SENIOR, SOCIAL JUSTICE, SOCIAL SECURITY, SOCIAL SERVICES, STAKEHOLDERS, STATE OWNED ENTERPRISES, SWAPS, TAX, TAX ASSESSMENT, TAX COLLECTIONS, TAX EXEMPTIONS, TAX REVENUES, TAXATION, TRANCHES, TRANSPARENCY, TRANSPARENCY CODE, TREASURIES, TREASURY, TREASURY BILLS, UNION, UNPAID BILLS, URBAN DEVELOPMENT, VALUABLE, VILLAGE, WAGE,
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000334955_20090703015158 http://hdl.handle.net/10986/3060
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