Paraguay : Integrated Fiduciary Assessment

This Integrated Fiduciary Assessment (IFA) for Paraguay is an exercise in which the Government convened its development partners, including the World Bank (WB), Inter-American Development Bank (IDB), and the European Commission (EC) in a consultative process designed to establish an agenda on Public Financial Management (PFM) and Procurement (PR), and other related governance aspects. It is expected that this process will contribute to: i) identify key PFM & PR strengths and weaknesses of the central government of Paraguay, including those related to the management and implementation of the foreign financed (through grants and loans) public investment programs; and ii) prepare an action plan to guide future efforts in PFM and PR for all central government spending. Paraguay has made important progress in a number of governance areas in recent years. The World Bank Institute (WBI) governance indicators show some progress during the last decade. It is also seen that public services are being delivered more effectively, including in what attains to PFM and PR. Nevertheless, important challenges still remain, particularly in the area of curving down corruption. Paraguay ranked 111 out of 163 countries in transparency international's 2006 survey. The purpose of the IFA is to assess PFM and PR performance in Paraguay. It acknowledges the governance context and the corruption in particular, which affects both the PFM and PR but does not analyze them per se.

Bibliographic Details

Main Author:	World Bank
Format:	Integrated Fiduciary Assessment biblioteca
Language:	English
Published:	Washington, DC 2008-04
Subjects:	ACCOUNTING SYSTEM, ACCRUAL BASIS, AGGREGATE EXPENDITURE, AGGREGATE REVENUE, ANNUAL BUDGET, ANNUAL REPORTS, ARTICLE, ASSET MANAGEMENT, AUDIT SYSTEM, AUDITOR GENERAL, AUDITORS, AUTHORITY, AUTHORIZATION, BUDGET ALLOCATION, BUDGET ALLOCATION PROCESS, BUDGET CLASSIFICATION, BUDGET CLASSIFICATION SYSTEM, BUDGET COMPREHENSIVENESS, BUDGET CONTROL, BUDGET COVERS, BUDGET CREDIBILITY, BUDGET DOCUMENTATION, BUDGET EXECUTION, BUDGET EXPENDITURE, BUDGET EXPENDITURES, BUDGET FORMULATION, BUDGET INFORMATION, BUDGET INSTITUTIONS, BUDGET LAW, BUDGET PLANNING, BUDGET PROCESS, BUDGET PROPOSAL, BUDGET REPORTING, BUREAUCRACY, CAPITAL EXPENDITURES, CAPITAL SPENDING, CASH FLOWS, CASH MANAGEMENT, CASH PLANNING, CASH RATIONING, CENTRAL BANK, CENTRAL GOVERNMENT, CENTRAL GOVERNMENT BUDGET, CENTRAL GOVERNMENT SPENDING, CIVIL SERVANTS, CIVIL SERVICE, CIVIL SOCIETY MONITORING, COMPETITIVE PROCESS, COMPTROLLER GENERAL, CONGRESSIONAL APPROVAL, CONSENSUS, CONSTITUTION, CONTINGENT LIABILITIES, CORRUPTION, CORRUPTION INDICATOR, COUNTRY PROCUREMENT, COUNTRY PROCUREMENT ASSESSMENT, DEBT, DEBT MANAGEMENT, DEBT SERVICE, DEBT SERVICE PAYMENTS, DEBT SERVICING, DEBT SUSTAINABILITY, DECISION-MAKING, DECREE, DOMESTIC REVENUE, DONOR FUNDS, ECONOMIC CONDITIONS, ECONOMIC GROWTH, EXPENDITURE, EXPENDITURE ALLOCATIONS, EXPENDITURE CATEGORIES, EXPENDITURE CLASSIFICATION, EXPENDITURE LEVELS, EXPENDITURE OBLIGATIONS, EXPENDITURES, EXTERNAL AUDIT, EXTERNAL DEBT, EXTERNAL FINANCING, FIDUCIARY ASSESSMENT, FINANCIAL ACCOUNTABILITY, FINANCIAL ACTIVITIES, FINANCIAL ADMINISTRATION, FINANCIAL INFORMATION, FINANCIAL INSTITUTIONS, FINANCIAL MANAGEMENT, FINANCIAL MANAGEMENT SYSTEM, FINANCIAL PLAN, FINANCIAL REPORTS, FINANCIAL SECTOR, FINANCIAL STATEMENTS, FINANCIAL SUPPORT, FISCAL DISCIPLINE, FISCAL OBJECTIVES, FISCAL POLICY, FISCAL PRACTICES, FISCAL PROGRAM, FISCAL REVENUES, FISCAL RISKS, FISCAL SOUNDNESS, FISCAL TRANSPARENCY, GOVERNANCE INDICATORS, GOVERNMENT EFFORTS, GOVERNMENT FINANCE, GOVERNMENT FINANCE STATISTICS, HUMAN RESOURCES, INFLATION, INSTITUTIONAL ARRANGEMENTS, INSTITUTIONAL CAPACITY, INSTITUTIONAL FRAMEWORK, INTERGOVERNMENTAL TRANSFERS, INTERNAL AUDIT, INTERNAL AUDIT FINDINGS, INTERNAL AUDIT FUNCTION, INTERNAL CONTROL, INVESTMENT BUDGET, INVESTMENT CLIMATE, INVESTMENT EXPENDITURES, JUDICIARY, LEGAL FRAMEWORK, LEGISLATION, LEGISLATURE, MACROECONOMIC VARIABLES, MEDIUM-TERM PLANNING, MONETARY POLICY, MULTIYEAR PERSPECTIVE, MULTIYEAR PROJECTIONS, MUNICIPAL AGENCIES, MUNICIPAL MANAGEMENT, MUNICIPALITIES, NATIONAL STATE, NATIONS, OIL,
Online Access:	http://documents.worldbank.org/curated/en/2008/04/9604263/paraguay-integrated-fiduciary-assessment http://hdl.handle.net/10986/8112
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