Government of Karnataka Public Financial Management Reform Action Plan, 2014, Volume 1. Main Report

The main report comprises the following chapters: executive summary provides the overall view of the reform action plan. Chapter one outlines the background, scope and methodology for the study; chapter two outlines the overview of the state finances; chapter three describe the accomplishments made against the 2004 agreed PFMA action plan; chapter four provides an overview of the analysis, gaps and recommendations made in the study; chapter five describes the way forward for implementation of the action plan; annex one: PFM reform action plan - 2014 contains a thematic-wise plan outlining the actions to be taken, the responsible department for the actions, and the expected timeframe for completing the actions. The detailed analysis of the issues and the logic for the action plan are provided in the respective sections of the appendix; annex two: 2004 PFMA action plan, outlines the current status of action taken on 2004 PFMA action plan: this contains the action plan as proposed in the 2004 report, updated with the current status of actions in the identified areas. In case where the actions have been taken and completed by the Government of Karnataka, the impact has been documented. The appendix comprises the following sections: section one: theme one: strengthening PFM legal and institutional framework; section two: theme two: enhancing comprehensiveness and credibility of the budget; section three: theme three: strengthening accounting, reporting, controls, and transparency; section four: theme four: improving fiscal assets and liability management system; section five: theme five: strengthening audit and legislative oversight; section six: theme six: improving PFM in local self-governments; section seven: theme six: improving PFM in public sector undertakings (state owned); each section describes the various areas of public financial management in the Government of Karnataka grouped into thematic reform areas. Each reform area has a discussion of the background, the reform actions proposed in the 2004 PFMA action plan, the progress of reforms over the last decade, the issues presently identified, and the rationale for the reform actions proposed; and section eight: 2014 action plan: this section describes the action plan with next steps to be followed under each activity of the action plan.

Bibliographic Details

Main Author:	World Bank
Language:	English en_US
Published:	Washington, DC 2014-05-01
Subjects:	ACCOUNTABILITY, ACCOUNTABILITY FRAMEWORK, ACCOUNTABILITY MECHANISM, ACCOUNTANT, ACCOUNTING, ACCOUNTING SYSTEM, ACCOUNTING TREATMENT, ACCRUAL ACCOUNTING, ACCRUAL ACCOUNTING SYSTEM, ACCRUAL BASIS, AGGREGATE FISCAL, AGGREGATE FISCAL MANAGEMENT, ANNUAL BUDGET, ANNUAL FINANCIAL STATEMENTS, APPROPRIATION, APPROPRIATIONS, ARREARS, ASSET LIABILITY MANAGEMENT, ASSET PORTFOLIO, ASSET-LIABILITY MANAGEMENT, AUDIT FINDINGS, AUDIT SYSTEM, AUDITING, AUDITORS, AUDITS, BANK ACCOUNTS, BANKS, BENEFICIARIES, BUDGET ALLOCATION, BUDGET ALLOCATIONS, BUDGET CIRCULARS, BUDGET CONTROL, BUDGET CREDIBILITY, BUDGET CYCLE, BUDGET DATA, BUDGET DEVELOPMENT, BUDGET DOCUMENTATION, BUDGET DOCUMENTS, BUDGET ENVELOPE, BUDGET ESTIMATES, BUDGET EXECUTION, BUDGET FORMULATION, BUDGET IMPLEMENTATION, BUDGET OUTTURN, BUDGET OUTTURNS, BUDGET PASSAGE, BUDGET PREPARATION, BUDGET PROCESS, BUDGET PROPOSALS, BUDGET REQUIREMENTS, BUDGETARY EXPENDITURE, BUDGETARY PROCESSES, BUDGETING, BUDGETING PROCESS, CAPACITY BUILDING, CAPACITY CONSTRAINTS, CAPACITY ENHANCEMENTS, CAPITAL EXPENDITURE, CAPITAL EXPENDITURES, CAPITAL SPENDING, CASH FLOW, CASH MANAGEMENT, CASH PLANNING, CASH RATIONING, CENTRAL GOVERNMENT, CHART OF ACCOUNTS, CHECKS, CONTINGENT LIABILITIES, CORPORATE GOVERNANCE, CREDIT SYSTEM, DATA COLLECTION, DEBT MANAGEMENT, DEBT SERVICING, DECISION-MAKING, DECISION-MAKING PROCESS, DEPOSIT, DEPOSIT ACCOUNTS, DISBURSEMENTS, DISCLOSURE GUIDELINES, DONOR AGENCIES, EFFECTIVENESS OF SERVICE DELIVERY, EXPENDITURE, EXPENDITURE COMMITMENTS, EXPENDITURE DATA, EXPENDITURE MANAGEMENT, EXPENDITURE REQUIREMENTS, EXPENDITURES, EXTERNAL AUDIT, FIDUCIARY RESPONSIBILITIES, FINANCE STAFF, FINANCIAL ACCOUNTABILITY, FINANCIAL ASSETS, FINANCIAL INFORMATION, FINANCIAL MANAGEMENT INFORMATION, FINANCIAL MANAGEMENT INFORMATION SYSTEM, FINANCIAL STATEMENTS, FISCAL CONSOLIDATION, FISCAL CONSTRAINTS, FISCAL DEFICIT, FISCAL DEFICITS, FISCAL DISCIPLINE, FISCAL INFORMATION, FISCAL MANAGEMENT, FISCAL POLICY, FISCAL POLICY FRAMEWORK, FISCAL POSITION, FISCAL REFORMS, FISCAL RISKS, FISCAL RULES, FISCAL SUSTAINABILITY, FISCAL TARGETS, FISCAL TRANSPARENCY, GOVERNMENT FINANCES, GOVERNMENT GUARANTEE, GOVERNMENT SPENDING, GROSS PUBLIC DEBT, HUMAN RESOURCE, HUMAN RESOURCE MANAGEMENT, INDEPENDENT AUDITOR, INFORMATION SYSTEMS, INSTRUMENT, INTEREST COSTS, INTERNAL AUDIT, INTERNAL AUDIT FUNCTION, INTERNAL CONTROL, INTERNAL CONTROLS, LEGAL FRAMEWORK, LEGISLATION, LEGISLATIVE REVIEW OF BUDGET EXECUTION, LEGISLATIVE SCRUTINY, LETTER OF CREDIT, LIABILITY, LIABILITY MANAGEMENT, LOCAL GOVERNMENT, LOCAL GOVERNMENTS, LOCAL SELF GOVERNMENTS, MANDATES, MEDIUM-TERM EXPENDITURE, MEDIUM-TERM FISCAL PLAN, MIGRATION, MISAPPROPRIATION, MODEL CODE, NATURAL DISASTERS, ORGANIZATIONAL STRUCTURE, OWN SOURCE REVENUE, PAYMENT SYSTEM, PAYMENT SYSTEMS, PENSION, PENSIONS, PERFORMANCE ORIENTATION, PERIODIC REVIEW, PORTFOLIO, PROCUREMENT FUNCTION, PRUDENT FISCAL MANAGEMENT, PUBLIC ACCOUNT, PUBLIC ACCOUNTS, PUBLIC COMPANIES, PUBLIC ENTERPRISES, PUBLIC EXPENDITURE, PUBLIC EXPENDITURE REVIEW, PUBLIC FINANCIAL MANAGEMENT, PUBLIC FINANCIAL MANAGEMENT SYSTEM, PUBLIC FUNDING, PUBLIC FUNDS, PUBLIC INVESTMENT, PUBLIC INVESTMENT SPENDING, PUBLIC PROCUREMENT, PUBLIC SECTOR, PUBLIC SECTOR ENTITIES, PUBLIC WORKS, REFORM ACTIONS, REFORM AGENDA, REFORM OBJECTIVES, REFORM PROCESS, REFORM STRATEGY, REPAYMENT, RESERVE, RESERVE FUNDS, RESOURCE MANAGEMENT, RETURNS, REVENUE EXPENDITURES, REVENUE FORECASTING, SAVINGS, SERVICE DELIVERY, STATE BUDGET, STATE GOVERNMENT, STATE TREASURY, STOCKS, SUPREME AUDIT INSTITUTION, TAX, TAX REVENUE, TAX REVENUES, TAX STRUCTURE, TECHNICAL ASSISTANCE, TIMELY PAYMENT, TOTAL EXPENDITURE, TRANSACTION, TRANSPARENCY, TREASURIES, TREASURY BILL, TREASURY FUNCTION, TREASURY MANAGEMENT, TREASURY SYSTEM, TREASURY SYSTEMS, URBAN DEVELOPMENT,
Online Access:	http://documents.worldbank.org/curated/en/2014/05/19761940/government-karnataka-public-financial-management-reform-action-plan-2014-vol-1-2-main-report https://hdl.handle.net/10986/20036
Tags:	Add Tag No Tags, Be the first to tag this record!