Budget support

The economics, public finance and budget support topic page covers issues such as macroeconomic stability, fiscal policy, economic growth, public debt, public finance management (including procurement), financial accountability as well as their practical implications for development programmes, in particular budget support operations but also technical cooperation projects.

Sub-Topics:

Budget Support Indicators - Budget support methodology - Credibility analysis - Macroeconomic analysis - PEFA - Public Finance Analysis

Demand-Driven Planning Produces Harmonised Donor Support

Capacity4dev Team updated the Article | 15 April 2013

A European Commission programme of budget support in Paraguay has enabled the government to address weaknesses within the country’s financial administration systems, according to Sergio Forte, Deputy Minister of Finance.

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A Tale of Two Crises

Capacity4dev Team updated the Article | 15 April 2013

The worst of the global financial crisis may have passed, but could a sovereign debt crisis follow in its wake? This tale of two crises is still to play out, according to the World Bank’s Carlos Braga.

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Containing the Fall-out of the Global Financial Crisis in Developing Countries

Capacity4dev Team updated the Article | 15 April 2013

The darkest days of the global financial crisis are fading away to reveal green shoots of economic growth in much of the developed world. But in developing nations the effects of the downturn are still being felt and could get worse, say some experts who want to see more decisive action from donors.

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The Role of Consultants in Public Finance Management Reform

Capacity4dev Team updated the Article | 15 April 2013

To whom is a private sector consultant accountable, the donor paying their bill or the country to which they are providing technical assistance? Private sector consultants are widely used in managing and implementing Public Finance Management reform, yet questions of accountability, and consultants...

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Navigating the Public Finance Management Reform Literature

Capacity4dev Team updated the Article | 15 April 2013

There's a host of literature available on Public Finance Management (PFM) Reform. To better navigate what's available, the UK's Department for International Development has commissioned this Review of PFM Reform Literature.

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The Challenge of Reforming Budgetary Institutions in Developing Countries

Capacity4dev Team updated the Article | 15 April 2013

In this recent provocative paper, "The Challenge of Reforming Budgetary Institutions in Developing Countries", author Richard Allen bridges an important gap in the existing literature on Public Expenditure Management, offering a thought provoking yet practical guide to help countries...

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Strengthening Public Expenditure Management in Developing Countries

Capacity4dev Team updated the Article | 15 April 2013

Many efforts to strengthen and modernise Public Expenditure Management in developing countries risk joining a long-line of failures. But, in a new paper, expert Daniel Tommasi explains how proper PEM design and phased implementation can yield positive results. In his paper, "Strengthening...

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More information on the Public Expenditure and Financial Accountability Framework (PEFA)

Capacity4dev Team posted Information | 10 April 2013

Following the publication of a Voices&Views on PEFA , please find below some additional videos for those who are seeking more information. In Bolivia, PEFA was initiated to great success with the clear purpose of diversifying the sources of finance and reducing transaction costs during public...

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Group: Economics, public finance, domestic revenue mobilisation & budget support
Explaining the New Guidelines for Budget Support

Capacity4dev Team updated the Article | 10 April 2013

Budget Support comprises around 20% of the European Union’s aid to partner countries, with 125 ongoing operations in more than 80 countries. New Guidelines provide improved levels of safety and transparency in its application.

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Latin American Countries Praise PEFA

Capacity4dev Team updated the Article | 5 April 2013

The Public Expenditure and Financial Accountability Framework (PEFA) has been praised as a useful tool to underpin Public Finance Management (PFM) reforms by representatives of Latin American countries at a recent seminar in Brussels.

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