New PEFA 2016
On 1 February 2016 the PEFA Partners announced the release of the PEFA 2016 framework for assessing public financial management performance.
PEFA 2016 is a substantial upgrade from the previous version of PEFA, it reflects the changing landscape of PFM reforms and the evolution of good practices over the last decade. It builds on the foundations of the 2005 and 2011 versions through the addition of four new indicators, the expansion and refinement of existing indicators, and a recalibration of baseline standards for good performance in many areas.
This PEFA 2016 replaces PEFA 2011 as the framework to be applied for all new PEFA assessments.
For more information, please visit the PEFA website.