10 Questions
Why is effective public financial management crucial?
Because it ties together available resources, service delivery, and policy objectives
What can be achieved when resources are made available and applied economically, efficiently, and effectively?
Implementation of national policies and programmes
What is the primary purpose of a PEFA assessment?
To provide a comprehensive analysis of PFM performance at a specific point in time
Why is it essential to measure the performance of public financial management systems?
To identify areas for improvement in PFM
What is the benefit of reapplying the PEFA methodology?
To track changes in public financial management over time
What was the primary goal of creating the PEFA framework?
To establish a standard methodology for PFM diagnostic assessments
Which of the following is NOT a significant feature of the 2016 PEFA version?
Creation of a new framework for assessing public debt
What was the outcome of the 2016 update to the PEFA framework?
The existing framework was substantially upgraded
What was the primary motivation behind the PEFA framework's development?
To harmonize assessment of PFM across partner organizations
How many international development partners initially collaborated to establish the PEFA framework?
Seven
Assess your knowledge of the PEFA framework, a tool used to evaluate public financial management at central and local government levels. Learn about its objectives and how it provides a thorough analysis of PFM performance. Take this quiz to test your understanding of PEFA and its importance in public financial management.
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