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Questions and Answers
Why is effective public financial management crucial?
Why is effective public financial management crucial?
- Because it reduces poverty and promotes economic development
- Because it ties together available resources, service delivery, and policy objectives (correct)
- Because it ensures efficient revenue collection
- Because it is a requirement for international organisations
What can be achieved when resources are made available and applied economically, efficiently, and effectively?
What can be achieved when resources are made available and applied economically, efficiently, and effectively?
- Effective public financial management
- Improved revenue collection
- Implementation of national policies and programmes (correct)
- Economic development and poverty reduction
What is the primary purpose of a PEFA assessment?
What is the primary purpose of a PEFA assessment?
- To measure the efficiency of revenue collection
- To provide a comprehensive analysis of PFM performance at a specific point in time (correct)
- To evaluate the effectiveness of poverty reduction policies
- To track changes in public financial management over time
Why is it essential to measure the performance of public financial management systems?
Why is it essential to measure the performance of public financial management systems?
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What is the benefit of reapplying the PEFA methodology?
What is the benefit of reapplying the PEFA methodology?
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What was the primary goal of creating the PEFA framework?
What was the primary goal of creating the PEFA framework?
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Which of the following is NOT a significant feature of the 2016 PEFA version?
Which of the following is NOT a significant feature of the 2016 PEFA version?
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What was the outcome of the 2016 update to the PEFA framework?
What was the outcome of the 2016 update to the PEFA framework?
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What was the primary motivation behind the PEFA framework's development?
What was the primary motivation behind the PEFA framework's development?
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How many international development partners initially collaborated to establish the PEFA framework?
How many international development partners initially collaborated to establish the PEFA framework?
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