Institutional Strengthening for Public Financial and Asset Management in The Bahamas

preparation

The objective is to strengthen the institutional capacity of the Government of The Bahamas by designing and implementing a coordinated action plan that integrates recommendations from Public Expenditure and Financial Accountability (PEFA), Enhancing Management of Government Assets and Public Investment (EMGAP), and International Public Sector Accounting Standards (IPSAS) diagnostics. The initiative will modernize public financial management systems and asset governance through secure digital solutions, interoperability, and data-driven approaches, while promoting transparency, integrity, and improved expenditure quality to build trust in state institutions.