Public Expenditure Management Network in Asia - Phase 2

closed

Countries in East Asia Pacific (EAP) have a substantial and varied history of pursuing public financial management reforms to support fiscal, growth, service delivery, and anti-corruption objectives. It represents a wide range of starting points, experience, and progress. The design of reforms in EAP countries involves adapting international best practices to a “good” local fit. Improving Public Finance Management (PFM) is an essential, upstream contributor to improving resource allocation and service delivery quality in a country and enhancing shared prosperity. Sound PFM systems should encourage strategic allocation of budget resources that accurately reflect the government's development priorities.PEMNA is a member-driven knowledge-sharing network that brings together government officials from 14 EAP countries. It revolves around the Communities of Practice (CoP), which provides the forum for the member countries to engage in PFM-related activities relevant to their institutions. Since PEMNA's inception, there have been two CoPs operating: Budget Community of Practice (B-CoP) and the Treasury Community of Practice (T-CoP). Each CoP has a leadership team that, in coordination with the WB facilitator, sets the work program and the learning agenda of the CoPs. The program's structure also includes a Secretariat to manage day-to-day operations and a Steering Committee to provide strategic guidance and endorse work programs. This RETF will finance the Secretariat's operation, including knowledge-sharing activities and research.The PEMNA – Phase 2 is a continuation effort to facilitate PFM knowledge sharing in EAP countries. The overall Project Development Objective (PDO) is to facilitate knowledge exchange among budget and treasury officials to increase their capacity for better Public Financial Management. The Project focus on peer-learning, research, advisory services and communication, reporting, monitoring and evaluation.