Author Topic: PEFA NewsFlash - Revising the PEFA Performance Measurement Framework  (Read 656 times)

Napodano

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NewsFlash NF26 - 31 Dec 2013
Revising the PEFA Performance Measurement Framework

The PEFA Program, launched in 2001, has succeeded in creating a credible and comprehensive Framework for the assessment of PFM functionality, which has been successfully applied in a large number of countries: countries with different income levels; different administrative traditions; and in different geographical regions.
The current Framework, although continuing to be relevant and applicable in a wide range of contexts, is being revised with the twin objectives of enhancing its relevance (by recognizing the developments in accepted “good practice” which have taken place since it was launched) while preserving comparability over time, to the extent possible.
At their meeting in Paris in early December, the PEFA Partners made significant progress towards finalizing the revision of the Framework, including adding new indicators and modifying several existing dimensions in the light of the evolution in what constitutes “generally accepted good practice”.

The Partners also agreed on a process to test and consult Stakeholders on the revised Framework. The testing will have two distinct phases, the first of which will be restricted to a small number of volunteer countries where the Secretariat will support the assessment team to gather the data required to rate the indicators. Following this initial testing, the draft will be released for a period for Stakeholders to offer comments, in addition to which, opportunities will be sought to link with international and regional events in the area of public financial management and accountability, and the PEFA Partners will also arrange dedicated events where detailed discussions can take place.

Following the consultation period, the draft Framework will be modified as necessary before the second, more substantial testing phase is undertaken, which will be designed to ensure that the Framework is applicable across a wide range of countries contexts and different heritages. The revised Framework is expected to be released in 2015.
 
« Last Edit: October 24, 2014, 07:10:29 GMT by John Short »

Napodano

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Re: PEFA NewsFlash - Revising the PEFA Performance Measurement Framework
« Reply #1 on: August 08, 2014, 05:29:09 GMT »
NF30 - 7th August 2014
Consultation Draft for Updating the PEFA Indicators,

Dear Stakeholders,

The Public Expenditure and Financial Accountability (PEFA) Program, launched in 2001, has created a credible and comprehensive framework for assessing PFM functionality, which has been applied in a large number of countries since 2005—countries with different income levels, different administrative heritages, and in different geographical regions.
The PEFA Framework continues to be relevant and applicable in a wide range of contexts; however, after 9 years with only limited changes, it is time to update it. The PEFA Partners have no intention of changing the purpose of the Framework; rather, the update is intended to reflect the various developments in the PFM landscape over the past decade, strengthen several areas of acknowledged weakness, and extend coverage to new areas such as fiscal strategy, use of performance information, public investment, and public asset management. Thus the update aims to enhance the relevance of the PEFA indicators while preserving their comparability over time, to the extent possible. The Partners expect that a PFM systems assessment undertaken on the basis of the updated PEFA Framework will provide an improved basis for monitoring PFM performance and for discussing and designing reform priorities for the future—and thus enhance its usefulness for governments and other users.

Over the life of the Framework, PFM experts have offered numerous suggestions to modify various indicators. The Partners now seek to exploit this expertise by requesting feedback on the draft update from any interested party: government PFM specialists and reform managers, PFM/PEFA practitioners, regional networks and technical assistance providers, entities that are developing and maintaining assessment tools, PFM standards setters, think tanks, and academia.

The PEFA Partners are pleased to present the draft updated PEFA indicator set for public consultation, along with a note that uses a question-and-answer format to describe the background of and process for the update. To provide feedback—a crucial element in finalizing this important work—please complete the short questionnaire (attached) and/or provide more general comments and suggestions, by October 31, 2014. The Partners are grateful for your participation.

Following the consultation period, the draft Framework will be modified as necessary to reflect the comments and to ensure that it remains applicable across a wide range of country contexts and administrative heritages. The updated PEFA Framework is expected to be released in 2015.

The consultation package comprises three documents
• Accompanying note
• The Draft Update of the PEFA Indicators for Public Consultation
• The stakeholder questionnaire (“Questions for Consultation”)
« Last Edit: August 08, 2014, 08:39:48 GMT by John Short »

Napodano

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Re: PEFA NewsFlash - Revising the PEFA Performance Measurement Framework
« Reply #2 on: October 09, 2014, 06:37:07 GMT »
The  draft PEFA indicator set is now also available in French and Spanish in the PEFA website (also attached below)
« Last Edit: October 09, 2014, 07:21:48 GMT by John Short »

Napodano

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Re: PEFA NewsFlash - Revising the PEFA Performance Measurement Framework
« Reply #3 on: October 24, 2014, 06:42:04 GMT »
The closing of the consultation Process for comments on the PEFA Indicator Set closes October 31, 2014

The public consultation process for providing comments on the updated PEFA indicator set concludes on October 31st, 2014.  Please visit the PEFA website to obtain information/documentation and provide your feedback by October 31st, so it can be considered (click https://www.pefa.org/en/content/draft-pefa-indicators-update ).
« Last Edit: October 24, 2014, 07:11:05 GMT by John Short »

petagny

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Re: PEFA NewsFlash - Revising the PEFA Performance Measurement Framework
« Reply #4 on: November 03, 2014, 15:24:38 GMT »
I made the following comments on the proposed new indicator PI-PIM. I submitted a couple of days after the deadline for consultation, so I'm hoping that the PEFA Secretariat have some flexibility.

Positive Comments

It's good to see that there is reference to a 'national guidelines' with reference to economic analysis. This should mean that feasibility studies done for donors don't count unless they follow national guidelines.  A national methodology should not be expected to differ greatly from standard donor practices, but there should at least be a consistent set of national parameter values, discount rate, value of time, etc. used for all projects, rather than the free-for-all that generally exists at present.

It's also good that the focus is on major projects and that a definition of 'major' is given.

'Economic analysis' is defined broadly to cover a variety of methods - not just CBA - which I think is helpful. Also important is the inclusion of PPP projects.

Recognition of the need for independent validation of appraisal findings is also important, but the text is not clear. 'For the analysis to have objectivity, it would have to be conducted independently (or at arms’ length) of the project’s sponsoring agency, i.e. validated by an entity other than the concerned MDA': does this mean the analysis has to be performed by an independent entity or validated by an independent entity, or both?

Possible Areas for Improvement

Rigorous appraisal should normally cover more than the 'economic case'. The UK, for example, also requires consideration of the strategic, financial, commercial and management cases at three points in the project cycle (identification, appraisal and pre-contract signature) prior to implementation. The financial case is mentioned in the PEFA narrative as being a component of the economic analysis: true up to a point, but this might not necessarily mean that affordability and exchequer impact are captured.

I would say that the most important deficiency is the absence of a dimension dealing with project identification/concept development, when a decision to proceed to feasibility and appraisal is made on the basis of strategic/policy relevance, strength of the intervention logic and affordability. The indicator deliberately leaves aside policy relevance stating that this is already captured under PI-12. This is indeed the case under the existing PEFA framework, but the proposed update seems to exclude the critical dimension (iv) of PI-12.

What is meant by 'capital investment project'? I think a definition of capital investment is required, presumably expenditure on fixed assets (tangible and intangible) mentioned in PI-PAM, but it would be good to state this.

Since PEFA is about performance, there needs to be some verification that processes are effective and not 'going through the motions'. The reject rate is a critical variable for assessing the effectiveness of the independent validation process: if all projects get through, then there's something wrong. Similarly, if the monitoring process never results in problem projects being stopped (or at least subject to major re-design) then there's also something wrong. These things might have been mentioned in relation to assessing these dimensions.

I'm not sure if it's essential for Government to maintain a database of all projects (the implication of dimension iii). How many advanced country central financial agencies do this? The UK has just woken up to the idea of having a database of major projects (the Government Major Project Portfolio), which seems like a very good idea, but is it necessary to have a database of all projects? It seems like a recipe for information overload in a large country. It also seems at odds with the decentralised philosophy of performance-oriented budgeting.

The World Bank has identified eight key features of good practice in public investment management. It is not possible to capture all of these in a single indicator. All the same, I am not sure that it is correct to define these as 'elements of the broader public sector context' as is done in footnote 12. Monitoring and evaluation, for example, seem to me to be important parts of the broader PFM system.

Napodano

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Re: PEFA NewsFlash - Revising the PEFA Performance Measurement Framework
« Reply #5 on: March 14, 2015, 17:06:22 GMT »
PEFA NF33 - 26th Jan 2015

Release of the Country Testing Version of the upgraded  PFM Performance Measurement Framework

Following the public consultation on the draft upgraded PEFA indicator set, the PEFA Partners are pleased to release a version of the entire upgraded PFM Performance Measurement Framework for use in testing at country level– the ‘testing version’ – which incorporates guidance on the indicators and PFM performance report content, available  in attachment 1 below. A short explanation of changes from the consultation draft is available in attachment 2.

Testing will be carried in the first half of 2015, then the final fine-tuning of the upgraded Framework will be decided, and all associated information, guidance and training materials, will be prepared for release by the end of 2015.
 
The PEFA Partners are seeking additional opportunities to test the upgraded Framework. If you would like to participate in testing the PEFA Framework, please contact the PEFA Secretariat.
 
The PEFA Secretariat is also publishing the report on the feedback received during the public consultation process which includes a discussion of the main findings and key issues and a summary of the major comments by indicator, available  in attachment 3 below.
 
Any enquiries or comments on the upgraded Framework can be directed to the PEFA Secretariat by telephone (+1-202-458-8545) or email (services@pefa.org). More information is available on the website www.pefa.org and you can also follow new developments on Twitter @PEFASecretariat.

« Last Edit: March 14, 2015, 17:10:43 GMT by Napodano »

Napodano

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Re: PEFA NewsFlash - Revising the PEFA Performance Measurement Framework
« Reply #6 on: March 30, 2015, 07:59:00 GMT »
PEFA NF33 - 26th Jan 2015

Release of the Country Testing Version of the upgraded  PFM Performance Measurement Framework


The PEFA Secretariat has launched a new page on its website to support users of the 2015 testing version of the PEFA Framework. This page includes the 2015 PEFA Framework guidance in three languages, draft Fieldguide, additional data requirements for the 2015 version, calculation templates, new data table formats, guidance on transition and successive/repeat assessment, information and training materials.

The 2015 support page can be found at https://www.pefa.org/en/content/pefa-2015-support

Napodano

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Re: PEFA NewsFlash - Revising the PEFA Performance Measurement Framework
« Reply #7 on: April 15, 2015, 10:17:16 GMT »
PEFA NF33 - 26th Jan 2015

Release of the Country Testing Version of the upgraded  PFM Performance Measurement Framework


The PEFA Secretariat has launched a new page on its website to support users of the 2015 testing version of the PEFA Framework. This page includes the 2015 PEFA Framework guidance in three languages, draft Fieldguide, additional data requirements for the 2015 version, calculation templates, new data table formats, guidance on transition and successive/repeat assessment, information and training materials.

The 2015 support page can be found at https://www.pefa.org/en/content/pefa-2015-support

You can find attached below all the documents related to the updated PEFA  currently under testing.
« Last Edit: April 15, 2015, 10:20:32 GMT by Napodano »

harnett

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Re: PEFA NewsFlash - Revising the PEFA Performance Measurement Framework
« Reply #8 on: June 30, 2015, 23:08:05 GMT »
Has anyone out there used the new testing version yet?  I'm using it in Bangladesh and keen to swap experiences.  I may also use it in Angola in the near future.

 

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