The Performance Dimensions in Budget > The design and use of PEFA and other assessments

PEFA 2016 Framework Released

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Albani:
http://pefa.org/en/content/introducing-pefa-2016

Napodano:
Introducing PEFA 2016

WASHINGTON, February 1, 2016 – PEFA Partners today announced the release of the PEFA 2016 framework for assessing public financial management (PFM) performance.

2016 marks the most comprehensive upgrade to the PEFA framework since it was first published in 2005 and incorporates new and updated benchmarks that reflect the changing landscape of PFM reforms, and the evolution of good practices over the last decade.

These include the addition of four new indicators, the expansion and refinement of existing indicators, and a recalibration of baseline standards for good performance in many areas. PEFA 2016 also introduces a stronger focus on the elements of internal financial control that can be observed in PEFA assessments and establishes a clearer and more consistent structure for reporting PEFA findings.

The development of PEFA 2016 has benefited from significant feedback from Partners, users, beneficiaries, and observers of PEFA during global public consultation in 2014, followed by extensive testing during 2015.

The seven PEFA Partners believe the upgraded framework will significantly strengthen PEFA’s usefulness as a tool for countries to assess their PFM performance, monitor progress of PFM reforms and identify priorities for further improvement. Effective PFM practices are acknowledged by the Partners as an essential enabling factor for sustainable development.

The new framework will be supported by a comprehensive guidance, which is currently in development. 

Napodano:
PEFA 2016 Guidance Materials Available Online at

- http://pefa.org/en/content/introducing-pefa-2016
- http://pefa.org/sites/pefa.org/files/Aligning 2015 with PEFA 2016 FINAL.pdf

The Secretariat sent this message:
'Since the release of the PEFA 2016 framework on February 1, 2016 the PEFA Secretariat has been developing and upgrading a range of guidance materials to support users and other stakeholders in the application of the framework. The guidance materials are being progressively published on the PEFA website as they are completed and we invite users to visit the PEFA website regularly to see the most recent list of the upgraded guidance.'

tomk:
The old links are broken. Current links are:
https://pefa.org/news/introducing-pefa-2016
https://pefa.org/sites/default/files/Aligning%202015%20with%20PEFA%202016%20FINAL.pdf

The root url is https://pefa.org/content/pefa-2016-framework

Napodano:
Thank you, tomk;
and welcome on Board!

Mauro

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