Celeste Kubasta/Richard Neves Public Financial Management - FY2020 - PowerPoint PPT Presentation

Celeste Kubasta/Richard Neves

Public Financial Management - FY2020 Plans & Priorities Planned Vs FY19 Outturn Missions 36 29 Regional Events 5 2 TA Mission Days 668 468 LTX Days 250 177 STX Days 418 291 $1.782 m $1.324 m

Resourcing of the Different Objectives No of Days Fiscal Fiscal Risks Reporting 2% Improved 20% Laws Effective Institutions 46% Budget Execution and Budget Control Preparation 27% 5%

Improved Laws and Effective PFM Institutions PEFA Assessment |PFM Legislation| Fiji Review Financial Regulations PFM Roadmap Development Kiribati PFM Leadership Regional PFM Legislation Niue Symposium PEFA Self Assessment Palau Joint CARTAC/PFTA PEFA Assessment C Workshop PNG PFM Legislation |PEFA Self Tonga Assessment

Comprehensive, credible and policy based budget preparation Developing Budget Tools|Improving Marshall Islands budget documentation Improving capital budgeting over Fishing Tuvalu multiple years Revenue Regional Workshop Improving Budget Documentati on Workshop

Improved Budget Execution and Control Improve treasury operations and Cook Islands controls for non-salary expenditure Payroll Audit | Procurement Audit Fiji Improve treasury operations and FSM Regional controls for non-salary expenditure Internal Audit Improve treasury operations and Samoa Workshop controls for non-salary expenditure Solomon Islands Improve treasury operations and controls for non-salary expenditure Internal audit payroll Tonga Review risk based internal audit Vanuatu functions

Improved coverage and quality of fiscal reporting Chart of Accounts Training|Improved Fiji presentation on in year reports Transition to IPSAS cash reporting Nauru Improved Notes reporting Samoa Chart of Accounts|Efficiency of Tonga Financial Reporting Efficiency of Financial Reporting Vanuatu

Strengthened identification, monitoring and management of fiscal risks Review of risk monitoring Fiji Regional Fiscal Risks Workshop