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Moving Forward PFM reforms In Kyrgyz Republic Next steps

Moving Forward PFM reforms In Kyrgyz Republic Next steps. Programmatic Public Expenditure Review. Bishkek, September 26, 2005. Holistic Approach Budget cycle – Formulation, execution, procurement, accounting and reporting, external audit. Both sides of PFM – Revenues and expenditures

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Moving Forward PFM reforms In Kyrgyz Republic Next steps

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  1. Moving Forward PFM reforms In Kyrgyz Republic Next steps Programmatic Public Expenditure Review Bishkek, September 26, 2005

  2. Holistic Approach Budget cycle – Formulation, execution, procurement, accounting and reporting, external audit. Both sides of PFM – Revenues and expenditures The central government – Ministry of Finance and line Ministries. The levels of government – National versus sub-national government Binding Constraints: Political Feasibility Technical Difficulties Absorptive Capacity PFM Architecture and Action Plans Objective:Short-Term (12 Months) Quick Wins : Demonstrate Tangible and Improved Service Delivery ImprovementLong-Term (4 Yrs) : Build Sustainable Institutional Capacity to Enhance Efficiency and Transparency of Public Spending

  3. Short-Term Action Plan • Building on PEFA Assessment and PPER Findings, requiring strong Government feedback • Focusing on limited number of quick actions toward tangible public service improvement in selected areas • Coordination of all on-going TA supports if necessary • High-level government commitment and coordination are essential for quick actions • Short Term Action Plan expected in Oct/Nov 2005

  4. Long Term Action Plans • Address comprehensive institutional PFM reforms • Build on short-term action plans for continuity • Comprehensive review of on-going reform performance and identifies areas of additional donor support • Agree among donors on areas and modality of support • Systemic monitoring framework for the entire term of new government • Long term plans expected available by next PRSP

  5. Stylized Action Plans

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