Public financial management (PFM) is a core element for stable and sustainable fiscal management in any country regardless of difference between OECD countries and developing countries. In particular, this recognition is growing since the enhanced Heavily Indebted Poor Countries (HIPC) Initiative and Poverty Reduction Strategy Papers (PRSPs) were launched in late 1990s. This trend still continued following the Paris agenda started in 2005. In this line, the Public Expenditure and Financial Accountability (PEFA) was established by seven organizations, that is, France, DFID, Norway, Switzerland, European Commission, IMF, and the World Bank, in 2001. PEFA developed a standardized diagnostic tool, performance measurement framework to see PFM in each partner country. In January 2013, PEFA also developed a new document titled “Good Practice Note on Sequencing Reform”. By inviting Mr. Philip Sinnett, Head of PEFA Secretariat, the World Bank Tokyo Office and JICA will organize a seminar on Public Financial Management.

Objective:

To introduce the latest development of PFM at the international level and PEFA activities (including performance measurement framework and its revision) to the development community in Japan

Expected participants:

multilateral and bilateral donors located in Japan, Japanese academics, researchers, graduates program students, development consultant firms

Agenda (Tentative):