Financial accountability training in FSM

The training is a multi-agency partnership program sponsored by the World Bank, The International Monetary Fund, the European Commission and others.

The public expenditure and financial accountability performance measurement framework incorporates a public finance management report, and a set of high level indicators based on expenditure tracking benchmarks, the IMF Fiscal Transparency Code and other international standards.

The framework makes assessment of the extent to which a country’s existing public finance management system supports the achievement of aggregate fiscal discipline, strategic allocation of resources and efficient service delivery.

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