Annex 2 Summary of PEFA PFM Performance Assessments 2011 Indicator 2005 2006 2008 PEFA PEFA PEFA Credibility of the Budget P 1 - Aggregate expenditure out-turn compared to original approved C+ A A B budget C+ P 2 - Composition of expenditure out-turn compared to original D+ D D approved budget P 3 - Aggregate revenue out-turn compared to original approved D A A D budget P 4 Stock and monitoring of expenditure payment arrears C D+ <NS> NS – Comprehensiveness and transparency of the budget P 5 Classification of the budget B B B A – P 6 - Comprehensiveness of information included in budget C+ B B A documentation NS P 7 - Extent of unreported government operations B B <NS> B P 8 Transparency of inter-governmental fiscal relations D C B+ – B P 9 - Oversight of aggregate fiscal risk from other public sector D+ D+ C+ entities. P 10 Public access to key fiscal information D+ B C C – Policy-based budgeting P 11 - Orderliness and participation in the annual budget process D+ B C+ B P 12 - Multi-year perspective in fiscal planning, expenditure policy D D+ B C+ and budgeting Predictability and control in budget execution P 13 - Transparency of taxpayer obligations and liabilities D+ C B B P 14 - Effectiveness of measures for taxpayer registration and tax D C C+ D+ assessment NS P 15 - Effectiveness in collection of tax payments D D D+ B P 16 - Predictability in the availability of funds for commitment of D+ C+ B expenditures A P 17 - Recording and management of cash balances, debt and C+ C A guarantees P 18 - Effectiveness of payroll controls D+ C+ C+ B+ P 19 Competition, value for money and controls in procurement D+ D NS D+ – P 20 - Effectiveness of internal controls for non-salary expenditure D+ B C+ C+ P 21 - Effectiveness of internal audit D+ D+ C+ D+ Accounting, recording and reporting P 22 - Timeliness and regularity of accounts reconciliation C+ B B+ D P 23 - Availability of information on resources received by service D D D D delivery units C+ P 24 Quality and timeliness of in-year budget reports D C+ C+ – C+ P 25 Quality and timeliness of annual financial statements D+ D+ C+ – External scrutiny and audit P 26 Scope, nature and follow-up of external audit D D+ D+ D+ –
Annex 2 Summary of PEFA PFM Performance Assessments Indicator 2005 PEFA 2006 PEFA 2008 PEFA 2011 Credibility of the Budget P 1 - Aggregate expenditure out-turn compared to original approved budget C+ A A B P 2 - Composition of expenditure out-turn compared to original approved budget D+ D D C+ P 3 - Aggregate revenue out-turn compared to original approved budget D A A D P 4 – Stock and monitoring of expenditure payment arrears C D+ <NS> NS Comprehensiveness and transparency of the budget P 5 – Classification of the budget B B B A P 6 - Comprehensiveness of information included in budget documentation C+ B B A P 7 - Extent of unreported government operations B B <NS> NS P 8 – Transparency of inter-governmental fiscal relations D C B+ B P 9 - Oversight of aggregate fiscal risk from other public sector entities. D+ D+ C+ B P 10 – Public access to key fiscal information D+ B C C Policy-based budgeting P 11 - Orderliness and participation in the annual budget process D+ B C+ B P 12 - Multi-year perspective in fiscal planning, expenditure policy and budgeting D D+ B C+ Predictability and control in budget execution P 13 - Transparency of taxpayer obligations and liabilities D+ C B B P 14 - Effectiveness of measures for taxpayer registration and tax assessment D C C+ D+ P 15 - Effectiveness in collection of tax payments D D D+ NS P 16 - Predictability in the availability of funds for commitment of expenditures D+ C+ B B P 17 - Recording and management of cash balances, debt and guarantees C+ C A A P 18 - Effectiveness of payroll controls D+ C+ C+ B+ P 19 – Competition, value for money and controls in procurement D+ D NS D+ P 20 - Effectiveness of internal controls for non-salary expenditure D+ B C+ C+ P 21 - Effectiveness of internal audit D+ D+ C+ D+ Accounting, recording and reporting P 22 - Timeliness and regularity of accounts reconciliation C+ B B+ D P 23 - Availability of information on resources received by service delivery units D D D D P 24 – Quality and timeliness of in-year budget reports D C+ C+ C+ P 25 – Quality and timeliness of annual financial statements D+ D+ C+ C+ External scrutiny and audit P 26 – Scope, nature and follow-up of external audit D D+ D+ D+
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