A proven means of measuring effectiveness of PFM.
Reflecting Results Associates Commitment to PFM, we undertake PEFA (Public Expenditure and Financial Accountability Framework) assessment. The Public Expenditure and Financial Accountability Framework (PEFA) is an evidenced based methodology for assessing the effectiveness of good PFM. It is endorsed by seven major donors including the World Bank and the International Monetary Fund (IMF). Along with our commitment to PFM, we undertake PEFA assessment using the same framework adopted by the PEFA secretariat. The PS is hosted by the World Bank in Washington D.C and sponsored by the following major global aid agencies.
World Bank Group
Norwegian Ministry of Foreign Affairs
State Secretariat for Economic Affairs SECO
UK Department for International Development