Digital Solutions Guidelines for Public Financial Management

Digital Solutions Guidelines for Public Financial Management

Author: Lorena Rivero del Paso

Publisher: International Monetary Fund

Published: 2023-10-06

Total Pages: 69

ISBN-13:

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The Digital Solutions Guidelines for Public Financial Management (Guidelines) are intended to serve as a comprehensive reference material for the assessment, design, and improvement of digital initiatives in the public financial management (PFM) area. To support the digital transformation of PFM functions, the Guidelines are structured around three Pillars – Functional, IT Architectural, and Governance and Management. Each pillar comprises six principles, which are further broken down into one to four attributes to promote more efficient and transparent PFM operations while fostering innovation and managing digital risks. These Guidelines also allow a graduated approach to digital transformation of PFM through three levels of maturity for each Attribute – foundational, intermediate, and advanced – to help take into account country-specific contexts and capacities in digital transformation strategies.


Fintech

Fintech

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2019-06-27

Total Pages: 73

ISBN-13: 1498321860

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The paper finds that while there are important regional and national differences, countries are broadly embracing the opportunities of fintech to boost economic growth and inclusion, while balancing risks to stability and integrity.


Digital Revolutions in Public Finance

Digital Revolutions in Public Finance

Author: Mr.Sanjeev Gupta

Publisher: International Monetary Fund

Published: 2017-11-01

Total Pages: 362

ISBN-13: 1484315227

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Digitization promises to reshape fiscal policy by transforming how governments collect, process, share, and act on information. More and higher-quality information can improve not only policy design for tax and spending, but also systems for their management, including tax administration and compliance, delivery of public services, administration of social programs, public financial management, and more. Countries must chart their own paths to effectively balance the potential benefits against the risks and challenges, including institutional and capacity constraints, privacy concerns, and new avenues for fraud and evasion. Support for this book and the conference on which it is based was provided by the Bill and Melinda Gates Foundation “Click Download on the top right corner for your free copy..."


Digital Government

Digital Government

Author: Us Department of State

Publisher: CreateSpace

Published: 2013-06-19

Total Pages: 36

ISBN-13: 9781490476773

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Mission drives agencies, and the need to deliver better services to customers at a lower cost—whether an agency is supporting the warfighter overseas, a teacher seeking classroom resources or a family figuring out how to pay for college—is pushing every level of government to look for new solutions


OECD Digital Government Studies Promoting the Digital Transformation of African Portuguese-Speaking Countries and Timor-Leste

OECD Digital Government Studies Promoting the Digital Transformation of African Portuguese-Speaking Countries and Timor-Leste

Author: OECD

Publisher: OECD Publishing

Published: 2018-11-30

Total Pages: 136

ISBN-13: 9264307133

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The public sectors of African Portuguese-speaking countries and Timor-Leste (PALOP-TL) have made significant progress in mobilising digital technologies to promote internal efficiency, simplify government procedures and improve the delivery of public services.


The Basics of Public Budgeting and Financial Management

The Basics of Public Budgeting and Financial Management

Author: Charles E. Menifield

Publisher: University Press of America

Published: 2013-08-16

Total Pages: 270

ISBN-13: 0761861424

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The Basics of Public Budgeting and Financial Management brings budgetary theory and practice together, filling the void between the two that has existed in the field of budgeting and public finance. This book bridges the gap by providing the reader with applications and exercises that reinforce budgetary theory. Students are given the opportunity to learn various concepts and skills necessary to succeed in the field and the exercises provided in each chapter require application of what is learned. Specifically, students will be exposed to basic budget and finance concepts, public revenue, financial management, risk assessment, cost benefit analysis, and so on. This handbook also provides great tools that allow the user to visually display budgets and other analysis. Students will gain the solid foundation needed to begin work in a budget office. Features of this second edition include enhanced data and optional in-class assignments. For ancillary materials, please contact the author at [email protected].


Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance

Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance

Author: El Bachir Boukherouaa

Publisher: International Monetary Fund

Published: 2021-10-22

Total Pages: 35

ISBN-13: 1589063953

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This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.


OECD Digital Government Studies Digital Government Review of Sweden Towards a Data-driven Public Sector

OECD Digital Government Studies Digital Government Review of Sweden Towards a Data-driven Public Sector

Author: OECD

Publisher: OECD Publishing

Published: 2019-05-10

Total Pages: 127

ISBN-13: 9264584870

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This digital government review asseses the state of data-driven policies and initiatives in the Swedish public sector. It explores the underlying institutional governance and co-ordination arrangements for digital government in the country, and their impact on policy implementation


Digital Solutions for Contemporary Democracy and Government

Digital Solutions for Contemporary Democracy and Government

Author: Kelvin Joseph Bwalya

Publisher: IGI Global

Published: 2015-04-30

Total Pages: 448

ISBN-13: 1466684313

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The dot-com revolution has brought many advances before unimagined. Of them all, it may be said that none have surpassed e-government in attracting a significant number of researchers and practitioners from around the world. However, the question remains whether everyone is ready to join the e-government movement, or if some are just blindly following the latest trend. Digital Solutions for Contemporary Democracy and Government touches on several key issues and challenges surrounding the recent e-government boom and offers practical solutions from those who have been a part of implementing e-government programs internationally. Due to its breadth of discussion on a variety of topics relating to the intersection of technology with politics, democracy, and government, this authoritative book is a valuable reference source for professionals, researchers, and students in the field of e-government, information management, or knowledge management.


Financial Management Information Systems and Open Budget Data

Financial Management Information Systems and Open Budget Data

Author: Cem Dener

Publisher: World Bank Publications

Published: 2013-10-11

Total Pages: 195

ISBN-13: 1464800847

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This study is the first attempt to explore the effects of Financial Management Information Systems on publishing open budget data and improving budget transparency, and develop some guidelines on relevant aspects. The findings of the study are expected to provide a comprehensive view of the current government practices.