An Assessment of Roles and Responsibilities of Central and Local Governments in the Management of Public Finances in Kenya
Author: Daniel M. Muia
Publisher:
Published: 2008
Total Pages: 48
ISBN-13:
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Government Finance Statistics Manual 2014
Author: Mrs.Sage De Clerck
Publisher: International Monetary Fund
Published: 2015-03-10
Total Pages: 470
ISBN-13: 1498379214
DOWNLOAD EBOOKThe 2007–09 international financial crisis underscored the importance of reliable and timely statistics on the general government and public sectors. Government finance statistics are a basis for fiscal analysis and they play a vital role in developing and monitoring sound fiscal programs and in conducting surveillance of economic policies. The Government Finance Statistics Manual 2014 represents a major step forward in clarifying the standards for compiling and presenting fiscal statistics and strengthens the worldwide effort to improve public sector reporting and transparency.
Financial Management for Local Government
Author: Kay Spearman
Publisher: Routledge
Published: 2019-08-08
Total Pages: 1670
ISBN-13: 1136565825
DOWNLOAD EBOOKVolume 1: Creating A Financial Framework Financial policies, planning and citizen participation are cross-cutting topics that imingpact all aspects of local government decision-making. This volume provides decision makers with a basic financial foundation and will be especially useful for policy makers and chief executive officers. Sections: Financial Policy Making; Financial Planning; Citizen Participation; Evaluating Financial Condition Volume 2: Managing the Operating Budget The short-term operating budget and long-term capital investment plans are the engines that drive local government. The operating budget is the primary mechanism for providing public services and demonstrating accountability for decisions made during the budget process. More technical in nature than volume 1, many of the more basic ideas will be of use to policy makers, while the advanced concepts are written principally for chief executive officers, finance managers and department heads. Sections: Operating Budget; Financing the Operating Budget Volume 3: Managing the Capital Investment Plan Highlighting citizen participation, transparency and accountability, this volume describes how to design and implement a capital investment planning and budgeting system, with a more advanced section dealing with value management and real estate analysis. It also examines how the financing for the investment plan is developed and implemented, reviews the benefits of instituting a debt management program, looks at types of financing, methods for selecting credit instruments and the mechanics for obtaining financing, as well as reviewing credit analysis, disclosure requirements and administration of the debt. Sections: Capital Investment Plan; Financing the Capital Investment Plan Volume 4: Managing Performance This final volume reviews four of the cornerstones of good governance: accounting, performance measures, asset management and procurement. Basic sections cover fundamental, need-to-know information for policy makers, accompanied by more advanced technical treatment for financial managers and CEOs. Sections: Accounting; Performance Measures; Asset Management; Procurement.
Local Government Finance in Developing Countries
Author: Paul J. Smoke
Publisher: Oxford University Press, USA
Published: 1994
Total Pages: 236
ISBN-13:
DOWNLOAD EBOOKArguing that local governments could be made more effective in developing countries, the author explores the issues involved in designing and implementing appropriate intergovernmental systems for financing and providing local public services. The core of the book traces the history of local authorities in Kenya. An analysis of the problems of financing local government is followed by a set of practical recommendations for reform, which has practical implications for other developing countries.
Local Budgeting
Author: Anwar Shah
Publisher: World Bank Publications
Published: 2007
Total Pages: 410
ISBN-13: 0821369466
DOWNLOAD EBOOKLocal budgeting serves important functions that include setting priorities, planning, financial control over inputs, management of operations and accountability to citizens. These objectives give rise to technical and policy issues that require open discussion and debate. The format of the budget document can facilitate this debate. This book provides a comprehensive treatment of all aspects of local budgeting needed to develop sound fiscal administration at the local level. Topics covered include fiscal administration, forecasting, fiscal discipline, fiscal transparency, integrity of revenue administration, budget formats, and processes including performance budgeting, and capital budgeting.
Guide to Municipal Finance
Author: Naomi Enid Slack
Publisher: UN-HABITAT
Published: 2009
Total Pages: 90
ISBN-13: 9211321131
DOWNLOAD EBOOKGovernment Finance Statistics Manual 2001
Author: International Monetary Fund
Publisher: International Monetary Fund
Published: 2001-12-19
Total Pages: 218
ISBN-13: 9781589060616
DOWNLOAD EBOOKThis Manual, which updates the first edition published in 1986, is a major advance in the standards for compilation and presentation of fiscal statistics. It is intended as a reference volume for compilers of government finance statistics, fiscal analysts, and other users of fiscal data. The Manual introduces accrual accounting, balance sheets, and complete coverage of government economic and financial activities. It covers concepts, definitions, classifications, and accounting rules, and provides a comprehensive framework for analysis, planning, and policy determination. To the extent possible, the Manual has been harmonized with the System of National Accounts 1993.
Guidelines for Public Expenditure Management
Author: Mr.Jack Diamond
Publisher: International Monetary Fund
Published: 1999-07-01
Total Pages: 84
ISBN-13: 9781557757876
DOWNLOAD EBOOKTraditionally, economics training in public finances has focused more on tax than public expenditure issues, and within expenditure, more on policy considerations than the more mundane matters of public expenditure management. For many years, the IMF's Public Expenditure Management Division has answered specific questions raised by fiscal economists on such missions. Based on this experience, these guidelines arose from the need to provide a general overview of the principles and practices observed in three key aspects of public expenditure management: budget preparation, budget execution, and cash planning. For each aspect of public expenditure management, the guidelines identify separately the differing practices in four groups of countries - the francophone systems, the Commonwealth systems, Latin America, and those in the transition economies. Edited by Barry H. Potter and Jack Diamond, this publication is intended for a general fiscal, or a general budget, advisor interested in the macroeconomic dimension of public expenditure management.
PEFA, Public Financial Management, and Good Governance
Author: Jens Kromann Kristensen
Publisher: World Bank Publications
Published: 2019-11-24
Total Pages: 168
ISBN-13: 146481466X
DOWNLOAD EBOOKThis project, based on the Public Expenditure and Financial Accountability (PEFA) data set, researched how PEFA can be used to shape policy development in public financial management (PFM) and other major relevant policy areas such as anticorruption, revenue mobilization, political economy analysis, and fragile states. The report explores what shapes the PFM system in low- and middle-income countries by examining the relationship between political institutions and the quality of the PFM system. Although the report finds some evidence that multiple political parties in control of the legislature is associated with better PFM performance, the report finds the need to further refine and test the theories on the relationship between political institutions and PFM. The report addresses the question of the outcomes of PFM systems, distinguishing between fragile and nonfragile states. It finds that better PFM performance is associated with more reliable budgets in terms of expenditure composition in fragile states, but not aggregate budget credibility. Moreover, in contrast to existing studies, it finds no evidence that PFM quality matters for deficit and debt ratios, irrespective of whether a country is fragile or not. The report also explores the relationship between perceptions of corruption and PFM performance. It finds strong evidence of a relationship between better PFM performance and improvements in perceptions of corruption. It also finds that PFM reforms associated with better controls have a stronger relationship with improvements in perceptions of corruption compared to PFM reforms associated with more transparency. The last chapter looks at the relationship between PEFA indicators for revenue administration and domestic resource mobilization. It focuses on the credible use of penalties for noncompliance as a proxy for the type of political commitment required to improve tax performance. The analysis shows that countries that credibly enforce penalties for noncompliance collect more taxes on average.
Kenya
Author: International Monetary Fund. Fiscal Affairs Dept.
Publisher: International Monetary Fund
Published: 2016-07-12
Total Pages: 65
ISBN-13: 1475538065
DOWNLOAD EBOOKThis paper discusses key findings of the Fiscal Transparency Evaluation of Kenya. Since 2010, the Treasury has made important changes in Kenya’s public financial management framework, the impact of which can clearly be seen in its performance against the Fiscal Transparency Code. The prospects for quick improvements in the fiscal reporting area are clearly within the grasp of the National Treasury. Fiscal forecasting and budgeting practices are generally in line with good practice under the Fiscal Transparency Code, reflecting more than a decade of experience with medium-term budgeting and preparing and presenting macro frameworks.
