Public Financial Management in Pakistan

Pakistan consists of four provinces and other territories. In 2010, two important milestones changed the legislative, administrative and fiscal structure of the country: approval of the 7th National Finance Commission award and the 18th amendment of the constitution. From 2011, most subjects will be transferred to the provinces except those that have been transferred to the federal. The new responsibilities devolved to the provinces will mean that provinces are going to be more accountable and they must improve their governance systems. The Government of Pakistan has adopted an important set of documents and public policies in the area of economic development. Many of these documents contain key information of the current programmes and projects undertaken by the Government of Pakistan in the field of Good Governance and Public Financial Management. Pakistan and the EU are committed to strengthening their relationship under a Cooperation Agreement on Partnership and Development. The European Union adopted a Country Strategy Paper setting a general framework for cooperation between the European Union and Pakistan. The two focal areas are "Rural Development and Natural Resources Management" and "Education and Human Resources Management". Other non-focal areas include "Trade Development and Economic Cooperation", "Democratization and Human Rights", "Support to Non-State Actors and Thematic Budget Lines" and "Governance and Security". After an identification mission, the overall objective of this assignment was to contribute to the improvement of public financial management in Pakistan. More specifically, the objective was to support the Government of Pakistan and EU in the formulation of possible interventions that can be developed into an EU support programme to contribute to the improvement of public financial management capacity in Pakistan.


Project Details
Country PAKISTAN
Start date 2012.02.19
End date 2012.11.13
Client EC Delegation
Sector MACRO/PUBLIC FINANCE MANAGMENT
Sub-sector PFM system
Ref. ADE A422-208