Skip navigation

Economic & Sector Work :: Integrated Fiduciary Assessment

Zambia - Public Expenditure Management and Financial Accountability Review : Country Financial Accountability Assessment, Annex, Volume 2

ACCOUNTABILITY ACCOUNTANTS ACCOUNTING ACCOUNTING PROCEDURES ACCOUNTING RECORDS ACCOUNTING SYSTEMS ANTI-CORRUPTION ANTI-CORRUPTION STRATEGY APPROPRIATIONS ASSET MANAGEMENT AUDIT REPORTS AUDITED ACCOUNTS AUDITED FINANCIAL STATEMENTS AUDITING AUDITORS AUDITS AUTHORITY AUTHORIZATION AUTONOMY BANK ACCOUNTS BANK PROCEDURES BORROWING BUDGET ESTIMATES BUDGET EXECUTION BUDGET MANAGEMENT BUDGET MONITORING BUDGET PROCESS BUDGETARY FUNDS BUDGETING CAPITAL EXPENDITURES CAPITAL PROJECTS CASH MANAGEMENT CASH PAYMENTS CENTRAL GOVERNMENT CIVIL SERVICE COMMERCIAL BANKS CONSTITUTION COST OF CAPITAL DEBT MANAGEMENT DEMOCRATIC ACCOUNTABILITY DISTRICTS ELECTRICITY EXECUTION EXTRA BUDGETARY FUNDS FINANCIAL ACCOUNTABILITY FINANCIAL INFORMATION FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT SYSTEMS FINANCIAL PERFORMANCE FINANCIAL REGULATIONS FINANCIAL REPORTING FINANCIAL REPORTS FINANCIAL RESOURCES FINANCIAL RISK FISCAL FISCAL YEAR FOREIGN EXCHANGE FORMAL SYSTEM GOVERNMENT ACCOUNTING GOVERNMENT DEBT GOVERNMENT OFFICIALS GOVERNMENT SYSTEMS GROSS DOMESTIC PRODUCT HOUSING HUMAN RESOURCES INFLATION INSTITUTIONAL ARRANGEMENTS INSTITUTIONAL FRAMEWORK INSTITUTIONAL REFORMS INTEREST RATES INTERNAL AUDIT INTERNAL CONTROLS LACK OF TRANSPARENCY LEGAL FRAMEWORK LEGISLATION LEGISLATIVE OVERSIGHT LOCAL AUTHORITIES LOCAL COUNCILS LOCAL GOVERNMENT LOCAL GOVERNMENT AUTHORITIES LOCAL GOVERNMENTS MANAGEMENT INFORMATION SYSTEMS MANAGEMENT REPORTS MINISTERS NATIONAL PLANNING OPERATING EXPENDITURES PARASTATALS PAYROLL PENALTIES POLITICAL INTERFERENCE PRIVATE SECTOR PRIVATISATION PROCUREMENT PROPERTY TAXES PROVISIONS PUBLIC ADMINISTRATION PUBLIC DEBT PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC FINANCE PUBLIC FINANCE MANAGEMENT PUBLIC FUNDS PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SECTOR DEFICIT PUBLIC SERVICE REPRESENTATIVES REVENUE CAPACITY REVENUE COLLECTION SOCIAL SERVICES STATE ENTERPRISES STATE OWNED ENTERPRISES STATE-OWNED ENTERPRISES TECHNICAL ASSISTANCE TREASURY PUBLIC EXPENDITURES PUBLIC FINANCE CAPACITY CONSTRAINTS POLITICAL POWER GOVERNANCE APPROACH PUBLIC ACCOUNTING INSTITUTION BUILDING REGULATORY FRAMEWORK PRUDENTIAL REGULATIONS ACCESS TO INFORMATION INFORMATION MANAGEMENT REPORTING SYSTEMS POVERTY REDUCTION STRATEGIES PUBLIC RESOURCES MANAGEMENT FINANCIAL SYSTEMS AUDITING STANDARDS PROCUREMENT REFORM POLICY DONOR FINANCE PUBLIC SECTOR MANAGEMENT BUDGET MANAGEMENT
65
0

Attachments [ 0 ]

There are no files associated with this item.

More Details

Washington, DC
Africa | Zambia
2013-07-29T21:39:11Z | 2013-07-29T21:39:11Z | 2003-11

The challenges faced by Zambia in public expenditure management (PEM) have been longstanding, and will require targeted efforts, as well as a strong degree of political will to address. The recently launched constitutional review, which includes issues of public finance, the anti-corruption campaign of the new Government, and the renewed interest by Parliament in governance issues, and accountability have all been encouraging steps. Nevertheless, for Zambia to assure that public accountability is enduring, and not dependent upon the Government of the day, it must take steps to strengthen institutions of the State that can provide public oversight, and that promote basic checks and balances. This report provides a very detailed analysis of the country's PEM, and accountability processes. Yet, many of the recommendations are not new, but have been cited in previous reports of the Bank, and/or other donors. Effective implementation of public sector reforms will likely remain a challenge in Zambia. The limited capacity of Government suggests the need to target a few major aspects of public finance, and to address them persistently: improving compliance with existing regulations; strengthening the oversight institutions of the State; promoting public access to information; and, rebuilding information management, and reporting systems. The report also deals with the second objective of the Poverty Reduction Strategy Paper (PRSP), i.e., with ways and methods by which the Government can ensure efficient, equitable, and transparent management of public resources. It also focuses on the dimension of governance, i.e., the effectiveness of government to be able to provide public services. The specific objectives of the report are to: (a) provide a comprehensive and integrated assessment of Zambia's overall fiduciary risk, i.e., budget management, financial systems and auditing, and public procurement; (b) document PEM reforms progress to-date, and challenges facing Zambia; and, (c) develop a realistic action plan, outlining short and medium term remedial measures, which the Government should implement with donor support.

Comments

(Leave your comments here about this item.)

Item Analytics

Select desired time period