Loading...
Recent Update:
Discussion program on the final draft of the third PEFA  assessment
Discussion program on the final draft of the third PEFA assessment
3rd PEFA Assessment  Progress update Program
3rd PEFA Assessment Progress update Program
3rd PEFA Assessment  Progress update Program
3rd PEFA Assessment Progress update Program
Than Prasad Pangyani

Than Prasad Pangyani

Coordinator

9851275618

tppangyani@yahoo.com

Gokul Banstola

Gokul Banstola

Member Secretary

01-4770706

gokul2063@gmail.com

About PEFA Secretariat Nepal

The Public Expenditure & Financial Accountability (PEFA) Secretariat has been established in 2008 to facilitate Public Financial Management (PFM) activities of the Government of Nepal. The Secretariat operates under the Ministry of Finance and is guided by the PFM Reform Steering Committee, chaired by the Secretary of Finance. It conducts periodic PEFA Assessments and initiates efforts to reform PFM policies, plans, and programs. Additionally, the Secretariat organizes seminars and workshops on various themes related to PFM reform, coordinating review meetings. It serves as a liaison with development partners, acting as a focal point for PFM-related activities in Nepal.

The PEFA Secretariat provides Technical Assistance and support to line ministries and departments for the implementation of PFM activities. It collects information on progress from federal governments agencies and subnational governments regarding program outcomes. The Secretariat produces both periodic and annual progress reports.

The PEFA Secretariat is headed by a Coordinator, with the Me

Read More...

PEFA Pillars

PEFA identifies seven pillars of performance in an open and orderly PFM system

Budget Reliability

1 Aggregate expenditure outturn
2 Expenditure composition outturn
3 Revenue outturn

Transparency of Public Finances

4 Budget classification
5 Budget documentation
6 Central government operations outside financial reports
7 Transfer to subnational governments
8 Performance information for service delivery
9 Public access to fiscal information

Management of Assests and Liabilities

10 Fiscal risk reporting
11 Public investment management
12 Public assets management
13 Debt management

Policy Based Fiscal Strategy and Budgeting

14 Macroeconomic and fiscal forecasting
15 Fiscal strategy
16 Medium-term perspective in expenditure budgeting
17 Budget preparation process
18 Legislative scrutiny of budget

Predictability and Control in Budget Execution

19 Revenue administration
20 Accounting for revenue
21 Predictability of in-year resource allocation
22 Expenditure arrears
23 Payroll controls
24 Procurement
25 Internal controls on non-salary expenditure
26 Internal audit

Accounting and Reporting

27 Financial data integrity
28 In-year budget reports
29 Annual financial reports

External Scrutiny and Audit

30 External audit
31 Legislative scrutiny of audit reports