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Strengthening public financial management reform in pacific island countries

Research report

Written by Sierd Hadley

Image credit:Jigsaw pieces. José Miguel S | Flickr Image license:CC BY-NC-ND 2.0

The Pacific Financial Technical Assistance Center produced A public financial management roadmap for forum island countries (The Roadmap) in 2009. This document was adopted at the Forum Economic Ministers’ Meeting of the Pacific Island Forum as an agreed approach to Public Financial Management (PFM) reform in Forum Island Countries. The document established the need for regular Public Expenditure and Financial Accountability (PEFA) assessments and the development of PFM reform plans for Pacific countries based on PEFA assessments and other inputs. 

Five years on from the adoption of The Roadmap, this report examines experiences of PFM reform in two Pacific island countries in order to inform future improvements.This report does not assess current PFM systems in case study countries. Rather, it provides an analysis of previous experiences with PFM reforms, focusing on the research period 2010-2014. This report represents the conclusions of joint work between the World Bank, the New Zealand Ministry of Foreign Affairs and Trade, and the Australian Department of Foreign Affairs and Trade, and the Overseas Development Institute.

Tobias Haque, Vinayak Nagaraj, Richard Bontjer, Philipp Krause and Sierd Hadley