Public financial management reform

Service type: Public finance
Country: Cambodia

ASI provided an External Advisory Panel to asses the impact of the World Bank and donor partner sponsored Public Financial Management Reform Programme. The project included an assessment of a Merit Based Pay Initiative, tax reform, public expenditure management reform, budgeting processes, and procurement policy. A final report was produced identifying successes and failures to date in the programme and suggesting ways forward. Staff spent several weeks in Cambodia meeting with high level Finance Ministry and other government officials. The final report was presented to the Senior Minister of Economy and Finance, other ministry officials, the IMF, World Bank, and key donors at a PFM reform working group retreat.
Following this, ASI was requested by the Royal Government of Cambodia to perform a public expenditure review of the fiscal and treasury functions. Under this project our advisor identified expenditure bottlenecks at the treasury, central bank, and provincial treasuries. We also provided solutions to solving these bottlenecks focusing on the eventual installation of a FMIS. Finally, ASI was engaged to draft the tender documents for the FMIS on behalf of the RGC and World Bank.