PublicationsReport

Exposing systemic weaknesses in PFM: COVID-19, opportunities for reflection and impetus for functional reform

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The COVID-19 pandemic, like the Ebola crisis six years earlier, has reiterated how crucial public financial management (PFM) systems are for effectively responding to health crises through i) mobilising funds from ex-ante and new sources of financing; ii) timely disbursement of said funds to new programmes, healthcare facilities, extra-budgetary funds, and vulnerable populations through social transfers; and iii) monitoring and audit of the use of these funds. The COVID-19 pandemic has also acted as something of a stress test for PFM systems and provides an opportunity to reflect on underlying challenges in PFM systems in African countries.

Year: 2021 Theme: COVID-19, Health PFM Language: English

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