PEFA (Public Expenditure and Financial Accountability)

PEFA (Public Expenditure and Financial Accountability) is a framework used to assess how effectively a government manages its public finances. It evaluates key areas like budget planning, revenue collection, spending quality, transparency, and internal controls. By providing a clear picture of financial strengths and weaknesses, PEFA helps governments improve financial management, policy decisions, and service delivery. It’s a tool that promotes accountability and ensures public funds are used efficiently and responsibly.