World Bank's Public Financial Management Review

The World Bank's Public Financial Management (PFM) Review is an assessment of how a country's government manages its public funds—covering budgeting, spending, and financial reporting. It evaluates whether financial resources are used effectively, transparently, and in ways that support development goals. The review identifies strengths and weaknesses in financial practices, offering recommendations to improve efficiency, accountability, and governance. Ultimately, it helps countries optimize the use of taxpayer money and public resources to promote economic growth, reduce corruption, and ensure funds contribute meaningfully to societal well-being.