1. PFM FOR SERVICE DELIVERY
RASHID IBRAHIM
WELCOME ADDRESS

2. PFM FOR SERVICE DELIVERY
THEMES OF PFM CONFERENCE 2014
The importance of openness and transparency
Operating across political divide
Partnerships are crucial
Important institutions need to improve their skills
Develop political will and culture in effecting reforms in financial oversight
Look for objective measures to succeed
Importance of simplicity and persistence

3. PFM FOR SERVICE DELIVERY
RECOMMENDATIONS FROM PFM CONFERENCE 2014
Instigate strong political will for the development of an effective PFM
Establish a Government Accounting Standards Board
Transformation of all PSEs and MDAs
Establish strong cash flow management system
Revenue collection mechanism based on judicial and equitable norms
Effective debt management mechanism
Effective budget management system through cash management
Budgets should be reflective of long term policies
Creation of a Supreme Audit Institution
Fill gaps and loop holes wherever required in regulations

4. Thank You