Pakistan: Report on Observance of Standards and Codes: Fiscal Transparency Module: An Update

International Monetary Fund

No 2008/129, IMF Staff Country Reports from International Monetary Fund

Abstract: This study was carried out in association with an FAD technical assistance mission on public financial management issues. It focuses on transparency aspects of fiscal management reforms reviewed by that mission as well as implementation of key report on observance of standards and codes recommendations. A strong legal framework for coordinating fiscal and debt management policies and improving fiscal transparency by Fiscal Responsibility and Debt Limitation Law (FRDL) was also established. The update assesses the impact of these reforms that are under way and suggests priorities for further transparency improvements. Pakistan Improvement to Accounting and Auditing (PIFRA) has been implemented recently.

Keywords: ISCR; CR; government; audit; policy; PIFRA; cross-government program; government holding; equity holding; c. government holding; a number of audit report; appointment authority; Budget planning and preparation; Auditing; Fiscal accounting and reporting (search for similar items in EconPapers)
Pages: 16
Date: 2008-04-15
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