The latest Papua New Guinea (PNG) Public Expenditure and Financial Accountability (PEFA) assessment completed in August last year has been published. Scores for the various public financial management (PFM) performance indicators (PIs) were determined using both a new, so-called “testing” methodology and the existing 2011 methodology. Details of the scores are available in this spreadsheet [xls] … Continue reading Poor financial management in PNG: can it be turned around?
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