Launching of the Public Expenditure and Financial Accountability Program
The Public Expenditure and Financial Accountability (PEFA) Program launching took place on Wednesday 25th February 2014 in Lamana, Port Moresby, officiated by the Acting Secretary for Department of Finance, Dr. Ken Ngangan.
The PEFA program is an initiative of the UNDP and Australian Aid’s Provincial Capacity Building (PCaB) Program. The meeting was witnessed by members of Central Government Agencies, including Mr. Munare Uyassi, Secretary for the Department of Provincial and Local Level Government, Ms. Betty Palaso, Commissioner General for the Internal Revenue Commission, representatives from the World Bank, Australian Government, the United Nations and senior Finance officials. In his opening address, Dr Ngangan called for a country led coordinated approach to conducting assessments and implementing their recommendations, a coordinated program of support between development partners and the Government sighting shortfalls in meeting PFM reforms under the Paris Declaration. He challenged donors to harmonise their resources using existing Government systems. Secretary Munare in declaring the launching of the program called for improvement of financial control mechanisms particularly with respect to service delivery in the provinces, districts and local level governments.
He welcomed development partners to harmonize their resources to help strengthen PFM systems. It was widely acknowledged by Development Partners that PEFA would draw on development support towards the assessments in terms international and regional support from practicing PFM & PEFA specialists. The PEFA National Management Committee is comprised of Central Agencies – Departments of Finance, Treasury, National Planning and Monitoring, Provincial and Local Level Government Affairs, Personnel Management, Prime Minister & NEC as well as the Internal Revenue Commission and the Auditor Generals’ Office.