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Public Finance

Public Finance
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Opening Budgets to Improve Accountability

Join the World Bank, INCITEGov, the Open Budget Initiative and the Open Knowledge Foundation from January 27 - February 13 in a conversation about Open Budgets and innovative ways to use open budget data for poverty alleviation. Read more >>

Public Expenditure & Financial Accountability

The Public Expenditure & Financial Accountability (PEFA) was founded in December 2001. It is a partnership between World Bank, the European Commission, the IMF, and the governments of France, Norway, Switzerland and the United Kingdom.

BOOST logo

BOOST strengthens public expenditure policy outcomes and accountability by improving the quality of expenditure data, facilitating rigorous expenditure analysis and improving fiscal transparency. BOOST draws detailed government expenditure data from government financial management information systems and creates easy-to-use databases. Expenditure data can be combined with information on public institutions, service delivery and households to allow assessment of the efficiency and effectiveness of public spending. The ease of access and preparation of analytical reports supports decision-making for the purposes of planning, budgeting, monitoring and evaluation.

Two globes

The Public Expenditure Reviews (PERs) explore how national authorities can use public spending to address development challenges and achieve their policy goals. PERs typically examine the sustainability of public expenditure, the alignment between expenditure allocations and policy objectives and the means by which the authorities can improve the efficiency and effectiveness of public spending.

Publications and Research
External Sources

Focus Areas
public finance in region
Public Finance in Regions

Over two-thirds of OECD countries now include performance informataion in their budget documents. The World Bank works with developing countries to strengthen the link between budgets, outputs, and outcomes.

Work in Progress
PREM Notes
Featured Events
Video Platform Video Management Video Solutions Video Player

Public financial management reforms in post-conflict countries: Synthesis report

Video Platform Video Management Video Solutions Video Player

OECD Global Forum: Public expenditure management reform

Contact Us

Our Public Finance experts include: Nicola Smithers, Jay-Hyung Kim, Munawer Sultan Khwaja, Cem Dener, Jonas Frank.

Send us an email at

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