Digital Solutions Guidelines for Public Financial Management

By Lorena Rivero del Paso, Sailendra Pattanayak, Gerardo Uña, Hervé Tourpe

October 6, 2023

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Format: Chicago

Lorena Rivero del Paso, Sailendra Pattanayak, Gerardo Uña, and Hervé Tourpe. Digital Solutions Guidelines for Public Financial Management, (USA: International Monetary Fund, 2023) accessed December 18, 2024

Disclaimer: This Technical Guidance Note should not be reported as representing the views of the IMF. The views expressed in this Note are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

The Digital Solutions Guidelines for Public Financial Management (Guidelines) are intended to serve as a comprehensive reference material for the assessment, design, and improvement of digital initiatives in the public financial management (PFM) area. To support the digital transformation of PFM functions, the Guidelines are structured around three Pillars – Functional, IT Architectural, and Governance and Management. Each pillar comprises six principles, which are further broken down into one to four attributes to promote more efficient and transparent PFM operations while fostering innovation and managing digital risks. These Guidelines also allow a graduated approach to digital transformation of PFM through three levels of maturity for each Attribute – foundational, intermediate, and advanced – to help take into account country-specific contexts and capacities in digital transformation strategies.

Subject: Budget execution and treasury management, Budget planning and preparation, Expenditure, PFM information systems, Public financial management (PFM), Revenue administration, Technology

Keywords: Budget execution and treasury management, Budget planning and preparation, Digital Transformation, Digitalization, Financial Management Information Systems, Global, GovTech, IMF Library, Manuals 2023/07, Open Data, PFM function, PFM information systems, Public Financial Management, Solutions guidelines implementation tool, Title page

Publication Details

Pages:

69
Volume:

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DOI:

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Issue:

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Series:

Technical Notes and Manuals No. 2023/007
Stock No:

TNMEA2023007
ISBN:

9798400251566
ISSN:

2075-8669

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