High-Level Summary Technical Assistance Reports

The High-Level Summary Technical Assistance Report series provides high-level summaries of the assistance provided to IMF capacity development recipients, describing the high-level objectives, findings, and recommendations.

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2024

December 30, 2024

Maldives: Mainstreaming Climate Change into Public Financial and Investment Management Green PFM and Climate PIMA

Description: An IMF Team assessed the green public financial management (PFM) practices, drawing on the IMF’s Green PFM framework, and conducted a Climate Module of the Public Investment Management Assessment (C-PIMA) in the Maldives. It identified strengths related to the recent public investment management (PIM) reforms, but also several remaining priorities along the budget and investment cycle in the Maldives that affect the efficiency, and its capacity to respond to climate change-related challenges. The mission team makes six priority recommendations in integrating climate change considerations in PFM and PIM practices, prioritized based on the country's capacity, financial resources, and ongoing reform initiatives.

December 30, 2024

Togo: Public Investment Management Assessment - PIMA and Climate PIMA

Description: An IMF team conducted a Climate Public Investment Management Assessment (C-PIMA) in Togo. The analysis identified emerging good practices for an effective management of public investment from a climate perspective, but also identified weaknesses throughout the public investment cycle that affect efficiency and effectiveness of infrastructure delivery in the face of climate change related challenges. The mission team identified seven high priority recommendations to improve public investment management from a climate change perspective.

December 30, 2024

Papua New Guinea: Climate Public Investment Management Assessment – CPIMA

Description: An IMF team conducted a Climate Public Investment Management Assessment in Papua New Guinea. This analysis identified some emerging areas of effectiveness related to management of public investment from a climate perspective, but also identified many key weaknesses throughout the public investment cycle that affect efficiency and effectiveness of infrastructure delivery in the face of climate change related challenges. The mission team identified three urgent priority and eight high priority recommendations to improve public investment management from a climate change perspective.

December 30, 2024

Zambia: Data Quality Assessment for Public Sector Debt Statistics (September 30–October 4, 2024)

Description: In October 2024, an assessment was undertaken of the data quality of the public sector debt statistics (PSDS) of the Republic of Zambia against the IMF’s Data Quality Assessment Framework (DQAF) for PSDS. The assessment was undertaken as part of a project to strengthen the quality of public sector debt in select African countries, funded by the Government of Japan. The mission reviewed the PSDS compilation and dissemination practices against each element of the DQAF and presented a series of recommendations to improve the quality and transparency of the PSDS of the Republic of Zambia.

December 27, 2024

Barbados: Public Investment Management Assessment - PIMA and Climate PIMA

Description: An IMF team conducted a Public Investment Management Assessment (PIMA) and Climate PIMA in Barbados. The country is recognized as a global leader on climate issues and has various initiatives underway to strengthen climate resilience. The climate agenda is not yet adequately integrated in PIM practices, specifically in project appraisal, selection, maintenance and procurement.

December 27, 2024

Panama: Fiscal Transparency Evaluation

Description: An IMF team found that Panama has a cash-based system of budgeting and accounting that generates good information on many aspects of public finances. There are, however, many weaknesses in the system which diverge from the sound practices included in the Fund's Fiscal Transparency Code. Panama's ratings are lower than those of regional comparators, especially in the area of fiscal risks. The team developed high-priority recommendations to improve Panama's fiscal transparency principles.

December 27, 2024

Guatemala: Assessing Public Investment Management – PIMA and Climate Change PIMA

Description: In order to improve the efficiency of their capital investment and improve the access of the population to high-quality infrastructure, the Finance Ministry and the Planning general secretariate SEGEPLAN requested an IMF mission to apply: (i) the public investment management assessment (PIMA) methodology, developed by the Fiscal Affairs Department (FAD), to identify strengths and weaknesses in Guatemala’s public investment management and (ii) the Climate PIMA (C-PIMA) module to ensure climate change mitigation and adaptation are appropriately addressed in the public investment cycle. The mission proposed an action plan to improve public investment management.

December 27, 2024

Honduras: Public Investment Management Assessment – PIMA and Climate PIMA

Description: An IMF team conducted a Public Investment Management Assessment including the module on climate change in Honduras. It identified strengths related to the recent reforms in the National Public Investment System of Honduras (SNIPH), but also several weaknesses along the investment cycle that affect its efficiency, and its capacity to respond to climate change related challenges. The mission team identified six high-priority recommendations to improve public investment management, including from a climate change perspective.

December 27, 2024

Mongolia: Ministry of Finance Macroeconomic Framework Technical Assistance: Scoping Mission Report

Description: Further to Mongolia's Ministry of Finance (MOF) request, an assessment mission was carried out from May 24 to June 2, 2023. The mission reviewed the needs, capacity and constraints for the development of institutional macroeconomic forecasting capacity at the Financial and Fiscal Research Department (FFRD). Notably, despite FFRD's ambitious goals in fiscal policymaking, a comprehensive macroeconomic framework for analysis, forecasting, and assessing fiscal policy's macroeconomic impact is not yet in place. The action plan and logical framework is centered around capacity development and customization of the Comprehensive Adaptive Expectations Model (CAEM) to the Mongolia economy. This note summarizes the main findings and action plan agreed on for the project.

December 24, 2024

Paraguay: Public Investment Management Assessment – PIMA and Climate PIMA

Description: An IMF team conducted a Public Investment Management Assessment including the module on Climate Change in Paraguay. The team identified strengths related to the recent reforms in the National Public Investment System (SNIP) and several weaknesses along the investment cycle that affect its efficiency. It identified ten high-priority recommendations that could improve PIM processes.

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