Public Financial Management Reform 2018-2021 in Hashemite Kingdom of Jordan
- Jan 2018
- Ministry of Finance, Hashemite Kingdom of Jordan
- International
The strategy document presents our approach to reforming Jordan's financial management for the period 2018 - 2021. Embedded in the overall strategy of the Ministry of Finance and its related departments, it sets out the path for improving the government’s financial operations to enhance its suitability for achieving the desired fiscal and budgetary outcomes. At the same time, the strategy assumes an important role in ensuring external funding for reforms and reflects Jordan’s adherence to the new regulations for budget support. To ensure the strategy’s fit with fiscal policy objectives as well as the sustainability and quality of desirable outcomes, a specialized task force was mandated with setting up the PFM strategy. The approach taken accounts for the importance of building on previous achievements consistently, prioritizing reform areas objectively and measuring and monitoring progress continuously. To that purpose, the strategy draws on the methodology and assessment results of two internationally renown frameworks - Performance Indicators of the Public Expenditure and Financial Accountability (PEFA) and the Tax Administration Diagnostic Assessment Tool - to ensure the most effective and efficient utilization of resources.
