Public Financial Management

Public administration is increasingly recognized as a crucial fiscal policy tool in the public sector. The introduction of modern fiscal management techniques at all levels of government is needed to ensure that the three objectives of expenditure management (aggregate fiscal discipline, expenditure prioritization, and operational efficiency) are achieved. Fiscal management techniques that are becoming increasingly pertinent in developing and transition economies include placement of the budget process in the context of a medium term budget strategy, devolution of budget responsibilities, and the introduction of performance-based budget techniques.

 

Example Projects:

 

USAID India Fiscal Reform Assessment
In 2001, ICePP collaborated with USAID through the Chemonics Consortium to conduct a comprehensive fiscal reform assessment in India. This initiative supported USAID’s efforts to develop a new five-year development strategy by providing factual analysis and actionable recommendations. ICePP’s work focused on strengthening the fiscal management capabilities of selected state governments, addressing fiscal deficits, and enhancing overall governance at the state level.

 

Fiscal Analysis of Anambra State, Nigeria
ICePP conducted a detailed fiscal analysis of Anambra State to evaluate its capacity to undertake significant capital infrastructure projects, including developing a master plan for the Awka Capital Territory (ACT). The study examined the state’s tax structure, federal allocations, budget processes, fiscal management practices, and state-local fiscal relations.