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Transparency and accountability: Togo concludes and reveals its 3rd PEFA evaluation

07/11/2024
Source : ORISHAS FINANCE
Categories: Sectors

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Last Tuesday, Togo concluded and unveiled its third PEFA assessment (Public Expenditure and Financial Accountability). This assessment covered the period from 2019 to 2021.

The aim of the Togo PEFA report is to provide an objective and detailed analysis of the country's public financial management system. It highlights progress and areas in need of improvement. This assessment is carried out at the request of the country concerned every four years. It makes it possible to assess the transparency and accountability of the government towards its citizens. The results of the last evaluation show a significant improvement over the previous evaluation in 2016. While higher-than-average grades were rare in 2016, they have become the majority. Of the 31 indicators analyzed, 17 (or 55%) saw their score improve, attesting to the significant progress made by Togo in terms of public management.

The improvements are particularly noticeable in the initial phases of budget preparation, especially when it comes to budget reliability.

Selon, le ministre de l' Économie et des Finances, Essowè Georges Barcola qui exprimait sa satisfaction quant à cette troisième évaluation, “avec ce This third PEFA, Togo was particularly ambitious. This is an illustration of the priority given to these two dimensions in the implementation of public policy. In addition, it is a source of pride for our country because it was the first African state to achieve a PEFA integrating these two dimensions.”

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