The current Public Expenditure and Financial Accountability (PEFA) assessment of a country on three Pillars: Budget Reliability, Accounting and Finance, and External Scrutiny and Audit reveal the following scores.

1. Pillars
   Budget Reliability
2. Accounting and Reporting External Scrutiny and Audit

Indicators Scores

Aggregate expenditure outturn D Expenditure composition outturn D+ Revenue outturn C Financial data integrity D In-year budget reports D Annual financial reports D External audit B+ Legislative scrutiny of audit reports B+

You may refer to the PEFA framework https://www.pefa.org/resources for further explanations. 

Required:

1. Discuss the strengths and weaknesses in the public financial management of the country in relation to the three pillars under consideration. 

2. Recommend ways of consolidating the strengths and improving the weaknesses you have identified in question above.

Answer rating: 100% (QA)

Answer a PILLAR ONE Budget reliability PI1 Aggregate expenditure outturn Summary of scores and performance table IndicatorDimension Score Brief justification for score PI1 Aggregate expenditure outtur... View the full answer