The technical assistance identifies strengths in budget execution – including in the legal framework, digitalization, cash management and implementation of the Treasury Single Account (TSA) –and in fiscal responsibility and upstream investment planning but also highlights the need to continue reforms in these areas. The report emphasizes the need to extend and enhance the FMIS to improve cash balance visibility, automatic reconciliation and commitment recording; strengthen the identification and management of cash advances and public arrears; fully implement the TSA system; and develop a more active cash management.
International Monetary Fund. Fiscal Affairs Dept. (Wed,) studied this question.