Description:
The 2008 Public Expenditure Management
and Financial Accountability Review (PEMFAR) assess
Liberia's public expenditure performance along four
main dimensions: macroeconomic, institutional, allocations
between sectors, and allocations within key sectors. At the
macroeconomic level, it describes the external economic
constraints and opportunities that will drive growth and
revenue mobilization over the medium term and determine the
likely fiscal envelope (chapter one). It next reviews the
institutional structures that guide and ensure appropriate
resource allocation and assesses the strength and weaknesses
of the current systems using a standardized public
expenditure and financial accountability scoring system
(chapter two). It then assesses how public expenditure has
been allocated between sectors and priorities (chapter
three). It lastly reviews the allocation of resources within
two priority sectors, health and education (chapter four).