Federal Public Performance – Brazil (World Bank)

Brasil: Federal public financial management performance, by PEFA – a The World Bank´s initiative. The objective of this piece of work is to produce, at the Federal level, an assessment of the public financial management system and investment management efficiency…The Government of Brazil has successfully restored aggregate fiscal discipline through the use of fiscal rules, enhanced expenditure controls, and a high degree of fiscal transparency. The impact of the FRL is clearly perceptible in three of the six pillars of the PEFA assessment. From 14 indicators in theses three dimensions Brazil scored “A” in 11. (see PDF for download)