MIami May 2011 ICGFM conference.

1. FreeBalance Surveys at ICGFM May 17, 2011

2. ICGFM Survey QuestionsTimor-leste presentation http://www.scribd.com/doc/55474940/Strengthening-Public-Financial-Management-through-Transparency-in-Timor-Leste

3. What transparency initiative is or would be the most beneficial for your country? Aid transparency Budget execution + financial reports Budget preparation + budget books Civil service transparency in hiring and salaries Revenue transparency – taxes, extractive industries

4. Icgfm survey questions during fmis presentation http://www.scribd.com/doc/55811268/World-Bank-Fmis-Study

5. How many projects were completed on budget? Under 1/3 Between 1/3 and 2/3 Above 2/3

6. World Bank found:82% Results showed more scepticism among ICGFM delegates

7. What factor most influences FMIS project failures? Complex project design/large # of procurement packages Inadequate capacity/training of project teams Inadequate ICT infrastructure Inappropriate technology Ineffective project coordination Lack of leadership commitment Lack of proper skills in project team Organizational structure poorly suited for integration Weak project preparation and planning

8. World Bank FMIS Results

9. Conclusions World Bank Results vs. ICGFM Poll Failure Factors World Bank study focused where a factor had impact – not size of impact, ICGFM survey was one choice Agreement on importance of capacity and training ICGFM delegates found leadership to be a more important factor World Bank study shows impact of project and IT

10. What is the most important FMIS success factor? Adequate preparation and clarity of design Close World Bank supervision External environment (uncontrollable) Flexible project management Focus on capacity building and training Good project management and coordination Pre-existing enabling environment (ICT, HR, accounting) Suitable political environment & committed leadership

11. World Bank FMIS Results

12. Conclusions World Bank Results vs. ICGFM Poll Success Factors World Bank study focused where a factor had impact – not size of impact, ICGFM survey was one choice ICGFM delegates seemed to rate the lack of capacity as a failure factor but capacity building was as critical a success factor Agreement on impact of leadership ICGFM delegates rated World Bank supervision lower than World Bank studies

13. What country listed in the case studies do you think had the best blended score (outcomes, sustainability, bank performance, borrower performance)? Albania Guatemala Mongolia Pakistan Turkey

14. World Bank Results

15. Conclusions World Bank Results vs. ICGFM Poll Case Studies Not all factors are equal ICGFM delegates predicted the order exactly in order Guatemala had highest borrower and bank performance Mongolia had highest outcome and sustainability rating

16. Icgfm Survey on world bank recommendations These recommendations did not have any weights in the report

17. What is the most important pre-requisite for FMIS success? Budget classification Development of a unified chart of accounts, integrated with budget classification Development of commitment control and monitoring mechanisms Establishment of cash management functions Establishment of secure countrywide communication network Preparation of system/data centers Presence of a core team of ICT specialists within PFM organizations Treasury single account operations

18. What is the largest barrier to making FMIS software sustainable? Civil servant capacity building Civil servant retention Costs of maintaining technical infrastructure: computers, networks, data centres, database software, virus protection etc. Costs to adapt software for reform Costs to maintain and upgrade FMIS software

19. Which recommendation do you think has the biggest impact on reliability + cost effectiveness of a FMIS? Using electronic payment systems Using digital/electronic signatures for all transactions Electronic document management Publishing budget execution and performance monthly Interoperability and reusability of the information system FMIS development and project management based on international standards Using Free/Open Source Software (FLOSS) in PFM applications

20. Which of the following options is the most critical success factor for a successful FMIS? Proper attention to capacity building and training plans Close World Bank supervision of the projects Strong leadership and a conducive political environment Flexibility in the way the project was designed and managed