Public Financial Management Risk Assessment Framework (PFMRAF) Manual

A Mandatory Reference for ADS Chapter 220

New Edition Date: 07/28/2014
Responsible Office: M/CFO
File Name: 220mae_072814

Overview

The PFMRAF is designed to assess not only the PFM environment of the partner country government, but also governance and public accountability factors, including legal and regulatory matters, as well as political will for non-corrupt, transparent, accountable, and effective governance. Since sound PFM is an indispensable element of governance and public accountability, these issues are examined and where shortcomings are noted, potential mitigation measures identified.