Abstract
Countries have invested significant resources over the past 25 years in automating public financial management (PFM) processes. The World Bank alone has lent over US$2.2 billion for investment in public sector financial management information system (FMIS) projects.2 While the pace of this investment may vary year to year, significant sums will continue to be spent on FMIS and related information communication technology (IT) projects as technology advances and business needs change. Paralleling this investment, the literature on FMIS reforms has increased sharply, documenting the many painful lessons along the way. 3Drawing primarily on public sector experiences, this chapter situates FMIS projects within the broader context of PFM reforms and provides strategic guidance for practitioners on the design and implementation of an FMIS.KeywordsFinancial ManagementFinancial TransactionInformation Communication TechnologyLine MinistryFinancial Management SystemThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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