PEFA, the international organisation that sets standards for measuring the performance of Public Financial Management (PFM) worldwide, has published a new version of its Volume IV Handbook on Using PEFA to support Public Financial Management improvement. The forward-looking handbook represents the first attempt to go beyond pure performance evaluation. Instead, the emphasis is on the action plans that come after the evaluation.

The Basel Institute congratulates the Peruvian Ministry of Energy and Mines (MINEM) on the launch of its comprehensive Code of Ethics and Conduct for Staff.

Adopted on 2 August 2019, the document was developed according to guidelines published by the Basel Institute’s Peru team in the context of the Swiss SECO-funded Public Finance Management (PFM) strengthening programme.

As the initial phase of a four-year programme to strengthen Public Finance Management in Peru at a subnational level draws to a close, we are intensifying our efforts to consolidate the programme’s significant achievements and ensure their sustainability. Signed in 2015 by the Peruvian and Swiss governments, the four-year, USD 6 million programme is funded by the Swiss State Secretariat for Economic Affairs (SECO).

Six regional governments and five provincial municipalities in Peru are taking part in an ambitious global pilot to improve public financial management (PFM) for the benefit of their citizens.

Senior management and technical representatives from the 11 regions and municipalities – which have been receiving support from the Subnational PFM Programme funded by the Swiss SECO Cooperation and implemented by the Basel Institute’s Peru team – came together for an international workshop in the Peruvian capital Lima from 29–31 May 2019.

The story of José Velásquez, former student of the Public Finance Management Diploma of our SECO-funded Subnational Public Finance Management Programme in Peru, offers an insight into how smart initiatives to build capacity among public servants can have a real impact. José has won a scholarship to continue his studies at the University of Chile. He plans to return afterwards to his home country in order to apply his new skills and knowledge to improve public financial management processes in Peru.