Frans Ronsholt of the PEFA Secretariat (Public Expenditure and Financial Accountability) described how government performance can be monitored. PEFA was created because it was difficult to determine whether Public Financial Management (PFM) systems were improving results.
The PEFA Framework consists of 31 indicators that can help to improve the performance of PFM systems from budget preparation to audit. International public sector standards from the International Public Sector Accounting Standards Board ( IPSAS) and the International Standards of Supreme Audit Institutions (ISSAI). The Framework has been used by over 90 governments with an increase in sub-national evaluations.
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