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Description
Over the past few decades, governments and development agencies alike have invested
enormous financial and human resources into automating public financial management
(PFM) systems, and often the results have been less than hoped. Governments have had
difficulty implementing systems, and have not achieved desired functionality. And
development partners have invested large sums of money, only to find systems delayed in
implementation, having limited impact, and often with real challenges to the sustainability
of the systems.
On December 2-4, 2007, the International Consortium of Governmental Financial
Management (ICGFM) held a two-day workshop in Washington DC entitled "Use of
Financial Management Information Systems (FMIS) to Improve Financial
Management and Accountability in the Public Sector". The conference goal was to
share current thinking on Public Financial Management (PFM) system automation, and
provide practical advice to those concerned with PFM implementation.
12 Pages