ICGFM Conference Polls

From 23rd Annual ICGFM conference in MiamiPolling provided thanks to Grant Thornton LLP

Discussion at http://icgfm.blogspot.com/2009/05/public-financial-management-key-to.html

In what region of the world do you normally reside?

1. Africa2. Europe3. Asia/Pacific4. North America5. South America

1 2 3 4 5

50%

2%

15%

28%

5%

May 2008 – BBC Headline “Oil Prices May Hit $200 a barrel”What was the peak oil price since then and what is the price today?

1. $210 peak, $40 today2. $145 peak, $56 today3. $127 peak, $40 today4. $175 peak, $45 today

1 2 3 4

12%

24%

17%

47%

May 2008 Headline – “IMF cuts global growth forecast after credit crisis”What did the IMF predict for global growth one year ago and what does it predict today?

1. +2%, +.5%2. +2.7%, -.5%3. +3.3%, -1%4. +3.7%, -1.5%

1 2 3 4

24%25%

29%

22%

How long do you believe it will take before the global economy begins to grow again?

Six MonthsOne YearTwo YearsMore than Two Years

1 2 3 4

3%

54%

23%21%

Does your country face some of the same deficits and challenges that the US faces?

YesNoUncertain

1 2 3

72%

12%16%

Do you believe that government financial management professionals have an important role to play in stating the facts and speaking the truth in connecting with key government financial issues?

YesNoUncertain

1 2 3

92%

4%5%

Are you willing to do your part to promote government responsibility and accountability today in order to create a better tomorrow?

YesNoMaybe

1 2 3

33% 33%33%

Do you believe the G20 has taken sufficient steps to resolve the crisis?

1. Yes2. No3. Uncertain

1 2 3

6%

24%

70%

Should the path to renewal growth be a return to pre-crisis robust growth, or should the world embark on a fundamentally different path?

1. Yes, emphasis should be on growth recovery2. No, new investments should aim at sustainable, green global growth.3. Other

1 2 3

21%

9%

70%

Are reform of IMF and World Bank necessary before providing those with more resources to deal with the crisis?1. Yes2. No3. Don’t Know

1 2 3

57%

13%

30%

Do you agree or disagree that there should be an international capital markets regulator with authority above national regulators?

1. Agree2. Disagree3. Uncertain

1 2 3

56%

12%

32%

Do you believe your government would relinquish power to regulate capital markets to an international regulator?1. Yes2. No3. Maybe

1 2 3

17%13%

70%

Is your country facing a local banking crisis?

1. Yes2. No3. Uncertain

1 2 3

39%

2%

59%

Did the financial crisis impact your domestic financing of infrastructure?

1. Positive impact2. Negative impact3. Unknown

1 2 3

15% 17%

68%

Are PPPs an important source of finance for public infrastructure in your country?

1. Yes2. No3. Unsure

1 2 3

41%

14%

44%

What do you think is the main reason PPPs are adopted?

1. Value for money2. Risk transfer3. Source of finance4. To privatize5. Political reasons6. Other

1 2 3 4 5 6

5%

15%

2%

23%

15%

40%

Do you think your government adequately communicates with your local media concerning economic events?1. Yes2. No3. Uncertain

1 2 3

26%

6%

67%

Do you think your local media adequately reports on economic events in your country?

1. Yes2. No3. Uncertain

1 2 3

20%

5%

74%

If your country receives donor funding, have you seen a change since the economic crisis?

1. We have seen an increase in donor commitments2. No change3. We have seen a decrease in donor commitments

1 2 3

8%

39%

53%

Do you believe your government does a good job of utilizing and coordinating donor aid?

1. They do a good job2. They do an inadequate job3. Uncertain

1 2 3

22%

10%

68%

Is your country using recommendations and good practices that emerge from international conferences on Public Finance?1. Yes, we integrate many recommendations2. No, we tend not to incorporate them3. Uncertain

1 2 3

63%

20%18%

Does your government effectively keep citizens informed about public spending?

1. Yes2. No3. Uncertain

1 2 3

44%

1%

55%

Is your government’s lack of effectiveness due to:

1. Lack of will2. Lack of know how3. Lack of resource4. Other

1 2 3 4

62%

8%

17%14%

Which of the following statements would best describe your country’s efforts towards PFM Reform1. We have a formal program of public financial management reform2. We are developing a formal program3. We do not have a formal program but we intend to introduce reforms soon4. We do not plan to have a formal program nor will we be introducing reforms soon5. Do not know/Does not apply

1 2 3 4 5

68%

16%13%

0%3%

What factors/issues influenced your country’s decision to implement public financial management reform?1. Increase involvement/awareness of citizens2. Improve effectiveness of budget expenditure3. Increase transparency of government operations4. Improve accountability to government and business stakeholders5. To meet requirements from the donor community6. Other7. Do not know/Does not apply

1 2 3 4 5 6 7

6%

26%

30%

4%

1%

9%

24%

What is the most important resource that your government needs in order to accomplish its goals for PFM reform?1. Technical assistance

2. Loans3. Donor-coordinated trust funds4. Legal frameworks5. Training for employees6. Exchange programs7. Automated financial management systems8. Other9. Do not know/does not apply

1 2 3 4 5 6 7 8 9

13%

4% 4%

11%

4%5%

24%

3%

32%

If Technical Assistance was selected for the previous question, what type of TA is your government’s PFM priority?

1. Country system diagnostic work2. Budget preparation3. Budget execution4. Accounting and financial reporting5. External oversight6. Information access7. Reforms at the national level8. Reforms at the sub-national level9. Implementation of an integrated Financial Management Information System0. Other

1 2 3 4 5 6 7 8 9 10

9%

5%

9%

10%

3%

33%

5%

10%

16%

0%

The IMF defines transparency in government operations as: Openness toward the public at large about government structure and functions, fiscal policy intentions, public sector accounts, and projections. Do you agree with this definition?1. Yes2. No3. Unsure

1 2 3

33% 33%33%

Does your legislative branch (Parliament) have independent budget expertise?

1. Yes2. No3. Unsure

1 2 3

38%

1%

60%

Is your country enacting a stimulus spending bill to counter the economic conditions?

YesNoUnsure

1 2 3

38%

3%

60%

Has a PEFA assessment been carried out in your country?

1. Yes2. No3. Unknown

1 2 3

36%34%

30%

Have you personally been involved in the PEFA assessment work?

1. No2. Yes, as an assessment team

member3. Yes, as a supervisor or

report reviewer4. Yes, providing information to

the assessment team

5. Yes, as a user of the final assessment report

1 2 3 4 5

67%

15%

8%10%

0%

Do you believe that the use of the PEFA Framework could have a positive impact on PFM reform in your country?1. Yes2. No3. No opinion

1 2 3

72%

6%

22%