| | Instruments | |
Level of | coverage | PERs | = Public Expenditure Reviews (World Bank) |
| | = Complete or substantial | CFAAs | = Country Financial Accountability Assessments (World Bank) |
| = Partial or moderate | CPARs | = Country Procurement Assessment Reports (World Bank) |
| = Little or none | Fiscal ROSCs | = Reports on the Observance of Standards and Codes of Fiscal |
| | | | Transparency (IMF) |
| | | HIP AAPs3 | = HIPC Public Expenditure Tracking Assessments and Action Plans |
| | | | (World Bank-IMF) |
| | | EC audits | = European Commission audits |
| | Subcomponent is covered by the instruments guidelines and regularly featured in assessment reports |
✓ | Subcomponent is not covered by the instruments guidelines but is often featured in assessment reports |
Component/subcomponent | PERs | CFAAs | CPARs | Fiscal ROSCs | HIPC AAPs | EC AUDITS |
Expenditure transfers to subnational governments | | | ✓ | | | ✓ |
Revenue authority and borrowing rights of subnational governments | | ✓ | ✓ | ✓ | | |
Relations between government and nongovernment entitles | | | | | |
Scope of government fiscal targets and consistency with government finance statistics | | | | | | |
Central bank independence | | | | | | |
Clarity of distinction between government and public enterprises | | | ✓ | | | |
Clarity of reporting of government equity holdings | | | | | | |
Clarity and openness of formal regulation of private sector | | | ✓ | | | |
Government structure | | | | | | |
Type of government (presidential, parliamentary, and so on) | | ✓ | ✓ | ✓ | | ✓ |
Cabinet arrangements (powers of prime minister, ministry of finance, and line ministries) | | ✓ | | | | |
Organizational structure of ministries and agencies with financial responsibilities | | | ✓ | | | ✓ |
Arrangements for civil service management | | | ✓ | | | |
Second tier organizations (directorates, agencies, autonomous bodies) | | | ✓ | | | ✓ |
II. Expenditure programming and budget preparation | | |
Budget coverage | | | | | | |
Budget classification and consistency with government finance statistics | | | | | | ✓ |
Extrabudgetary funds and earmarked revenues | | | ✓ | | | |
Quasi-fiscal activities | | | | | | |
Contingent liabilities | | | | | | |
Tax expenditures | ✓ | | | | | |
User fees | | | | | | |
Donor funding | | | | | | |
Transfers to and from public enterprises | | | ✓ | | | |
Expenditure analysis | | | | | | |
Fiscal sustainability | | | | | | |
Composition of expenditures | | | | | | |
Analysis of mandatory and discretionary spending | | | | | | |
Review of public investment programs | | | | | | ✓ |
Intersectoral analysis | | | | | | |
Intrasectoral analysis | | | | | | |
Efficiency and effectiveness of expenditure programs | | | | | | |
Expenditure incidence and poverty impact | | | | | | |
Analysis of deviations of actual from budgeted expenditures | | | | | | |
Assessment of payment arrears | | | | | | ✓ |
Fiscal framework and expenditure programming | | | | | |
Macroeconomic framework and fiscal outlook | | ✓ | | | | |
Revenue projections | | | | | | |
