Archived Documents

Program Documents

PFMP Fact Sheet

This fact sheet lists key information about the PFMP including program focus, program partners and management arrangements.


PFMP Monitoring & Evaluation Framework

The Monitoring and Evaluation (M&E) Framework for the Philippines-Australia Public Financial Management Program (PFMP) was approved by the Program Steering Committee in December 2012.

The Framework outlines the Program’s theory of change and the results that the Program intends to help the Government and civil society achieve.  The approach to M&E involves using a range of tools to provide robust analysis that not only describes the achievements and progress of the Program, but explains the reasons for progress (or lack of progress). The PFMP system will also assist the Government to meet its M&E requirements as it implements its Philippines PFM Reform Roadmap.

The Framework is supported by an M&E system that provides more detailed indicators and related analytical tools.  The main M&E product under PFMP is the Annual Program Accomplishment Report, prepared in January each year.


PFMP Program Design Document

Improving public financial management (PFM) is central to the Philippines’ achieving its development goals.  Progress on economic growth, poverty reduction and key social indicators has not been as fast over the past decades as government, the public and development partners had hoped or expected.  Speeding up progress will require, amongst other things, a transparent and credible system to manage public resources so there is informed decision-making and effective provision of public goods and services.


PFMP Subsidiary Arrangements

The Subsidiary Arrangements explains the understandings, intentions, responsibilities, and contributions of the Governments of Australia and the Philippines in regard to the implementation of the PFMP.

Accomplishment Report

Updated July 2016


This is the fourth Annual Program Accomplishment Report of the PFMP that discusses the progress and achievements of the Program during 2015. An updated Program Strategy was adopted for PFMP at the beginning of 2015 that emphasised a more incremental approach with regard to information systems, and a sharper focus on refining and fully operationalising other reforms already introduced. The focus shifted to helping the Government start to generate benefits from the application of its new PFM tools in practice. Progress during the year was solid – at the Department of Budget and Management (DBM), the PFMP assisted with further refinements to performance budgeting through PREXC and implementation of the Two Tier Budgeting Approach, developed the Budget Cycle Analytics Tool (BCA), developed and scoped the Budget and Treasury Management System, and supported the implementation of the PFM Certificate Program. It also continued to provide support to the Bureau of the Treasury (BTr) in managing Contingent Liabilities and enhancing the Government’s engagement with civil society organisations in monitoring public expenditure. 



This is the third Annual Program Accomplishment Report of the PFMP that discusses the progress and achievements of the Program during 2014. A mid-term review of PFMP was conducted at the start of 2014 which recommended for the continuation of the Program. The PFM Reform Roadmap was also updated during the year, and a new Results Framework for PFMP was developed to mirror the new Roadmap that is consistent with the recommendations of the mid-term review. The year was a milestone for the implementation of the Roadmap as it saw the implementation of three key reforms for budget execution – the Unified Accounts Code Structure (UACS), the Treasury Single Account (TSA), and the Performance-Informed Budgeting (PIB). Moreover, the year also saw the incorporation of two new initiatives into the reforms – the establishment of the Office of the Comptroller General for Government and the drafting of a PFM Bill. 




This is the second Annual Program Accomplishment Report of the PFMP that discusses the progress and achievements of the Program during 2013. Highlights for the year are - the Government’s adoption of the Unified Account Code Structure (UACS) for the preparation of the 2014 budget; completion of the design of the Treasury Single Account (TSA) in early 2013 with the remainder of the year focused on setting up the systems and processes required to begin implementation; the finalisation of tender specifications for the Government Integrated Financial Management Information System (GIFMIS) following validation exercises with Government agencies; the development of the first “performance-informed budget” that incorporated performance (output) information into the budget; and the development of a design for the PFM Competency Framework. The Program also completed support to the Department of Public Works and Highways (DPWH) to rollout the Electronic New Government Accounting System (eNGAS) and Electronic Budget System (eBudget) to its 206 offices, provided support to the Department of Social Welfare and Development (DSWD) to implement improvements to its internal audit and risk management functions; assisted to improve the internal audit function of the Department of Education (DepED) and conduct GIFMIS-readiness activities, and funded the delivery of eight training modules to support the roll-out of the Philippine Government Internal Audit Manual (PGIAM). 



This is the first Annual Program Accomplishment Report of PFMP that analyses progress achieved during the Program’s first full year of operations. The Report shows that 2012 was a successful year for the Government and for the Program, with significant progress achieved in designing central elements of the reforms.  The challenge for 2013 will be to maintain reform momentum as the reforms move into the implementation stage.


Six-Monthly Program Update

PFMP Update - September 2015

This report outlines PFMP's substantial contribution in almost all areas of PFM reform. Throughout the reforms, Australia has provided a range of technical advice, training, policy dialogue, project management resources, and process facilitation across many issues. PFMP's approach has been very responsive to GOP's needs, and has now helped the government reach a point at which the benefits of the reforms are beginning to become visible.



This first Six-Monthly Program Update reports on the PFMP’s progress up to September 2012. It provides a brief implementation update, focusing on highlights of activity delivery and any issues impacting implementation. The report was delivered at the third PSC meeting held last 3 December 2012.


Action Plans



The 2013 Annual Action Plan (AAP) is the principal planning instrument for the Philippines–Australia Public Financial Management Program (PFMP). It outlines program priorities and activities to be funded for the year. The Program Steering Committee approved the 2013 AAP at its 3rd meeting on 3 December 2012.


PFMP Annual Action Plan 2011 - 2012

The Annual Action Plan outlines the program priorities and activities to be funded in a given year and is the principal planning instrument of the program. The Program Steering Committee, at its inaugural meeting on 8 Novemeber 2011, approved the Annual Action Plan 2011 - 2012.




PFMP Civil Society Engagement Strategy

The PFMP’s Civil Society (CS) Engagement Strategy acts as a framework for the program’s assistance to CS engagement in Public Financial Management (PFM). With emphasis on the government’s role to engage with and respond to citizen’s needs, the strategy addresses the three key themes of a) the effective implementation of CS engagement; b) policy development leading to institutionalize mechanisms for participation; and c) access to information, knowledge sharing and public awareness.

Underlying the strategy is the need to institutionalize and sustain processes and mechanisms for CS engagement beyond the distinctive commitment of President Benigno Aquino III to social accountability, so that constructive CS interaction with government may continue beyond 2016.


Related Documents


Executive Order No. 55

Executive Order No.55 was issued by President Benigno Aquino III on 6 September 2011 directing the integration and automation of government financial management systems.  It provided a clear mandate for the inter-agency PFM Committee comprised of the Commission on Audit, Department of Budget and Management, and Department of Finance/Bureau of the Treasury.


Good Governance and Anti-Corruption Cluster Plan 2012 - 2016

This plan presents the 34 initiatives that comprise the plan of the Good Governance and Anti-Corruption Cabinet Cluster of the Philippines Government, which was approved by President Benigno Aquino III on 3 January 2012.  The commitments of the Philippines Government to the multi-country Open Government Partnership are also included in the Cluster Plan, and these are identified as such in the matrix.  The Cluster Plan is intended to be a living document where new initiatives may be included and targets further improved.


Philippine PFM Reform Roadmap: Towards Improved Accountability and Transparency, 2011 - 2015

This Road Map outlines the comprehensive PFM reform agenda of the Philippines Government that seeks to clarify, simplify, improve and harmonize the financial management processes and information systems of the public sector.  The desired result is that the national government is able to perform its functions of maintaining fiscal discipline, fund allocation efficiency and operational efficiency for effective delivery of public services.


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