The document summarizes a workshop session from the 2008 International Consortium on Governmental Financial Management conference in Washington. The session aimed to discuss challenges and opportunities for public financial management (PFM) reforms with participants sharing experiences from their countries and regions. Key discussion questions focused on obstacles to successful PFM reform, elements needed before beginning reforms, sequencing of reforms, and measuring the benefits of PFM reform.

1. International Consortium on Governmental Financial Management (ICGFM) 2008 Washington Conference PARTICIPANT WORKSHOP SESSION Presenter: Christian Sottie, Ghana

2. Main Objectives: 1. To provide participants with a forum to share PFM reform challenges and opportunities in the context of their countries / regions 2. To discuss challenges and priorities put forth by presenters, and identify issues related to the implementation of PFM reforms that have not been addressed during the conference Participant Workshop Group 1

3. Questions for Discussion: - What are the greatest obstacles to PFM Reform success? - What key elements must be in place before you begin reforms? - Is there a preferable sequence of reforms? - How do you measure the benefits of PFM reform? Participant Workshop Group 1

6. Is there a preferable sequence of reforms? There is no specific sequence that fits all. Should be country specific. Some reforms build on prior reforms. Participant Workshop Group 1

7. How do you measure the benefits of PFM reform? Has aggregate fiscal control improved and been sustained? Have resources been allocated to high priority areas? Is there improved service delivery, including value for money? Is there stronger macroeconomic performance? Country should be in a position to wean itself from Donor support. Participant Workshop Group 1