Improving public sdctor accountability and results monitoring, the Peruvian Experience
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Transcript of Improving public sdctor accountability and results monitoring, the Peruvian Experience
IMPROVING PUBLIC SECTOR ACCOUNTABILITY AND RESULTS
MONITORING, THE PERUVIAN EXPERIENCE
Miami, May 2011
JUDICIAL BRANCH
JUDICIAL BRANCH
JUDICIAL BRANCH
PUBLIC BUDGET
PUBLIC RESOURCES
PUBLIC POLICIES
PUBLICAGENCIES
A CONSTITUTIONAL STATE NEEDS EFFICIENT, EFFECTIVE CONTROLS ON THE MANAGEMENT OF PUBLIC FUNDS .
Treasury Inspector's Office of the RepublicSupervises, watches and verifies public management
actions and results.
INTRODUCTION
Impact on the Citizens
PERUVIAN MACROECONOMIC CONTEXT AND PUBLIC
EXPENDITURES IN RECENT YEARS
GDP: 20 Years of Gross Domestic Product Growth
Mill
ions
of
US$
MACROECONOMIC CONTEXT
Source : CENTRAL RESERVE BANK OF PERU / INTERNATIONAL MONETARY FUND
275,720
70,493
5 years of accelerated growth: 2004-2008
GDP: 9 years of rates of change of GDP consistently above the global average
Peru (1)
World (2)
Source : (1)CRBP (2) IMF
MACROECONOMIC CONTEXT
GDP Per Capita: Sustained Growth Over the Last Decade
Projection for the next 3 years
Source : MINISTRY OF ECONOMY AND FINANCE
US$
MACROECONOMIC CONTEXT
Balance of Trade: Growth in Exports and Imports, with Trade Surplus
Mill
ions
of
US$
Source : CENTRAL RESERVE BANK OF PERU
Trade Surplus since 2002
MACROECONOMIC CONTEXT
INR: 20 Years of Sustained Growth in International Net Reserves (83.2 times increase over 1990)
Mill
ions
of
US$
Source : CENTRAL RESERVE BANK OF PERU
44,105
530
MACROECONOMIC CONTEXT
Domestic Demand: 20 Years of Sustained Growth in Domestic Demand
(2.6 times increase over 1990)
Mill
ions
of
US$
Source : CENTRAL RESERVE BANK OF PERU
217,833
82,264
MACROECONOMIC CONTEXT
Major Reduction in the Ratio of Public Debt / GDP
(%
) Public
Debt
/ G
DP
Source : CENTRAL RESERVE BANK OF PERU
MACROECONOMIC CONTEXT
Reduction in Inflation Rate Volatility
Before Application of the MEI With Application of the MEI
MACROECONOMIC CONTEXT
11 Years of Sustained Growth in Public Expenditures
Source: MINISTRY OF ECONOMY AND FINANCE
Mill
ions
of
US$
GOVERNMENT SPENDING
31,160
7,381
Increase in Capital Expenses as a Percentage of the Total Non-Interest Expenses of the Central
Government
Current Expenditures
Capital Expenditures
Source : CENTRAL RESERVE BANK OF PERU
GOVERNMENT SPENDING
INVESTMENT OUTLOOK
FAVORABLE CLIMATE FOR INVESTMENT
Ranking Country
1 Mexico
2 Peru
3 Colombia
4 Chile
5 Puerto Rico
World BankDoing Business 2011
Peru occupies the second place in the region in terms of national attractiveness for investments.
Country S&P Fitch Moody's
Chile A. A. Aa3
Mexico BBB BBB Baa1
Brazil BBB- BBB Baa3
Peru BBB- BBB- Baa3
Colombia BBB- BB+ Ba1
Venezuela BB- B. B2
Argentina B. B. B3
Bolivia B. B. B1
Ecuador B. B. Caa3
Investment Grade Rating
Source: Standard & Poor’s, Fitch Ratings and Moody’sUpdated April, 2011
FAVORABLE CLIMATE FOR INVESTMENT
Ranking Country Points
1 Peru 275,720
2 Colombia 275,720
3 Chile 275,720
4 Uruguay 275,720
5 El salvador 275,720
6 Bolivia 275,720
7 Brazil 275,720
8 Dom. Republic 275,720
9 México 275,720
10 Guatemala 275,720
Ranking Country Points
1 Peru 275,720
6 China 275,720
8 Switzerland 275,720
9 France 275,720
10 Holland 275,720
11 Mexico 275,720
17 Argentina 275,720
35 Brazil 275,720
39 Chile 275,720
41 Colombia 275,720
Ranking Country ECI
1 Peru 7,381
1 Uruguay 7,381
2 Chile 7,381
3 Brazil 7,381
4 Paraguay 275,720
5 Colombia 275,720
7 Argentina 275,720
8 Mexico 275,720
9 Bolivia 275,720
10 Ecuador 275,720
Source: Getulio Vargas Foundation in Brazil and the IFO Institute Germany. 2011
Source: World Economic Forum, The Financial Development Report 2009
Source: World Economic Forum, Benchmarking National Attractiveness for Private Investment in Infrastructure. 2007
Benchmarking National Attractiveness for Private Investment in Infrastructure.
World Benchmarking Macroprudential Indicators of Financial System Soundness.
Benchmarking Economic Climate Index (ECI) in Latin America
World Economic Forum Getulio Vargas Foundation
Conclusion
Within a context of economic growth and increased government spending, while promoting greater investment in the country, a decisive factor are the transparency and accountability mechanisms that contribute to the adequate oversight and monitoring of government management results, in order to translate ithe mprovements made in macroeconomic variables into improved social conditions for its population..
STRENGTHENING AND MODERNIZATION OF THE
TREASURY INSPECTOR'S OFFICE OF THE REPUBLIC
19
Vision •"To be recognized as an institution of excellence, that creates value and contributes to improving the quality of life of our citizens."
Mission •"To promote the development of an effective and modern system of public resource management that benefits all Peruvians."
Values •Honesty, Justice and Sound Judgement
DEFINING A NEW VISION, MISSION AND VALUES
20
DEFINING INSTITUTIONAL PROCESSES
Legal Management, Violations and
Sanctions
Management of Security
H.R. Management
Logistics Management
Financial Management
Academic Management
Documentary Management and
Administrative Support
ICT Management
MACRO PROCESSES OF THE MISSION
SUPPORT MACRO PROCESSES
Compliance AuditingCompliance Auditing
Financial AuditingFinancial Auditing
Management AuditingManagement Auditing
Citizen Participation and Transparency
Citizen Participation and Transparency
Rules and Regulations
Management
STRATEGIC MACRO PROCESSES
Quality Management
Environmental Management
Strategic Planning and Management
Control
Research and Development Management
PlanningSanctions
Management
A
C
T
I
O
NA
C
T
I
O
NM
onit
ori
ng N
eeds
and W
ants
of
the
Monit
ori
ng N
eeds
and W
ants
of
the
Cit
izens
and t
he G
overn
ment
Cit
izens
and t
he G
overn
ment
Sati
sfact
ion a
nd T
rust
of
the C
itiz
ens
and
the G
overn
ment
Planning and Action
Management
Information Intelligence
ManagementInternal Auditing
21
STRATEGY MAP 2011-2013
Vision Objectives
Mission Objectives
Enabling Steps
A. Achieve a high level of trust and support from the citizens.
B. Define, design and implement the New Plan for Monitoring and Fighting Against Corruption.
C. Define the Clients, Products and Services.
D. Reorganize, decentralize and integrate the Treasury Inspector's Office of the Republic.
E. Establish a new Model for Human Talent
Management.
F. Design and implement Policies,
Processes and Guidelines for the New
Monitoring Plan.
G. Obtain the Technology and
Information Systems to support the new
processes.
H. Secure adequate Infrastructure and an efficient scheme for
administrative support.
Promote the development of an effective and modern system of public resource management that benefits all Peruvians.
Be recognized as an institution of excellence, that creates value and contributes to improving the
quality of life of our citizens.
22
MODERNIZATION STRATEGY
ENSURING VALUE GENERATION FOR SOCIETY
Human Resources Human Resources ManagementManagement
Project ManagmentProject Managment Managment of TechnologiesManagment of Technologies
Working ClimateWorking Climate Process Re-EngineeringProcess Re-Engineering New ImageNew Image
Modernization of the National System of Monitoring
New Plan for
Monitoring
Organizational
Structure
Strategic
Alliances
Results-Based
Management
DeconceDeconcentrationntration
DecentraDecentralizationlization
Knowledge
Management
NewCulture
PER
UV
IAN
PER
UV
IAN
GO
VER
NM
EN
TG
OV
ER
NM
EN
T CIT
IZEN
S
22
23
THE NEW MONITORING PLAN
Integral Control
PreventivPreventive Controle Control
Product / Product / Client Client Focus Focus
SpecializSpecialized Auditsed Audits
Public Public Policy Policy
ComplianCompliance ce
EvaluatioEvaluationn
PerformaPerformance nce
AuditsAudits
IntelligenIntelligence and ce and
InformatiInformation on
AnalysisAnalysis
AdministAdministrative rative
SanctionSanctionssP
UB
LIC
R
ESO
UR
CES
DEV
ELO
PM
EN
T
AN
D
WELL-B
EIN
G
CONTRIBUTION WITH GOVERNMENT REFORM
CRITICAL FACTORS IN THE FIGHT AGAINST CORRUPTIONIntern
al Contro
l Process and
Project Manage
ment
Results-Based
Management
TranspareTransparencyncy
Accountability of Officials
Disseminating
Values
Public Agencies
GO
VER
NM
EN
T
MA
NA
GEM
EN
T MO
DER
N,
EFFIC
IEN
T
GO
VER
NM
EN
T
25
In the 2001-2010 period, of the total number of recommendations on administrative operations responsibility, sanctions were enforced in only 25.2% of the cases.In 2011, the Congress of the Republic granted sancitioning power to the Treasury Inspector's Office (CGR).
SANTIONING POWER
Treasury Inspector's Office of the Republic of
Peru
Miami, May 2011
THE NEW MANAGEMENT MODEL FOR THE
TREASURY INSPECTOR'S OFFICE OF THE REPUBLIC
29
MASTER PLAN FOR THE TREASURY INSPECTOR'S OFFICE OF THE REPUBLIC 2011-2013
NEW MANAGEMENT MODEL (TO BE)