This table provides metadata for the actual indicator available from Vanuatu statistics closest to the corresponding global SDG indicator. Please note that even when the global SDG indicator is fully available from Vanuatuan statistics, this table should be consulted for information on national methodology and other Vanuatu-specific metadata information.
| Definition |
Public Financial Management (PFM) is the system whereby financial resources are planned, directed and monitored for the efficient and effective implementation of public service objectives |
|---|---|
| Concept |
PFM systems are essential for effective and sustainable economic management and public service delivery |
| Rationale |
Effective delivery of public services is closely associated with poverty reduction and growth, and countries with strong, transparent, accountable PFM systems tend to deliver services more effectively and equitably and regulate markets more efficiently and fairly. |
| Sustainable Development Goal Indicator Alignment |
16.6.1 (Tier 1) |