Fiduciary risk assessment and roadmap for medium-term PFM reforms

Country: Colombia
Funder: French Development Agency
Years: 2025
Areas of expertise:  Finance for Development – Public Finance for Development 

The consultancy will support the Department of Valle del Cauca in strengthening PFM and mitigating fiduciary risk. It involves completing a full PEFA-based diagnostic by assessing 20 additional indicators to complement an initial evaluation that was already carried out by Mancala. Based on this comprehensive analysis, the consultant will develop a medium-term roadmap of priority PFM reforms to be implemented through 2027–2030. The process will include consultations with departmental leadership and technical teams to ensure the relevance and feasibility of the proposed reforms.

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