Introducing Financial Management Information Systems in Developing Countries

33 Pages Posted: 3 Mar 2006

See all articles by Jack Diamond

Jack Diamond

International Monetary Fund (IMF) - Fiscal Affairs Department

Pokar Khemani

International Monetary Fund (IMF) - Fiscal Affairs Department

Date Written: October 2005

Abstract

In the past decade, developing countries (DCs) have been encouraged to reform their public expenditure management systems and have increasingly embarked on major projects to computerize their government operations. Most popular among these have been projects to computerize government accounting and payment operations, by introducing government financial management information systems (FMISs). This paper investigates the reason for almost universal failure to implement and sustain FMISs in DCs. It starts with a review of the "received wisdom" in implementing these projects, and then analyzes problems in its application in the DC context to identify key factors to explain why FMIS projects have been so problematic. Based on the identified negative factors, suggestions for addressing them are offered in the hope of improving success rates.

Keywords: Financial Management Information System (FMIS), Public Expenditure Management, Functionality

JEL Classification: E6, M4, O5

Suggested Citation

Diamond, Jack and Khemani, Pokar, Introducing Financial Management Information Systems in Developing Countries (October 2005). IMF Working Paper, Vol. , pp. 1-33, 2005. Available at SSRN: https://ssrn.com/abstract=888065

Jack Diamond (Contact Author)

International Monetary Fund (IMF) - Fiscal Affairs Department ( email )

700 19th Street, NW
Washington, DC 20431
United States

Pokar Khemani

International Monetary Fund (IMF) - Fiscal Affairs Department ( email )

700 19th Street, NW
Washington, DC 20431
United States

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