Introduction

This note presents a series of charts which provide an overview of Antigua and Barbuda’s recent public financial management (PFM) performance based on this country’s 2014 Public Expenditure and Financial Accountability (PEFA) assessment. Comparisons are made between Antigua and Barbuda’s performance and the performance of the other twenty-three countries that had PEFA assessments published in 2014-2015. All analyses have been prepared using results reported from using the 2011 PEFA methodology.

Overall PFM performance

Individual country PFM performance has been determined by applying the following points scale to reported individual performance indicator (PI) scores as presented in Table 1. No points were allocated to PIs that were not scored because either data was unavailable, a D score was given or the PI was not applicable.

Table 1: PI scoring methodology

PEFA PI score	Points allocated
A	3
B+	2.5
B	2
C+	1.5
C	1
D+	.5
D	0

The graph in Figure 1 below shows Antigua and Barbuda’s overall score was ranked 23rd out of the twenty-four countries.

 Figure 1: Aggregate PEFA scores for 24 countries

Details of the distribution of overall country scores across PFM performance categories, as determined by PFMConnect, are presented in Table 2. Antigua and Barbuda’s overall score was 17 points.

Table 2: Distribution of country PFM performance levels

PFM performance	Overall Scores	Number of countries
Very strong	66.37-84	0
Strong	49.57-66.36	8
Moderate	32.77-49.56	7
Weak	15.97-32.76	8
Very weak	0-15.96	1
Total		24

Antigua and Barbuda’s overall PFM performance is classified as “weak”.

PI performance

The graph in Figure 2 below shows the scores for Antigua and Barbuda’s individual PIs compared with the average score recorded for each PI across the twenty-four PEFA assessments we have studied. Please note that no scores were recorded for the top nine indicators in Figure 2 as one indicator was not assessed (PI-15) and the other eight indicators  ( PI-3, PI-10, PI-16, PI-19, PI-21, PI-22, PI-23 and PI-28) were given D scores in the PEFA assessment.

 Figure 2: Antigua and Barbuda PI score comparisons

Download a pdf version of Figure 2 here (Antigua and Barbuda PIs) to review individual PI scores in more detail.

Twenty-seven PIs were assessed. One PI had a score equal to the country average whilst twenty-six PIs had scores below the country average.

Performance across key PFM activities

The graph in Figure 3 below shows the average scores for the six key PFM activities compared with the average score recorded for these activities across the twenty-four country PEFA assessments we have studied.

 Figure 3: Antigua and Barbuda key PFM activity comparisons

All six key PFM activities recorded scores below the country average.

PEFA ASSESSMENT

You can download the 2014 PEFA assessment for Antigua and Barbuda here.