Public Financial Management Award

Evaluation

100% automatic, from the data and evidence you submit

Minimum score to win

70 / 100

Measurement period

The government’s financial year 2025 (approved budget and final accounts or approved preliminary actuals); timeliness of annual accounts is measured on the financial year 2024 accounts, the latest completed set

Who can apply

• A ministry of finance, public treasury or government budget body, or an initiative run by one of them
• The 2025 budget approved through the constitutional or legal process
• Officially approved outturn data for financial year 2025 available

Indicators and weights

1. Expenditure outturn deviation

   Absolute difference between total actual expenditure and total expenditure in the original approved budget, as a percentage of the approved amount (PEFA PI-1)

   20%
   Show points and evidenceHide

   Points

   • ≥ 15 % 15
   • 10 – < 15 % 45
   • 5 – < 10 % 75
   • 0 – < 5 % 100

   Evidence

   Approved budget law and the final accounts or official outturn report

2. Revenue outturn deviation

   Absolute difference between total actual revenue and revenue estimated in the original budget, as a percentage of the estimate (PEFA PI-3)

   15%
   Show points and evidenceHide

   Points

   • ≥ 10 % 15
   • 6 – < 10 % 45
   • 3 – < 6 % 75
   • 0 – < 3 % 100

   Evidence

   Budget law and the final accounts or actual revenue report

3. Key budget documents published

   Number of the eight documents used by the Open Budget Survey published on time: pre-budget statement, executive’s budget proposal, enacted budget, citizens budget, in-year reports, mid-year review, year-end report, audit report

   15%
   Show points and evidenceHide

   Points

   • 7.5 – < 8 items 100
   • 5 – < 7.5 items 75
   • 3 – < 5 items 45
   • 0 – < 3 items 15

   Evidence

   Links to the documents on the official website with their publication dates

4. Expenditure arrears

   Stock of overdue unpaid government payment obligations at year end as a percentage of total expenditure (PEFA PI-22)

   15%
   Show points and evidenceHide

   Points

   • ≥ 10 % 10
   • 6 – < 10 % 40
   • 2 – < 6 % 70
   • 0 – < 2 % 100

   Evidence

   Arrears report certified by the treasury or the audit institution

5. Treasury single account coverage

   Share of central government and budget-funded entity cash balances consolidated in the treasury single account at year end

   15%
   Show points and evidenceHide

   Points

   • 90 – < 100 % 100
   • 75 – < 90 % 80
   • 50 – < 75 % 50
   • 0 – < 50 % 20

   Evidence

   Statement of government accounts at the central bank and commercial banks at year end

6. Timeliness of annual accounts

   Months after the end of financial year 2024 until that year’s final accounts were submitted for external audit (PEFA PI-29); if not yet submitted, the months elapsed until nominations open

   10%
   Show points and evidenceHide

   Points

   • ≥ 9 months 10
   • 6 – < 9 months 40
   • 3 – < 6 months 70
   • 0 – < 3 months 100

   Evidence

   Transmittal letter of the 2024 final accounts to the audit institution, with its date

7. Electronic government payments

   Share of the value of government payments (salaries, suppliers, transfers) executed electronically through the integrated government financial system

   10%
   Show points and evidenceHide

   Points

   • 95 – < 100 % 100
   • 80 – < 95 % 80
   • 60 – < 80 % 50
   • 0 – < 60 % 20

   Evidence

   Report from the government financial system showing payments by channel

Each indicator gives 0 to 100 points; its share of the total is its weight. Ties are decided by the indicators listed first in the scorecard; payment or package never affects the score.

1. Done

   Nominations open

   26 October 2026 · 13:10

2. Upcoming

   Nominations close

   27 November 2026 · 01:10

3. Upcoming

   Judging starts

   27 November 2026 · 01:11

4. Upcoming

   Judging ends

   4 December 2026 · 13:00

5. Upcoming

   Results announced

   4 December 2026 · 13:10

Times are in Asia/Riyadh (UTC+03:00).