Treasury management is one of the areas of public financial management (PFM) that has most improved over the last 20 years at the international level, when measured in terms of incorporating new practices and expanding the use of information technology. These efforts have been widely supported by technical assistance projects provided by international organizations (Dener, Watkins, and Dorotinsky, 2011). A specific set of performance indicators that adequately addresses the different aspects of good treasury management, however, has yet to be developed. This chapter, therefore, discusses and proposes a set of indicators for this area.

The Key to Efficiency and Transparency