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International Monetary Fund. Asia and Pacific Dept

to boost resources for carefully planned spending. 2. The authorities are making progress on public financial management reforms . Following the Article IV discussions, the authorities have communicated that the financial statements for FY2016/17 have been submitted for audit and published on the official website. They are continuing efforts to improve bank reconciliation and have engaged a consultant to map the financial management information system (FMIS) to support GFS reporting. Other work is continuing to improve internal audit, establish a Finance and