by Cheryl Cashin, Danielle Bloom, Susan Sparkes et al.
WHO Health Financing Working Paper No. 4, 2017
In recent years, many countries have committed to universal health coverage (UHC) as a national policy priority. Since public funds are the cornerstone of sustainable financing for UHC in most countries, the public financial management (PFM) system – the institutions, policies and processes that govern the use of public funds – plays a key role. A strong PFM system can ensure higher and more predictable budget allocations, reduced fragmentation in revenue streams and funding flows, timely budget execution, and better financial accountability and transparency. The paper considers how PFM and health financing systems can be better aligned in support of UHC. It provides a framework for examining common challenges and offers strategies for addressing those challenges.