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PIM Country Policy Profile Repository · Public Investment Management

About

The pim-pam.net Global Public Investment Management (PIM) Policies AI Repository provides a systematic online resource for the comparative review of de jure institutional contexts, as well as online decision support for core and climate-informed project preparation, resourcing, and delivery. The PIM Policies repository is a dynamic resource designed to capture all relevant national and, as pertinent, sub-national PIM policy guidelines.

The PIM Country Policy Repositories serve to (i) provide interactive AI-powered guidance to key PIM process participants (especially project proponents at national, sub-national, and state-owned levels), and (ii) provide a PIM policy comprehensiveness profile (benchmarked against global good practices).

The policy documents are organized within a three-tier hierarchy of policy guidance that a good PIM framework should have, as identified in Kim et al. (2020), PIM Reference Guide Chapter 3, specifically the InfraGov 2.0 Dimensions 9 Institutional Design and 1 (PIM Project Guidance). A fourth category is dedicated to strategies considered for project prioritization and alignment, organized into national (long versus medium term), sectoral, cross-cutting (e.g., climate), cross-cutting (e.g., other), and sub-national categories.

PIM Policy Document Classifications

A three-tier hierarchy plus a strategic alignment category.

Tier 1Primary Legislation— the "why" and "what"

The foundational legal authority for PIM, typically established through an Organic Budget Law, Public Finance Management Law, or a dedicated Public Investment Law. This tier sets the overall objectives and principles of public investment, establishes which entities are subject to the rules, and defines key concepts. It should be durable and not change frequently. In most countries, this is where the mandate for PIM is anchored — without this, the framework lacks legal force.

Tier 2Secondary Regulations / Decrees— the "who"

Regulations, decrees, or statutory instruments issued under the authority of Tier 1. They specify roles and responsibilities of different institutions (e.g., the Ministry of Finance, sector ministries, line agencies), set the rules of the process in more detail, and establish accountability and compliance requirements. They are more specific than primary legislation but still relatively high-level.

Tier 3Procedural Guidelines and Methodological Guidance— the "how"

Operational manuals, circulars, and technical guidelines that provide the practical step-by-step instructions for how to carry out appraisal, selection, implementation and evaluation of projects. This is where, for example, cost-benefit analysis methodology and project appraisal templates live. These can and should be updated relatively frequently as practice evolves.

Tier 4Strategies for Project Prioritization & Alignment

Strategy documents classified under Tier 4 are further categorized by the following strategy types:

  1. 1National (Longer Term, 5 Years+)
  2. 2Medium Term (3–5 years)
  3. 3Sectoral
  4. 4Cross-Cutting (Climate)
  5. 5Cross-Cutting (Other)
  6. 6Sub-National Strategy

Selected References

  • Kim, J.-H., Fallov, J. A., & Groom, S. (2020). Public Investment Management Reference Guide. Washington, DC: World Bank International Development in Practice, pp. 279.

    Open Knowledge Repository ↗
  • Manescu, C. B. (2024). The Planning of Public Investments in EU Member States: Long-Term Strategy, Selection & Budgeting Issues. Brussels: European Commission Directorate-General for Economic and Financial Affairs, European Economy Discussion Papers, 213, December, pp. 36.

    European Commission Publications ↗