With the support of the Inter-American Development Bank, the Bahamas has enacted a program of activities to bring about effective and efficient allocation and management of public resources. Key Government functions have been evaluated using comprehensive assessment tools to establish an empirical performance baseline. Using these metrics, the Government will increase return on investment for public expenditure through more rigorous performance monitoring, increased availability of high quality statistical information and improved budget execution. The Public Financial Management and Performance Monitoring Reform Project will ensure Bahamian fiscal sustainability by improving the allocative efficiency of expenditure and strengthening planning and delivery capacity by improving the country’s investment program and public sector management.