A recipient country‐centered approach to framing digital financial management information systems

Developing countries have commonly adopted financial management information systems developed by prominent international organizations or developed countries to modernize their fiscal functions. However, these systems face limitations in effectively meeting the specific needs of recipient countries and maintaining their built‐in functionalities. This field report aims to investigate the module based adoption of South Korea's Integrated Financial Management Information System as a customized strategy that aligns with the demands and capacities of recipient countries. The implications of this report provide practical pathways to integrate the push for modernization efforts of donor countries and the pull for localization goals of recipient countries, improving the effectiveness of financial management systems in developing countries and promoting self‐sufficiency and adaptability.