Performance-Based Budgeting and Medium-Term Expenditure Frameworks in Emerging Europe
In recent years, governments in many regions have adopted a wide range of reforms to make fiscal policies more consistent and effective over the medium-term and emphasize the impact of policies and spending. Two reforms - performance budgeting (PBB...
| Main Authors: | , |
|---|---|
| Language: | English en_US |
| Published: |
Washington, DC
2013
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2009/01/16303041/current-issues-fiscal-reform-central-europe-baltic-states-2008-performance-based-budgeting-medium-term-expenditure-frameworks-emerging-europe http://hdl.handle.net/10986/12517 |
| Summary: | In recent years, governments in many
regions have adopted a wide range of reforms to make fiscal
policies more consistent and effective over the medium-term
and emphasize the impact of policies and spending. Two
reforms - performance budgeting (PBB) and medium-term
expenditure frameworks (MTEF) - have been central elements
in improving the management of public finances. Both of
these budget reforms have been on the agenda of most new
European Union (EU) Member States and candidate countries.
Six of these countries have been selected for this study:
Bulgaria, Croatia, Latvia, Poland, Slovakia, and Turkey
(Emerging Europe). The main purposes of this study were to
(1) compile a comprehensive stock-take of the implementation
of major budget reforms, including MTEF and PBB in
particular; (2) identify the lessons from these experiences,
including the constraints faced by these countries and some
of their major challenges for the future; and (3) enable
these and other countries in the region to better understand
and compare these experiences and to identify some of the
good practices and ideas they have developed in implementing
PBB and MTEF reforms. The country reports and analysis
contained in this study were based on responses to a
questionnaire filled out by World Bank experts, mostly in
close consultation with the relevant national authorities.
Finally, the study recognizes that although the MTEF and PBB
reforms adopted in these in six countries are far from
complete, however, these Emerging Europe countries are, to
varying degrees, now taking significant steps down a
worthwhile path. |
|---|