Turkey - Public Expenditure and Institutional Review : Reforming Budgetary Institutions for Effective Government
This Public Expenditure and Institutional Review presents the findings of an analysis of the budget, and institutions of public expenditure management, and accountability, fundamental to policy decisions, and economic management. It builds on exten...
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| Language: | English en_US |
| Published: |
Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2001/08/1614785/turkey-public-expenditure-institutional-review-reforming-budgetary-institutions-effective-government http://hdl.handle.net/10986/15482 |
| Summary: | This Public Expenditure and
Institutional Review presents the findings of an analysis of
the budget, and institutions of public expenditure
management, and accountability, fundamental to policy
decisions, and economic management. It builds on extensive
analysis undertaken by the Special Ad Hoc Committee on
Fiscal Transparency, and Public Finance, and, the review
suggests that the current economic crisis is deep-rooted in
the institutions of collective decision making in
government, confirming that unless fundamental improvements
are made to the processes for formulating public policy,
allocating resources, and implementing budgets, any economic
recovery will almost certainly be fragile, and short-lived.
Thus, from the perspectives of system performance, and
structural and institutional aspects, an improved budgetary
system should enable the government to achieve aggregate
fiscal magnitudes, based on expenditures, sustained by tax,
and non-tax resources; the budget should generate the
adequate information to ensure funding of key policy
objectives; and, public accountability should generate
incentives to support performance objectives. The report
identifies aggregate fiscal management as a major weakness,
compromised by the significant growth of off-budget
activity, while the weakness of the budget system in terms
of ability to support decision-making, is equally
pernicious. A series of actions to restore fiscal discipline
are outlined for the short-term (2001), and initiatives for
a multi-year budget commencing in 2002 are included.
Recommendations include strengthening the aggregate fiscal
program management capacity; reviving policy formulation
capacity, and institutional framework to define budgetary
policy; and, initiating budget control devolution,
introducing a budget performance approach. |
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