1 / 6

Strengthening Budget Execution

Strengthening Budget Execution. Fruits of Experience. PUBLIC EXPENDITURE MANAGEMENT BENCHMARKING AND PEER LEARNING WORKSHOP Marriott Hotel, Warsaw, Poland April 2-5, 2006 . Why is budget execution important?. Budget credibility Manage Spending and Revenues to budget

olaf
Download Presentation

Strengthening Budget Execution

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Strengthening Budget Execution Fruits of Experience PUBLIC EXPENDITURE MANAGEMENT BENCHMARKING AND PEER LEARNING WORKSHOP Marriott Hotel, Warsaw, Poland April 2-5, 2006

  2. Why is budget execution important? • Budget credibility • Manage Spending and Revenues to budget • support choices of elected officials • allow budget to be planning and steering tool • promote macrofiscal discipline • reduce opportunities for corruption • Enable program implementation • assure resources flow to programs • allow budget to be aid to operational efficiency through spending unit advance planning, efficient administration • enable program managers to achieve objective

  3. Common Problems in Budget Execution - Symptoms • Large deviations between approved budget and actual spending • Policy and planning undermined • Spending above approved levels • Cash shortfalls, arrears • Sometimes with cash surpluses elsewhere • Cash management supporting central treasury needs, but ignoring service delivery needs • Project cost increases • Undermining program performance • Weak internal controls, with waste, fraud and abuse • Insufficient record-keeping, inability to audit • Untimely reporting, inability to manage spending • Insufficient auditing, no self-correction to system

  4. Issues for today • Issue 1: Expenditure control, cash management, and service delivery • Issue 2: Modern information technology and budget execution • Session guidelines • 40 minutes per question • 5-10 minutes for wrap-up • Panelists: 5 minute limit

  5. Issue 1: Expenditure control, cash management, and service delivery • What major problem encountered and reform undertaken to • enhance control over expenditure • enhance cash management and planning • be responsive to line ministry and program needs • Have these solved the problem? Why or why not? • Experts: what other lessons or experiences

  6. Issue 2: Modern information technology and budget execution • How your government uses financial management information systems (FMIS) in managing the budget? • Benefits and limitations of current system • What lessoned learned in implementing the current system? • Obstacles, challenges, solutions • Future development • What advice to give others embarking on reform?

More Related