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) 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.

Bibliographic Details

Main Authors:	Kąsek, Leszek, Webber, David
Language:	English en_US
Published:	Washington, DC 2009-01
Subjects:	ACCOUNTABILITY, ACCOUNTABILITY STRUCTURES, ACCOUNTING FRAMEWORK, ACCRUAL ACCOUNTING, ADMINISTRATIVE STRUCTURE, AGGREGATE EXPENDITURE, ANNUAL BUDGET, APPROPRIATION, APPROPRIATIONS, ASSETS, AUDIT OFFICE, BANK POLICY, BEST PRACTICES, BUDGET ALLOCATION, BUDGET CIRCULAR, BUDGET CLASSIFICATION, BUDGET CYCLE, BUDGET DECISIONS, BUDGET DEPARTMENT, BUDGET EXECUTION, BUDGET LAW, BUDGET MANAGEMENT, BUDGET PREPARATION, BUDGET REFORM, BUDGET REFORMS, BUDGET REQUESTS, BUDGET SYSTEM, BUDGET SYSTEMS, BUDGETARY FUND, BUDGETARY FUNDS, BUDGETARY INFORMATION, BUDGETARY PERFORMANCE, BUDGETARY REFORM, CAPITAL EXPENDITURES, CAPITAL PROJECTS, CIVIL SERVICE, CIVIL SERVICE REFORM, CONFIDENCE, CURRENT EXPENDITURES, DEBT, DEBT FINANCING, DEBT MANAGEMENT, DEBT SERVICING, DECENTRALIZATION, DECISION-MAKING, EBF, EDUCATION PROGRAM, EMERGING ECONOMIES, EXPENDITURE ALLOCATIONS, EXPENDITURE PROGRAMS, EXPENDITURES, FINANCIAL INFORMATION, FINANCIAL MANAGEMENT, FINANCIAL MANAGEMENT INFORMATION, FINANCIAL MANAGEMENT INFORMATION SYSTEM, FINANCIAL POLICY, FINANCIAL STATISTICS, FISCAL BALANCE, FISCAL DISCIPLINE, FISCAL FRAMEWORK, FISCAL POLICY, FISCAL PROJECTIONS, FISCAL REFORM, GOVERNMENT EXPENDITURE, HUMAN DEVELOPMENT, INFLATION, INFORMATION SYSTEMS, INFORMATION TECHNOLOGY, INTERNATIONAL DEVELOPMENT, JUDICIARY, LAWS, LEADERSHIP, LEVY, LIQUIDITY, LIQUIDITY MANAGEMENT, MEDIUM-TERM EXPENDITURE, MEDIUM-TERM EXPENDITURE FRAMEWORK, MEDIUM-TERM EXPENDITURE FRAMEWORKS, MEDIUM-TERM FISCAL, MEDIUM-TERM FISCAL PLAN, MINISTER, MINISTERS, MINISTRY OF FINANCE, MONETARY FUND, MONETARY INCENTIVES, NATIONAL INVESTMENT, PENSION, PERFORMANCE BUDGETING, PERFORMANCE BUDGETING REFORM, PERFORMANCE CULTURE, PERFORMANCE INDICATOR, PERFORMANCE INDICATORS, PERFORMANCE INFORMATION, PERFORMANCE MANAGEMENT, PERFORMANCE MANAGEMENT FRAMEWORK, PERFORMANCE MEASURES, PERFORMANCE REPORTS, PERFORMANCE TARGETS, POLICY DECISION, POLICY OBJECTIVES, PORTFOLIO, POVERTY REDUCTION, POVERTY REDUCTION STRATEGY, PROGRAM ASSESSMENT, PROGRAM ASSESSMENT RATING TOOL, PROGRAM BUDGETING, PROGRAM CLASSIFICATION, PROGRAM EFFECTIVENESS, PROGRAM IMPLEMENTATION, PROGRAM MANAGERS, PROGRAM PERFORMANCE, PROGRAM REVIEWS, PROGRAM STRUCTURE, PROVISIONS, PUBLIC, PUBLIC EXPENDITURE, PUBLIC EXPENDITURE MANAGEMENT, PUBLIC FINANCE, PUBLIC FINANCE MANAGEMENT, PUBLIC FINANCIAL MANAGEMENT, PUBLIC SECTOR, PUBLIC SECTOR ENTITIES, PUBLIC SECTOR PERFORMANCE, PUBLIC SECTOR REFORM, PUBLIC SERVICE, PUBLIC SERVICES, REFORM AGENDA, RESERVE, ROLLING PLAN, STRATEGIC PLANS, SUB-NATIONAL, TAX, TAX REVENUE, TRANSPARENCY, TREASURY, WAGE POLICY,
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 https://hdl.handle.net/10986/12517
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