Effective Performance Informed Budgeting

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IDB (2015) identifies four basic aspects of effective performance budgeting. First, performance information system should be established in the system of a government. Performance budgeting calls for incorporating performance information on results in the process of decision making about resource allocation. Offering performance information to the major players in the budget cycle is a very common first step in the move to performance-informed budgeting (Arizti, 2010). Second, policy makers should make sure that performance information can serve as input for allocation and using financial resources in the budget. Performance information in decision making is expected to improve expenditure prioritization and to influence their level of funding
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