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Reforming Budget System Laws

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Description:The outcomes of the budget process depend heavily on whether there are clear rules for formulating, executing, and reporting on the annual budget, as well as a clear statement of medium-term fiscal policy objectives. These rules are usually specified in a budget system law (BSL)—or set of laws—that provides guidance for the different steps of budget processes and specifies the budget responsibilities of the key actors. This guidance note focuses on the key questions to be raised when there is a proposal to revise or replace an existing BSL. This note addresses the following main issues:• Why adopt a new law relating to the budget system?• What is the relationship between the budget system law, the constitution and the wider legal framework?• How should a budget system law be adapted to a country’s political arrangements?• How should the respective roles of the executive and legislative be reflected in the budget system law?• What should be included in a budget system law, and what should be excluded, for the various stages of annual budget processes?We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Reforming Budget System Laws. To get started finding Reforming Budget System Laws, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Pages: 22

Format: PDF, EPUB & Kindle Edition

Publisher: International Monetary Fund

Release: —

ISBN

Description: The outcomes of the budget process depend heavily on whether there are clear rules for formulating, executing, and reporting on the annual budget, as well as a clear statement of medium-term fiscal policy objectives. These rules are usually specified in a budget system law (BSL)—or set of laws—that provides guidance for the different steps of budget processes and specifies the budget responsibilities of the key actors. This guidance note focuses on the key questions to be raised when there is a proposal to revise or replace an existing BSL. This note addresses the following main issues:• Why adopt a new law relating to the budget system?• What is the relationship between the budget system law, the constitution and the wider legal framework?• How should a budget system law be adapted to a country’s political arrangements?• How should the respective roles of the executive and legislative be reflected in the budget system law?• What should be included in a budget system law, and what should be excluded, for the various stages of annual budget processes?We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Reforming Budget System Laws. To get started finding Reforming Budget System Laws, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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Reforming Budget System Laws

Reforming Budget System Laws

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