Reforming Budget System Laws /

This paper discusses the need for reforming budget system laws (BSLs). 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...

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Bibliographic Details
Main Author: Fainboim Yaker, Israel
Other Authors: Lienert, Ian
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:Technical Notes and Manuals; Technical Notes and Manuals ; No. 2010/001
Online Access:Full text available on IMF
Description
Summary:This paper discusses the need for reforming budget system laws (BSLs). 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 BSL. This paper analyzes the relationship between the BSL, the constitution, and the wider legal framework. It also discusses how a BSL should be adapted to a country's political arrangements.
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Physical Description:1 online resource (20 pages)
Format:Mode of access: Internet
ISSN:2075-8669
Access:Electronic access restricted to authorized BRAC University faculty, staff and students