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Budgeting and Financial Management have been at the core of economic reform programs in most nations around the world. These have also been the principle instruments of transformation and restructuring of the public sector in several countries. With the growing challenges of budgetary crises and fiscal shocks, the need for enhanced budget processes and innovative financial management techniques are increasingly felt in developing countries and transition economies. |
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Program on Budgeting and Financial Management in the Public Sector Budgeting and Financial Management have been at the core of economic reform programs in most nations around the world These have also been the principle instruments of transformation and restructuring of the public sector in several countries With the growing challenges of budgetary crises and fiscal shocks the need for enhanced budget processes and innovative financial management techniques are increasingly felt in developing countries and transition economies
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