IMF Staff Country Reports

Botswana: Technical Assistance Report-Introducing a Medium-Term Expenditure Framework

Publication Date:

June 10, 2014

Electronic Access:

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Summary:

This Technical Assistance Report focuses on Botswana’s Medium-term Expenditure Framework (MTEF). The Government of Botswana has committed to introduce the MTEF by 2016. The MTEF will provide a more explicit linkage between National Development Plan priorities and budget allocations by adopting a medium-term budgeting horizon. An MTEF model based on a binding nominal expenditure ceiling covering 100 percent of government expenditure is appropriate. To support the commitment to the resource allocations approved under the MTEF, a number of prioritization, control, and accountability arrangements need to be put in place.

Series:

Country Report No. 2014/162

Subject:

Budget planning and preparation Expenditure Fiscal policy Macroeconomic and fiscal forecasts Medium-term budget frameworks Public financial management (PFM) Recurrent budgets