Reforming Budget System Laws

Author/Editor:

Ian Lienert ; Israel Fainboim Yaker

Publication Date:

February 3, 2010

Electronic Access:

Free Full Text (PDF file size is 134 KB).Use the free Adobe Acrobat Reader to view this PDF file

Disclaimer: This Technical Guidance Note should not be reported as representing the views of the IMF. The views expressed in this Note are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

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.

Series:

Technical Notes and Manuals No. 2010/01

Notes:

Full text also available in Spanish

English

Publication Date:

February 3, 2010

ISBN/ISSN:

9781462394937/2075-8669

Stock No:

TNMEA2010001

Price:

$10.00 (Academic Rate:$10.00)

Format:

Paper

Pages:

20

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