IMF Staff Country Reports

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

June 10, 2014

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Botswana: Technical Assistance Report-Introducing a Medium-Term Expenditure Framework, (USA: International Monetary Fund, 2014) accessed September 18, 2024

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.

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

Keywords: Africa, Bottom-up expenditure forecast, Budget planning and preparation, Budget year, Capital expenditure, Contingency reserve, CR, Cross-government prioritization, Development expenditure estimate, Expenditure ceiling, Expenditure ceiling process, Expenditure discipline, Expenditure forecasting, Expenditure limit, Expenditure priority, Fiscal policy, Global, Government financial assets, ISCR, Macroeconomic and fiscal forecasts, Medium-term budget frameworks, Policy option, Recurrent budgets, Southern Africa, Spending allocation, Spending policy option, Sub-Saharan Africa

Publication Details

  • Pages:

    69

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2014/162

  • Stock No:

    1BWAEA2014001

  • ISBN:

    9781498302166

  • ISSN:

    1934-7685