Budgeting in the Philippines:

This profile offers a general overview of the Philippine system of budgeting at national level. Special characteristics of the Philippine budget process are examined, such as a commitment to fiscal discipline and the national planning function. The three steps of the annual budget formulation cycle...

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Bibliographische Detailangaben
1. Verfasser: Blöndal, Jón R.. (VerfasserIn)
Format: Elektronisch Buchkapitel
Sprache:English
Veröffentlicht: Paris OECD Publishing 2010
Schlagworte:
Online-Zugang:DE-384
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Volltext
Zusammenfassung:This profile offers a general overview of the Philippine system of budgeting at national level. Special characteristics of the Philippine budget process are examined, such as a commitment to fiscal discipline and the national planning function. The three steps of the annual budget formulation cycle are described: the development of economic assumptions and revenue forecasts; the use of a medium-term expenditure framework to assess the continuing costs of existing programmes; and identifying the resultant "fiscal space" through the Paper on Budget Strategy. The process for allocating resources is then described, including the "Budget Call", the submission and review of proposals, the role of the central ministry and the line ministries, and finally the role of Congress, constitutional restrictions, and the nature of executive-legislative relations
Beschreibung:1 Online-Ressource (22 Seiten) 19 x 27cm
DOI:10.1787/budget-10-5km7rqpf57hb

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