Budget Policy and Management
The United States Department of the Treasury advises
ministries of finance and national budget bureaus on issues
related to budget policy and management. This assistance is
provided to aid countries with the transformation and
modernization of their resource allocation systems with a view
toward strengthening the effectiveness of the institutions and
the credibility of government budgetary decisions.
Modern public budget systems are founded on the principle
of a strong executive leadership that is accountable for
results. Treasury technical assistance incorporates this
principle along with technical best practices and strives to
ensure that government executives have the advantage of an
"executive budget system" that improves decision-making,
strengthens accountability for results, increases
transparency, and has effective parliamentary oversight.
The Budget Policy and Management Program accomplishes its
mission by assisting host government executives in the
utilization of numerous management and decision-making tools.
Examples of this include:
- Drafting national budget laws and regulations;
- Improving classification and account structures;
- Refining processes for annual budget formulation and
presentation;
- Providing revenue/expenditure and macroeconomic
forecasting advice;
- Designing and implementing organization structures;
- Building a strong professional budget and finance staff
apparatus;
- Teaching modern leadership and management skills;
- Leading and consulting on projects to develop analytical
capacity;
- Demonstrating analytic techniques to improve program
efficiency and effectiveness;
- Assisting in budget execution refinement including
improved treasury, cash management, and debt tracking
systems;
- Providing financial advice in substantive policy sectors
such as education, pensions, health, housing, welfare, and
agriculture;
- Defining policy, administrative, and financial
responsibilities among government levels;
- Developing local government finance structures;
- Helping to define the role of the prime minister or
president in budget processes;
- Increasing bureaucratic responsiveness in implementing
government policies;
- Designing and implementing single account treasuries,
leading to reductions in interest costs and better cash
management and control;
- Building infrastructure planning, budgeting and
management systems; and
- Ensuring effective parliamentary oversight.
Last Updated: December 30, 2005
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