Series: IMF Working Papers
Author(s): Gösta Ljungman
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 2009
Keywords: Top-down, budget institutions, policy prioritization, expenditure, budget process, fiscal policy, total expenditure, expenditure level,
This paper examines the rationale for a top-down approach to budget preparation and approval, and discusses some factors that have to be considered when reorienting the budget process along these lines. The paper a...