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Issues and New Directions in Public Expenditure Management
Author:
A. Premchand null

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Series:
IMF Working Papers
Volume/Issue:
Volume 1996: Issue 123
Language:
English
Publication Date:
01 Nov 1996
DOI:
https://doi.org/10.5089/9781451854565.001
ISBN:
9781451854565
ISSN:
1018-5941
Pages:
42
Keywords:
WP; expenditure management; government transaction; management system; shadow government; contract government; government contract; government program; third party government; Expenditure control; Budget planning and preparation; Central government spending; Australia and New Zealand; Global; Western Europe
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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The public expenditure management system is in a state of flux. Traditional approaches of expenditure management have serious limitations in addressing current and future tasks. The new approaches toward improved expenditure management, which emphasize the creation of task-oriented agencies, performance agreements, and competitive tendering and contracting, have considerable potential in meeting the tasks. But it is essential to address the detailed operational aspects of these new approaches so that they do not contribute to a shadow government or a government that continues to be weak in regard to contracts and third-party transactions.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund