Role of the Legislature in Budget Processes
Technical Notes and Manuals, April 6, 2010
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- Role of the Legislature in Budget Processes
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Bibliographic details
- Authors: Ian Lienert
- Published: April 6, 2010
- Series: Technical Notes and Manuals
- DOI: https://doi.org/10.5089/9781462398973.005
Main findings
- The paper examines the role of the legislature in budget processes.
- For promoting good governance and fiscal transparency, the legislature’s active engagement in the budget process is essential.
- When fiscal policies and medium-term budgetary objectives are debated in parliament, budget strategies and policies are “owned” more widely.
- More active participation by the legislature runs the risk that fiscal discipline deteriorates.
- In countries where the legislature has unrestrained budget amendment authority, parliament is prone to introduce changes that increase spending or reduce taxes.
Scope and topics covered
- Subject areas: Budget execution and treasury management, Budget planning and preparation, External audit, Fiscal accounting and reporting, Fiscal law, Fiscal policy, Fiscal rules, Public financial management (PFM).
- Keywords included: accountability, Africa, approval, budget, Budget execution and treasury management, Budget planning and preparation, country, country practice, draft budget proposal, executive, External audit, Fiscal accounting and reporting, Fiscal law, government, government accounting standards Board, government social security system, legislature, OECD country, OECD government, parliament, TNM, Westminster.
- Full text also available in Spanish.
Content in this bundle
- Tnm1004
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