Issues and New Directions in Public Expenditure Management

November 1, 1996

Preview Citation

Format: Chicago

A. Premchand Issues and New Directions in Public Expenditure Management, (USA: International Monetary Fund, 1996) accessed November 21, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

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.

Subject: Budget planning and preparation, Central government spending, Expenditure, Expenditure control, Public financial management (PFM)

Keywords: Australia and New Zealand, Budget planning and preparation, Central government spending, Contract government, Expenditure control, Expenditure management, Global, Government contract, Government program, Government transaction, Management system, Shadow government, Third party government, Western Europe, WP

Publication Details

Pages:

42
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 1996/123
Stock No:

WPIEA1231996
ISBN:

9781451854565
ISSN:

1018-5941

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