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Simplifying Public Expenditure Management for Laymen: Understanding Budgeting, Costs, and Reform Measures

This guide breaks down the complexities of Public Expenditure Management (PEM) for the average individual. It compares Outcome and Performance-based Budgeting, Medium-Term Expenditure Framework (MTEF), and Financial Estimates, highlighting how they impact policy costs and budget allocations. Additionally, it discusses key reform measures like the Government Procurement Reform Act and Salary Standardization Law III. By offering a clear explanation of these concepts, it aims to empower readers to understand and engage with government budgetary processes effectively.

judah-weber
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Simplifying Public Expenditure Management for Laymen: Understanding Budgeting, Costs, and Reform Measures

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  1. Laymanizing PublicExpenditure Management (PEM)

  2. OPIFvs.PERFORMANCE BUDGETING

  3. MTEF and FEs estimates of the future costs of existing policies, serving as the determinant of the available budget for new projects as well as serving as validation instrument for assessing agency proposals

  4. Other Reform Measures • Government Procurement Reform Act Salary Standardization Law III

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