Issues and New Directions in Public Expenditure Management

A. Premchand

No 1996/123, IMF Working Papers from International Monetary Fund

Abstract: 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.

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 (search for similar items in EconPapers)
Pages: 42
Date: 1996-11-01
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Citations: View citations in EconPapers (3)

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