RESEARCH & PUBLICATIONS

Reforming Budget System Laws

  • Ian Lienert, Israel Fainboim
  • Oct 2007
  • International Monetary Fund (IMF)
  • International

The Guidance Note addresses the following issues:

  • Why adopt a new law relating to the budget system?
  • What is the relationship between the Budget System Law, the constitution and the wider legal framework?
  • How should a Budget System Law be adapted to conform to a country’s political arrangements?
  • How should the respective roles of the executive and legislative be reflected in the Budget System Law?
  • What should be included in a Budget Ssystem Law, and what should be excluded?