“The annual budget is the key policy tool used by governments to implement strategies, policies, and programs. Adherence to planned budgets is an important indicator of the overall capacity of the government to deliver on the programs to which they have committed. SDG indicator 16.6.1 (WDI indicator "Primary government expenditures as a proportion of original approved budget") seeks to measure the dependability and efficiency of government budget execution: do governments spend what they plan / want to spend and collect what they intend to collect? The indicator measures whether government budgets are realistic and implemented as intended…..”
The article on Government budget credibility and the impact of COVID-19 developed by PEFA SDG Team in collaboration with the WBG Data Department Team is published on the World bank/ World Development Indicators/Stories Site.
Read more about:
- The SDG Initiative and PEFA Involvement
- What does the indicator tell us about budget execution over the period 2010 - 2021?
- How did the COVID-19 pandemic affect budget execution globally?
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