PI-28. In-year budget reports
Description
This indicator assesses the comprehensiveness, accuracy and timeliness of information on budget execution. In-year budget reports must be consistent with budget coverage and classifications to allow monitoring of budget performance and, if necessary, timely use of corrective measures. This indicator contains three dimensions and uses the M1 (WL) method for aggregating dimension scores
Dimensions and scoring
| Score | Minimum requirements for scores |
|---|---|
28.1. Coverage and comparability of reports |
|
|
A |
Coverage and classification of data allows direct comparison to the original budget. Information includes all items of budget estimates. Expenditures made from transfers to de-concentrated units within central government are included in the reports. |
|
B |
Coverage and classification of data allows direct comparison to the original budget with partial aggregation. Expenditures made from transfers to de-concentrated units within central government are included in the reports |
| C | Coverage and classification of data allows direct comparison to the original budget for the main administrative headings. |
| D | Performance is less than required for a C score. |
28.2. Timing of in-year budget reports |
|
| A |
Budget execution reports are prepared monthly, and issued within two weeks from the end of each month. |
| B |
Budget execution reports are prepared quarterly, and issued within four weeks from the end of each quarter. |
| C |
Budget execution reports are prepared quarterly (possibly excluding first quarter), and issued within 8 weeks from the end of each quarter. |
| D | Performance is less than required for a C score. |
28.3. Accuracy of in-year budget reports |
|
| A |
There are no material concerns regarding data accuracy. An analysis of the budget execution is provided on at least a half-yearly basis. Information on expenditure is covered at both commitment and payment stages. |
| B |
There may be concerns regarding data accuracy. Data issues are highlighted in the report and the data is consistent and useful for analysis of budget execution. An analysis of the budget execution is provided on at least a half-yearly basis. Expenditure is captured at least at payment stage |
| C |
There may be concerns regarding data accuracy. Data is useful for analysis of budget execution. Expenditure is captured at least at payment stage. |
| D | Performance is less than required for a C score. |
Coverage
BCG.
Time period
Last completed fiscal year.
Measurement guidance
Information on budget execution that includes revenue and expenditure data is required to facilitate performance monitoring and, where necessary, to help identify action needed to maintain or adjust planned budget outturns.
