Dimension 14.2. Scoring

Score Minimum requirements for scores
A The government prepares forecasts of the main fiscal indicators, including revenues (by type), aggregate expenditure, and the budget balance, for the budget year and two following fiscal years. These forecasts, together with the underlying assumptions and an explanation of the main differences from the forecasts made in the previous year’s budget, are included in budget documentation submitted to the legislature.
B The government prepares forecasts of the main fiscal indicators, including revenues (by type), aggregate expenditure, and the budget balance, for the budget year and two following fiscal years. These forecasts, together with the underlying assumptions, are included in budget documentation submitted to the legislature.
C The government prepares forecasts of revenue, expenditure and the budget balance for the budget year and the two following fiscal years.
D Performance is less than required for a C score.

Table 14.1. Variations between approved fiscal forecast and the projections included in the previous year’s approved budget (Example)

  2016 2017 2018 2019 2020
  Budget Process 2015    
Approved aggregate expenditure estimates 2016 100 90 90    
    Budget Process 2017  
    2 2 2  
    3 3 3  
    5 7 7  
Approved aggregated expenditure estimates 2017   100 102 102  
      Budget Process 2018
+ Forward year impact of 2017 supplementary estimates     0 0 0
+ Approved wage and price increases     2 2 2
+ Net impact of expenditure policy decisions     3 4 4
Approved aggregated expenditure estimates 2018     107 108 108


 

PEFA Handbook Volume 1: The PEFA Assessment Process – Planning, Managing and Using PEFA