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