Overview
Budget Planning is a crucial phase of the Budget Cycle that seeks to balance the government’s limited resources with its competing policy priorities. A well-functioning budget planning process promotes fiscal discipline and facilitates the attainment of strategic goals. In addition, Budget Laws mandate the aggregation and publication of budget plans for submission to the legislature for authorization.
Course Objectives
- Introduce the Budget Planning process
- Introduce the concepts of Medium-Term Expenditure Framework and budget ceilings
- Learn how to improve budget planning through iteration with the use of budget versions and scenarios
- Understand how to maximize fiscal discipline through the use of binding ceilings
- Explore the various functionalities of a Budget Book Builder
- Learn the various functionalities of the following FreeBalance Accountability Suite™ modules:
- (GPBB) Budget Book Builder
- (GPPB) Government Performance Budgeting
- (GPPM) Government Performance Management
Course Content
- Preparing budget scenarios and versions
- Preparing budget plans in accordance with a Medium-Term Budgeting Framework
- Setting and distributing binding and non-binding ceilings
- Crafting iterative budgets through budget versions
- Publishing a Budget Book
Target Audience
- PFM Consultants
- GRP Consultants
- Business Analysts
- Civil Servants
- Policy Makers
