Improving the budgetary programming mechanism

This reform shall be implemented through the entry into force of the amended regulatory framework which shall: 

• ensure multi-annual budgetary planning,
• make the prioritisation of public investment more efficient,
• introduce systematic spending reviews aligned with the budgetary cycle and with a clear implementation plan of the findings in the subsequent budgets, and subject to independent expost evaluations.

One objective of this reform is to improve the budgetary programming mechanism and to modernise the IT system for the development and management of the national budget, by making extensive use of data and information that best reflect budgetary expenditure, at policy and programme level (analysis of budgetary procedures, streamlining of time to generate reports and the format in which reports are generated), with an effect on: 

• increasing transparency in the budget process by publishing analyses and reports that simplify the spending process for specific programmes;
• improving the system for monitoring and reporting budgetary programmes.