Results Based Budget
The Results Based budget is a methodology that allows the improvement of public spenditure and promotes an adequate rendition of accounts.The RbB is based on the orientation of government’s actions towards the results the citizens expect to obtain and not on the investments public servants do daily in order to meet their obligations. This is significant difference with traditional budgeting methods, as the focus is centered on the generation of “public Value” and the attention on individual’s demands. With this method (RbB) the quantity and quality of goods and public servants is increased, it reduces the administrative and governmental operations expenditure, it promotes the conditions for economical and social development and above all, it generates greater impact of the government’s action on the people’s wellbeing. |