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Governance for Development

Ivor Beazley's blog

There is no good time for portfolio budgeting

Haven’t we been here before? Getting budgets to more perfectly reflect the policy priorities of government has long been the holy grail of budgeting in the public sector, but the reality of government budgeting is messy compromise. If the history of various countries efforts to promote policy coherence shows one thing clearly it is that the budget is the wrong tool to achieve this. Why is this and how can governments achieve greater coherence in support of higher level policy goals?