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The Evaluation Of Effective Use Of Budget Funds

Author

Listed:
  • POSTOLACHE, Victoria

    (Balti State University “Alecu Russo”, Balti, Republic of Moldova)

Abstract

Improving the efficiency of budget expenditures is one of the most important tasks facing government bodies and local self-government. The concept of public financial policy, focused on the transition from cost management to results management, defines a new approach to assessing the effectiveness of using budget funds. When assessing the effectiveness of the use of public funds and developing methods for measuring and formulating performance criteria, one should take into account not only the economic component linking the volumes of the budget service with the costs of providing it, but also various other components of efficiency.

Suggested Citation

  • POSTOLACHE, Victoria, 2017. "The Evaluation Of Effective Use Of Budget Funds," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 4(1), pages 83-92.
    • Handle: RePEc:vls:rojfme:v:4:y:2017:i:1:p:83-92
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    More about this item

    Keywords

    public expenditure; financial control; budget; public revenue; efficiency;
    All these keywords.

    JEL classification:

    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue
    • H83 - Public Economics - - Miscellaneous Issues - - - Public Administration

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