Guidelines for Public Expenditure Management

For many years, the IMF's Public Expenditure Management Division has answered many questions raised by fiscal economists on missions. Based on this experience, these guidelines provide a general overview of the principles and practices observed in three key aspects of public expenditure management: budget preparation, budget execution, and cash planning. For each aspect the guidelines look at the differing practices in four groups of countries: the francophone system, the Commonwealth systems, Latin America, and those in the transition economies.