Budgeting in Turkey

The Turkish budget process has three features which set it apart from other OECD countries: a centralised yet fragmented decision-making process; the IMF stand-by agreement as a de facto fiscal rule; and a very detailed line-item classification. This article analyses these features and makes suggest...

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Bibliographic Details
Main Author: Kraan, Dirk-Jan
Other Authors: Bergvall, Daniel, Hawkesworth, Ian
Format: eBook
Language:English
Published: Paris OECD Publishing 2007
Subjects:
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
Description
Summary:The Turkish budget process has three features which set it apart from other OECD countries: a centralised yet fragmented decision-making process; the IMF stand-by agreement as a de facto fiscal rule; and a very detailed line-item classification. This article analyses these features and makes suggestions for policy adjustment to improve effectiveness and efficiency. The article examines all stages of the budget process (preparation, parliamentary approval, execution, and accounting and auditing) and assesses Turkey's recent rapid progress with reform. The article offers suggestions for next steps and new priorities for Turkey in the light of other OECD country experience
Physical Description:54 p