Budgetary governance is the process of formulating the annual budget, overseeing its implementation and ensuring its alignment with public goals.
The Recommendation on Budgetary Governance sets out ten principles which provide concise overview of good practices across the full spectrum of budget activity and aim to give practical guidance for designing, implementing and improving budget systems to make a positive impact on citizens’ lives.
The Recommendation also underpins the importance of the budget principles to other aspects of good public governance, including integrity, open data, achievement of strategic goals, and the promotion of trust between citizens and government.
The ten principles are:
These principles draw together the lessons of a decade and more of work by the OECD Working Party of Senior Budget Officials (SBO) and its associated Networks, along with the contributions and insights from other areas of the OECD and of the international budgeting community more generally.