Public Financial Management
Quality of the annual budget process and budget credibility

Quality of the annual budget process and budget credibility

This indicator analyses the process of budget preparation and the level of transparency and quality of the budget documents. Quality parameters include the link between the multi-annual and annual budget, the budget preparation process, selection of priorities for new expenditures, comprehensiveness and transparency of budget documentation, scrutiny and oversight of the budget proposal and rules for in-year budget adjustment.

Annual budget preparation - at a glance

Average indicator values are presented for each area and country. Click on the rows and columns to sort the table by highest value, or “show progress” to include trends over time.
ALB XKV MNE MKD SRB UKR AVG
Link between MTBF and annual budget
50
100
25
25
75
75
55
Reliability of the budget calendar
100
75
50
50
50
65
Budget proposal to Parliament
75
50
50
62.5
25
75
52.5
Capital expenditures in budget
80
40
20
40
60
48
Parliamentary budget scrutiny
20
40
20
0
60
60
28
In-year budget adjustments
50
75
50
50
75
25
60
Credibility of annual revenue estimates (%)
75
50
0
75
50
25
50
Credibility of annual expenditure estimates (%)
75
25
0
75
75
25
50

Compare performance

Pick a country and year above, and use the menu below to sort subindicator values based on best or worst performance. Compare against the regional average, the highest performer and past performance.

Western Balkans
Highest Value
2017

Albania, 2021

Link between MTBF and annual budget Reliability of the budget calendar Budget proposal to Parliament Capital expenditures in budget Parliamentary budget scrutiny In-year budget adjustments Credibility of annual revenue estimates (%) Credibility of annual expenditure estimates (%)

Most significant change

Green bars show the subindicator values that advanced most. Red bars shows those that deteriorated most. Only subindicator values that have changed are shown.

Albania from 2017 to 2021

Reliability of the budget calendar Capital expenditures in budget Link between MTBF and annual budget