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1 st PAGBA Quarterly Meeting and Seminar Public Financial Management Reforms Towards Inclusive Development. Secretary Florencio B. Abad Department of Budget and Management. Objectives of Effective PEM. PUBLIC EXPENDITURE MANAGEMENT. FISCAL DISCIPLINE. ALLOCATIVE EFFICIENCY. - PowerPoint PPT Presentation
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1st PAGBA Quarterly Meeting and Seminar
Public Financial Management ReformsTowards Inclusive DevelopmentSecretary Florencio B. AbadDepartment of Budget and Management
Objectives of Effective PEM
FISCAL DISCIPLINE
FISCAL DISCIPLINE
ALLOCATIVE EFFICIENCYALLOCATIVE EFFICIENCY
OPERATIONAL EFFICIENCY
OPERATIONAL EFFICIENCY
“SPENDING WITHIN MEANS”
“SPENDING WITHIN MEANS”
“SPENDING ON THE RIGHT
PRIORITIES”
“SPENDING ON THE RIGHT
PRIORITIES”
“SPENDING W/
MEASURABLE RESULTS”
“SPENDING W/
MEASURABLE RESULTS”
PUBLIC EXPENDITURE MANAGEMENTPUBLIC EXPENDITURE MANAGEMENT
Schick (1998) and author’s interpretations
2010-2012: Restoring Public Trust
Opening Salvo: Zero-Based Budgeting
“Ang anumang pagbabago ay magmumula
sa pagsiguro natin na magwawakas na ang pagiging maluho at
pagwawaldas.”
Commitment to Fiscal Consolidation
Tighter Alignment with Priorities
• 2010: Zero-Based Budgeting
• 2011: Alignment of Budget with 5 Social Contract KRAs– Transparent, Accountable & Participatory Governance– Poverty Reduction and Empowerment of the Poor– Rapid, Inclusive and Sustained Economic Growth– Just and Lasting Peace and Rule of Law– Integrity of the Environment and Climate Change
Adaptation and Mitigation
• 2012: Program Budgeting Approach
Delivering the Dividends of Reform
Increased Share of Social, Econ Services
Source of Basic Data: DBM
Delivering the Dividends of Reform
Meaningful Social Services• Pantawid Pamilyang Pilipino– Expansion to cover 4.6M by 2015– Supplants dependency ties w/ traditional
patrons
• Closing the Gaps in Human Investments– Supporting K-12 Basic Education Reform by
closing teacher, classroom, textbook gap– Supporting Universal Healthcare by covering
Q1&Q2 in NHIP & closing rural health unit gap
Faster Budget Execution
• 2010: Disaggregation of Lump Sum Funds
• 2011: Procurement Innovations (Early Procurement & Expansion of PhilGEPS)
• 2012: Account Management Teams
• 2013: One-Year Validity of Appropriations
Performance Budgeting
• 2011: Review of Organizational Performance Indicator Framework
• 2011: Started Work on Results-Based Performance Management System
• 2012: Performance-Based Incentive System and Performance-Based Bonuses
Fiscal Transparency and Participation
• 2010: Government-CSO Principles of Constructive Engagement
• 2011: Mandatory Disclosure Provisions (2012: Transparency Seal)
• 2011: NGA-CSO Budget Partnerships• 2011: Use of Technology for
Transparency (PDAF webpage, BudgetNgBayan.Com, etc.)
• 2012: Bottom-Up Budgeting
Leveraging Technology
• Government Integrated Financial Management Information System
• Philippine Government Electronic Procurement System
• Government Manpower Information System and National Payroll System
• Cashless Purchase Cards
PH: “Newest Aspiring Tiger”
Inquirer Front Page
Challenge for 2013-2016: Inclusive Development
Wealth & Power in the Hands of a Few
PFM Reform in Support of Inclusive Growth
• Fiscal Discipline: sustain trajectory of fiscal consolidation, 2% deficit-to-GDP by 2013
• Allocative Efficiency: put horse before cart through Budget Priority Framework
• Operational Efficiency: new face of budget:– Budget as Release Document– Performance-Informed Budget
• Deeper Fiscal Transparency & Participation
PAGBA as Key Advocate of Reform
1st PAGBA Quarterly Meeting and Seminar
Public Financial Management ReformsTowards Inclusive DevelopmentSecretary Florencio B. AbadDepartment of Budget and Management
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