The national budget is a development tool used to address infrastructure and social service needs, stabilize the economy, and promote accountability. It is also a tool for transparency to help taxpayers understand where their hard-earned monies go. The budget complements the government’s development agenda, with the ultimate goal of delivering a better quality of life for people.
The budget must undergo careful scrutiny because it comes from taxpayers’ money. Basic criteria must be considered, namely, responsiveness, efficiency, and value-for-money. Is government spending responsive to peoples’ needs? Is it not wasteful? Do people get the most value out of every peso spent?>>read complete document