Budgeting & Fiscal Management
Why ISP?
We understand that Budget Management is an important fiscal tool in the public sector, and that at the sub-national level; concerns related to the budget process are often of a different nature. Recent fiscal decentralization policies in many countries have increased the fiscal importance of regional and local governments within the public sector. Therefore, an important public policy concern in many transitional and developing economies is the enhancement of the capacity of sub-national governments to manage their budgets.
Our modern fiscal management techniques at all levels of government are effective- ensuring that the three objectives of expenditure management: Aggregate Fiscal Discipline, Expenditure Prioritization, and Operational Efficiency are achieved!
We have been at the forefront of supporting budgetary reforms in transitional and developing economies, providing guidance on the introduction of multi-year budgeting techniques in transitional and developing economies - Realizing the three global trends of fiscal management: Placement of the budget process in the context of a medium term budget strategy, Devolution of budget responsibilities, and the Introduction of performance-based budget techniques.
We offer comprehensive training programs in budget techniques and accounting principles for regional and local government budget officials from transitional and developing economies, guaranteeing successful results!