The document discusses three approaches to budgeting in the Philippines: Performance Budgeting which allocates resources based on program goals and measured results; Planning Programming Budgeting System which stresses linking planning and budgeting to support economic plans and targets; and Zero Based Budgeting where each expenditure is justified based on its own merits rather than the previous year's budget.
The document discusses three approaches to budgeting in the Philippines: Performance Budgeting which allocates resources based on program goals and measured results; Planning Programming Budgeting System which stresses linking planning and budgeting to support economic plans and targets; and Zero Based Budgeting where each expenditure is justified based on its own merits rather than the previous year's budget.
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Lecture Notes on Philippines Budgeting
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98506434 Lecture Notes on Philippines Budgeting (8)
The document discusses three approaches to budgeting in the Philippines: Performance Budgeting which allocates resources based on program goals and measured results; Planning Programming Budgeting System which stresses linking planning and budgeting to support economic plans and targets; and Zero Based Budgeting where each expenditure is justified based on its own merits rather than the previous year's budget.
The document discusses three approaches to budgeting in the Philippines: Performance Budgeting which allocates resources based on program goals and measured results; Planning Programming Budgeting System which stresses linking planning and budgeting to support economic plans and targets; and Zero Based Budgeting where each expenditure is justified based on its own merits rather than the previous year's budget.
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Lecture Notes VIII Philippine Budgeting Process, Approach and Techniques
Jai Leonard I. Carinan
Performance Budgeting – it uses statement of missions, goals and objectives to
explain why the money is being spent. It is a way to allocate resources to achieve specific objectives based on program goals and measured results. The key to understanding performance-based budgeting lies beneath the word “result”. In this method, the entire planning and budgeting framework is result oriented. There are objectives and activities to achieve these objectives and these form the foundation of the overall evaluation.
Planning Programming Budgeting System (PPBS) – is a concept that stresses
the importance of establishing a strong linkage between planning and budgeting. It emanates from the policy of the government to formulate and implement a national budget that is an instrument of national development, reflective of national objectives, strategies and plans. Under the PPBS concept, the budget is anchored on the degree by which the accomplishment of economic plans and attainment of target contained in the Medium-Term Philippine Development Plan (MTPDP) and the Medium-Term Public Investment Program (MTPIP) are supported.
Zero Based Budgeting (ZBB) System – a method of budgeting expenditures in
which each expenditure is justified on its overall merits rather than being based on the budget for the previous year. A zero-base budget is most often proposed (but seldom implemented) for governments. Governments generally establish budget expenditures based on expenditures for the previous year.
Required Video Review
Philippine Center For National Budget Legislation
http://budgetlegislation.com/interactive.php
Required Reading
Book VI National Government Budgeting
http://www.openlexproject.com/political/administrative-law/book-vi-national- government-budgeting/ Lecture Notes VIII Philippine Budgeting Process, Approach and Techniques Jai Leonard I. Carinan