Aggregate expenditure ceilings and allocative flexibility

[Napodano]

This is the new post of Marc Robinson on his blog
http://blog.pfmresults.com/wordpress/?p=160&utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+MarcRobinsonBlog+%28PFM+Results+Blog%29

'Top-down budgeting is today widely regarded as a key element of good budgeting practice, and with good reason...But what does it mean for the setting of ministry expenditure ceilings.This is where the consensus disappears.'

You can read the full paper on the OECD Journal on Budgeting at http://www.keepeek.com/Digital-Asset-Management/oecd/governance/aggregate-expenditure-ceilings-and-allocative-flexibility_budget-12-5k468nqj1f7g