Outcome Based Budgeting In Malaysia

This approach provides councils with a direct link between how forecast expenditure is prioritised and the outcomes realised by that spend.

Outcome based budgeting in malaysia. Factors taken into consideration under obb. The government of malaysia has committed to an outcome based budgeting obb approach. Using outcome based budgeting malaysia has helped successfully link high level national strategies to specific budget programs and activities using a common results framework to define accountability. Ministry of finance malaysia.

Program and performance budgeting system ppbs 3. Outcome based budgeting in malaysia free download as powerpoint presentation ppt pptx pdf file pdf text file txt or view presentation slides online. The introduction of the obb in the 10th malaysia plan 10mp 2011 2015 will address the weaknesses of the modified budgeting system mbs through strategic integration of planning budgeting implementation monitoring and evaluation at various levels. In malaysia the government has undertaken a more outcome based approach to the annual budget process which represents an evolutionary step towards performance based budgeting.

Public sector is implementing outcome based budgeting obb system this year. The approach integrates programmes from various ministries and agencies at various levels and links the programmes to the national strategies. There are a number of variations of obb. The most common is a system of budget setting that specifically allocates scarce financial resources to achieve priority outcomes.

What outcome based budgeting means for you outcome based budgeting is a proven means of increasing financial transparency and accountability in the public sector. Performance management budgetary reforms. Outcome based budgeting therefore becomes a strategic management tool with continuous process that ensure the desired outcomes specified in the malaysia plan are realized. A review of current literature on strategy management frameworks and how they might support obb has been.

28 august 2014. An integrated approach to public sector performance management. A management tool named proll was introduced alongside outcome based budgeting. Modified budgeting system mbs and 4.

The evolution of malaysian budgeting system started as a reform from the government which was initiated as part of an effort by the government to develop the country strategically and efficiently. Outcome based budgeting obb. Moving towards outcome based budgeting an integrated approach to planning budgeting monitoring evaluation.