A Review Of Capital Budgeting Practices

Download or read book A Review of Capital Budgeting Practices written by Ms.Davina F. Jacobs and published by International Monetary Fund. This book was released on 2008-06-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: A key challenge in government budgeting is to define an appropriate balance between current and capital expenditures. Budgeting for government capital investment also remains not well-integrated into the formal budget preparation process in many countries. This paper aims to provide an overview of past and current budgeting practices for public investment. The study will also provide a comparison between the budget practices between low-income countries and developed countries and make a series of recommendations for how to ensure efficient integration of capital planning and budget management in low-income countries.