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Decomposing budget credibility

Author

Listed:
  • Felix Mambo
  • Ricardo Santos

Abstract

Budget reliability is the first pillar of Public Expenditure and Financial Accountability (PEFA). In this study, we construct an expansion of the PEFA government response accuracy indicator and test its decomposition, with an application to the government budgets and state general accounts of Mozambique from 2014 to 2020. A special focus is given to public expenditure in social sectors: education, health, social protection, and public works.

Suggested Citation

  • Felix Mambo & Ricardo Santos, 2024. "Decomposing budget credibility," WIDER Working Paper Series wp-2024-11, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2024-11
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    File URL: https://www.wider.unu.edu/sites/default/files/Publications/Working-paper/PDF/wp2024-11-decomposing-budget-credibility.pdf
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