Result-Oriented Budgeting: the Strategies and the Prospects

The question of how to improve the efficiency of the revenue amount use becomes topical in the times of crises when the budget revenues are limited. It is a widespread practice among the international community to use the result-oriented budgeting in order to solve the problem. However, the result-oriented budgeting patterns are adjusted in order to reflect each country’s political regime characteristics and institutional reality. It is possible to identify a number of factors that influence the choice of the strategy to be used when result-oriented budgeting pattern is chosen. These are such factors as the form of government, the structure of the state, etc. The fact that different countries have different combinations of the above factors is the reason why their governments use various strategies when choosing the budget reform patterns, and the patterns chosen determine to a large extent the way their public finance sector is developing.