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Reinventing State Budget Formulation Through Outcome Management

Implementing a program-centric approach to evaluate and optimize outcomes

About this paper

The economic crisis confronting governments is forcing a revisiting of traditional budget formulation in order to achieve maximum results from reduced resources; however, existing budgeting tools and processes are outdated and incapable of providing the information needed for proper evaluation of government programs. Learn how a program-centric approach to evaluating outcomes and predicting future outcomes must become the norm for future government programs in order to set priorities, provide needed services and prioritize investment of government resources.

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