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Advantages Of Program Budgeting And Its Formation In Georgia

Journal: Innovative Economics and Management (Vol.IV, No. 2)

Publication Date:

Authors : ;

Page : 157-159

Keywords : program budget; budget transparency; indicator of results measurement; wellbeing and living level of population; priorities of the country; budgetary code of Georgia.;

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Nowadays, it is considered that the preparation of budget by the program budgeting style is the most important achievement for Georgia. It should be admitted, that the researches show, that by the transparency of its budget Georgia is on the one of the leading positions among the numerous countries. The great value of program budget is, that it relies on the main priorities of the country, which main goal is to achieve them and get desired results, for these proposes are determined future relevant measures, valuing indicators and sources of financing. Each program has its title, executive- spending institution and its description from its purposes. It should be emphasized, that despite some achievements and significant progress in the the method of program budget, there are still some problems, focusing on solving them and making changes will lead to the real and effective results of program budgeting.

Last modified: 2018-05-21 16:15:28