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MTBF

The Medium Term Budget Framework (MTBF) is an approach to budgeting that links government spending plans to policy objectives, recommends expenditure priorities and splits available resources by budgetary units for the medium term, providing analysis of policies to allocate funds to the highest priorities.

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37 views1 page

MTBF

The Medium Term Budget Framework (MTBF) is an approach to budgeting that links government spending plans to policy objectives, recommends expenditure priorities and splits available resources by budgetary units for the medium term, providing analysis of policies to allocate funds to the highest priorities.

Uploaded by

vnhh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

What is the MTBF?

The Medium Term Budget Framework (MTBF) is an approach to budgeting which links the spending
plans of government to its policy objectives. The main feature of a MTBF, compared to MTFF, is that it
recommends expenditure priorities and splits overall fiscal envelope (available resources) by budgetary
units (defines budget unit ceilings) for the medium term. MTBF provides analysis of Government
policies, which results in allocation of funds to where they are most needed and the funds to be
allocated to highest priorities.

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