PUB4870 Assignment 6
(COMPLETE ANSWERS
PORTFOLIO) 2025 - Due
26 January 2026
, QUESTIONS SUMMATIVE ASSESSMENT: PORTFOLIO
PUB4870 Section A: Budget Integration and Fiscal Policies
1.1 1.2 Define budget integration and explain its
significance in public financial management. Discuss how
fiscal policies influence budget integration in the public
sector. Section B: Financial Planning and Medium-Term
Expenditure1.1 Define budget integration and explain its
significance in public financial management
Budget integration refers to the process of aligning and coordinating all components
of the government budgeting system—such as planning, policy formulation, revenue
generation, expenditure allocation, and performance management—into a single,
coherent framework. It ensures that budgets reflect government priorities, policy
objectives, and available resources in a unified manner rather than operating as
fragmented or parallel processes.
Significance in public financial management (PFM):
Improves policy coherence
Budget integration ensures that policy goals outlined in national development plans
are directly linked to budget allocations, reducing the gap between planning and
implementation.
Enhances fiscal discipline
By integrating revenue projections and expenditure plans, governments can better
control deficits, manage debt, and avoid unplanned spending.
Promotes efficient resource allocation
Resources are allocated based on priorities and expected outcomes, improving value
for money and reducing duplication across ministries and agencies.
Strengthens accountability and transparency
Integrated budgets make it easier to track how public funds are used and assess
whether spending achieves intended results.
Supports performance-based budgeting
Budget integration links financial inputs to outputs and outcomes, enabling
governments to evaluate the effectiveness of public spending.
1.2 Discuss how fiscal policies influence budget integration in the public sector
Fiscal policies play a critical role in shaping budget integration by determining how
governments raise revenue, manage expenditures, and maintain macroeconomic
stability.
(COMPLETE ANSWERS
PORTFOLIO) 2025 - Due
26 January 2026
, QUESTIONS SUMMATIVE ASSESSMENT: PORTFOLIO
PUB4870 Section A: Budget Integration and Fiscal Policies
1.1 1.2 Define budget integration and explain its
significance in public financial management. Discuss how
fiscal policies influence budget integration in the public
sector. Section B: Financial Planning and Medium-Term
Expenditure1.1 Define budget integration and explain its
significance in public financial management
Budget integration refers to the process of aligning and coordinating all components
of the government budgeting system—such as planning, policy formulation, revenue
generation, expenditure allocation, and performance management—into a single,
coherent framework. It ensures that budgets reflect government priorities, policy
objectives, and available resources in a unified manner rather than operating as
fragmented or parallel processes.
Significance in public financial management (PFM):
Improves policy coherence
Budget integration ensures that policy goals outlined in national development plans
are directly linked to budget allocations, reducing the gap between planning and
implementation.
Enhances fiscal discipline
By integrating revenue projections and expenditure plans, governments can better
control deficits, manage debt, and avoid unplanned spending.
Promotes efficient resource allocation
Resources are allocated based on priorities and expected outcomes, improving value
for money and reducing duplication across ministries and agencies.
Strengthens accountability and transparency
Integrated budgets make it easier to track how public funds are used and assess
whether spending achieves intended results.
Supports performance-based budgeting
Budget integration links financial inputs to outputs and outcomes, enabling
governments to evaluate the effectiveness of public spending.
1.2 Discuss how fiscal policies influence budget integration in the public sector
Fiscal policies play a critical role in shaping budget integration by determining how
governments raise revenue, manage expenditures, and maintain macroeconomic
stability.
