Challenges of Program Budgeting: Examples of Social Protection Programs in Korea
Автор: PEMNA Secretariat
Загружено: 2025-12-17
Просмотров: 9
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#pemna #programbudgeting #korea #socialprotection
2024 PEMNA B-CoP Manila Meeting Session 2-3
March 25-27, 2024 | Manila, Philippines
Mr. Nowook Park from the Korea Institute of Public Finance, discusses the introduction of program budgeting in South Korea, highlighting its evolution and integration with performance budgeting and medium-term budgeting. He outlines the comprehensive PFM reforms initiated in the mid-2000s, emphasizing the simultaneous implementation of various components such as top-down budgeting and performance monitoring. He then explains challenges faced during this process, including resistance from line ministries and the need for organizational restructuring. They outline the successful development of a programmatic budget classification, its alignment with performance goals, and subsequent reforms aimed at improving public access to performance indicators, ensuring the budget reflects citizen interests and outcomes.
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