In the longer term, an MTEF will be an important tool for planning and budgeting in Lao PDR. The country’s short-term budgeting horizon is a deficiency, and the progress that has been achieved so far is valuable, both as capacity building and as an end in itself. However, moving beyond the current very simple MTEF would be premature at this stage and might divert attention from more pressing and fundamental problems associated with the annual budget cycle.
Elsewhere in the report;
Deficiencies in the budget nomenclature, which remains overly detailed, does not include a functional classification. The nomenclature also muddles administrative and economic classifications in a way that is not compatible with the IMF’s internationally recognized “Government Finance Statistics” (GFS) classifications.
The short-term horizon also is an issue. A Medium-term Expenditure Framework (MTEF) was included in the NGPES, but it was more of an aggregate fiscal framework than an expenditure framework and did not include expenditure breakdowns by ministry, province, centralAoca1 level, sector, or sub-sector.
Related;
CFAA 2002- Summary Report, Detailed Report
Public Expenditure Review 1997, Volume 1, Volume 2
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