Later this month, the new Minister of Finance will announce the outcome of the Executive’s June Monitoring Round. But what is a Monitoring Round, and what opportunities does it present for the Assembly to scrutinise the Executive’s management of public money?
What is ‘outcomes-based budgeting’, and what are the key benefits and limitations of using it?
How were resources allocated to the nine Executive departments, and how much did they get?
On 13th January 2016 the Minister of Finance and Personnel published the Executive’s single year Budget 2016-17, bearing in mind the new nine-department structure which is now effective following the Assembly’s May 2016 elections. The Budget is to provide the incoming Ministers forming the new Executive with a ‘…stable, balanced platform to determine priorities and funding allocations post May elections for a multi-year Budget from 2017-18 to 2019-20’.
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