This document summarizes the OECD's plans to publish a new flagship budgeting publication called the "Budgeting Outlook". The publication will integrate information from various OECD surveys on budgeting practices, including a new 2018 survey on capital budgeting and infrastructure governance. It will serve as an international reference on modern budgeting practices. The document outlines the topics that will be covered in the new publication, such as capital budgeting, public-private partnerships, and the governance of infrastructure projects. It provides timelines showing that a draft will be presented in June 2018 and the final publication will be released in October 2018.

1. “OECD Budgeting Outlook”
A single flagship publication for
Senior Budget Officials (SBO)
Ronnie Downes
Deputy Head, Budgeting & Public Expenditures
OECD
PPP & Infrastructure Meeting, Paris, 27 March 2018

2. Various budget-related work streams

3. Two main reference publications

4. legal basis for fiscal rules
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
2012 2007 2012 2007 2012 2007
International treaty Legislation Internal rules/
policies
Other
Expenditure rules Revenue rules
Budget balance rules Debt rules

5. how frequently MTEF ceilings are revised
0%
20%
40%
60%
3 years 4 years 5 years 6+ years
Fig. 3.7 Length of ceilings (Q27b)
2012 2007
0%
20%
40%
60%
80%
More than
once per year
Annually Every 2 to 3
years
Other
Fig. 3.8 Frequency of revision of ceilings (Q27b)
2012 2007
5SBO 3 June 2013

6. public finances, fiscal policy and the crisis

7. Tax-side and expenditure-side responses

8. Capital budgeting
OECD(2012), Budgeting practices and procedure, OECD Publishing, Paris.
Capital budgets in
central
governments
Funding of
multi-year
capital
projects

9. Governance of Infrastructure: Strategic Planning
Does your country have an overall long-term
strategic infrastructure plan?
4
7
9
9
10
10
11
12
14
17
0 2 4 6 8 10 12 14 16 18
Other
Climate Change
Social Imbalances
Depreciation of the country's capital stock
Innovation policy
Transition to a low carbon energy system
Fiscal pressure
Demography
Regional development imbalances
Transport bottlenecks
What are the key pillars/drivers of the current strategic plan?
OECD, Survey of Infrastructure Governance, 2016i

10. The new “Budgeting Outlook” (1)
• Integrated and streamlined publication
• An international reference and a practical sourcebook on all key
elements of modern budgeting practice
• Special chapter on infrastructure governance,
capital budgeting and PPPs
• Based on Core SBO survey plus network-
specific surveys:
 2018 Survey of Infrastructure Governance and
Capital Budgeting

11. Survey of Capital Budgeting & Infrastructure
Governance
• How governments budget and account for capital
investments, including infrastructure
• How countries have organised the governance of
infrastructure, i.e. the institutional roles,
procedures, assessment tools and related issues
• Countries’ PPP procurement framework for Public
Private Partnerships (PPPs) and their treatment in
budgeting and accounting

12. Next Steps
• Core Survey: Issued the survey to all OECD countries
2017 Dec
• Capital budgeting and Infrastructure governance
Survey: Feb – 8 April 2018
• Draft Budgeting Outlook will be reported and
discussed on 6-7 June SBO Meeting
• Budgeting Outlook publication: Oct 2018

13. THANK YOU !