organized way while ensuring that economic policies continue to be viable.
MTEFs are crucial instruments in public financial management that help close the gap between budgeting and policy making. They offer a clear foundation for establishing expenditure caps, boosting accountability, and making budgets more predictable. Medium-term frameworks encourage the more effective use of public funds and lessen the propensity for ad hoc or politically driven spending by tying planned expenditures to sector al priorities and performance outcomes.
Reliable forecasting, political commitment, and strong institutional capability are necessary for the successful implementation of medium-term expenditure planning. The process may be hampered by issues like poor agency collaboration, a lack of data, and rapid policy changes. Nonetheless, when implemented correctly, MTEFs enhance service performance, promote budgetary restraint, and increase public confidence in the administration of public funds.
Author: Mohamed Yasin
