Accrual Budgeting and Fiscal Policy

  • Marc Robinson
  • Jan 2009
  • International Monetary Fund (IMF)
  • International

Can an accrual budgeting system - a system in which budgetary spending authorizations to line ministries are formulated in accrual terms - serve the needs of good fiscal policy? If so, how must such a system be designed? This article addresses these questions and also considers the case for reformulating fiscal policy in terms of accrual rather than cash aggregates.