What are the basic principles of US Treasury budget technical assistance?
The foundation for modern public budget systems was built in the late 19th century – a system of strong executive leadership used by successful private sector leaders who were accountable for results. This concept was transferred to US local, state, and national governments during a period of dramatic government reform in the early 20th century. Budget reform has been almost continuous since that time, with governments throughout the world adopting modern budget principles and practices that can help them meet the demands of their respective environments. US Treasury technical assistance reflects these principles and practices and strives to ensure government executives have the advantage of an “executive budget system” that improves decision-making, strengthens accountability for results, and has effective parliamentary oversight. Auditors want budgets that improve adherence to laws and accounting principles; accountants want budgets that reinforce accurate financial accounting and re
