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Law No. 5018 and Public Financial Management: Budgeting Essentials

Explore the legal infrastructure and principles of Law No. 5018, the basic cycle of public financial management, budget types, and detailed expenditure/financing programs. Gain insights into the central government budget and the budgeting approach.

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Law No. 5018 and Public Financial Management: Budgeting Essentials

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  1. Ministry of Finance General Directorate of Budget and Fiscal Control «LAW No 5018 and BUDGET » Turgay ÇETİN Financial Specialist March, 2016

  2. PRESENTATION PLAN Law No 5018 and Budgeting Approach Basic Cycle of Public Financial Management Classification of Public Financial Management Sector Detailed Expenditure/Financing Program

  3. Constitution of 1982 Law No 5018 Central Government Budget Law Other Laws Secondary Legislation LEGAL INFRASTRUCTURE OF THE BUDGET

  4. LEGAL INFRASTRUCTURE OF THE BUDGET Constitution Art. 161; The beginning of the fiscal yearand preparation, implementation and control of the central government budget are regulated by Law. Law No 5018 Scope Preparation Principles Legal Principles Fiscal Year

  5. BASIC CYCLE OF PUBLIC FINANCIAL MANAGEMENT PROCESS

  6. CENTRAL FISCAL ACTORS • MTFP • PREPARATION AND IMPLEMENTATION OF THE BUDGET • PERFORMANCE BUDGETING • CASH MANAGEMENT • BORROWING • DP-MTP • INVESTMENT PROGRAM • STRATEGIC PLANNING

  7. BUDGET TYPES NATIONAL ECONOMY GENERAL GOVERNMENT?

  8. BUDGET TYPES • NATIONAL ECONOMY • HOUSEHOLD BUSINESS WORLD • PUBLIC • GENERAL GOVERNMENT • OTHER • CENTRAL GOVERNMENT • SOCIAL SECURITY INSTITUTIONS • LOCAL ADMINISTRATIONS

  9. BUDGET TYPES

  10. MTP MTFP PBC 17 October September First Week 17 October – 12 December CGB Proposal and Performance Programs September 15 GA October First Two Weeks October First Week End of September Negotiations • Budget Call Guide Proposal • Investment Notice • Guide HPC

  11. DETAILED EXPENDITURE/FİNANCING PROGRAM • General, Special andRegulatoryandSupervisoryAgency • Budgets GENEL, ÖZEL BÜTÇELİ İDARELER VE DDK’LAR E-Bütçe

  12. DFP/DEP CONSTITUTION PRINCIPLES

  13. thankyouforyourattention…

  14. Law No 5018 : Public Financial Management and Control Law MTP : MediumTerm Program MTFP : MediumTerm Financial Plan DP : Development Plan HPC : High Planning Council GA : General Assembly PBC : Planning and Budget Commission CGB : Central Government Budget DFP : DetailedFinancing Program DEP : DetailedExpenditure Program ABBREVIATIONS

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