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Laymanizing Public Expenditure Management (PEM). OPIF vs. PERFORMANCE BUDGETING. MTEF and FEs. estimates of the future costs of existing policies, serving as the determinant of the available budget for new projects as well as serving as validation instrument for assessing agency proposals.
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MTEF and FEs estimates of the future costs of existing policies, serving as the determinant of the available budget for new projects as well as serving as validation instrument for assessing agency proposals
Other Reform Measures • Government Procurement Reform Act Salary Standardization Law III