Recent budgetary reforms in singapore

Abstract

The article examines recent reforms in the financial and resource management of government administration in Singapore. The aim of these reforms is to bring the financial and resource management of the public service more into line with practices of large business organizations and broadly correspond with the so-called “managerialist” reforms adopted by government administration in other countries. The reforms include financial delegation, target setting and performance measurement, accrual accounting, output-linked budgeting, the creation of self-managing agencies in government ministries, and periodic zero-based and financial control reviews. In conclusion the article considers the aims of and reasons for these reforms.