Performance Budgeting

The Performance Budgeting initiative is an overarching approach that has sought to shift the balance of emphasis away from one focused solely on the provision of resources to one that is more concerned with how those resources are used, what is delivered and the impacts of this.

Performance Budgeting is the systematic use of performance information to inform resource allocation decisions by strengthening the link between budget allocations and the delivery of results. Performance Budgeting provides greater transparency and accountability about the use of public funds and facilitates enhanced oversight of public expenditure by the government, the wider political system, officials and the public. First introduced in 2012 in Ireland, the overall Performance Budgeting framework, developed by the Department of Public Expenditure, NDP Delivery and Reform, has evolved to include a number of strategic budgeting initiatives, namely, Equality, Green and Wellbeing Budgeting.