MEDIUM-TERM BUDGETARY FRAMEWORK - OVERVIEW

The annual budget of the Federal Government is based on a medium term budgetary framework (MTBF). The MTBF is an approach to budgeting that integrates policy-making, planning and budgeting within a medium-term framework.

The MTBF has provided the framework for budget preparation in all Ministries/Division and Departments of the Federal Government since 2009.

The MTBF has three main objectives:

  • To further strengthen fiscal discipline by creating and orderly framework for management of the annual budget over the medium term;
  • To strengthen the alignment of federal resources by the government to the government’s policies and strategies;

To build the capacity in federal ministries to prepare and manage their budgets in a manner which provides cost-effective service delivery (outputs) and efficient use of public funds (value for money).

Address:

Room # 116, MTBF Secretariat
Budget Wing, Finance Division Q Block,
Pakistan Secretariat
Phone: 92 51 9208121
Fax: 92 51 9206356
email: mtbf.secretariat@finance.gov.pk

For further details:

Budget Preparation Process
Stakeholders
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