A budget (derived from old French word baguette, purse) is a quantified financial plan for a forthcoming accounting period. A budget is a financial plan for a defined period of time, usually a year. It may also include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities and cash flows.
Budget tracking is increasingly being used as a development tool to ensure that government funds are used effectively and efficiently, and are not lost to corruption or siphoned off. Budget tracking helps governments, citizens and civil society organizations ensure that allocated public resources reach their intended beneficiaries. This guide gives a short introduction to budget tracking and draws upon lessons from DORP experience in budget tracking.
Type: Tool/training material/ Manual/guidelines