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Budgeting and Public Expenditures in OECD Countries 2019

image of Budgeting and Public Expenditures in OECD Countries 2019

This report provides a comprehensive view of practices and developments in the governance, implementation and performance of budgeting across OECD countries. It looks at recent practices such as the application of medium-term frameworks and the use of data and analytics to highlight the impacts of policies on concerns such as gender equality and the environment. Reflecting countries’ efforts to strengthen the insitutions supporting ficsal policy, the report also discusses trends in Parliamentary oversight, citizen participation, transparency, infrastructure governance and the management of fiscal risks.

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Budgetary Governance in Practice: Finland

Boosted by exports, output growth in Finland will remain strong in 2018-19 but is likely to slow somewhat, as private consumption softens due to the impacts of wage moderation and rising inflation on household real incomes. Investment in construction is also set to decelerate, but export demand and the implementation of some major industrial projects will support business investment.

English

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