OECD Journal on Budgeting

The OECD Journal on Budgeting is published three times per year. It draws on the best of the recent work of the OECD Committee of Senior Budget Officials (SBO), as well as special contributions from finance ministries, academics and experts in the field and makes it available to a wider community in an accessible format. The journal provides insight on leading-edge institutional arrangements, systems and instruments for the allocation and management of resources in the public sector.

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Infrastructure Governance Review of Argentina

This review discusses infrastructure governance in Argentina in relation to

the OECD Framework for the Governance of Infrastructure. This report

highlights recent improvements in the institutional framework, as well as the

main reforms aiming to improve transparency and oversight of

infrastructure investment, strengthening the role of the Chief of Cabinet of

Ministers in defining infrastructure investment objectives, and ensuring

better articulation between the budget formulation process and the National

Public Investment System. However, it also underlines the weak planning

capacities at the national and subnational level and the need to develop a

long-term strategic vision based on assessed infrastructure needs, shifting

from a sector-oriented approach to a place-based approach for

infrastructure investment. This report also stresses that Argentina can have

a more robust project prioritisation process, and the need to strengthen the

multi-annual investment system to ensure value for money throughout the

lifecycle of the project. This review was conducted in parallel with an OECD

Budget Review of Argentina.


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