Performance based budgeting

DEFINITION: Performance-based budgeting aims to improve the efficiency and effectiveness of public expenditure by linking the funding of public sector organizations to the results they deliver, making systematic use of performance information (Robinson and Last, 2009: 2).

SOURCE: IIEP Glossary, IIEP Learning Portal, UNESCO. 

HYPERLINK: http://learningportal.iiep.unesco.org/en/glossary/Presupuestaci%25C3%25B3n%2520por%2520resultados