Indicators of rationalizing public spending and its role in controlling the public budget

Abstract

Budget control explains the government's ability to accurately manage public spending and public revenue so that it responds to the financial goals set within the medium and long-term economic plan, The fiscal deficit does not exceed a certain percentage of the gross domestic product, And that the policy of rationalizing public spending helps in reforming financial performance and achieving budget control, so it should be applied by expanding the fiscal space index in certain ways and reducing its narrowness as one of the steps to implement the policy of rationalizing public spending, activating the fiscal discipline index and working with it for its active role in imposing restrictions on spending. Public spending so that spending takes place according to priorities and necessity to get rid of irresponsible waste of public money, increasing the productivity of public spending by directing public spending to everything that is productive and fruitful, and thus supplying the public budget with revenues far from oil revenue.