budgetary reform

Budgetary reform involves modifying how governments or organizations plan and manage their finances to improve efficiency, transparency, and accountability. It can include updating budgeting processes, setting clearer financial priorities, and implementing better oversight mechanisms. The goal is to ensure funds are allocated effectively to meet important needs without waste or corruption, often in response to financial challenges or public demand for responsible governance. These reforms help create a more sustainable financial system, support economic stability, and build trust with stakeholders by promoting responsible management of resources.