Vammalle, Camila; Ruiz Rivadeneira, Ana Maria - In: OECD journal on budgeting 19 (2019) 1, pp. 9-106
Uruguay is the only country in the world which has a five-year budget. A budget is prepared by each new government … revision (“budget update”) takes place, where the government reports budget implementation to the Parliament and some … adjustments to the coming year’s budget can be made. Uruguay has done significant improvements in budget management in the last …
