Performance Budgeting in the United Kingdom

This case study defines performance information in line with the OECD: broadly speaking, "The term includes both evaluations and performance measures" (OECD, 2005, p. 58). The use of measures and indicators for performance management and budgeting - in so far as it concerns HM Treasury in its role as a finance ministry - has been of greatest significance with respect to the Public Service Agreement (PSA) framework. These agreements, overseen by HM Treasury, set out aims, objectives, targets, and efficiency savings for government departments in exchange for the resources committed.