The relevance of budget and planning procedure in public sector

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The research was critically carried out to examine the budget and planning procedure in the public sector centered particularly in the Ministry of health, Lokoja. It introduces and makes an analysis of financial provision relating to the term of budgeting and planning such as forecasting of income and expenditure, their relationship as well as the authenticated authority to rise and increase the appropriate fund for their appropriate programs. Thereby promote basic budgeting principals so as to clear the barriers capable of causing certain things to the system. It also attempts to broaden the knowledge of those undergoing courses in accounting, financial studies as well as banking and fiancé in Polytechnic, University and College of education. It will also aid the student of business administration and the Local government. The financial memoranda as revised in this work, made elaborate management on the procedure existing in the ministry of health, Lokoja such as careful adherence to those appropriations in the memoranda with respect to those warrants released, which is very important and compulsory as it formed the basis of ensuring probity, honesty and accountability in the ministry. It follows that the activities were handled only by those who knew them and with specified knowledge the public funds should be disbursed within the available financial institutions. A thorough overview of this project work brings to mind the doubtless conclusion that the ministry of health does not adapt appropriate budgeting principles and conventions in a manner required by law.
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The relevance of budget and planning procedure in public sector