02694cas a2200325 a 4500 AALejournalIMF022904 230101c9999 xx r poo 0 0eng d 5.00 USD 9798400210129 2522-7912 BD-DhAAL BD-DhAAL Sheik Rahim, Fazeer. How to Prepare Expenditure Baselines / Fazeer Sheik Rahim, Claude Wendling, Eliko Pedastsaar. Washington, D.C. : International Monetary Fund, 2022. 1 online resource (21 pages) IMF How To Notes <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Expenditure baseline projections (hereafter, "base-lines") are a key analytical concept in budget preparation that refers to estimates of future expenditure on the assumption that current policies remain unchanged. They serve as reference points against which other data, such as proposed or approved budgets, or expenditure ceilings, can be compared. In many countries they are a basic tool for starting the preparation of the budget. They represent neither future spending allocations nor total expected outturn as they do not incorporate estimates of the cost of new policies and the expected impact of saving measures. Other features of baselines are that they are generally produced over a multiyear period, they can be calcu-lated at any level or form of the budget classification (that is, ministries, economic classification, specific policies, functions or programs), and can be summed up to higher levels (such as the whole budget). Hence, they can be useful at both a micro and an aggregate level. This note aims to clarify and establish a framework that covers baselines' various purposes and uses. It first discusses the definition and objectives of baselines and the methodology used for producing them before outlining how they should be prepared. It concludes with a discussion of the key success factors for making the most effective use of baselines. Mode of access: Internet Economic Policies imf Expenditure Baselines imf Foreign Exchange imf Informal Economy imf Underground Econom imf Pedastsaar, Eliko.. Wendling, Claude. IMF How To Notes; How-To Note ; No 2022/002 Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=2522-7912&volume=2022&issue=002 IMF e-Library