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The need for an efficient, effective and economic use of scarce public resources in the face of increased demands on the state has given rise to the use of performance-based budgeting (PBB) in the official sector. Unlike traditional, input-oriented budgeting systems, PBB places a significant focus on outputs to ensure effective resource utilisation. The Central Bank of Turkey has used a PBB approach to its budgeting since 2007.
Despite being known by many