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Title Vol. 89 Evaluation of Performance Management System for Fiscal Activities (English Edition)

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The “National Finance Act,” stipulates the establishment of “a system for performance management pertaining to fiscal activities” by the central government agency heads for performance-focused fiscal operations. The current performance management system for fiscal activities is confined to budget for fiscal programs, rather than the entire budget, resulting in the evaluation and performance management covering only 24.5% of the total budget. In addition, inefficiencies in performance management have been found because the performance management system is established separately for fiscal and policy programs. To address this issue, policy programs implemented under personnel or basic expenditures should be incorporated into the performance management system for fiscal activities as well. Moreover, efforts to establish an integrated performance management system as defined in the “Framework Act on Public Service Evaluation" should be made.

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