Fiscal Year 2014 Fiscal Program Performance Evaluation

  • 2015-07-07
  • 463
The government submitted its financial report for the 2014 fiscal year, including the performance reports, based on Article 8 and 61 of the National Finance Act to the National Assembly in May. The Financial Performance Management System introduced in 2003 has contributed to the improved performance of the fiscal program over the last 10 years, and the government is seeking reform of the performance management system in a way to reinforce the autonomy and accountability of ministries and agencies.
  The National Assembly Budget Office (NABO) conducted in-depth evaluations of major national programs to reinforce the connection between budget/settlement and performance management and to support the National Assembly's performance-based evaluation of settlement of accounts, using the government's submission of the Fiscal Year 2014 Financial Report as an opportunity to this end. The 「Fiscal Year 2014 Fiscal Program Performance Evaluation」 includes evaluations on 23 themes in total, with each theme consisting of three volumes including general /multiple ministries, economy/industry, and society/administration based on the evaluation area. 
  Efforts were made to select major policy programs that the government is pursuing with emphasis and major pending issues that have recently emerged as social interests as the evaluation themes. In addition, demand investigation were conducted on each Standing Committee at the beginning of this year to reinforce the linkage with the evaluation of settlement of accounts by the National Assembly Standing    Committees, and, among the items found, 11 items were evaluated in this report.
  The major evaluation results include the inappropriate setting of performance indicators or lack of performance indicators to measure program performance in a substantial number of programs in terms of performance management. Moreover, in terms of fiscal program performance evaluation, issues including inappropriate program goals, the violation of laws/guidelines, the need for improving budget compilation, and poor policy effect were found.
  Based on the evaluation results, 「Fiscal Year 2014 Fiscal Program Performance Evaluation」 developed a total of 84 improvement issues. These include 50 administration proposals, including the early establishment of strategies to stabilize the long-term finance of the National Pension Fund and submission of the strategies to the National Assembly; eight law revision proposals, including legalizing 「Regulations on the Management of the National Research and Development Project」 and modifying different regulations scattered around individual laws of each ministry and administrative rules, etc.; 14 performance management proposals, including the development of indicators to measure housing stability and housing cost burden to enable the evaluation of the ultimate performance of housing policies etc.; and 12 proposals on budget compilation directions, including the consideration of integration or budget adjustment between the Ministry of Land Infrastructure and Transport's national transportation technology support program and similar/overlapping programs of the Small and Medium Business Administration, Ministry of Science, ICT and Future Planning and Ministry of Trade, Industry and Energy, etc.

Program Evaluation Bureau