The Future for the New South Wales Treasury

The reform of the Budget process continues as a priority for Treasury. Reforms since the late 1970s involved the devolution of responsibility away from the central agencies to agency managers, offset by strengthened monitoring and accountability systems. Review of these reforms has predicated Treasury's reform program into the next millennium. This program will build on past reforms and involve further strengthening of public sector accountability and development of new mechanisms to enhance resource allocation decision making.