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- Central government update
- Treasury's December fiscal forecasts
  - Transmission channels
  - Weaker real growth
  - The bottom line – lower nominal GDP
  - What has changed
  - Operating balance
  - Debt
  - Demographics
  - Large fiscal stimulus in the economy
  - Fiscal strategy
  - ... in the medium term this will require further action
  - Fiscal toolkit
  - Are the departmental/sector outcomes priorities for this government?
  - Do the services/programmes contribute to achieving these outcomes?
  - Are there more efficient or effective ways of delivering these?
  - Performance information as a building block to value for money
  - What do Ministers expect out of the process

Performance information as a building block to value for money

Audit New Zealand and Office of the Auditor-General's central government sector update.

Are there more efficient or effective ways of delivering these? What do Ministers expect out of the process Right arrow

If a service or output is not effective – its not cost effective - stop it or change it
If you know service is effective then look at the efficiency of delivery
If you are unsure if service is effective - work out how to test effectiveness
If it is a core service focus on efficiency

Are there more efficient or effective ways of delivering these? What do Ministers expect out of the process Right arrow

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Treasury's slides: PDF, 324kB, 18 pages