ROMANIAN JOURNAL OF ECONOMIC FORECASTING, cilt.9, sa.3, ss.80-99, 2008 (SSCI)
Performance-Based Budgeting (PBB) System is one of the latest techniques achieved in the development process of modem budgeting systems. The system basically requires public institutions to prepare budgets in accordance with market-focused administration approach. The system is based on allocating the budget in order to give the most convenient subsidy for the institutional operations to enable the effective use of resources. Institutional activities are assessed according to pre-determined performance criteria and the way to reach the target performance level is called forth.