PAGE
14
A LOOK AT MÉXICO TROUGH THE WORLD
Public Funds:
through Evaluation and Social Comptrollership By Azucena Mendez Garcia MA and PhD in International Economy and Development. Complutense University of Madrid, Madrid, Spain.
B
ased on evaluation and accountability as the two final phases of the budgetary cycle1 of public spending, there are a number of instruments that contribute to the efficiency, effectiveness, economy, legality, trustworthiness and transparency of public resource management.
1 According to the Institute for the Technical Development of Public Treasuries (INDETEC), the budgetary cycle is a group of stages through which the budget must move: it is a continuous, dynamic and flexible process.
