Spending public money wisely

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Post on 15-Apr-2017

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<p>Helping the nation spend wisely</p> <p>10 SeptemberSpending public money wisely</p> <p>Max Tse, Director at National Audit Office</p> <p>#</p> <p>1</p> <p>OBR spending projections</p> <p>Total public sector spending and receipts</p> <p>#</p> <p>2</p> <p>Recent changes</p> <p>#</p> <p>3</p> <p>Conflicting prioritiesIgnoring inconvenient factsOut of sight, out of mindNot learning from mistakesFour pervasive issues4 pervasive issues</p> <p>#</p> <p>4</p> <p>Conflicting prioritiesIgnoring inconvenient factsOut of sight, out of mindNot learning from mistakesFour pervasive issues4 pervasive issues</p> <p>#</p> <p>5</p> <p>Handling conflicting prioritiesDepartment for International Development Financial Management (2011)</p> <p>The Department has improved its core financial management and has an ambitious programme underway to improve its focus on value for money.Strategic flood risk management Environment Agency (2014)</p> <p>In the face of increasing flood risk in England and pressure on defences, the Environment Agency has improved the cost effectiveness and prioritization of its flood risk spending.</p> <p>#</p> <p>6</p> <p>Conflicting prioritiesIgnoring inconvenient factsOut of sight, out of mindNot learning from mistakesFour pervasive issues4 pervasive issues</p> <p>#</p> <p>7</p> <p>Not ignoring inconvenient factsTransparent about the limitations of assumptions</p> <p>Identify and monitor critical assumptions</p> <p>Work through the consequences of variation</p> <p>Tackle barriers and complications </p> <p>#</p> <p>8</p> <p>Conflicting prioritiesIgnoring inconvenient factsOut of sight, out of mindNot learning from mistakesFour pervasive issues4 pervasive issues</p> <p>#</p> <p>9</p> <p>Sustainability</p> <p>#</p> <p>10</p> <p>Conflicting prioritiesIgnoring inconvenient factsOut of sight, out of mindNot learning from mistakesFour pervasive issues4 pervasive issues</p> <p>#</p> <p>11</p> <p>Lessons from recent welfare reforms</p> <p>#</p> <p>12</p> <p>Thank youAll reports are available at www.nao.gov.uk</p> <p>Follow the NAO on Twitter @NAOorguk</p> <p>Sign up for email alerts with NAOdirect</p> <p>View our presentations on SlideShare</p> <p>Please contact Max Tse with any further questionsmax.tse@nao.gsi.gov.uk</p> <p>#</p> <p>13</p>