ABSTRACT
The purpose of this paper is to appraise the application of new regulations of Constitution about budgeting. This appraisal is carried out in the critical situation of Brazilian public finance and takes into consideration the positive effects on the control of public expenditure that should be produced with the full implementation of new constitutional directives. The appraisal concludes that some constitutional determinations have not been regulated yet. This fact has permitted serious offenses against the Constitution and has facilitated Congress and the Government administration in casuistic actions regarding budgeting affairs. At the end of the paper some measures are presented which must be implemented in order to obtain better efficiency and efficacy in the allocation of public funds, through introducing improvements in the budgeting process.
KEYWORDS:
Budget; public expending