Medium-Term Expenditure Framework

Medium-term expenditure frameworks (MTEFs) help central/federal government organisations to adopt a medium-term budgetary perspective rather than solely an annual one. MTEFs typically span a period of three to five years, including the budgeted fiscal year, and combine prescriptive yearly ceilings with descriptive forward estimates.  For more information on MTEFs, please see the overview document of the Organisation for Economic Cooperation and Development (OECD).