This chapter analyses, under a fiscal stability and austerity framework, progress made and reforms proposed on budgetary issues, such as the introduction of a new technique to budget operational expenditures in the central administration or the creation of an independent fiscal institution. Strategic areas of action and policies are presented in order to promote transparency and efficiency in the allocation of public resources and to help restoring the credibility of public finances and reinforce its sustainability in the long run and to increase the government’s effectiveness in reducing budgetary imbalances. The section on public procurement focuses on three key reforms, in particular the use of the State Centralised Purchasing System by regional governments and the establishment of the General Directorate of Procurement Rationalisation and Centralisation as a unique central purchasing body; encouraging the participation of small and medium-sized enterprises in public procurement; and developing a single platform for government.