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<p>The Government is committed to maximising value for money in all areas of public
spending, and has introduced a programme to drive efficiencies and reduce wasteful
expenditure. By 2014-15, departments working with HM Treasury and the Efficiency and
Reform Group in the Cabinet Office will be saving £20 billion a year compared to 2009-10.
Spending Round 2013 identified over £5 billion additional efficiency savings in 2015-16.</p><p>
</p><p> </p><p>The Government sets clear principles and guidance for the management
of public resources, including achieving value for money, in Managing Public Money.
Ensuring value for money is the personal responsibility of each Accounting Officer.
The methods by which civil servants determine the long run value for money of programmes
are set out in The Green Book: Appraisal and Evaluation in Central Government.</p>
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