The government is seeking to institutionalize budget reductions for state tax-funded projects that are assessed to be unsatisfactory.
 
According to the finance ministry's five-year management plan for financial projects on Monday, it will adopt the principle of adjusting budgets relative to the outcome of the government's eleven existing evaluations.
 
A minimum one-percent budget cut is being considered for projects deemed unsatisfactory. Ministries behind projects that cannot proceed with a budget cut will have to submit a plan outlining a blueprint for improvement.
 
Those assessed to be unsatisfactory for two consecutive years will have to be redesigned from the bottom up, and if deemed unsatisfactory for a third year, the project will be scrapped entirely.