Office of Management and Budget (OMB) plays a pivotal role within the United States government as an essential federal agency. Its primary function lies in aiding the President of the United States in fulfilling various policy, budget, management, and regulatory objectives. The jurisdiction of OMB is far-reaching and multifaceted, ranging from the formulation of the federal budget to the supervision of the administration’s procurement, financial management, and information.
In addition, OMB holds a significant responsibility to carry out specific statutory duties. These responsibilities include the coordination of the Federal procurement policy and the administration of Paperwork Reduction Act. In its essence, OMB works diligently to improve administrative management, to set funding priorities, and to streamline government-wide policies. Extensive information about the agency’s functions, operations, and policy directives can be obtained from its official website, omb.gov.
