What Does OMB Stand For?

OMB stands for Office Of Management And Budget US

The Office of Management and Budget (OMB) is a US governmental agency responsible for overseeing the administration of the federal budget, advising the President on budgetary policy, and ensuring effective government operations. OMB evaluates the budget proposals of federal agencies, implements fiscal policies, and promotes efficient management practices across the executive branch. Its primary role includes budget formulation, financial management, and regulatory oversight, contributing to the overall economic strategy and accountability of the federal government.

Added on 27th September 2008 | Last edited on 16th June 2025 | Edit Acronym

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