It's generally favourable. Sweden, which I mentioned earlier, adopted this divided system in the 1990s in response to an economic crisis it had. Since then, Sweden has done remarkably well. The reason is.... It's not simply that you have a strategy in the first stage. I called it a framework. A framework becomes the boundaries for the estimates, for revenues, and for expenditure.
In other words, government, before it examines the details of expenditure, is taking an explicit decision: what can we afford by way of total expenditure? This is favourable to the fiscal health of a country.
The alternative often is that the totals become the sum of the parts. You have pressure to spend on this and pressure to spend on that. Consequently, there's an inflation in the totals and in the deficit. This is the argument for establishing the framework before you get into the details.