From Miarinarivo to Antananarivo, preparation of the 2027 budget law now aims to draw more heavily from the territories. The launch yesterday in Miarinarivo of Regional Budget Conferences (CBR) opens a new phase in national budget programming. Through these consultations, the Ministry of Economy and Finance (MEF) seeks to better align state choices with locally expressed needs, while giving greater visibility to regional and municipal priorities. More than a simple administrative consultation, the CBR raises the central question of public spending efficiency. It is a matter for authorities to determine how to transform needs identified in the territories into investments capable of producing measurable results on economic activity, employment and living conditions. The process launched in Itasy and which must extend to the country's 24 regions has, in any case, the merit of identifying priorities that will subsequently be consolidated and integrated into the preparation of the 2027 budget law, whose finalization will take place in Antananarivo. This architecture reflects the authorities' willingness to bring budget decisions closer to local realities. A commendable initiative in a country marked by significant territorial disparities. The needs of an agricultural region are not, for example, necessarily the same as those of a territory with industrial, mining or tourism vocation. More territorially-based budget programming can therefore make it possible to better prioritize investments and avoid a uniform approach that does not sufficiently account for local potential and constraints. But the essential will be the implementation of these good intentions. Identifying needs is a first step. Selecting them, quantifying them, incorporating them into multi-year programming, mobilizing financing and ensuring their execution constitute others, equally decisive for the country to effectively find the path to genuine and sustainable development. From initiative to implementation, there is still a long way to go.