Public Financial Management Project: Strengthening Budget Preparation – Capacity Strengthening in Economic Forecasting Component I

The PFM Project is meant to strengthen budget execution and control, improve transparency and accountability in the mobilization and use of public resources and build capacity for improved public financial management. Cross-cutting reforms in PFM will be addressed at the national level and will be extended where necessary and appropriate to the sub-national system. The aim will be to strengthen budget formulation, execution and control, improve public financial reporting, strengthen public procurement and develop capacity in PFM.

1. Strengthen the capacity of the Budget Directorate of MoF with respect to macro-economic, fiscal and expenditure projections

2. Improve the process of annual budget formulation and budget classification and strengthen public financial regulatory framework

3. Improve content of and adherence to Budget Call Circular (BCC).

Description of Services Provided

e.Gen undertook the following tasks to fulfill the above mentioned services:

• Convene Macro-economic Forecasting Cell and Budget Strategy Committee

• Build Macro Economic and Budget Strategy Planning Data Repository

• Develop Macro Fiscal Forecast, Medium Term Fiscal Framework and Budget Strategy

• Capacity Building for Macro-Fiscal Cell