Public Financial Management Reform Project-Strengthening Budget Preparation

The PFM Project was 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 would be extended where necessary and appropriate to the sub-national system. The aim was to strengthen budget formulation, execution and control, improve public financial reporting, strengthen public procurement and develop capacity in PFM.

• Strengthen the capacity of the Budget Directorate of MoF with respect to macroeconomic, fiscal and expenditure projections.

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

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

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

• Convene Macroeconomic Forecasting Cell and Budget Strategy Committee

• Build macroeconomic and Budget Strategy Planning Data Repository

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

• Capacity Building for Macro-Fiscal Cell