This project enabled the Government to build an efficient financial management system, operating to European standards, by modernising budget processes and increasing the capacity for budget management. It included
- modernisation of the budget preparation processes by preparing a Medium term budget framework (MTBF) and improving the current budget programme classification,
- improving the budget execution system by extending the Treasury Single Account coverage and improving cash planning etc.
- training the staff of the Ministry of Finance and line ministries in budget management areas