Result Based Management Framework - METAC

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Budget Classification: comprehensive review of the budget classification and
COA in order to operate its modernization in line with the GFSM 2001 and
COFOG standards (April 2010 mission).
PFM Strategy: preparation of a timetable for the major PFM reforms to be carried
out by the authorities (March 2012).
Macro Fiscal: capacity building to the newly established Macro-Fiscal
Department (MFD) and set of recommendations regarding the MFD structure,
organization, and output. (September 2012).
Work Program
Objectives
The objective is to improve the quality of fiscal analysis and to ensure that the MOF has a
medium-term fiscal strategy through the establishment of budget ceilings that will inform
and guide the annual budget preparation process. METAC will provide TA to help the
authorities (i) strengthen the Medium Term Budget Framework process and build the
basis for effective medium-term economic and fiscal frameworks to shift the focus of
policy away from purely short-term objectives; and (ii) establish an efficient payment
system through monitoring and projection of cash balances, inflows and outflows.
Outcomes
A top-down, multi-year budget preparation process is adopted.
The budget cycle is streamlined in line with international good practice with the
introduction of a sound and practical new BSL which will enable the government
to translate its vision into a strong reform agenda in pursuit of a sustainable fiscal
stance.
Outputs
The main outputs would be:
Mission reports.
Hands-on training and capacity building delivered to staff at MOF and other
relevant government agencies.
Diagnostic review of the budget system, its fiscal institutions, and decisionmaking
processes.