• Mon. May 20th, 2024

Several achievements have been made in the ministry in charge of finance during the 2022/2023 financial year

ByWebmaster

Sep 4, 2023

BUJUMBURA September 4th (ABP) – The Burundian Ministry of Finance, Budget and Economic Planning recorded several achievements within the framework of economic planning, during the 2022/2023 financial year, this is read in a press release published by the said ministry.

The activities carried out are mainly focused on the development of the 2023/2026 public investment program, the drawing up and updating of a macroeconomic framework note, the drawing up of a project guide for planning, programming, budgeting and monitoring-evaluation as well as the organization and running of workshops.

Indeed, the ministry notes that the 2023/2026 public investment program was drafted after training of sectors on the drawing up of project sheets and validation of a framework of results-oriented project sheets.

The 2023/2026 public investment program (PIP) document which was drafted and adopted by the government will serve as a reference for the programming of public investment projects over the next three years, the press release specifies.

The ministry further notes that the drawing up and updating of the framework note was used in the drafting of the draft Finance Law for 2023/2024. Moreover, the press release continues to say, the workshops which were organized made it possible to create basic tools for the consolidation of the process of implementing program budgets, in particular the draft guide to planning, programming, budgeting and monitoring evaluation (PPBSE), sectoral strategic notes (SSS) for all ministries and budget-program nomenclature projects as well as capacity building of 835 actors in program planning and budgeting.

The other “very important” projects under the ministry’s portfolio during the 2022/2023 financial year are, among others, the holding of more than 100 meetings with development partners, the carrying out of a diagnosis of the system of information to prepare the digitalization of all processes in the public finance chain, the monitoring of the execution of 652 public procurements, the establishment of an Impulse, Guarantee and Support Fund (FIGA), the implementation of mapping, prior to the organization of the 4th general population census.

As for the prospects, the ministry notes, in particular, the completion of projects such as the revision of the National Development Plan (PND) in alignment with the new vision of Burundi, a country emerging in 2040 and developed in 2060, the drafting of the development program public investments 2024-2027, the drafting of sectoral policies aligned with the revised PND and the continuation of budget-program reform through the adoption of regulatory texts.