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EC to spend more than €2 million to ensure efficient public finance management in BiH

Photo by Traxer on Unsplash

“The purpose of this project is to contribute to the full implementation of program-based budgeting in order to strengthen the link between economic policy priorities and strategic/medium-term planning and budgeting,” the document notes.

To this end, the EC proposes to introduce new software for budget planning and reporting, as well as to conduct a corresponding training program.

According to the contract, the tasks should be done within 2.5 years. The amount of funding will be €2.25 million.

Earlier, the European Commission financed “support” administrative resources in Bosnia and Herzegovina.

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